Finsec hires Trilegal’s Anil Choudhary as senior associate

Finsec Law Advisors has hired Anil Choudhary from Trilegal as a senior associate to shore up its securities transactional practice.

Choudhary graduated from Harvard Law School’s LLM programme in 2010, joined Nishith Desai Associates (NDA) in January 2011 and was at Trilegal between July 2012 and May 2013. He had worked at Luthra & Luthra in Delhi after graduating from Nalsar Hyderabad in 2006. Choudhary is dual-qualified in New York and India. Trilegal was not reachable for comment at the time of going to press.

Finsec founder Sandeep Parekh said in a statement that Choudhary would substantially strengthen the firm’s financial sector transactional practice. In May, one Finsec partner and senior associate had joined IC Legal as partners.

Comments

Sr Associate 3 Jun 2013, 10:05
+9 -6
Since when LI has started capturing Senior Associate Appointments? Would it be covering SA appointments in other Law Firms as well.
kianganz 3 Jun 2013, 10:08
+8 -7
We have covered associate moves from time to time, and would love to do more of this in similarly short stories to this one, though many firms don't actually tell us despite requests.

Here are a few previous stories:
http://www.legallyindia.com/tag/lawyer-job-moves
anony 3 Jun 2013, 10:50
+3 -3
kian,

I saw this -ve to your post. And somehow my comp shows its me who clicked on the negative.

it was perhaps an inadvertent quick mouse move. When I wanted to remove the -ve, it is showing "voted!" and is not allowing me to remove the same.

maybe your website guy can look into it and allow people to change their mistaken votes ?

regards
Anon 4 Jun 2013, 05:08
+1 -0
Here are a few previous stories:
http://www.legallyindia.com/tag/lawyer-job-moves[/quote]

Kian none of the stories referred to in the link (except the Finsec one) has been exclusively devoted to one senior associate appointment in a law firm. Stories are either covering appointments related to Counsel, Senior Consultants moves or clubbed stories of Senior Associate appointments/promotions of many firms taken together. Show us one exclusive story LI has done in the past regarding one SA appointment in a particular law firm. One can understand that if all Firms start sending you SA appointment news and you start publishing them, then LI will be flooded with such articles.
kianganz 4 Jun 2013, 05:27
+2 -1
Here are a few others:

www.legallyindia.com/20090915192/Job-moves/seth-dua-continues-disputes-expansion-with-senior-associate

http://www.legallyindia.com/20090807125/Job-moves/amarchand-delhi-hires-freshfields-returnee

www.legallyindia.com/2009071492/Job-moves/juris-corp-draws-senior-associate-back-to-private-practice-from-icici

If firms start sending us associate hire announcements more regularly, I'm sure we'd be able to find a way to cover these effectively and interestingly...
Anon 4 Jun 2013, 05:44
+1 -0
[quote name="kianganz"]Here are a few others:

www.legallyindia.com/20090915192/Job-moves/seth-dua-continues-disputes-expansion-with-senior-associate

http://www.legallyindia.com/20090807125/Job-moves/amarchand-delhi-hires-freshfields-returnee

www.legallyindia.com/2009071492/Job-moves/juris-corp-draws-senior-associate-back-to-private-practice-from-icici


Kian, all these 3 stories you have quoted were done in 2009 which is 4 years back. As a policy I knew that LI for all these years was not exclusively capturing SA appointment stories. Any reasons for breaking the trend.
kianganz 4 Jun 2013, 05:48
+1 -1
Am sure there are a few other more recent examples in our archives too, but as I said, firms just haven't really sent us any...

In this case, in any case it would have been worth covering, since it is a small start-up that was recently in the news for people leaving, and that has hired someone at a senior level, irrespective of designation.

We'd love to cover more SA-related news - they are the backbone of most law firms after all - trouble is, law firms often don't want to publicise their associates too much, for fear of them getting poached or wanting more money or leaving to join a competitor. Associates, on the flipside, usually keep quiet unless told to speak by a partner...
Trilegal 3 Jun 2013, 10:28
+24 -18
Would Trilegal really bother itself to comment on a SA move to Finsec..of course it would not be reachable for a comment. However, best wishes to Anil as he would need them while working at Finsec as per what I ve heard abt the place so far.
anony 3 Jun 2013, 11:32
+3 -3
trilegal may not be bothered and rightly so. (or maybe not)

but I think as part of journalistic procedure, especially in case of law firms, it would be prudent to ask about the shift to the law firm from where the person is shifting.

The most obvious and only answer is perhaps "all the best" but then as part of reporting procedure the same is to be asked.
Dinesh 4 Jun 2013, 06:22
+12 -12
You sound like the guy who was eased out of the place - not so much 'what I ve heard abt the place' types. So sounding a bit touchy aren't we?
Anon 4 Jun 2013, 06:52
+15 -6
yeah..this is touchy..Mr. Dinesh, why dont you join Finsec??
anony 4 Jun 2013, 07:43
+2 -0
the above comment was mine and am not the same anony guy whoy replied to Dinesh.

here's my reply to dinesh

In truth (no, really), I am a lawyer who sits under an umbrella with an old godrej typewriter seeking hapless souls and getting their affidavit typed for Rs. 10 (per page) in the patiala house court complex.

am from a decent college and was a pretty decent in acads and was also a national level mooter, but am here. didn't choose to be. but hey, one has to earn. right ?

I have sent my resume to almost all the firms out there, but alas no one wanted me.

For me, trilegal/ finsec etc are all the same. Firms where I will never make it to. even if i feel that I was/ am good/ better than the lot there.

So, in short, no, I was not "eased" out of any place. because I never made it there. I just pointed out some journalistic practice. thats all.

as far as touchy/ feely type is concerned. Those feelings would come in an associate when he belongs to a firm. Me sir, belong to no firm, so I look at you "have alls" and rue my destiny.

In short, I have more things in life to worry about in the coming court holidays and lack of income thereof, than to be touchy feely about these things. Kian does a good job, and I pointed his journalistic ways.

Do you remember in college, there use to be a guy who would from a distance listen to all the conversation of hip and happening and enjoy listening and get entertained with a wry smile ? I am that kid "type", and legallyindia allows me to eavesdrop on these conversations of the "have-alls." Its fun in a way.

maybe when the courts are full of life in july, we can have a cup of tea at patiala house. (you pay)
KM 4 Jun 2013, 08:47
+2 -2
Man, you must really be jobless to be typing out so much on a weekday afternoon. No timesheets to fill, for sure.
anony 4 Jun 2013, 09:33
+2 -2
yep

Totally.

you fill timesheets on weekday afternoons ?

I just rue my destiny and feel jealous of the big bucks you guys make.

damn! so talented me, and sitting here in patiala house courts, under the delhi heat.

Wish I would fill those time sheets. work in the fancy offices. have a fancy phone. buy a big car. but no one wants me there. no contacts. no network. :-(

Cant even buy a chinese toy for my baby.

PS: notwithstanding that it may sound sarcastic, truth is, its not.
BB 3 Jun 2013, 10:49
+4 -3
Ever year atleast 40 to 50 people including Associate, Senior Associates and Principal Associates moves from AMSS, the why LI does not reportthose moves...
PR 3 Jun 2013, 11:41
+9 -0
[quote name="BB"]Ever year atleast 40 to 50 people including Associate, Senior Associates and Principal Associates moves from AMSS, the why LI does not reportthose moves...[/quote]

If LI start reporting on AMSS attrition and moves, they will have enough stories to report every month. You will get bored. Now, do you want that?
Anon 3 Jun 2013, 12:52
+7 -0
Congratulations! Wish Anil and Finsec all the best!
Guest 3 Jun 2013, 14:37
+7 -0
All the best Anil!!
Gaurav 3 Jun 2013, 15:21
+15 -8
Harvard guy joining any law firm would be interesting enough. Good luck to Anil and Finsec.
anony 3 Jun 2013, 16:38
+4 -0
Sandeep Parekh is himself from harvard
ABC 4 Jun 2013, 04:49
+1 -0
No. He is from Georgetown.
Gaurav 4 Jun 2013, 06:18
+0 -0
Though his Linked In profile shows him as member of the Harvard alumni group. So not sure.
Guest 4 Jun 2013, 01:05
+14 -8
Finsec started as a promising startup but like many of its peers lost its way wid several exits. not to forget the concerns which come with a sole prop model.
Harvard 4 Jun 2013, 05:34
+8 -15
From the looks of it, it's looking more promising and elite with Harvard, Nalsar and Georgetown. Departure of some local law school types with Harvard and Nalsar hardly sounds like a ''lost its way" types. Looks more like spring cleaning.
Harvard!!!wow 4 Jun 2013, 08:27
+13 -8
Hi Harvard. what an arrogant analysis..Finsec should now be on the top of all rankings after this so called spring cleaning. In any event, there were senior ppl and the team which left Finsec (pls note, left Finsec). Dont think it was spring cleaning by ne means. Advice you to see the LI's earlier post on the switch of the team and hope you would get your answer.
Guest 4 Jun 2013, 09:11
+4 -9
Imagine, for example, that you had a poor-performing worker like Homer Simpson. If Homer walked in late one day as usual and announced that he was leaving, would you consider that a bad thing, or would you secretly celebrate his departure?
haha 4 Jun 2013, 12:05
+13 -5
As per your version, there is a possibility that in a relatively small law firm like Finsec, majority of fee earners including the seniors were non performers (as the team left) and all of them survived these years of no-performance. It wasnt a case of an individual moving and happily allowed to leave cos of non-performance. Pls get your facts and analysis right.
Guest 4 Jun 2013, 12:49
+5 -10
Touchy touchy?! I really wonder how is it that you know all these details about the turnover/ fee earning potential/ or anything else for that matter of relatively small firm...and why are you advocating so much about the people who left and speaking so highly of them? Why O why? Unless of course....ummmm hmmmmm.....lol!!
hahaha 4 Jun 2013, 12:49
+6 -9
When one guy leaves that is cleaning, when two or more leave it's called spring cleaning. Totally agree with Harvard.
Spring Cleaning 26 Jun 2013, 14:24
+4 -0
You must be aware that more spring cleaning has already happened at Finsec post Anil's joining..ohh, no need to tell you of course.
Weird 4 Jun 2013, 14:07
+2 -0
Weird comment. Rankings don't come out everyday.
Why 4 Jun 2013, 01:12
+16 -14
Would anybody explain the logic as to why would somebody leave Trilegal and join Finsec that too at the same designation??
No 4 Jun 2013, 04:09
+15 -9
No, nobody would explain.
Haha 4 Jun 2013, 04:29
+11 -4
Hi No..question was not meant for a nobody like you..go get a life
ROFL 4 Jun 2013, 04:54
+11 -0
ha ha ha - very funny! super like.
Anon 4 Jun 2013, 05:48
+4 -2
[quote name="Why"]Would anybody explain the logic as to why would somebody leave Trilegal and join Finsec that too at the same designation??[/quote]
well, for starters it may the difference between being a big fish in a pond OR a small fish in an ocean...
Fan 4 Jun 2013, 13:54
+3 -1
[quote name="Anon"][quote name="Why"]Would anybody explain the logic as to why would somebody leave Trilegal and join Finsec that too at the same designation??[/quote]
well, for starters it may the difference between being a big fish in a pond OR a small fish in an ocean...[/quote]

Trilegal - Ocean? Ha ha ! Its a sinking ship in an ocean
kianganz 5 Jun 2013, 03:51
+2 -1
Dear All - we have begun to moderate comments a little more strictly than usual on this article, since some comments have become a mud slinging match between two factions batting for their own side, which is not very enlightening for the general reader, nor, frankly, very dignified.

New comments that actually add to the discussion will be posted.
Unnecessary hype 5 Jun 2013, 04:09
+1 -0
Nothing but unnecessry hype being created..not all publicity is good publicity.
Independent journalism 5 Jun 2013, 04:35
+5 -0
Kian i hope u publish dis comment. If LI allows advertisement by a law firm (I understand that an ad is long posted on LI website) and publishes a post of a SA appointment in that Firm, then you should disclose the fact that your article is independent and LI is not conflicted. Thats the minimum you should at least do. Only a suggestion n hope you would agree wid that in the interest of independence of your stories. Thx.
kianganz 5 Jun 2013, 04:52
+1 -0
You make a fair point and it's been something I've thought about a fair bit.

First of all, for the record, our article is independent and LI is not conflicted.

Second, our jobs function is handled completely independently from editorial, so there's a separate team in charge of arranging job ads, or doing the active recruitment - please have a look here for more details:
http://www.legallyindia.com/Legally-Jobs/ask-us-anything-the-story-of-legally-jobs-and-how-to-get-a-law-job-without-an-uncle

Third, we will always operate by a principle of editorial independence when publishing stories. Since more and more law firms and organisations are using Legally Jobs, however, we have decided that there's no point in disclosing this blanket policy in every story about a firm that may have used Legally Jobs in the past or is currently using it in some way.

However, if Legally Jobs has been actively involved in a hire (i.e., Divya has been involved in the interviewing process of candidates, etc, and LJ is operating on a commission mandate for having placed that candidate), things should be a little different. If Legally India's editorial reports on this hire and is aware of Legally Jobs' involvement in the hire, then yes, we would disclose our interest, while also intending to report this story as neutrally as possible.

Hope that makes sense and is workable, though would welcome any further feedback.

Best wishes,
Kian
@ Kian 6 Jun 2013, 06:48
+0 -0
Good response. You should also put a Chinese wall policy in place. Just info barriers should suffice to rebut any allegations. Physical barriers not necessary.
kianganz 6 Jun 2013, 07:43
+0 -0
Thanks, glad you approve.

Good idea about formalising a Chinese Wall policy, we'll start looking into getting one drafted up.

Physical barriers won't be necessary since LI mostly operates in a virtual office... :)