Bharucha merges with (TMT) Arthe into 12-partner Delhi-Mumbai powerhouse • Bharucha co-founder Vivek Vashi goes indie

Bharucha & Partners is merging with Arthe Law, the Delhi-headquartered firm created by the joining of hands in April between Abhishek Malhotra-founded TMT Law Practice and DPSA Legal, the disputes practice of former additional advocate general DP Singh.

The merger will create a Mumbai-Delhi firm of 12 partners: MP Bharucha, Alka Bharucha, DP Singh, Abhishek Malhotra, Justin Bharucha, Vishnu Dutt, Vandana Pai, Arjun Anand, Deepak Biswas, Kaushik Moitra, Ajai Achuthan, and Sonam Gupta.

While MP Bharucha will be senior partner, it is understood that there will be no single managing partner or management committee in the merged firm that will operate under the Bharucha brand name and a single balance sheet from 1 November.

MP Bharucha commented in a statement that the two firms had been speaking for a while, adding: “In a short time, Arthe has built a very successful practice banking on the years spent by DP and Abhishek in their respective practices.”

NLSIU graduate and TMT founder Abhishek Malhotra said: “Justin and I went to Law School together and he, Alka and MP have known DP for a few years now. When the Arthe merger was announced, they were one of the first to congratulate us, and since then we have been working towards the merger.”

Alka Bharucha added: “This announcement is the precursor to our mission of client satisfaction, and other progressive and significant plans for both the near and distant future.”

Bharucha co-founder Vashi starts own firm

Also coinciding in time with the merger, Bharucha & Partners co-founding partner Vivek Vashi, who has been handling the majority of court-based litigation at Bharucha, will be starting a new firm focusing on litigation, arbitration, intellectual property, real estate and regulatory work.

Vashi commented in a statement: ‘“MP has been more than a mentor to me over the years. His teachings, ethics, integrity and wisdom will all hold me in good stead as I try and emulate all that he has achieved.”

MP Bharucha added: “Vivek has been a great support while we built B&P. When he moves on to build his own practice I am sure he will remain our friend.”

Cyril Amarchand Mangaldas had hired Bharucha Delhi litigation partner Kapil Arora in May 2015.

Bharucha Arthe: How will the new family work?

In respect of Bharucha being a family-firm, MP Bharucha said: “The presumption that B&P is a family firm is divorced from reality. The accident of family ties cannot distract from the fact that all partners are leaders in their individual fields. B&P has always been a true partnership firm, working collectively while respecting individuality. Apart from the clear practical advantages, from the firm management point of view, the Partners coming in only add one more vote each from like-minded lawyers.

DP Singh added: “MP, Alka and Justin are all exceptional lawyers in their own right. If the firm just had MP and us, I would be hounding him to bring in the others! Their technical competence is par excellence. On a personal front, I am happy to be a part of the family just as much as they are to be a part of mine. Professionally, all of us are clear that we are partners of a premier law firm. If Abhishek or I had any doubts about this, we would not be here right now.”

MP Bharucha explained that the firm has recently discussed and articluated a collective vision, “common beliefs” and “articles of faith”, in terms of how to manage and run a law firm.

Justin Bharucha said that the Delhi and Mumbai offices would take the aid of technology to integrate:

Prior to this merger our Delhi office was completely in sync with our Mumbai office as regards all processes and systems, including IT systems. A majority of our IT infrastructure is on our own secure servers. So essentially, I could be sitting in Paris or Pune, and still be in sync with all our offices. With defined policies and procedures, we ensure that all our offices are subject to the same discipline. The task now is to instil in all our lawyers the one-firm concept. We believe in our lawyers and look forward to their helping the partners to actualise and implement the shared vision.

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Comments

Wtf 16 Oct 2017, 12:11
+16 -12
Disaster!
Q3 16 Oct 2017, 12:13
+8 -3
all i've heard about Bharucha & Partners,Mumbai before this is that fresh Associates are paid 70k per month, this was a few years back. Do not know the situation now.
Guest 16 Oct 2017, 12:28
+18 -12
Beginning of an end. As much as MP denies it..Bharucha's has essentially is a family law firm [...] How they will assimilate into another law firm is worth a watch!! Alka is the only person who may be able to adapt and adjust
Huang 19 Oct 2017, 12:54
+0 -1
Abhishek is no ones fool. If this is the firm he's chosen from amongst all the tier 1's that were after him, he must have got a sweet deal.
Wtf 24 Oct 2017, 08:10
+5 -0
Tier 1, really?
Wow! 16 Oct 2017, 13:11
+8 -2
This I want to know more about! Sounds extremely intriguing. I want to see how things will be between Abhishek and Justin.
Guest 16 Oct 2017, 13:15
+15 -10
Hahahaha..poor TMT...why are they doing this to themselves
Wattenews 16 Oct 2017, 13:17
+4 -3
seems like biggish! How many equity partners?
Tragedy struck 16 Oct 2017, 13:37
+26 -10
I think everyone realises that this really bad news for Bharuchas who could, in the end, only get Aarthe to merge with. It only shows the fading brand and standing of the Bharuchas in the market. Unfortunately, the Bharuchas could never grow beyond the family, except for the one Vivek Vashi - the true gem in that firm - who too has finally given up. After all these years that Vivek has loyally been with MP, Mr Bharucha had only one line to say for Vivek - that he has been a great 'support' in setting up B&P - which, in a way, summarises the way Bharuchas are. When you have 5 Bharuchas in the firm who own and run it, it's time to smell the coffee and no shame in admitting that it's a family run firm. Finally, the journey of a few lawyers who had left Amarchand, as it then was, with lot of promise and hope has come to an end; and ALL the lawyers in that founding group have left (except for the Bharuchas and the lone Vishnu Dutt). All the best to Arthe.
Sachi 19 Oct 2017, 07:11
+5 -5
You're clearly someone from the inside. If you know all this, then you would also know what the gem was doing and why no other firm will touch him now!
Family affair 17 Oct 2017, 01:03
+23 -6
Obviously it's no co-incidence that the only non-family co-founder chose to leave?! The Shroffs are, at least, forthright in stating that they are a family firm with several outstanding independent professsionals. There are more Bharuchas (5 to be precise) in a much smaller firm as B&P (about 35), than there are Shroffs in a much bigger SAM or CAM (500+). So, why this smokescreen and pretense? Both TMT and Arthe had good neutral names. They will soon realize that they should not have surrendered their neutral identity to a family name. They should have either held on to their neutral identity or gone for an altogether neutral name for the new merged entity. In the end, there's lot in the name..
Doppelganger 20 Oct 2017, 06:13
+2 -5
Tragedy Struck & Family Affair, why use two different screen names, when you are clearly the same person? I see this as a trend on a lot of posts here on LI. Changing 'Finally' to 'In the end' doesn't take away from your style of writing. Next time, try and get someone else to post for you and your posts may just sound authentically different from yourself.
#Insider 17 Oct 2017, 04:12
+2 -4
The real reason for the split is something (someone) else.
Tier 1 17 Oct 2017, 05:27
+11 -5
Just a few comments and it's already seeming like they are a tier 1 firm. So much hatred is usually only reserved for the CAMs and SAMs of our little world. :)
CourtClerk 17 Oct 2017, 05:46
+10 -1
B&P Delhi just got 'Lit' up!
Suits away 17 Oct 2017, 06:20
+11 -1
I hear that DP Singh is one of the most expensive non-senior counsel and Abhishek is also an active arguing counsel in Delhi. Wasnt BnP a solicitor firm. How will that work???
Silence of the Lambs 17 Oct 2017, 06:08
+12 -1
If this firm makes anything of itself it will be because of Malhotra. He will do 100 things, of which 20 will fall in place and make up for the other 80. The Bharuchas are lucky to have got him in this deal.
Hahahah 17 Oct 2017, 07:02
+3 -0
Hahahahahahahahahhahahah
Big Ben 19 Oct 2017, 05:04
+6 -1
Mark my words, this is the beginning of their tie up with phoren phirm. News in the market is that atleast 2 are being spoken to in detail.
Intern 19 Oct 2017, 07:28
+4 -1
I interned at Arthe and it's no secret that they have had foreigners visit them all the time. No other reason to have that much space for just 30 people. We used to play full length cricket... indoors! Now with B&P, it all seems to fit in.
Lexpert 20 Oct 2017, 06:46
+3 -2
I agree - this seems to be a pre-acquisition restructuring.. Could it be Freshfields? If yes, you will soon see Platinum & B&P merging with Karam taking over the reins of the Delhi office from Abhishek.. Perhaps that's why Nihar left? Didn't want to report to MP/ Alka, I'm guessing..
Guest 24 Oct 2017, 06:00
+1 -2
byt tell me something has ayesha also become a partner? is it seriously 5 bharucha partners?
Guest 30 Oct 2017, 06:57
+0 -0
How many people are leaving Bharucha?