3 ELP partners/SA, Burman, Vyas, Khosla, meet minds & more, start up own firm

Economic Laws Practice (ELP) partner Vinayak Burman, associate partner Amit Vyas and senior associate Archana Khosla have come together to pursue their entrepreneurial dream by starting their own law firm.

With more than three decades of experience between them in commercial transactional and litigation, the name of their new venture, Vertices Partners, has a mathematical connotation equivalent to a “meeting point” as well as suggesting an apex, they said.

Burman, who was promoted to ELP’s partnership after joining in 2013 as an associate partner, started his career at the Supreme Court with litigation after graduating from Symbiosis law school in 2005, and then went on to work with Rajinder Narain & Co in Delhi.

Prior to joining ELP, where he was a principal associate in the corporate team at Amarchand Mangaldas, spending six years at the firm.

Burman’s focus is on corporate commercial and private equity, particularly with respect to private equity investments, M&A, joint ventures and strategic acquisitions.

He has been representing private equity funds and companies in relation to investments and raising capital, as well as multi-national companies in several cross-border transactions and foreign direct investments, outbound investments, joint ventures, technology transfers and other commercial contractual aspects.

Amit Vyas specialises in dispute resolution practice and will add strategic focus on the proposed Bankruptcy Code and all other proceedings under the ambit of the National Company Law Tribunal, which is likely to be operational soon.

He had joined ELP in 2013 as an associate partner from what was then called Rajani Associates, where he’d joined in 2005 and later became an associate partner. He’d began his career at the Rajasthan advocate general’s office in 2002 after graduating from Jai Narain Vyas University Jodhpur, and later joined Trilegal as an of counsel.

His work relates primarily to many types of commercial disputes, including intellectual property (IP)-related disputes, arbitration and white collar crimes.

Archana Khosla specialises in corporate commercial and private equity, and has mentored and advised several start-ups and worked on M&A, joint ventures, and angel, seed, venture capital and private equity inestments.

She was a senior associate at ELP for six years, having begun her career in the Supreme Court with litigation and thereafter with AZB & Partners in Mumbai after graduating from Army Institute of Law Mohali.

When contacted for comment, the three founding partners jointly issued the following statement via e-mail:

Proactive - pedigree - performance.

Those are the thought foundations based on which the culture of the firm will evolve.

Vertices as such has two meanings, one being the plural form of ‘vertex’ which as you know is a synonym for the apex point and the second meaning which is far closer to the essence and our hearts, is that it is the mathematical definition of that point/angle which is created when two lines ‘meet’.

Therefore, from any practice perspective, the idea is to make aspects meet and be enable the progress with pragmatism so as ensure an appropriate closure.

The idea is to facilitate transactions wherein the essence of being commercially smart as against taking pure positions. At the end of the day, clients require advisers to take pragmatism hand in hand with the interpretations.

The idea is to provide seamless service with the commercial bent of mind. Hence on those principles, we believe that creating Vertices Partners is to factor in that sweet spot of balance.

We will be having our office in Nariman Point, South Mumbai and a reasonable-sized team at the beginning of around seven to ten associates with a lean partner to associate ratio.

It has been a very smooth process and we wish to collectively thank the partnership at ELP for giving us not only their blessings but also their best wishes in our new endeavour.

ELP managing partner Rohan Shah commented by phone message: “Have spoken to Vinayak and Archana about their setting something up, we wish them the best for their venture.”

Comments

Chairs 9 Mar 2016, 11:33
+3 -1
And the musical chairs session continues...
Anony 9 Mar 2016, 11:50
+8 -0
I'm guessing you don't know that Vinayak and Archana are married. Anyway, good luck to all!
Familyoffice 12 Mar 2016, 06:21
+2 -1
And they don't even make the effort to pretend that there's no bias.
Guest1 9 Mar 2016, 11:54
+7 -0
Best of luck to Vertices Partners! Brave move amongst the turmoil of the recent past and the near future. Kudos to ELP on handling the move.

But horribly misleading title no? Its 1 Partner, 1 AP & 1 Senior Associate.....not 3 ELP Partners.....
kianganz 9 Mar 2016, 11:56
+2 -2
Sorry, first headline was error briefly - partners and APs we collectively refer to as partners, SA we've mentioned separately now...
pedigreeed 10 Mar 2016, 09:56
+0 -0
it's still wrong. it says 3 partners, SA - whereas it's two partners and one senior associate. anyway, the grammar also seems wrong with a million commas. maybe use semi-colons?
kianganz 10 Mar 2016, 10:20
+0 -2
Haan, maybe a semi-colon would convey more clearly what's intended... Will amend...
ihaveadream 9 Mar 2016, 12:14
+3 -2
Fantastic news! Its great to see young blood step up and start playing for themselves. Best wishes to the 3 and the others who will join them. Have fun!
Sugreve 9 Mar 2016, 12:52
+6 -1
This is why I was never keen to set up offices near Railway Station!
Scooter- 9 Mar 2016, 13:05
+8 -1
Gayi bhais (gehre) paani mein
Jai Ho! 9 Mar 2016, 13:28
+3 -3
Heard that people from the Delhi litigation team also left post Kirat's departure. Any update on that?
Nostradamus 9 Mar 2016, 15:51
+10 -2
Delhi has seen no departures since Kirat. The office has seen a small increase in headcount and seems to have a very busy lit practice.
Postradamus 10 Mar 2016, 06:28
+5 -6
Incorrect information! The entire Delhi Lit team has left post Kirat's departure between April - August. The new recruitment's have been done to fill up the vacancies. In fact the entire TMT team along with Jyoti Pawar has also left in December. LI should do a story about this.
Wait for it... 9 Mar 2016, 17:24
+9 -0
Rumours that CAM is declaring low bonuses and there will be many resignations!
Non sequitur 10 Mar 2016, 06:33
+2 -1
It's amazing how nearly every story about entries and exits from various law firms has at the very least one comment about those Shroff firms
Scooter- 10 Mar 2016, 07:39
+0 -0
Live it - bro!
Capital Market Lawyer 10 Mar 2016, 11:17
+3 -0
Bhai maine kaphi rate bitayi hai aanke phar phar ke ab aur phatne ka scope nahi hai
grt 9 Mar 2016, 20:28
+2 -0
Good luck for all the future endeavours:) Amit and team!!
XBL12345 10 Mar 2016, 04:38
+3 -7
Even Jyoti Pawar (TMT partner) in Delhi has quit ELP and has setup her own firm.
The Ver syndrome 10 Mar 2016, 05:36
+1 -3
Kian, there are so many firms that start with VER? Verist, Verus, Veritas, Vertices.....Which amongst these are the most well established and well known?
Respondent 10 Mar 2016, 06:06
+0 -5
Verus is the most well established firm amongst the ones you stated above.
ex-Trilegal 10 Mar 2016, 06:04
+2 -0
Some factual inaccuracy - Vyas did not start his career at Trilegal. He joined as a Counsel and left within a year
kianganz 10 Mar 2016, 06:07
+0 -1
Thanks, have corrected!
Ex- Rajani 10 Mar 2016, 10:53
+1 -0
And prior to joining Trilegal as a Counsel, he was a Partner at Rajani Associates for couple of years.
azcd 10 Mar 2016, 12:08
+2 -0
Left in few months!
Non Lawyer 10 Mar 2016, 10:55
+4 -0
I reckon certain associates being recruited by Vinayak few months back (or at least am aware of few interviews being done for his team), any idea if they are moving with him, or decided to stay back at ELP.
hj1 4 Nov 2016, 12:11
+0 -0
heard offers were revoked after resigning from ELP
Well Wisher 10 Mar 2016, 06:41
+1 -2
All the Best.. Team Vertices..!! Great move..
Well Wisher 10 Mar 2016, 06:44
+0 -0
All the Best..!!
Haha 10 Mar 2016, 13:16
+9 -7
Hahaha!!!

All the best to the clients of the new firm....... hilarious!!
Guest75 11 Mar 2016, 02:30
+16 -11
Thank you for the wishes - 'haha' - we will continue to work with the team, which is now Vertices, for our commercial and advisory needs.

If you work for one of the 'brand-name' Indian firms - you most likely have 0% value add to any client. It's a handful of partners who do so - and their names and reputations are what's being traded in the form of opinions. None of them would ever deign to demean a colleague starting an entrepreneurial journey.

Your own most significant contribution to a client would be to act as an usher in a family wedding of one of the 'brand-name' partners.

Do continue to enjoy killing yourself a little bit each day.
haha - haha 11 Mar 2016, 04:37
+8 -1
OOhhhhh - BURNN! diye che boss!
bbb 15 Mar 2016, 01:07
+5 -1
i know of someone who was ushering in the clients at the son's wedding of a brand name partner - Counted has his most significant contribution in the 6 years there
shantano 11 Mar 2016, 13:00
+9 -0
as someone who has worked with a range of legal service providers, i must say - if their drafts look anything like their press release, they need a sub-editor in the team before hiring any more lawyers.

did burman or vyas manage to woo any of their erstwhile team with them?
ex RA Namesake! 14 Mar 2016, 14:01
+0 -0
All the best Sir.. Wish you all the best with your new endeavour!!
polit buro 13 Mar 2016, 01:38
+2 -1
What is the book size of new firm?
Into the VORTEX I jump 13 Mar 2016, 18:21
+11 -0
If your press release gives any indication of the calibre of your lawyers, then Vertices if I were a client I would give you the pass.

(The name is not only an unfortunate tongue-twister, but the convoluted reasoning behind it really made my day)...and "the idea is to provide seamless service with commercial bent of mind". Ah, well I do I hope I have seamless and sound sleep, tonight!
anomoyous 16 Jun 2016, 06:55
+0 -0
i wish to know is joining vertices a good idea, is it a good place to learn and their team are they good?