JSA hands over, votes in Amit Kapur as next senior partner after Berjis Desai

Amit Kapur to be JSA's new senior partner
Amit Kapur to be JSA's new senior partner

J Sagar Associates (JSA) partner Amit Kapur was elected senior partner-to-be by JSA’s equity partners at a meeting in Chennai today.

He will take over on 1 April 2017 from outgoing senior partner Berjis Desai, who is retiring on schedule on 31 March 2017.

Kapur is the highest biller in the firm, specialising in the projects and regulatory space with a team of four other equity partners.

He chairs JSA’s regulatory and policy practice and had been a JSA partner since 2000, having headed up its infrastructure practice since 1997.

He and his team specialise on projects and regulatory work relating to infrastructure, while Kapur, in particular, has developed a profitable niche of representing clients in regulatory disputes, with an estimated Rs 40 crore per year practice last year.

The elevation of Kapur to senior partner will be a major boon for JSA’s partnership, which has reeled and been in need of stability ever since Mumbai partner Akshay Chudasama and his team of four partners decamped to Shardul Amarchand Mangaldas in late 2015 and securities star Somasekhar Sundaresan announced that he would go independent in March 2016.

All that happened against a background of the firm’s founder and namesake Jyoti Sagar having officially retired in 2013, with senior partner Berjis Desai (a nearly de facto JSA co-founder, who had set up its Mumbai office) due to retire by 2017.

In 2015 Kapur had been in the running for managing partner against six others, in what is probably India’s only fully democratic management election at an Indian law firm.

The managing partner posts eventually by September 2015 went to Dina Wadia and Shivpriya Nanda jointly as co-managing partners, by internal consensus.

We have reached out to Kapur and other JSA partners for comment.

This breaking news story (as well as the excitement and speculation in the run-up to this development) was first reported to our paid-for subscribers. Please subscribe below to get to hear about the most important industry developments before anyone else.

Comments

Lolwa 17 Dec 2016, 15:05
+9 -2
What a world we are living in. Mr DSK would be sad and shaken.

The people who insulted (AK), voted in favor for him. This is amazing. This will only happen in democratic country. So much for this candy!
Not clear 19 Dec 2016, 07:55
+1 -0
Who insulted whom???
None 19 Dec 2016, 13:47
+0 -0
No one insult
None 19 Dec 2016, 12:12
+0 -0
[b]Who insulted whom? Not by vote but force[/b]
Guest 17 Dec 2016, 16:15
+1 -18
Mr Kian you only publish negative news about law school Vice Chancellors. Please publish this positive news: Mr Bimal Patel of GNLU has been shortlisted for position of director of SEBI. It is great honour and pride for law students and academic community in India.

http://economictimes.indiatimes.com/news/company/corporate-trends/10-names-shortlisted-for-sebi-chiefs-post/articleshow/56008789.cms
kianganz 17 Dec 2016, 16:42
+35 -1
We totally would if he was himself shortlisted, but it appears he's on the selection panel to select the new SEBI chief from the report, which nonetheless is no doubt an achievement but unfortunately not quite enough for a story I think...
Hello 19 Dec 2016, 19:17
+0 -1
Great reply Kian!
Kya baat 19 Dec 2016, 09:05
+2 -0
Bhai likhne se pehle padh toh leta. Selection committee not candidate.
GNLU Student 21 Dec 2016, 11:33
+0 -0
Geez, stop embarrassing us.
jsa 17 Dec 2016, 19:26
+11 -5
So much for coercing JS to vote him in. No one questions the competence but the manner in which all of this transpired.
AK 47 19 Dec 2016, 06:31
+5 -2
DSK toh bahana tha...
Boringgggg 19 Dec 2016, 07:53
+7 -0
40 cr. Book. How is that possible. Or is it 40 cr including the 4 partners below him. Plus the entire team below that.

Even then that's tremendous.
Brilliant 19 Dec 2016, 12:05
+6 -3
He is a gentleman. Som saw this coming and left before he had to work under Amit.
Aamir khan farzi actor 19 Dec 2016, 14:00
+0 -0
do sher ek jungle mein nahi rah sakte...
Abcdefgh 19 Dec 2016, 12:14
+2 -2
So what's the difference is managing partner and senior partner? I thought berjis was managing partner. Now it seems he was senior partner, if so then who was earlier the managing partner?

Is it just the way to keep everyone happy and avoid a Delhi mumbai break up?
JSA 19 Dec 2016, 17:59
+0 -2
YES.
Paan Banaras wala 19 Dec 2016, 13:51
+4 -1
Kapoor is awesome... i hope his team understands the same and raise the level of dedication rather than boast in his name and create discomfort with other teams...
jute lelo paise dedo 19 Dec 2016, 13:52
+3 -0
is he a managing partner or senior partner or what?? has he replaced dina and ship????!!
Aapa jhapa jhapa 19 Dec 2016, 14:02
+5 -0
Ab har ghar mein electricity..
Malcolm in the middle 19 Dec 2016, 14:03
+6 -0
its a wonderful news cz nobody i would retire here only.
kunal k 24 Dec 2016, 17:06
+0 -0
as an associate
Tyrant nani 27 Dec 2016, 13:59
+1 -0
Tu bhi.
kitna inaam..pure 40cr 19 Dec 2016, 14:07
+2 -1
he would have gone independent easily and got a senior gown...respect
Tsk Tsk 19 Dec 2016, 17:03
+1 -1
Who is DSK. Could anyone kindly enlighten for the unenlightened?

(I do know my merc CLK and SLKs, though.)
Successor 19 Dec 2016, 17:08
+0 -1
A brief bio of the new designated managing partner would have been nice (eg how long in practice, law school, books authored, etc). Okay, the last is a stretch.
MMS 3 20 Dec 2016, 07:17
+1 -0
So now there are two heads Senior and Managing Partner funny man.. Berjis held the post of both but to keep a good legal mind and a wonderful person like Amit Kapoor status of Senior was a good decision considering Amit would be under ShivP which would be too much and Som ofcourse may have seen this coming. if i were Amit I would have started my own firm....and left this tilting ship
Icy Spicy 22 Dec 2016, 09:15
+6 -0
Clever of Som to have anticipated a change of guard and leave gracefully before having to report to a former peer.
Jayati Ho 23 Dec 2016, 09:37
+1 -0
If Som had stayed AK may have exited. Som not AK has been Berjis blue eyed star. In any event one must respect all their career choices. Also seems more likely that Akshay left since he would not be managing partner with Som and Amit around. Merry go round seems to have finally stabilised.
Icy Spicy 23 Dec 2016, 11:45
+4 -0
Exactly Jayati Ho. Som needed Berjis. Why else would it matter who was a favourite child of Berjis. Akshay may have left anyway-he is a hopper which Som is not as he has been close to the coat tails of Berjis since pre JSA/Udwadia days. Akshay had a huge book and he sold out to Shardul. Between Som and Akshay, Akshay would have won managing partner vote. Som knew better than to even run for it. He ran out. Glad it worked out well for all.
Guest 24 Dec 2016, 07:11
+3 -1
sadly, enough the work quality of JSA has gone down drastically over the last one or two years. Be it delhi, mumbai or bangalore the firm has bleed profusely, losing RP level partners and junior level lawyers. JSA doe not remain the port of first calling for most corporate/fund houses etc. What remains in JSA, lawyer quality wise is not really upto the mark.
Guest 26 Dec 2016, 08:04
+1 -1
Absolutely this is the story according to me i wonder why they are even having a top 5 ranking... Maybe on account of previous glories..