Excerpts from a Bar and Bench report published here:
Of the 435 first generation lawyers who have been in the profession for less than 5 years, 343 (78%) make less than Rs. 5,00,000 a year!
Around 72 (17%) make between Rs.5,00,000 and Rs. 10,00,000 per year while 23 first gen lawyers (5%) make more than Rs.10,00,000 per year!
Out of the 162 first generation lawyers who have spent between five and fifteen years, 65 (40%) continue to make less than Rs. 5 lacs per annum while 57 (35%) make between 5,00,000 and Rs. 10,00,000 per annum!