You had a great dream when you were young. You had a powerful vision of the future. You would be rich, famous, successful. You would make a difference in the world. You would be recognised for your contribution and ideas. You would travel far and wide, you would see the world, you would be a …
At LawSikho, we have been helping hundreds of Indian lawyers to learn international legal work and serve individual clients and companies in the UK, US, Canada, Dubai, Singapore and other markets. The UK has emerged as a top destination for Indian legal talent, whether they want to work remotely from India or want to migrate …
There is no denying the fact that solicitors in England and Wales make big money, not to mention enjoy a high social status. How big? We did the maths for you and got the numbers. Depending on their area of interest and location, here is how much qualified solicitors can make according to Prospects UK: …
At LawSikho, we have a formula for success: Capability + Credibility/ track record + Outreach = Success in anything! Most people remain stuck at the knowledge level, and assume the rest of it will happen automatically over time. A lot of people do not even develop the relevant skills, which is very damaging. Here are …
Before we get into the topic for today’s mail, let’s take a quick minute to discuss who is eligible to become an independent director (ID). Section 149(6) of the Companies Act 2013 states that an independent director Must be a person of integrity and possess relevant expertise and experience Must not, either on his/her own …
Today, let us start by understanding the time when an independent director (ID) is required to be appointed. Most public companies appoint independent directors ahead of their IPOs, or if they have reached the INR 10 crore paid-up capital/INR 100 crore turnover/ INR 50 crore debt threshold Companies may also need to appoint new independent …
After reading my previous emails, at this stage you are probably wondering whether you have enough experience to become an independent director. And why would anyone appoint you as such? Both are good questions. But here are a few things to consider. First, there is a huge scarcity of independent directors (IDs) already in India. …
To answer the question in the subject line: The biggest benefits are, of course, money, prestige, and fame. I’ll tell you more about each of these. But let us start with the earnings. The first thing you need to understand is that being an independent director is a part-time gig. You don’t get a salary; …
Imagine that it’s November 2024. You are sitting in your first board meeting as an independent director in one of the top 100 companies listed on the BSE. The media has written about your appointment. They will write about the outcomes of today’s meetings as well. In fact, the press regularly covers you. You are …
How can HR managers, compliance professionals and entrepreneurs become Independent Directors (IDs) on the board of a company? What exactly does an ID do? What are the eligibility criteria to become an ID? What is the nature of the self-assessment test that the majority of IDs now need to clear? How difficult is it to …
