Cyril Amarchand Mangaldas’ Mumbai office has promoted three to partner, and two to partner designate, with effect from 5 June, according to its press release.
Cyril Amarchand Delhi promotions – where senior AZB & Partners Percy Billimoria joined on Friday (4 June) - will be announced after 30 October 2016.
Managing partner Cyril Shroff commented in the press release:
We are delighted to announce these internal promotions to partnership and partner designates. We are certain that these talented individuals across various practice areas will further strengthen our bench and add great value to our firm and client servicing capabilities. This is the first batch of internal promotions after the formation of the new firm and reinforces our model.
The evaluation has been very rigorous with a keen focus on business case being the key factor. The Peoples Committee which was constituted only in May has done a thorough job in screening candidates. They will assist me in evaluating internal talent and recommend promotions on an ongoing basis.
For our Delhi office, decisions on promotions to partnership will be made after Diwali 2016 along with any future recommendations across India made by the Peoples Committee of the firm.
New partners
- Anand Jayachandran – Partner, General Corporate
- Bharat Budholia – Partner, Competition Law
- Hiral Motta – Partner, Real Estate
New partner designates
- Aditya Mehta – Partner Designate, Dispute Resolution
- Prerak Ved – Partner Designate, General Corporate
The promotions take place against a backdrop of at least 20 fee-earners in Cyril Amarchand’s Mumbai corporate practice headed by Ashwath Rau will defect to AZB & Partners (Rau is understood to be joining on Monday (6 June).
Cyril Amarchand Mumbai competition partner Nisha Kaur Uberoi too, is set to join AZB in the coming months.
According to the firm’s press release, of the eight partner promotions announced in April 2016, four remain at the firm:
- Anchal Dhir, General Corporate
- Kranti Mohan, Capital Markets
- Ramgovind Kuruppath, General Corporate
- Shruti Rajan, Financial Regulatory
Anu Tiwari, Dhruv Singhal and Himanshu Dodeja, who were promoted in April, are not or will not be with Cyril Amarchand anymore.
Singhal and Tiwari will be joining Ashwath Rau at AZB, while Dodeja has joined private equity house Blackstone as its first India general counsel (GC).
We could not confirm why Amita Choudary Katragadda was not included in the list of April promotees remaining at Cyril Amarchand.
Partner profiles (via press release)
Anand Jayachandran,
General Corporate Practice
Anand Jayachandran completed his B.A.LLB (Hons) from the National University of Juridical Sciences, Kolkata in 2007. He is admitted with the Bar Council of Maharashtra and Goa, India. Anand joined firm’s offices in Mumbai in 2007 and had relocated to the Bengaluru office.
Anand has several years of experience in a range of corporate areas, and specializes in public market mergers and acquisitions, foreign investment and corporate restructuring. Anand has advised several reputed Indian and international companies in relation to complex acquisition and restructuring transactions and advised on some of the block deals in the Indian securities market.
The RSG India Law Centre’s 2015 Report cites Anand “as a client-recommended lawyer with a very thorough approach while preparing matters and offering advice”.
He will be part of our General Corporate practice of the firm based at our Bangalore office.
Bharat Budholia,
Competition Law Practice
Bharat graduated from the Hidayatullah National Law University (HNLU), Raipur in 2009 having obtained a B.A. LL.B (Hons.) and is admitted to the Bar Council of Maharashtra and Goa, India.
He joined the Mumbai office of the firm in 2011 as a part of Competition Law practice.
Bharat advises on the full range of competition matters, including cartel enforcement, abuse of dominance, merger control and competition audit and compliance. Bharat has represented various Indian and multinational clients across sectors such as, cement, pharmaceuticals, agro-chemical, natural gas, airlines, steel, manufacturing, FMCG, passive telecom infrastructure, polyester value chain products, airport passive infrastructure etc.
Bharat has also successfully represented several domestic and international clients before the Office of Director General, the CCI and the Competition Appellate Tribunal in relation to alleged anti-competitive agreements and abuse of dominance investigations.
Hiral Motta,
Real Estate Practice
Hiral Motta completed her LLB from the Government Law College, Mumbai in 2005 and was a University rank holder. She also holds a Bachelor’s degree in Computer Science from Jaihind College, Mumbai and is a member of the Bar Council of Maharashtra & Goa and the Bombay Incorporated Law Society.
Hiral joined the Mumbai office of the firm in 2007 and has been a part of the Real Estate practice.
She advises clients across various industry lines and sectors on all aspects of real estate matters and has significant experience in core conveyancing transactions with focus on acquisition of agricultural lands in Maharashtra and large commercial property acquisition in the various business districts of the MMRDA region including Mumbai.
Partner designate profiles (via press release)
Aditya Mehta,
Dispute Resolution
Aditya Mehta completed his B.B.A.LLB (Hons) from the Symbiosis law School, Pune in 2008.
He also has diplomas in Alternate Dispute Resolution and Cyber Laws and is admitted with the Bar Council of Maharashtra and Goa.
Aditya has been with the firm since his graduation in 2008 and is part of the Dispute Resolution practice working with Mumbai based partner Indranil Deshmukh, in the firm’s Mumbai office.
Aditya enjoys arguing matters before Courts and Tribunals. He also regularly appears before the Bombay High Court and the Company Law Board.
**Prerak Ved,
General Corporate Practice
Prerak Ved has completed his LLB from Government Law College, Mumbai in 2005. He has also obtained his Master in Business Law (MBL) from the National Law School of India University, Bangalore in 2007.
Further, Prerak has also cleared his CS Finals (2001) and US CFA Level III (2013).
He is also a Solicitor enrolled with Bombay Incorporated Law Society, Mumbai since 2009
Prerak joined the Mumbai office in 2010 and in part of the General Corporate practice, working with Mumbai based partner Shishir Vayttaden.
His experience in general corporate includes both mergers and acquisitions and private equity with higher focus on private equity.
Comments
After trying to poach every competition lawyer in the country, CAM had to make an out of turn promotion to retain one!
First mistakes in Delhi, now in Mumbai.
Come on Kian don't censor this!
[quote]At Amarchand and Luthra’s corporate and tax divisions, it has taken on average 9.1 years to be called on to become a non-equity partner, although it has recently taken as few as 6.7 years in the case of Amarchand, or 7.4 years in Luthra’s case. Both are almost identical at the top end too, with the most senior promotions at both firms happening around the 14-year mark.[/quote]
http://www.legallyindia.com/201405094697/Law-firms/partnership-track-at-indias-top-firms
The 'youngest' AMSS partners in our data between 2009 and 2013 were:
VR Neelakantan
Amita Choudhary
Ipsita Dutta
Aysswarya Murthy
Gaurav Gupte
Vandana Pai Bharucha
Most of them were promoted in 2012...
Way before that though, didn't Umakanth make it in 5 or 6 years or so?
After limiting the rot to Delhi, CAM faced upheaval in Mumbai with the departures of 5 partners in a month. With these promotions, the rota reaches mumbai... clutching at straws!!
And before you make any assumptions, let me clarify - I am from a "national" university and a pretty decent one at that.
You must be still in law school! what you would realise after you pass out is that everyone is swimming in the same ocean and it doesn't matter from where you jumped-in, except in limited cases!
You would also realise that law school education is not sufficient to practice law and you need to learn a lot. And anyone who put in hard work, excels, irrespective of name of university printed on your degree.
Till then study hard and try to keep such prejudices at bay!
You sound like an NLS product who has a chip on his shoulder. I bet you feel that making photocopies is beneath you as well.
Get over yourself and go make me my coffee like the little B*****h that you are now.
Your boss.
What next, VCS "taking over" Strategy and Execution, and Css "concentrating" on business development only?
Oh wait! Thats already done. The reason why things are as they are today at CAM.
This is what happens when a king runs off to conquer new horizons [...].
Like I said, welcome to Tier 2.
Kian, I am bored of all this now. Let me know when the number of partners exceed the number of associates. Till then, I'm off.
On one of the stupid comments which thinks that just because you are from glc it makes it a Tier 2 firm then sorry GLC products are a class apart and some of the best lawyers are from there. Also given that Prerak is a solicitor if half of the law school people sit for that exam will they realise how tough it is.
The argument that in pat many were promoted in a very short time is flawed in this case as he would have not become a partner for next year or two if Nisha was still around.
She who must not be named sold it
Story over
Once upon a time there was a golden knight
He left to join the queen across the border
Story over
Army destroyed foundations shaken
Cam over
Once upon a time there was a warrior princess
She would not bow on bended knee
She left to join the queen across the border
Story over
War lost
Once upon a time there was an old king
He acquired large armies
The generals left to be replaced by the goons
Today he crowned a new buffoon
Story over
Kingdom lost
The End
Shroffs and Partners can manage business and execution while Jijimon can manage the rest.
This happens because people who are pure strategists like the Shroff family are getting too deep in the waters of operations and executions - something ideally left to a COO.
Secondly.. whats with the scornful comments...whether the partnership is merited or not depends upon the organization bestowing It, not an anonymous forum where people pass comments without any thought or rationale... the fact is that the aforementioned made partner/partner designate at one of the top firms in the country, while many have not.. accept it and move on..
Finally.. whats with the non- NLU bashing.. being a partner has very little to do with which law school you passed out off...so inferring that someone from a symbi or nother private school becoming a partner demeans the organization which took the decision is hogwash..