Ex-Luthra partner Madhu Mukherjee helps IDIA scale up, teaches, mulls ‘strategic’ move in no hurry

Mukherjee: Coming up with new IDIAs
Mukherjee: Coming up with new IDIAs
Former Luthra & Luthra capital markets head Madhurima Mukherjee has been assisting the Increasing Diversity by Increasing Access (IDIA) legal education NGO in formalising and scaling up operations since she quit the law firm five months ago.

“To make IDIA an institution, we have to take the focus away from individuals and highlight the fundamentals of what the movement has to offer,” Mukherjee said about the three-year-old initiative to fund the legal education of financially less privileged school children who are often from marginalised societies. The project was founded by fellow NLSIU Bangalore alum Shamnad Basheer.

“We thought let’s try to make it easier for people to understand this movement, to volunteer and to contribute,” she commented adding: “If any of the larger organisations or donors want to associate with [IDIA] they need to see something that is transparent, accountable, ethical and basically a professionally run setup.”

Mukherjee has been involved with IDIA as a non-trustee with the designation of “chief mentor” to guide the scaling up of the project. She is overseeing IDIA’s funding, awareness programmes and is attempting to “formalise its structure” and “bridge the gap between the profession and IDIA”, she explained.

“The first few years have been the hardest test for Shamnad and the team. Now that the track record has been established (with some Indian firms and foreign firms like Herbert Smith and OMM engaging with us) we are trying to corporatise [IDIA]. We are also trying to get a professional management in place.

“We have student volunteers from every law school, we also have team leaders and executive directors who oversee operations. One of the things we have decided is a need to hire a chief executive officer, who is going to be head of operations and will be in management on a day to day basis. All the directors will report to that person.”

She told Legally India that apart from supervising IDIA’s entire legal documentation, she has been raising awareness and reaching out to NLS alumni and donors for corporate funding. “While we have received positive response from the legal community but till date our biggest donors have been individuals who trust the cause and have personal faith in Shamnad or Shishira [Rudrappa] or me. Now we are reaching out in a big way to law firms, corporates and institutions.

“There are many in the profession who want to give back. It is just a question of making the connect in an organised manner.”

Mukherjee said that she was working on IDIA full time until she was “back in the profession” after which she would continue on an advisory basis. She is currently also taking a seminar course on securities law at NUJS Kolkata and will take visiting courses at NLU Delhi and JGLS Sonepat after NUJS.

“I am absolutely in no rush to get back [to get a job] because the next move has to be strategic and has to make sense. I have reached a place in my career where my corporate relationships and reputation can contribute to growing business beyond capital market work. But walking away from something you have built is the hardest thing in the world. I am clear that if I have to invest in something meaningful, it should stay with me for (hopefully) the rest of my working life. I am currently engaged with the law and the markets are not going anywhere,” she commented.

Comments

Dazed and Confused 30 Jan 2014, 01:21
+51 -11
We are all so fortunate that ma'am has taken time out from enrichment courses and fashion shoots to help the little people, the less fortunate among us, who lack high heels and the time to repose before water bodies as they study for the CLAT. I for one was glad to turn from news of Karl Slym 's death and Kejriwal's antics to contemplate just what strategic magic this remarkable lawyer has in store for our benighted profession.
Indian Lawyer 30 Jan 2014, 06:31
+14 -0
Can I marry you?
Guest 30 Jan 2014, 08:03
+8 -1
[quote name="Indian Lawyer"]Can I marry you?[/quote]
[quote name="Indian Lawyer"]Can I marry you?[/quote]
Tough luck dude. She is already married to Gautam Saha from AZB.
kianganz 30 Jan 2014, 08:13
+14 -0
I think, though am not sure, Indian lawyer wants to marry dear Dazed & Confused.

Couldn't see that one last though, with all that cynicism ;)
Indian Lawyer 30 Jan 2014, 10:22
+8 -0
yes D&C (not M) is mine, its called true love...
Dazed and Confused 30 Jan 2014, 14:57
+6 -0
I'd be honoured, but my spouse may object. Would a coffee and a cuddle suffice?
Anon 30 Jan 2014, 09:38
+5 -4
Dear Dazed,

Your comment is sickening, and stinks of sarcasm.

Dear Kian,

Arent you supposed to moderate crap ?
kianganz 30 Jan 2014, 09:50
+19 -0
Sarcasm we don't usually moderate, crap we sometimes moderate, and Dazed and Confused's crap is usually in a special category of its own... Don't think it is meant to be or deserves being taken too seriously, in any case... :)
Anon 30 Jan 2014, 15:50
+3 -2
Kian I disagree. When u make a forum available, you have to ensure that it is used in a responsible manner. my problem is not with sarcasm, wry humour or wit (though no real wit can be found on LI). My problem is with sexist remarks, and personal remarks. i think as a responsible legal journalist, you ought to moderate comments such as 1.1 (irrespective of how fond you personally may be, of D&C's comments). Same thing happened when there were articles on Nivedita, and Madhu leaving L&L. Comments became extremely loose, and personal/ sexist in nature. You ought to moderate those. we expect that from you - and its really upto you whether you want to provide a good and respectable forum, or something that looks like a local sewer.

thanks,

p.s felt bad abt the sewer comment ??? that's how it feels to so pls dont do it !
kianganz 30 Jan 2014, 16:06
+6 -0
It's ok, I don't feel that bad if you call the comments section a sewer. :)

And I think in the bigger picture, D&C was more obnoxious than sexist in this case...

In any case, I believe Ms Mukherjee has a good sense of humour and doesn't mind some of this nonsense too much, within reasonable limits. :)
Dazed and Confused 30 Jan 2014, 17:03
+12 -5
I don't normally bother with trolls, but you warrant special treatment for your apparent sincerity.

First, a professional woman who presents herself draped along a lakeside branch, positioned in a distinctly non-professional pose, invites comment on the appropriateness of her message. See, Valerie Plame, Marissa Mayaer or Huma Abedin on their Vantity Fair spreads.

Second, her blatant marketing message, pitched along side her work with IDIA, invites discourse on the sincerity of her involvement with IDIA.

Finally, my two-sentence puncturing of her [...] self-promotion was studiously bereft of any gratuitous gender references.

There is little question that a professional who leaves her glasses, sports a skirt and poses languorously in her heels astride a branch is not conveying her opinion of put-call options and PIPE regulation.

You may recall that Ms. Mukherjee, or her agency, originally sent the water-nymph photo to Kian.
Also Dazed 30 Jan 2014, 19:55
+3 -3
Well said, DC.

Look at this page for a hilarious read of just how much effort Ms Mukherjee put into a "photo shoot""

http://blogs.intoday.in/businesstoday/most-powerful-women-india-business-madhurima-mukherjee-clicked-63062.html

Hope she puts in similar effort into IDIA, at least for the bit that she IS in IDIA
kianganz 31 Jan 2014, 05:39
+8 -1
Dazed and Dazed admirers, this thread is dripping so heavily with sarcasm, I can't quite tell whether you're serious or not, but that photoshoot blog 'Also Dazed' turned up is genuinely hilarious!

But if you're not being sarcastic, you are being a bit of a douche (with all due respect, etc) - as you no doubt know, at photoshoots for magazines subjects are generally requested to pose awkwardly, so that they don't just turn out another 'lawyer sitting behind desk' shot (as the blog makes quite clear, and the duck shot too - I'd always thought they were geese!).

And I think that if you're rubbishing someone's message or work because of a 'water-nymph' photo, in original Dazed & Confused's words, which incidentally was shot by and published in a business magazine, then you possibly don't have much of a sense of humour, or are just incredibly old fashioned about how you'd like your 'professionals' to look and behave (sitting somberly behind a desk, I assume).

And one of your critics up above may be right, that in some insidious way, how you want your professionals to behave (particularly female ones), can actually be an insidious and subtle case of sexism too, even if you claim that you'd also take the case of a man in heels reclining on a log.

I should also note that normally we censor nearly all comments related to people's photographs, but I know that Ms Mukherjee is a good sport about comments and it's all for a good cause (IDIA, in case it's been forgotten).

That said, please don't be an ass about it!

Best wishes,
Kian
Dazed and Confused 31 Jan 2014, 07:04
+1 -1
Gosh, I don't see how deconstructing the photo shoot and contrasting it with IDIA's mission is sexist at all.

I cited the Vanity Fair photo shoots with Valerie Plame (spy), Marissa Meyer(tech goddess) and Huma Abedin (political operative) as instances where the contrast between the seriousness of the participant's professional pursuits and the nature of the photograph was widely discussed.

Additionally, Ms. Mukherjee's posed photograph and open musing on her professional future can be seen as a savvy business strategy to transition from her successful but relatively pedestrian corporate law practice into something more public. I personally find that interesting from a business standpoint and more than worthy of discussion. That's something new in the profession, at least in India.

Taking her seriously as a business person and professional means asking - Hey! What's with the heels and the log?

In contrast, if I was being gratuitous, I would have admired the batakh she posed with at the pond, and asked if the log photo signaled a new interest in wood.

(Prachi, please help Kian with the Hindi. Kian, do not explain the wood reference to Prachi.)
kianganz 31 Jan 2014, 08:56
+2 -0
Just because Plame, Marissa and Huma's photographs were widely discussed in the media and public, doesn't necessarily mean that the discussion wasn't evidence of sexism in the media...
Dazed and Confused 31 Jan 2014, 09:55
+1 -0
That's very true. But consensus emerged that, at minimum, their actions became open to fair comment, and wearing a dress didn't entitle them to protection any more than it warranted per se derision.

There are many ways for biz folks to look buffoonish or otherwise undercut their professional image when trying to play against type.

It's valid to discuss whether the photo Ms. Mukherjee sent affects her image, and if it signals a new business strategy for her. We're not running her photo on "Hot or Not."
kianganz 31 Jan 2014, 10:00
+0 -0
Nice try, but I think reading business strategy into this seems a bit far fetched...

Trust me, it's not easy for many lawyers to pick a photo that they're happy with for publication, which isn't too boring and/or unflattering. And that's going to particularly be the case if their photos are pored over with a critical image-consultant's eye by you and yours :)
Dazed and Confused 31 Jan 2014, 18:00
+1 -0
I just read your post more carefully, and can now appreciate the extreme drollness of accusing someone of both sexism and of being a "douche."

Dry, very dry!
Dazed and Confused 31 Jan 2014, 05:46
+2 -0
Terrific research, Also Dazed. Missed that part of the story.

Now that she's one of the 30 Most Powerful Women in business she seems to be following a [u]Lean In [/u] strategy.

The Serious-Woman Glamour Shoot is a right of passage, along with visibly Giving Back, pursued by many professional women with a taste for greater power and renown. Watch for the Supporting the Arts, Mentor to Young Women and Female Voice on the Corporate Board stories that will follow in good time.

Twenty bucks and a Gold Flake at the chaiwalla downstairs says that she announces a couple of board appointments by April.
Also Dazed 31 Jan 2014, 12:49
+0 -1
[quote name="Dazed and Confused"]Terrific research, Also Dazed. Missed that part of the story.

Now that she's one of the 30 Most Powerful Women in business she seems to be following a [u]Lean In [/u] strategy.

The Serious-Woman Glamour Shoot is a right of passage, along with visibly Giving Back, pursued by many professional women with a taste for greater power and renown. Watch for the Supporting the Arts, Mentor to Young Women and Female Voice on the Corporate Board stories that will follow in good time.

Twenty bucks and a Gold Flake at the chaiwalla downstairs says that she announces a couple of board appointments by April.[/quote]

I think June is a better bet. An arboreal photo can only take you so far.
Guest 31 Jan 2014, 05:49
+0 -0
I completely agree with your view. I don't think it is sexist by any stretch.

N.B: your drafting skills are excellent.
seriously! 31 Jan 2014, 12:22
+4 -0
[quote name="Dazed and Confused"]
There is little question that a professional who leaves her glasses, sports a skirt and poses languorously in her heels astride a branch is not conveying her opinion of put-call options and PIPE regulation.
[/quote]

errr... so skirts, heels and no glasses disqualifies one from offering legal advice now? you are truly bizzare. Kian, so are you for patronising this.
Not done! 30 Jan 2014, 16:04
+7 -2
[quote name="kianganz"]Sarcasm we don't usually moderate, crap we sometimes moderate, and Dazed and Confused's crap is usually in a special category of its own... Don't think it is meant to be or deserves being taken too seriously, in any case... :)[/quote]


Well in that case, I would argue otherwise and say that if you are well aware that the comment lacks value and lacks merit, then it would be 'unethical' on your part as a moderator to still permit it to be published.

Its a personal attack on Madhurima and belittles her amazing initiate. I am not at all suggesting that you stop permitting comments to be published in cases where the subject has been criticised. Well a sensible person wouldn't mind constructive criticism but this is just a personal attack on someone which has no relation to the article. I get that it's your website and you are free to devise your own moderation policies, but in my opinion this reeks of unprofessionalism and is indicative of your [i]desperate[/i] urge to increase LI's readership.
Anon 1 Feb 2014, 11:58
+1 -0
absolutely. Kian will need to understand and go thru the quantity vs quality paradigm. he'll get the numbers for his websites, but anyone with basic sense of ethics or professionalism will just stay away from LI. kian its a call between short term gain (that is long term loss) and short term loss (that is long term gain).
when LI started, i was very thrilled, as it meant more information flow in the legal market which is always a good thing. but over the years, its gone from unpleasant to sickening. it doesnt matter if a know or dont know the person who is being talked abt. just the tenor of the comments is putting off. clearly, barandbench and now legal era is a much better alternative.
p.s now just waiting to see if kian publishes this :)
Anindita Phukan 30 Jan 2014, 05:10
+15 -3
Great Madhurima! Wish you all the very best.
Sponsored! 30 Jan 2014, 05:20
+3 -4
Sir, is there a news here? Would you say this is editorial or advertorial?
kianganz 30 Jan 2014, 08:34
+4 -1
(Here's a tip: If in doubt on LI, it's editorial; and unless it says 'sponsored' or some such, it's also editorial :)
Pic 30 Jan 2014, 11:22
+13 -0
Why did you change the pic which nicely suited the article and suggested that a lawyer was into fresh and innovative ideas? Now it looks like a story on a boring law firm partner.
Charity with clarity 30 Jan 2014, 06:22
+33 -10
IDIA is moving away from individuals -- and doing a cover story on madhurima? Ironic. Let's not detract from a charitable cause by highlighting someone who chooses to be involved temporarily for 6 months in between jobs .
IDIA is a movement and if you see IDIA's advisory board has stalwarts including partners from the top 5 firms who maintain their jobs, careers and give silently. This is the worst way to capitalise and try to get into the job market by emphasising madhurima can bring in clients beyond just capital markets if someone opts to give her a job. IDIA will always be associated with shamnad sir - he doesn't need this level of publicity even though he also is between jobs. He is truly committed to making a difference.
Score card 30 Jan 2014, 06:48
+8 -8
Well said! so far it seems this gimmick is back-firing.
? 30 Jan 2014, 06:24
+4 -0
Where do you get these pictures from?
Scooter 30 Jan 2014, 06:38
+0 -0
Do you even take permission to use these personal pictures? Im sure you have'nt got it from any business pitch or her CV
kianganz 30 Jan 2014, 06:43
+5 -0
Yes, it was a photo sent to us by Ms Mukherjee. I believe it was a photo taken in a magazine shoot or so for India Today or something...
Scooter 30 Jan 2014, 08:03
+0 -0
its fine then, I guess.
kianganz 30 Jan 2014, 09:39
+3 -0
Afraid we've changed the photo - have looked into copyrights and the like, and India Today probably holds the copyright, hence would be more proper to use another file photo.

For others' reference, this is where the photo was from:
http://businesstoday.intoday.in/story/most-powerful-businesswomen-in-india-madhurima-mukherjee/1/198072.html
kianganz 30 Jan 2014, 07:48
+14 -1
For the avoidance of doubt, in my view:

1. Reporting on IDIA is interesting and worthwhile in its own right, usually.

2. Reporting that a well known partner is choosing to spend their time on a project such as IDIA after leaving her last job is interesting.

3. A lot of people are interested and speculating in what this specific partner is up to, where she's joining etc.

4. That's why we originally got in touch with her a few months ago to request an interview and that's why we asked questions about what she's up to and what her plans are.

5. As far as I know, Shamnad Basheer is fully behind Ms Mukherjee involvement and role and has in fact been trying to make IDIA less dependent on his involvement so it can grow more in future ..
Hope that clears things up a bit, even if that undercuts the sniping somewhat :)
Not done! 30 Jan 2014, 16:05
+0 -0
[quote name="kianganz"] "For the avoidance of doubt, in my view"- HAHAHAHAH! are you kidding me??
In Fairness 30 Jan 2014, 08:21
+10 -2
What Madhurima is doing is commendable. But not different from what other lawyers do without making a song and dance about it. On#5: Quote
5. As far as I know, Shamnad Basheer is fully behind Ms Mukherjee involvement and role and has in fact been trying to make IDIA less dependent on his involvement so it can grow more in future ..
Hope that clears things up a bit, even if that undercuts the sniping somewhat :)

.......not sniping, but what she will do is temporary. Shamnad is pemanently affiliated to IDIA. So there is no comparison.

What would be more useful as IDIA's chief designated fund raiser is to have spoken about IDIA and what change it brings and asked people interested to contribute or volunteer. Please provide IDIA sponsorship links so at least people who want to can contribute. Make this positive. And about IDIA. Unless it is Madhurima which is the focus. Which is also fine but then dont give it a slant of how she divides her time between colleges, IDIA and strategising about her next move.
kianganz 30 Jan 2014, 08:31
+8 -0
Can't it be both IDIA and Ms Mukherjee, seeing as both topics are clearly of interest to at least a few readers?

Also, I think it is different from what other lawyers do, in that she's the first senior partner-level non-trustee who's pretty much been working on it full-time for a while, even if temporary.

Think about whether many other NGOs in India could rope in someone of the seniority of a former law firm partner to dedicate their time, which used to get billed at several hundred dollars an hour, to growing the organisation.

Sounds like something most NGOs would be keen to make at least a little song and dance about, no?
bear hugs 30 Jan 2014, 08:53
+19 -8
"But walking away from something you have built is the hardest thing in the world." Why walk away when it is so hard- and when you are clearly without a plan. As even IDIA is a filler (there's a quote somewhere that says when she moves on she will continue to be an advisor). Talk about IDIA, talk about rights for the disabled- don't use this forum to pitch your Rodolex for the next job.
Guest 30 Jan 2014, 11:10
+1 -0
"Rolodex"
Guest 30 Jan 2014, 08:57
+9 -11
It is very heartening to see her involvement in IDIA - Indian lawyers have rarely taken time out to do anything full time apart from making money. The attitude of (most) partners to pro-bono activities is pathetic and one can even hear them saying things like, "why should we do it - clients don't expect it!" In that context, this is indeed great news and reporting.
Kingfisher Calendar 30 Jan 2014, 09:13
+6 -3
A fantastic lawyer and an excellent human being et al et al et al..Now I really want to meet the creative brain behind that photo shoot
Guest 30 Jan 2014, 09:28
+7 -4
9-Guest- this is great reporting yes, but just because pro bono by lawyers does not get reported does not mean any one who's passing pro bono gets reported is anything special. Pl read the article- it clearly indicates she is a passenger here, and will make a "strategic move" soon, and she doesn't spare a reference to her business contacts. In a forum like LI, she could have been more judicious and used the limited e-print to spread awareness of disabled rights.
xyz 30 Jan 2014, 09:48
+11 -8
Did you just change the photo??!! To Guest9, google IDIA's board of advisors. I can count 3 partners from AZB, 3 from AMSS, 2 from Trilegal, 1 from Luthra, Wadia Gandhy, Khaitan, JSA and Poovaiya. That's 12 partners who are "Indian lawyers taking the time to do things other than make money". Please dont generalise and run down the legal community.
kianganz 30 Jan 2014, 09:52
+0 -0
Yes, we changed the photo - see thread in #5.1.1... above...
Kingfisher Calendar 30 Jan 2014, 11:08
+1 -0
And Kian Ganz took THIS photo so that the photographer can't sue you?
Guest 30 Jan 2014, 12:00
+6 -10
[quote name="xyz"]Did you just change the photo??!! To Guest9, google IDIA's board of advisors. I can count 3 partners from AZB, 3 from AMSS, 2 from Trilegal, 1 from Luthra, Wadia Gandhy, Khaitan, JSA and Poovaiya. That's 12 partners who are "Indian lawyers taking the time to do things other than make money". Please dont generalise and run down the legal community.[/quote]
Advisors land up once a year (at the most) for meetings and do nothing else - Madhurima is actually running the IDIA Program on a daily basis now!
rollaj 30 Jan 2014, 10:25
+3 -6
Legallyindia serves as the bellwether of law firms in India. The number of comments on legallyindia is inversely proportional to the number of billing hours.

You guys have no deals or what? Obviously none of the people commenting here will not achieve anything significant in their lives. All the naysayers out there must ask themselves how long (if at all) it would take them to become an associate partner in a small firm - let alone equity partner in a big firm.

May be this bunch does not want to become equity partners. May be they are just happy passing snide remarks on legallyindia at people who achieved everything they set out to.
Kingfisher Calendar 30 Jan 2014, 11:47
+7 -0
What about people who comment about other people's comments?
Guest 30 Jan 2014, 11:17
+1 -7
13-"it would take them to become an associate partner in a small firm - let alone equity partner in a big firm." ironic you say that as madhurima did not make equity at luthra till her end there. anyway, let's take a moment and think about IDIA and what we can individually do to help the cause.
rollaj 30 Jan 2014, 12:05
+1 -0
Does it really matter WHEN she became an equity partner, you think?

But you're right. IDIA should be the focus.
Humanitarian 30 Jan 2014, 11:56
+3 -2
Come on D&C! Your "fashion shoots" comment is soo not cool! I mean really! why cant you look beyond the high heels, to identify and perhaps associate with the cause that she is supporting? I think the people making such comments- (obsessed with the designer brands and price tags) cannot even think of donating a quarter a day's shopping bill to any social cause, leave alone being actively associated with any non-profit organization!
Correct 30 Jan 2014, 12:03
+10 -8
"Former Luthra & Luthra capital markets head Madhurima Mukherjee"

Kian- Madhurima has a separate and distinct identity that what you have shown her to be... Please do not dilute her identify by continuing to identify her as a "Former Luthra & Luthra capital markets head...." it does not do justice to her brilliance!
for avoidance of doubt 30 Jan 2014, 17:29
+10 -4
It is interesting to see how senior lawyers are trying to give back even if it is for 6 months or 6 years. even if this makes one person a difference its more than what all the people put together commenting in legally india can achieve. if she can do that with high heels on, even better! clearly she knows how to balance. kian, looks like you said this article was about her and IDIA and what else she is doing...so either all these detractors have some personal problems with her or they just like to bitch!
IDIAN 30 Jan 2014, 18:22
+17 -9
As someone who has been working with IDIA for quite some time and who has been fortunate enough to interact closely with both Shamnad and Madhurima, I am honestly puzzled by most of the comments above. I think it has already been pointed out that her becoming a part of the movement has Shamnad's blessings, so ridiculous thoughts like that of stealing thunders should hopefully be quietened by that. Also, in the short time since she has been a part of IDIA, she has tried her best to interact with scholars, volunteers and leaders of the movement and made an honest effort to change things for the better. Even if her commitment to the cause is only temporary (an aspersion that I do not believe), isn't it much, much better than commenting from the sidelines without doing anything? Because I know a lot of people from within or outside the legal fraternity who tend to do exactly that. Kudos to Shamnad for having the insight to bring her in, I say! And I'm sure the IDIAns Madhurima has already met would agree with me.
Dazed and Confused 31 Jan 2014, 13:50
+5 -6
This was much more fun when Ms. Mukherjee's water-nymph photo was up....now it just looks catty.

Perhaps Ms. Mukherjee can recruit senior counsel to pose similarly for a fundraising calendar for IDIA, like the film [u]Calendar Girls[/u] (http://goo.gl/7PwTx) or the Warwick Rowers (http://goo.gl/FzHupa).
Guest 1 Feb 2014, 12:34
+7 -5
I think she's being honest and she's doing something meaningful - kudos to her and best wishes for her future!!
Perspective 3 Feb 2014, 18:00
+9 -0
My lawyer friend wants to take a strategic break. Go on a trek to Ladakh, volunteer at Red Cross and take 3 hour lunch breaks. Please cover his break details too. His favourite colour is blue and he loves pasta. Much obliged.