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Roundup The first four months of this year has seen a significant number of lateral shifts amongst the countrys bigger law firms, while breakaway firms have either dissolved or merged with other startups. At the same time, this period has also seen a number of Partner promotions, indicating a possible rise in market sentiment. Of course, the spate of promotions could also be a move towards stemming attrition, something that seems to be plaguing quite a few law firms. Lateral Shifts When it comes to lateral shifts, the largest movement has been at Economic Laws Practice, where 14 lawyers, including Partners Tarun Gulati, Sanjay Notani, and Associate Partner Neil Hildrith have shifted to PDS Legal. Nishith Desai saw two of its senior lawyers; Sidharth Shah and Bijal Ajinkya leave the firm to join Khaitan & Co. Seth Dua Associates got three new partners and saw exit of one; Salman Waris from HSA Advocates, Gautam Chopra from Vaish Associates and Competition Law expert VK Aggarwal joined Seth Dua while Rahul Goel left to join Dhir & Dhir. Other Partner shifts include Desai Diwanjis Amit Khansaheb moving to BMR Legal, JSAs Abeezar E Faizullabhoy shifting to a power projects company, Sidanth Rajgopal moving from Clasis Law to Clyde & Co where he has been made an Equity Partner and Harry Chawla, Senior Partner and member of the management committee at Amarchand Mangaldas moving to Kochhar & Co.
Retirement J. Sagar Associates saw the retirement of its founding partner, a decision that was made 10 years back. Jyoti has retired as an equity partner of his firm setting the stage for Berjis Desai. Jyoti will now be associated with the firm as a Chairman in a mentoring role. Wadia Ghandy also saw the departure of one of their Senior Partners, Djena Sunavala who left after working at the firm for 23 years. Promotions J. Sagar Associates, which saw the departure of their founder Jyoti Sagar earlier this year, has announced bumper promotions promoting 18 of its Senior Associates to the post of Retained Partner, while also making two of its Retained Partners (Vishnu Sudarsan and Varghese Thomas) Equity Partner Elect. Khaitan & Co has also seen some changes at the top, bringing in Morgan Stanleys Sudhir Bassi as the firms new Executive Director. Khaitan & Co also promoted 5 Principal Associates to Associate Partnership. In second place is Desai & Diwanji that saw 10 Associate Partners being promoted to Partnership. Anand and Anand has also seen a rise in the number of Partners, with 6 new partner promotions. New firms/Merger/Dissolution The initial months saw the establishment of V Chambers of Law by ex-AZB Partner, Vineetha MG in January this year. However a few weeks later, Vineetha merged her firm with Narasappa Dorawamy & Raja to form a new law firm, Samvad. This time period also saw the integration of practices of both Link Legal and India Law Services to form Link Legal - India Law Services.
The
first
two
months
of
this
year
saw
the
last
steps
in
the
dissolution
of
Alliance
Legal,
a
firm
co-founded
by
Vishnu
Jerome,
Ravi
Kumar
and
Priyanka
Roy.
While
Jerome
has
opened
up
the
Mumbai
office
of
Poovayya
&
Co,
Kumar
has
returned
to
Amarchand
Mangaldas
as
Senior
Consultant.
Roy,
on
the
other
hand,
has
joined
the
Mumbai
office
of
Indus
Law
where
she
is
an
Equity
Partner.
In
London,
Clasis
Law
co-founder
Shalini
Agarwal
left
the
firm
and
has
established
a
legal
consultancy
firm
In
Se
Legal
International
Firms
With
respect
to
international
law
firms,
Allen
&
Overy
promoted
Counsel
Gautam
Narasimhan
at
the
firms
Singapore
office,
to
Partnership,
and
Linklaters
made
its
Manaing
Associate
Savi
Hebbur,
a
Partner
at
the
London
office
in
the
last
week
of
April.
Firm
Anand and Anand Dhruv Anand Shrawan Chopra Madhu Rewari Revanta Mathur Sandhya Singh Swati Sharma Amarchand Mangaldas
Person
Movement
Promoted to Partnership Promoted to Partnership Promoted to Partnership Promoted to Partnership Promoted to Partnership Promoted to Partnership
Ravi Kumar (Founding Partner, Alliance Legal) Harry Chawla (Equity Partner)
Joins as Senior Consultant/Principal Associate Joins Kochhar & Co as Senior Partner & Managing
Firm
Allen & Overy
Person
Gautam Narasimhan (Counsel) Preeti Balwani (Senior Associate)
Movement
Partner, Mumbai Promoted to Partnership in Singapore office Leaves to join KS Partners as Salaried Partner
ALMT Legal
Promoted to Partnership Joins as Partner from Desai Diwanji Resigns to establish consultancy firm In Se Legal Leaves to join Clyde & Co as Equity Partner
Clasis Law
Firm
Clyde & Co
Person
Sidanth Rajagopal (Partner)
Amit Khansaheb (Partner) Aslam Ahmed (Associate Partner) Madhavan Srivatsan (Associate Partner) Rachna Jain (Associate Partner) Raghav Mathur (Associate Partner) Joebin Devassy (Associate Partner) Shyam Pandya (Associate Partner) Siddharth Mody (Associate Partner)
Movement
Joins as Equity Partner from Clasis Law
Leaves to join BMR Legal as a Partner Promoted to Partnership Promoted to Partnership Promoted to Partnership Promoted to Partnership Promoted to Partnership Promoted to Partnership Promoted to Partnership
Firm
Person
Ketaki Gor Mehta (Associate Partner) Natasha Treasurywala (Associate Partner) Aneesh Gupte (Associate Partner)
Movement
Promoted to Partnership Promoted to Partnership Promoted to Partnership
Tarun Gulati (Partner) Sanjay Notani (Partner) Neil Hildrith (Associate Partner) Team of 11 lawyers
Leaves to join PDS Legal Leaves to join PDS Legal Leaves to join PDS Legal Leaves to join PDS Legal
Fladgate LLP
Firm
HSA Advocates
Person
Mythily Katsaris (India Desk)
Movement
Promoted to Partnership
Salman Waris (Partner) Harvinder Singh (Partner Designate) Mohit D. Ram Rajesh Pathania
Leaves to join Seth Dua Promoted to Partnership Promoted to Associate Partner Promoted to Associate Partner
J. Sagar Associates Jyoti Sagar (Founding and Equity Partner) Retires; to act as Chairman
Firm
Person
Abeezar E Faizullabhoy (Equity Partner)
Vishnu Sudarsan (Retained Partner) Varghese Thomas (Retained Partner) Nandini Mehta (Partner at Vidhii Partners) Apoorva Misra (Senior Associate) Jyotika Khilnani Guha (Senior Associate) Mayank Mishra (Senior Associate) Nitin Kala (Senior Associate) Poonam Verma (Senior Associate) Akshay Nagpal (Senior Associate)
Movement
Leaves to join Power Projects Company Promoted to Equity Partner Elect Promoted to Equity Partner Elect Joins as Retained Partner Promoted to Retained Partner Promoted to Retained Partner Promoted to Retained Partner Promoted to Retained Partner
10
Firm
Person
Minu Dwivedi (Senior Associate) Nitesh Bhasin (Senior Associate) Pallavi Puri (Senior Associate) Mithun Thanks (Senior Associate) Jamshed Bhumgara (Senior Associate) Kavita Agarwal (Senior Associate) Rajesh Pal (Senior Associate) Arjun Perikal (Senior Associate) Probir Roy (Senior Associate) Seema Sukumar (Senior Associate) Malini Raju (Senior Associate)
Movement
Promoted to Retained Partner Promoted to Retained Partner Promoted to Retained Partner Promoted to Retained Partner Promoted to Retained Partner Promoted to Retained Partner Promoted to Retained Partner Promoted to Retained Partner
11
Firm
Person
Movement
Promoted to Retained Partner Promoted to Retained Partner Promoted to Retained Partner Promoted to Retained Partner Promoted to Retained Partner
Juris Corp Hufriz Wadia Joins as Partner (Chennai office) from Al Tamimi & Company Leaves to join Majmudar & Partners as Associate
12
Firm
KS Partners Preeti Balwani
Person
Movement
Partner
Joins as Salaried Partner from ALMT Khaitan & Co Joyjyoti Misra (Principal Associates) Prateek Kumar (Principal Associates) Susmit Pushar (Principal Associates) Adheesh Nargolkar (Principal Associates) Niren Patel (Principal Associates) Siddarth Shah Bijal Ajinkya Promoted to Associate Partner Promoted to Associate Partner Joins as Corporate and Promoted to Associate Partner Promoted to Associate Partner Promoted to Associate Partner
13
Firm
Sudhir Basi
Person
Movement
Funds Partner from Nishith Desai Joins as Tax and Funds Partner from Nishith Desai Joins as Executive Director from Morgan Stanley
Kochhar & Co
Leaves to join PDS Associates as Partner Joins as Partner from Amarchand Mangaldas Promoted to Partnership Promoted to Associate Partner Promoted to Associate
Linklaters Lexport
Savi Hebbur (Managing Associate) Mukesh Yadav (Senior Associate) Mukul Chandra (Senior Associate)
14
Firm
Majmudar & Partners
Person
Movement
Partner
Fraser M Alexander
M.V.Kini & Co Tavinder Sidhu (Principal Associate) Milbank, Tweed, Hadley & McCloy LLP Narasappa Dorasamy & Raja (now Samvad) Promoted to Partnership
Leaves firm
15
Firm
Person
Siddarth Shah (Funds Co-Head) Bijal Ajinkya (Tax Co-Head)
Movement
Leaves to join Khaitan & Co as a Partner Leaves to join Khaitan & Co as a Partner Moves to Rainmaker as CEO Joins as Partner from ELP Joins as Partner from ELP Joins from ELP
Tarun Gulati Sanjay Notani Neil Hildrith PDS Associates Bidan Chandran Poovayya & Co Vishnu Jerome (Co-founder at Alliance Legal)
16
Firm
Rainmaker Antony Alex
Person
Movement
Mumbai Office Joins as CEO from Pangea3 Moves to post of Founder and Chief Strategist Joins Seth Dua as Partner Leaves HSA Advocates to join as Partner Joins as Partner from Vaish Associates Leaves to join Dhir & Dhir Associates Leaves to join Dhir & Dhir Associates New firm established, merges to form Samvad
Nikhil Chandra (CEO) Seth Dua Associates VK Aggarwal (ex-officer CET, CGIT) Salman Waris (Partner, HSA Advocates) joins as Partner Gautam Chopra Rahul Goel (Partner) Anu Monga (Senior Asociate) V Chambers of Law Vineetha MG
17
Firm
Vaish Advocates
Person
Gautam Chopra (Principal Associate)
Movement
Leaves to join Seth Dua Associates Leaves to join JSA as Retained Partner Resigns
Vidhii Partners
Wadia Ghandy
18