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Balanand Menon on “the war for legal talent”

3 May 2024


In a recent feature by The Economic Times, Balanand Menon, Director at Counselect, discusses the shift towards younger partnership promotions within Indian law firms — a strategic move to retain talent amidst increasing demand for legal services.

Highlighting the sector’s evolution post the 2009 financial crisis, Menon notes, “Indian law firms have been inundated with work, making promotions to partner level a key talent retention strategy.”

According to Menon, the path to equity partnership is not straightforward, despite the shift towards younger partner promotions: “The majority of the early partners in their early 30s are salaried, and the path to becoming an equity partner may have reduced only marginally.”

His commentary provides a realistic view of the evolving legal landscape, recognising the advancements while acknowledging the challenges that persist.

For a deeper view of Menon’s perspective on the evolving legal talent market in India and the strategic imperatives for law firms, read the full article on The Economic Times.

Get in touch with Balanand for a more detailed discussion.

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