HSA hires what's left of ex-merger partner PKA (Paras Kuhad) Mumbai to boost litigation practice there [UPDATE-1]

Jajoo (r) and Gandhi
Jajoo (r) and Gandhi
and Gandhi”)

PKA Advocates litigation partner Amit Jajoo, associate partner Sushmita Gandhi and three lawyers are joining HSA Advocates in Mumbai.

The hires will increase HSA Mumbai’s litigation capacity to three partners, together with ex-J Sagar Associates (JSA) partner Abeezar Faizullabhoy who had joined in 2014.

HSA managing partner Amitabh Sharma confirmed his joining, but declined to comment further. We have reached out to Jajoo for comment.

It is understood that Jajoo and Gandhi are the only remaining partners in PKA’s Mumbai office, though the firm still has offices in Delhi, Jodhpur, Kolkata and Jaipur.

Update 1 September, 16:19: In HSA’s press release, Jajoo commented:

What really stood out in HSA for me is their single-minded focus and dedication in creating an alternative platform for the clients and colleagues, devoid of any individual and family ownership.

This, coupled with their HSA 2021 strategy and the strides that they have made in last few months, really helped me close the discussion of my coming on board.

HSA 2.0 vision strategy is both integrated and dynamic and I am excited to be a part of the next phase of this growth together with Sushmita and my team.

Amitabh Sharma added in the press release:

The last 3 months at HSA have seen rapid growth and change. The firm is moving from strength to strength in enhancing its team, capabilities and capitalising on growth opportunities.

With HSA 2.0, we have embarked on a journey to realize the HSA 2021 vision of creating a world class institution providing exemplary legal services and at the same time inspiring, energizing and connecting with our colleagues, clients and communities alike.

Our aim is to add value not just to our clients, but also to our people and the world around us by being innovative, solution oriented, knowledge driven and at the same time, socially responsible. We are driven to bask in the shared success of each of our attorneys. And in order to realize our HSA 2021 vision, we have been cherry-picking the ablest of lawyers – Amit and Sushmita being the latest to be invited to partnership collegium.

Amit comes in with impeccable credentials within the Dispute Resolution space, a strong client following and a great reputation in the Mumbai litigation circles. Having known him over last several years in Mumbai, I have witnessed him growing professionally and achieve such an impressive client following in just over a decade practice. On behalf of the HSA partnership collegium, I extend a very warm welcome to Amit, Sushmita, Victor, Anaisha and Anamika to HSA.

We have reached out to senior counsel Paras Kuhad for comment, who had founded the firm that was known as Paras Kuhad Associates before he took the senior gown.

Update: Kuhad said that he could not comment as he was not involved at all anymore in PKA due to his having taken the seniors gown.

HSA has hired aggressively since ex-Khaitan & Co partner Amitabh Sharma took over as managing partner in April.

Some history

Paras Kuhad and Hemant Sahai Associates (as it was then known) had merged in 2009 for less than three months, breaking up by December.

The merger had unravelled rapidly, following the departure of two co-founders of PKA’s Mumbai office, Sowjanya Menon and Manish Desai, who were unhappy with the merger.

Both Menon and Desai started new firm Vidhii in Mumbai.

This was followed, in 2010, by Vaish Associates hired Paras Kuhad Mumbai indirect tax partner Shilpa Sharma, and in 2011 DSK Legal hiring Delhi disputes partner Ravi Prakash with a team of 14.

When in 2012 PKA founder Paras Kuhad was appointed senior counsel, Kuhad had to leave the firm under bar rules, which had by then already shrunk to a fraction of its former size.

In 2015, PKA Delhi partner Bhumesh Verma joined DGS Associates.

Comments

Naysayer 29 Aug 2016, 17:18
+0 -0
Good pick HSA. When are you going to stop?
samm 29 Aug 2016, 17:20
+0 -0
how much is the salary offered at both HSA & PKA for Litigation Associates?
guess 30 Aug 2016, 08:36
+0 -0
30k..
Associate 30 Aug 2016, 04:58
+1 -0
Atthanni!
McGill 30 Aug 2016, 07:03
+0 -0
Rapidly expanding by promising significant variables without no real change in billing rates or type of client is just an eyewash. Look at their bonus system, its a hoot and a half. Merely copying everything that reputed law firms do or hiring from a former firm where you worked won't change anything. The smart partners stay for a short period of time, figure out that promises made are just empty assurances which mean nothing, and they are smart enough to leave. My two cents, this will unravel soon enough.
PKA lessons 30 Aug 2016, 08:44
+3 -0
PKA is a classic case study of a firm which is built on the strength of one primary client - Bank of Rajasthan. A firm which had ambition but no clear strategy and with a dictatorial style of managing (by Mr Paras Kuhad). The firm disintegrated completely with Mr Kuhad becoming a Sr Counsel. A once promising recruiter - hiring good people - the firm simply imploded. Many lessons for others from their failure.
PKA Associate 30 Aug 2016, 09:58
+0 -0
Yes, indeed it was a great place to work and learn. Over dependence on one big client has ruined everything.
Rule of Law 31 Aug 2016, 09:09
+0 -0
Dr. Morepen Laboratories....
Alias 30 Aug 2016, 11:32
+4 -0
HSA is going the CAM way in its hiring I guess. Spreading itself too thin with so many new entrants. Very hard to build a firm like that. Departures also inevitable.
guestguest 30 Aug 2016, 12:53
+2 -0
PKA was a great place for learning. Very thorough and solid footing in law and great emphasis on mastery of facts in every matter. Not to forget the style and class of presentation by the founder. There was substantial talent at all levels to continue the legacy forever... But had no clear focus on client development strategies and that alone led to disintegration. Harsh market realities got the better of its policies of non-solicitation...
Ducati 1 Sept 2016, 22:27
+1 -0
The only smart hire HSA has made in recent months is Ajoy and to an extent Bharat. The rest, well, never heard of them. The firm has lost most of their smart resources since (...) 2014. The core strength of this firm remains projects and infrastructure and that is where it should focus. The corporate and BFSI practices need heavyweight partners to give them credibility. Souvik and to a lesser extent Navin could have helped build these practices but the management of the firm has been in such poor hands that they both cut their losses and ran. Perhaps Amitabh will be more able. Over the last few months he has managed to "grab" headlines, whether that translates into real change remains to be seen. Let's hope Jajoo and Gandhi have understood what they are getting themselves into :)
Champak Khurana 3 Sept 2016, 09:54
+2 -0
PKA will be back. Their real star is still there. Pancham Surana is Harvey Spectre, Allan Shore and M.L. Sharma is one fat package.
Ex Paras Kuhad member 7 Mar 2017, 05:12
+1 -0
With all his shortcomings, Mr Kuhad is one the finest people I've met. He at least had the vision and the dedication to create something that was non-existent in those days. You'll always be in my top few that I admire, Mr Kuhad.