Internship Experiance at L&T Finance Ltd.
Location: Mumbai, Santacruz (E).
Tenure: 3 Months (January 2014 to March 2014).
Position: Legal Intern.
Area of work: s/9 and s/17 of Arbitration & Conciliation Act, 1996.
Stipend: No (Internship at LTF is strictly without any consideration; only Internship certificate will be given to you after successfully completing your internship tenure)
Student: Government Law College, Mumbai.
Working days: 5 days for Interns (Saturday Off ;) )
Interview: on the day of my interview I was asked so many questions. Firstly, Manager asked my area of interest and I was a fourth year student so I was not aware of Arbitration Act, C.P.C., Cr.P.C. etc. etc. so they did not ask questions related to those subjects which I have not read during my semesters. It was almost 1 hour interview and in which Manager asked me questions related to Companies Act, Indian Constitution, Indian Penal Code (I.P.C.) and basic term of Law.
Company overview :
As we all know L&T is one of the prestigious name which was founded by Mr. Souren Kristian Toubro and Mr. Henning Holck-Larsen. L&T Finance is holding company of L&T Infotech and it is situated in Santacruz (E) . Their Legal department is full of intelligent and smart lawyers from whom you actually can learn something. I was assigned to Arbitration Team which was consist of almost 10 advocates but simultaneously I had given work of Cheque bouncing (u/s. 138 of Negotiable Instrument Act.) cases as well.
How big company is??:.
The strength of L&T Finance is almost of 20 to 30 lawyers which is including for Arbitration and Cheque Bouncing matters. During my Internship period I actually realised that if you want to work for any corporate then LTF is the best place where you can explore as much as you want.
First day formality:
From 2nd of January, 2014 I joined this reputed company in its Legal Department as Legal Trainee. I had a meet to my manager under whom I supposed to work. My manager was a lady but she was down to earth woman and extremely cooperative, humble and intelligent woman whom I ever meet. It was a first time I was working for such a well known corporate so with excitement I was bit nervous as well. On first day of my internship I met the entire Legal team of LTF as it was new year so Head of the legal department also came at everyone's' desk to wish them Happy New Year and I was lucky enough to meet her on first day of my Internship. She is one of the ideal woman from whom any fresher can get inspire. After meeting her I really got inspired from her and it was a first time I felt how proud it feels when a woman handles such a big post. On first day of my internship I had to submit two reference letters and personal details with two passport size photographs.
During 3 months of my internship tenure I had given lots of task including drafting, legal research and many other things which was available at that time. Previously I had interned with 3-4 law firms and I had noticed that corporate legal working style is totally different than law firms. As I had worked with law firms and in law firms advocates hardly use Microsoft Excel so I was totally new to Excel but staff was pretty helpful and really helped me to learn so many things.
Days at work place:
It was my first day and I was without work. Initially I hardly had given any work so it was being very bored for me to survive over there but after a week at last I got some work and that was a week I became even more busier than ever and till the last day I was busy only. I had to make demand notices, Section 9 petition, Affidavits, reference letters to Arbitrator and calculation related to dues/debts. It was almost a very essential phase of my life where I had seen so many things altogether. Indeed it was my best Internship and yes, the staff was extremely cooperative and supportive. I learnt M.S. Excel from their staff and they didn't hesitate at all to teach me from starting.
For Fun, Chill out & Leisure:
I was the only youngest person in the entire LTF so I used to hesitate with other staff and I was not so friendly with them but as time passed I became cozy with all of them. Near the office campus hardly there is any place where you can chill out or relax after office hours and basically I was from Mumbai only so it was not so required for me and most of the time I preferred LTF canteen only. All sorts of food was available in the office campus in reasonable cost but yes if you are an outsider then you need to hunt some places to make your weekend cheerful.
LTF's Legal Department is indeed a great a place for a law student where they can have a great exposure of their learning phase. Students those wants to pursue their career in corporate then I would say LTF is the best place to work.
There is nothing which I can say bad about LTF everything is just awesome but yeah if really I could say then I would say their "Stipend". Its such a big corporate but their Internship is without consideration so, it is bit costly to spend your own money for travelling and rickshaw which is extremely costly in the city like Mumbai. So over all its great place to work.
Over all my three months of internship was extremely great in terms of learning and having a name of L&T Finance in my Internship list. I was fortunate enough to had a nice exposure of such a leading corporate. In terms of staff, senior staff, work everything was just amazing and worth to learn from LTF._________________________________________________________________________________
You also can share your Internship experience write us on [email protected] and share your internship
experience with us help law students to know and explore more in their legal career.