Khaitan & Co's Paku Khan to move to USA to build firm's anti-trust, BD there [UPDATE-1]

Khan to head stateside with Khaitan
Khan to head stateside with Khaitan

Khaitan & Co competition law executive director Paku Khan will relocate to San Francisco in the US for family reasons, with an added business case meaning he will stay associated with the firm.

Khaitan HR head Amar Sinhji confirmed that Khan would not set up an office for Khaitan in the US but would continue working exclusively for the firm’s competition practice.

“He will further the firm’s interest in the US and help strengthen existing relationships and build new relationships,” he added.

Khan was not reachable for comment at the time of publication.

Khan had joined Khaitan in 2012 from erstwhile Amarchand Mangaldas in Delhi, where he was hired in 2009 from Irish corporate law firm A&L Goodbody.

Khan is of Indian origin but was born in the US. He holds a 1991 law degree from Vanderbilt University Law School in the US, and is qualified to practice law in Tennessee, Washington DC, New York and as an Irish solicitor (though he is not qualified to practice law in India).

He had previously worked at the Irish Competition Authority in 2003, joining A&L Goodbody in 2005.

Khan could not be reached for comment at the time of publication.

Update: Khan commented: “I’m terrifically excited to make this move and it’s a real testatement to Khaitan to being as open minded as possible and continuing as usual.

“Nothing really changes, my physical address is going to be in the Bay area, but I’m really doing the same thing.”

Correction: An earlier published story mistakenly stated that Khan began his career in 2003, when in fact he began it in 1991.

Comments

CCI 8 Jun 2016, 11:27
+1 -4
Means no competition left in KCO competition team.
Curious observer 8 Jun 2016, 12:43
+1 -0
What do you mean? Now who will control the show?
CCI Ruler 8 Jun 2016, 12:45
+12 -5
I could be forgetting some names, but last I checked, you seem to be forgetting Manas and Avantika who are still strong in the KCO competition team and in the markets generally.
Clarification 8 Jun 2016, 12:03
+9 -6
If Khan was not qualified to practice Indian law; and KCO is not qualified to advise on foreign law - what exactly was Khan doing all this while?? Was he a knowledge partner or something? Because clearly he could not have been practising or advising on Indian law. Kian, can you please clarify??
kianganz 8 Jun 2016, 12:13
+8 -5
Same thing that the Big 4 CA firms, consultants, foreign law firms, etc do - give general advice on the law, without going to Indian court, etc, presumably?
Comp lawyer 8 Jun 2016, 16:24
+4 -3
Is he related to the IQBAL KHAN who is otherwise known as IKU KHAN
Not right 8 Jun 2016, 18:07
+2 -4
That can't be a right logic. No law firm will hire him just to give general advice not pertaining to specific transactions.
IndiaGreat 8 Jun 2016, 19:08
+4 -1
Sir - In India (and I believe many other parts of the world now), everyone is two-faced.

The same Law firms that are anti the entry of foreign law firms, hire foreign qualified lawyers. We have Australians, Irish, American, Chinese, Japanese lawyers working at these firms, completely against the law. If they can be permitted in India, why not other lawyers? Is the distinction for Law Firms or Lawyers? It is not for law firms, but being abused by them the most!

Don't be so hypocritical, if you hire a foreigner, its ok for him to give legal advice in India - otherwise it is not. How is that equitable?

Kian - it has nothing to do with practicing in court - even legal advice on Indian law or similar ramifications is not permitted.
kianganz 9 Jun 2016, 06:07
+6 -2
Agree, the hypocrisy can be a little hard to stomach.

Not sure if it's against the law though - the law is very vague, since the definition of 'practice of law' has still not been clarified sufficiently by Lawyers Collective and Balaji.

Say I'm an economist employed by a law firm's competition team, advising clients on definitions of relevant markets, etc. Does that mean I'm practising law?

Or an engineer advising on IP law stuff? Or someone who only does BD for a law firm in Japan?

Or a foreign lawyer who prepares templates and stuff for a law firm in its KM department?

What I'm trying to say is that transactional legal practice has become so wide, the Balaji and Madras HC judgments would break down if they were challenged in court on those narrow points.

So, hypocrisy, maybe yes - illegal, probably no.
Quite personally 9 Jun 2016, 03:29
+11 -3
I wouldn't want to be a Khaitan employee in the city of SF!
Oh yeah? 9 Jun 2016, 11:33
+21 -3
Good that you clarified.. Haigreve was in fact checking if you would be willing to join KCO in SF..!!
Clarification 2 9 Jun 2016, 04:23
+4 -3
Plus if he is not qualified to practice Indian law, then under current regulations a foreign qualified lawyer cannot practice (including giving advice) in India. KCO could have come under the BCI scanner.
kianganz 9 Jun 2016, 06:00
+5 -2
Haha, BCI has a scanner?

But seriously - the current regulations are a mess and unclear, including the Lawyers Collective and Balaji judgments.

Are the Big 4s and other CAs allowed to provide structuring advice on an Indian transaction? Are they allowed to advise on M&As? Are they allowed to advise on tax litigation? How about compliance? How about a non-lawyer ex-CCI member advising people on what competition law is all about?

Nearly every big law firm has foreigners working for it now. Shardul Amarchand has John Handoll (also competition law) who's on their exec committee, and there are quite a few others whom I can't recall off the top of my head right now. Cyril Amarchand and others have former SEBI guys, or insurance industry non-lawyer guys, etc, all providing advice on everything from transactions, to BD and so on...

So, I agree, the law is a mess and it's a grey area that all these firms are operating in, but I think the law firms and Big 4 know they'd have a strong case to defend what they're doing if the BCI or anyone else came knocking on their door.
Outsider 9 Jun 2016, 11:09
+12 -0
BCI does have a scanner, Kian. It's kept on Mishra's table. Meant to screen 'phoren phellows'.
Tea Stall Owner 9 Jun 2016, 05:19
+4 -2
....arre baba....India mein bahut competisan ho gaya hai...!
Real Issue 10 Jun 2016, 05:19
+4 -0
Kian, wasn't there to be an update on the foreign law firm issue sometime this September? Pls keep us posted.
headhunter 12 Jun 2016, 19:38
+1 -1
Looks like he is going on a sabbatical.
Khaitan watcher 23 Jun 2016, 09:46
+0 -0
Kian- please comment- can a foreigner be an advocate under Indian laws? I know there is some proviso which is ambiguous .

Another- can a foreigner be a partner in an Indian firm?