Trilegal counsel Rachika Sahay joins oil & gas services giant Weatherford as India legal head

Rachika Sahay
Rachika Sahay
Trilegal counsel Rachika Sahay has joined global oil and gas services company Weatherford as its sole legal counsel in India.

Rachika Sahay: Moving in-house
Rachika Sahay: Moving in-house

Trilegal counsel Rachika A Sahay has joined global oil and gas services company Weatherford as its sole legal counsel in India.

Sahay had been at Trilegal since graduating from NLIU Bhopal in 2005, followed by a Master’s degree at the London School of Economics in 2007, and specialised in corporate and projects, infrastructure and energy at the firm.

Earlier this month she has now joined Weatherford International’s in India as its legal head.

She said: “It was a very good opportunity and the idea would be to focus on one practice area, and I had been doing some oil and gas matters at Trilegal.”

Her role would involve negotiating oil and gas-related agreements and working with the internal compliance and other functions, as well as handling internal legal needs of the company.

Trilegal co-founding partner Akshay Jaitly commented: “Rachika was a great colleague while she was with us and very easy to work with. I’m sure she will be an excellent addition to the Weatherford team.

“We in fact advised Weatherford together a few years ago so I look forward to having the opportunity of working together again in a new context.”

Comments

Guest 8 May 2014, 11:15
+4 -2
Congrats Rachika. Good move!
Old timer 8 May 2014, 11:43
+1 -1
All the best. Congrats.
AZN 8 May 2014, 12:16
+6 -1
Congrats RZA!
Guest 9 May 2014, 19:04
+2 -1
Time to bid for work...
anon 8 May 2014, 12:17
+12 -2
another counsel departure from Trilegal - quite a few in recent past.
Observer 9 May 2014, 05:31
+6 -10
The question you ask is are you losing guys that you really wanted to keep? And if you want to be a high quality firm, you will face attrition.
Re Observer 9 May 2014, 07:13
+5 -2
From Akshay's comment it does not look like they wanted her to leave. Also, it a sad reflection on a firm if your PA/counsels are not people you would want to retain.
Anon 9 May 2014, 11:18
+1 -2
She was an M&A lawyer for the last few years. The volume of M&A work in Trilegal has gone down since the A&O split and that's now beginning show in senior level departures.
Anon 9 May 2014, 11:25
+1 -1
As far as I know Rachika did a mix of projects and corporate work. The departures are all from non-corporate divisions - mainly Projects, and a few from Litigation/Regulatory.
Anon 9 May 2014, 11:14
+5 -4
That's a very arrogant comment. Truth is that Rachika was a very good lawyer and its Trilegal's failure that they are unable to retain top talent.
Anon 9 May 2014, 11:31
+8 -0
I don’t think the people who have the Delhi office were bad or not partnership material – Dinesh, Avijeet Lala, Rahul Singh, Rachika, Avirup, Shruti, Nishant are good lawyers and are very commercial in their approach.
Anon 9 May 2014, 12:14
+2 -0
And these were all 6-9 year category - which is the usually what law firms usually lack. Quite a hit.
Anon 9 May 2014, 12:36
+0 -0
They can open a firm:-)
Anon 9 May 2014, 13:22
+6 -0
Or join Pheonix - why reinvent the wheel.
Anon 9 May 2014, 13:22
+32 -1
the new firm can be called TriedLegal
Jungle 9 May 2014, 22:08
+5 -0
[quote name="Anon"]the new firm can be called TriedLegal[/quote]

Tired-Legal??
Humpty Dumpty..bt after Humpty 12 May 2014, 09:31
+2 -6
Avirup and Nishant were very good people..so was Rachika... very bad for Trilegal to lose them...
Some of the other names are definately not fit to be partner... having seen their work, i wouldn't trust my grandmother to them..
Good going 8 May 2014, 12:31
+2 -0
Congrats Rachika
Guest 8 May 2014, 15:36
+10 -2
Nice on Akshay's part to comment, rather than decline. I heard another Counsel left immediately after getting promoted for TATA Power?
Anon 9 May 2014, 05:13
+9 -2
Avirup also left not too long back. And both Rachika and Avirup are very good lawyers. Quite a loss to Trilegal. Very high attrition in Charandeep's team.
dharti 9 May 2014, 07:07
+8 -2
But have no fear because prithvi is here!!
Anon 9 May 2014, 11:58
+7 -0
So did Shruti Sahu - also a big loss
Sirji 9 May 2014, 07:40
+3 -0
What an idea - get 6-7 good years out of your counsels, then send them to your clients as in-house counsels - you have a connection at the clients legal team and don't have to make them partners:-)
@ Guest 13 May 2014, 07:01
+1 -0
Obviously Akshay would rather comment than decline - he needs her business.
Tagore 9 May 2014, 06:50
+3 -0
Although my association with Rachika was too short but I can say without hesitation that this change is a big blow to Trilegal and great value addition to Weatherford International.
All the best Rachika…
aksheemahi 9 May 2014, 07:35
+0 -0
well done rachika mam.
aksheemahi 9 May 2014, 07:41
+2 -0
I'm a 14 years old school student from tamilnadu.I'm studing 10th standard nowand my aim is to be a lawer. since I had no perfect guidance,I can't move my step further.by serching I got this website especially for lawers.
please guide me mam....
Bernard Fallon 9 May 2014, 08:17
+5 -0
[quote name="aksheemahi"]I'm a 14 years old school student from tamilnadu.I'm studing 10th standard nowand my aim is to be a lawer. since I had no perfect guidance,I can't move my step further.by serching I got this website especially for lawers.
please guide me mam....[/quote]

No offence at all to the kid's ambition, but this comment got published in this thread despite LI's review? What next, Kian, some sales pitch for boxer shorts?
kianganz 9 May 2014, 08:31
+4 -1
'The kid' created an account on Legally India so the comment is not subject to our moderation. I mean, the comment is off topic, but it's not hurting anyone, is it?
PSK 10 May 2014, 04:44
+1 -0
Certainly not hurting and it is an interesting approach by the 'kid'. Why should it be discouraged...
aksheemahi 9 May 2014, 07:43
+2 -0
please reply me and my mail ID is
Associate 9 May 2014, 13:22
+2 -1
[quote name="aksheemahi"]please reply me and my mail ID is [/quote]

Kid. She won't reply to you. Ever.
@ aksheemahi 13 May 2014, 07:10
+3 -2
If you want to be a lawyer, you should take the Common Law Admission Test (aka CLAT), and try to get into one of the top 5 national law universities. To prepare for CLAT, you should start in Class 11. You can Google CLAT and find out more. The official site is clat.ac.in.

[b]@ 9.1/Bernard Fallon and 10.1/Associate: [/b]You guys are @$$hol€$, plain and simple. You have only grown in age and acquired a degree, but have no real sense or education – why discourage a kid or make comments that have the tendency to break the heart of one? Don’t say you are showing the kid the “real world” which is full of @$$hol€$ like you two.
Howzaat 13 May 2014, 07:41
+2 -0
Language Mr. Right!! The Kid may be reading this and not follow your first comment after reading your second comment, you see :)
@ Howzaat 13 May 2014, 11:57
+0 -0
Agree, but was pissed off. 15-16 year olds are very smart these days, so hopefully she'll start her prep for CLAT instead of focussing on comments here :)
Associate 19 May 2014, 20:40
+0 -0
@guardian angel: Woah! You are just throwing the poor kid into a profession that reports one of the lowest levels of satisfaction, the highest percentage of psychopaths, a very high incidence of substance abuse and suicide.
Juieen 9 May 2014, 08:46
+1 -0
Congratulations Rachika!
Square Triangle 9 May 2014, 08:51
+8 -0
People can be good lawyers but not necessarily have what it takes to become a partner in a particular firm. They could also happen as a result of a people's life choices - wanting a different pace of life and different types of responsibilities. Moves like this are not always a comment on either the competence of the person or the firm in question.
Weird Triangle 9 May 2014, 11:12
+7 -1
True, but if there are consistent departures from a firm at PA/MA/counsel level, it points to a deeper issue - either the firm if failing to groom them for partnership role or it is hiring/retaining wrong people to start with. To my mind a firms bench strength is critical and if the people who have left are not good enough, then the bench strength at Trilegal was quite poor.
To the kid 9 May 2014, 11:09
+33 -1
Kid - get a life, there are better things to do than becoming a corporate lawyer!
NLIU 9 May 2014, 11:43
+12 -3
It is nice to see so many NLIU, Bhopal graduates making it big. Also having the highest % of partners in top tier law firms after NLSIU. Proud of you Rachika. I am sure the entire NLIU fraternity is proud of you and wish you the best that you reach even greater heights in life! Congrats...
Anon 9 May 2014, 12:20
+3 -0
Having worked with the guys who have left Trilegal’s project practice in the recent past (including Avirup and Rachika) and the people remaining at Trilegal’s projects practice at their level, I have to say the departures are big losses for Trilegal especially in the oil & gas field – they are all very good lawyers. Trilegal should have groomed these guys if there was a perceived lack of partnership quality in them. However, I don't know if their departures were driven by life-style choice.
Guest 9 May 2014, 19:09
+9 -4
Trilegal's o&g practice is an urban legend...

The people you mention have done limited work in this area at junior levels... a while back.
1234 10 May 2014, 13:08
+1 -0
Agreed, always knew avirup to be a power/regulatory lawyer
Joyful Sweet 9 May 2014, 16:15
+3 -0
This is just a reflection of the fact that Trilegal's partnership promotion pipeline has dried up quite a bit over the past few years, combined with their lack of traction in certain practice areas (litigation, projects, capital markets etc.) despite fairly long term investment.

Naturally, for senior lawyers (especially in the domains where the firm has stalled),it makes sense to move on given that there is no meaningful career progression. This does not in any way negatively reflect on an individual's lawyering skills or the work culture of the firm - it is just a rational choice to move to a place where there is more interesting work. As far as the firm is concerned, this is healthy since it allows them to cut back their spends and continued investments in areas where they are not able to maintain a strong market position or generate returns, and to refocus resources on practices where the firm can maintain or further strengthen its market share and yields.

Over the long term, a refocus on its core strengths (banking, PE etc.) will probably help Trilegal emerge as a better and more sustainable firm. This will also ensure that it is able to reignite its partnership promotions and match the competition (which, with the exception of Luthra, appears to be in better shape on the partnership pipeline front).
projects 9 May 2014, 16:49
+1 -2
Always thought trilegal was a projects power house!!!
... 10 May 2014, 05:23
+15 -2
Partnership is a myth in Trilegal, especially on the corporate side. No one has a clue of what it takes to become a partner. Partnership promotions and rejections in the recent past make one thing clear- gotta have a good luck line- merit and stuff like that-who cares-calls are anyway taken by the junior lot.
Guest 15 May 2014, 13:07
+4 -0
All the good people are leaving, the wrong people are being promoted as partners
front 16 May 2014, 12:57
+0 -0
The firm barely has any deals-even reported deals, they are hardly there. Just a few good people in Mumbai and Delhi is thanks to a couple of well-known political connections (Akshay Jaitely's mother is a politician caught in Tehelka's sting operation).
kianganz 16 May 2014, 13:10
+0 -0
One question - which politicians is Akshay Jaitly related to exactly? Which other 'well known' connections are there?
Insider 16 May 2014, 17:44
+3 -0
Akshay is the son of Ms. Jaya Jaitley, who was a key figure in the now defunct Samata Party (later rejuvenated as the Janta Dal-United) and a close aide of its leader George Fernandes (who was defence minister in the Atal Vajpayee led NDA government from 1999-2004). Ms. Jaitley was featured in the sting operation that propelled Tehelka to fame, when she was allegedly seen to be accepting unaccounted money, apparently for her party, from a journalist pretending to be a representative of a foreign defence vendor and a purported middleman. The NDA government then turned the heat on Tehelka and its backers, seemingly by way of vengeance. Akhay was closely involved in his mother's defence during the subsequent enquiries and litigation, but very few people know that one of his own partners, Sridhar Gorthi of Trilegal's Mumbai office, was an early backer of Tehelka and was one of those who made a significant financial contribution to support Tehelka (probably unknown to Akhay). Gorthi was closely associated with the Tejpal family that ran Tehelka until recently and may have even professionally advised them in their early days. One does not know if this led to any issues amongst the partnership, but it does seem that it is an old matter and not so relevant today. Akhay's father Ashok Jaitley (who was estranged from his mother) was a senior bureaucrat and served as Chief Secretary of J&K, amongst other positions. So Akhay was indeed well connected in both political as well as administrative circles - but it would be unfair to impute that this led to any enhanced business for the firm - there is certainly no evidence of that, and Akhay is probably not the kind who would flaunt his connections.
back 20 May 2014, 07:15
+0 -0
Don't fully agree with you - they did some good deals (TAQA comes to mind)- however, agree with the tenor of the comments that they seem to be losing good people at mid/senior level - most of their transaction teams are staffed with fairly junior lawyers.
Grapevine 3 Jun 2014, 10:09
+0 -0
Heard from the grapevine that there have been more counsel level departures from Trilegal after Rachika – LI any updates?