Legal Seva दफ्तर

Here is an important analysis for all the smart young lawyers who are planning to join criminal or civil litigation.

If you really want to pursue these careers, you will find a way. Still, you need to know the market realities. I am sharing some interesting data for your benefit.

There are 130 cr Indians.

How many of them can afford your fees? Let's see.

Only 1% of Indians paid income tax in 2020. This means less than 1% of Indians earned more than Rs 5 lakhs in a year!

As of 2020, only 46 lakh individual taxpayers have disclosed income above Rs.10 lakh.

We can assume that the entire legal market for legal services for individuals (leaving out businesses) who can pay a reasonable legal fee is restricted to the 46 lakh individuals.

How many times in their lifetime will such a person go to court? How many

times a year?

The number is abysmally low. There are around 20 lakh advocates in India, a vast majority of them do litigation for individuals.

The number of criminal cases filed is around 80k per year!

The number of civil cases filed in district courts has been steadily reducing. I could not find recent data, but old reports show this trend.

The trend has strengthened thanks to specialised tribunals & mediation. Also as pendency increases, fewer people bother to litigate disputes.

Conclusion: In India, litigating for individual clients is a very small market with

very high competition.

There is also no prospect of massive growth in these practice areas in immediate future unlike many other emerging areas of law practice.

For whatever work exists, there are entrenched service providers with pre-existing relationships, reputation & systems in place that make entry on newcomers very hard. Influx of -1 lakh new law grads every year makes things worse.

BCI approved seats in law colleges: 1.5 lakh

Law grads with no other options simply join district court litigation. Which means the competition for young lawyers get worse by 20-50% (varies from place to place, worst in metro cities) year on year while the market size: does not even grow 5%.

Things were not like this even 20 years back. Only 10-20000 approved seats for law existed. Competition was nothing like what it is today. The seniors in the bar who encourage young law grads to litigate in district courts don't seem to appreciate the sea change in dynamics.

This is a huge reason why so many young lawyers suffer a lot when they join litigation. Forget newcomers, even old timers are struggling as things get worse by the year.

So when people when you ask an Advocate " Dada ektu fees ta KOM hobe na " next time keep in mind a few things :-

1. You never ask a doctor the same.

2. We also have families and dependents to look after.

3. Most importantly don't disgrace our Nobel Proffesion.

Karnataka High Court ruled that:

1. Wearing hijab is not an essential practice in Islam.

2. Prescription of school/college uniform is a reasonable restriction that students can't object.

A slap to PFI, CFI & all those who want to communalize educational institutes.

An educated man, a professor, falsely accused of sexual assault of a minor girl because her mother had a fight with neighbors. Despite CCTV evidence, falsifying the allegations completely, judge only gives token statement on misuse. NO PUNISHMENT TO FALSE ACCUSER

Mamania had initially demanded Rs 4 lakh as compensation. However, the forum deemed it was out of proportion.

The forum agreed that Mamania was liable to get fair compensation and demanded Ola Cabs to pay Rs 10,000 as fair compensation and Rs 5,000 as the complaint cost within 30 days.

Delhi High Court has quashed a case where woman alleged rape by father-in-law, unnatural sex by husband, dowry & domestic violence by husbands family

She took 65 LACS to settle the "dispute"

We feel ashamed as a human being that women have reduced RAPE into a JOKE , thats how men are getting trapped and they suffer.

Update from supreme court.

May Goddess Saraswati bless you with knowledge and wisdom.

Happy Vasant Panchami🙇‍♂️📚📗📘📕📔🪔
Mishra & Associates

📌 *Key Highlights : Budget 2022*

📍 *GDP growth* for FY 22 expected to be *9.2%,* the *highest* for any large economy.

📍 *PLI* (Production Linked Incentive scheme) in *14 sectors* for Aatmanirbhar Bharat to create *6 million jobs* , additional allocation of *Rs 19,500 crore* for PLI in solar PV module manufacturing.

📍Promoting *Fintech and digital economy* a focus area for this Budget.

📍 *75 digital banking systems* in *75 districts* by scheduled commercial banks.

📍 *IBC* to be amended to improve efficiency of resolution process including cross border.

📍 *Core Banking Services* to start in *Post offices*

📍 PM *Gati-shakti* masterplan Has scope to enhance *Multimodal communication* through 7 engines, 2000 km of rail network to be brought under *KAVACH* & Highway network to grow by *25,000 km* in FY23.

📍Contracts for implementation of *multimodal logistics* parks at 4 locations to be awarded in 2022-23, in *PPP Mode*

📍 *ECLGS* (Emergency Credit Line Guarantee Scheme) to be extended upto March 2023, guaranteed cover extended by another *Rs 50,000 crore*

📍 *8 million* new dwelling in rural, urban areas to be completed under *PM Awas yojana*

📍 *Rs 2.37 trillion* worth of *MSP direct payments* to wheat and paddy farmers.

📍 *Rs 2 trillion* outlay for MSMEs, Additional loans for *13 mn MSMEs.*

📍 *Rs 48,000 crore* allocated to housing projects under *PM Housing Scheme* for FY23, *Rs 1,500 crore* allocated for development of the Northeast in FY23 & Desh stack *e-portal* to be launched to promote *Digital infra*

📍 *New provision* to file updated return within *2 years* of relevant assessment year.

📍 *Alternate minimum tax* for cooperative societies down from 18.5% to *15%*

📍 *Tax deduction limit* for *state govt employees* to *NPS* raised from 10% to *14%*

📍 *Surcharge* on Corporate tax *pruned* from 12% to *7%* Surcharge on *transfer of long-term capital gains tax* capped at *15%*

📍 *Tax exemption* to start-ups extended to March 2023.

📍 *Gross GST collection* for January 2022 at a *record Rs 1.41 trillion*

📍 *No change* in income tax slab.

📍 *Electric Vehicles* battery-swapping policy to be brought out with interoperability standards.

📍Concessional duty *on import of capital goods* to be phased out.

📍 Duty on *unpolished diamonds* to be *reduced to 5%*

📍Customs duty on *steel scrap extended by a year*

📍RBI led *digital rupee using blockchain* to be launched in FY23, *1% TDS* on *transfer of virtual digital assets* & income to be taxed at *30%*

📍 *68% of capital outlay* for Domestic defence industry.

📍Revised Fiscal Deficit *6.9% of GDP* in FY22 as against 6.8% in Budget estimates, Fiscal deficit at *6.4% in FY23*

📍 *Total expenditure* in FY23 estimated at *Rs 39.45 trillion* ; *total resources mobilisation* to be *Rs 22.84 trillion* other than borrowing.

In 2022, 100% of 1.5 lakh post offices will come on core banking system to facilitate financial inclusion.

With the aim to take Digital Banking to every citizen. 75 digital banking units in 75 districts of the country will be launched.

With 1486 union laws repealed, Ease of Doing Business 2.0 will be launched. We will follow the idea of trust based government.

एक साल में 25 हजार किलोमीटर हाईवे बनेगा
हाईवे विस्तार पर 20 हजार करोड़ रुपये होंगे खर्च
8 नई रोपवे का निर्माण किया जाएगा

400 new generation Vande Bharat trains will better energy efficiency and passenger-riding experience will be developed and manufactured during the next 3 years.

A task force for the promotion of AVGC will be set up, aiming to employ youth in the visuals & animation sector.

The laying of optical fibre in all villages to be completed by 2025.

Our government is committed towards Atmanirbharta in armed forces. 68% of capital procurement budget will be earmarked for domestic industry for 2022-23 up from 58% in 2021-22.

Rs. 19,500 crore marked for PLI for manufacturing of high efficiency module for polysilicon.

Implementation of Ken Betwa Linking project at est. cost of Rs. 44,605 Cr. to be taken up with irrigation benefits to 9.0 lakh hectare farmland, drinking water to 62 lakh people, 103 MW hydropower. 27 MW solar power generation.

Digital currency to boost digital economy by . Digital Rupee to be issued by RBI starting 2022-23

Rs. 1 lakh crore to assist the states in catalysing the overall investment in economy. These 50 years interest free loans are over and above the normal borrowings to the states.