Law firms
Argus ups Delhi disputes ante with SAM counsel Udit Mendiratta as partner
Mumbai-headquartered Argus Partners has hired Shardul Amarchand Mangaldas (SAM) counsel Udit Mendiratta as a partner in its Delhi office’s disputes practice.
Singapore renews 9 foreign firms’ local licences • 7 years saw $2.3bn of revenues, employed 190 local lawyers
Nishith Desai rolls out (theoretically) unlimited holidays for all, vows to empower employees (not make them take less leave)
From 1 Nishith Desai Associates is extending its unlimited leave policy to all lawyers come 1 January 2021. This is an expansion of the flexible leave / unlimited holiday model the firm had trialled since 2017 for all lawyers who had worked at the firm for longer than 1,000 days.
Saraf v Luthra: Read the written submissions, arguments, deed, case law & gossip that will decide L&L’s future
On 9 December 2020, the Delhi high court reserved its judgment in the saga of the acrimonious split between the co-founders of L&L Partners, Rajiv Luthra (often referred to as RKL) and Mohit Saraf (referred to as MS in court filings).
ELP partner Tushar Ajinkya starts ThinkLaw with team & longer term mid-size boutique ambitions
Economic Laws Practice (ELP) partner Tushar Ajinkya and his team including associate partner Ankita Kashyap and three others, have set up a boutique corporate law firm in Mumbai.
Khaitan nabs HSA’s Akshay Malhotra as energy & infra partner for inorganic NIP push
Khaitan & Co has hired HSA Advocates partner Akshay Malhotra as a partner in its energy, infrastructure and resources (EIR) practice in the Delhi office, making him the second partner hire announced by the firm this week.
Luthra hires infra lawyer Prabjot Singh Bhullar as partner
L&L Partners under managing partner Rajiv Luthra, still embroiled in a bitter high court legal battle about the future of the partnership with senior partner Mohit Saraf, has added another partner with Prabjot Singh Bhullar in Delhi.
Khaitan boosts indi tax with Advaita partner Sudipta Bhattacharjee + team (NUJS ‘05)
Khaitan & Co has hired Sudipta Bhattacharjee as an equity partner with his team of three lawyers in its indirect tax practice, to be based in Delhi.
Algo to start 8-week NUJS course about legal tech, open to all in year 3+
Algo Legal has partnered with NUJS Kolkata to start a “legal innovation and technology” eight-week course for third- to fifth-year students from 15 December 2020.
Spice Route publishes 0-7 PQE pay bands from Rs 9.7 lakh to 50.4 lakh (w/ bonus) [UPDATE-1]
Three-partner firm Spice Route Legal, which had been founded in 2016 by former K Law partner Praveen Raju, has revealed its remuneration for associates from 0 to 7 years of post-qualification experience (PQE).
Link Legal hires Sun solar in-houser Abhishek Sharma as associate partner in land + RE
Link Legal India Law Services has hired Abhishek Sharma as associate partner specialising in land and real estate, according to a press release from the firm.
Palit & Co hires LKS AP Amit Jain as 5th partner, 4 years after founding by ‘13 RMLNLU grad
Delhi-based four-year-old start-up law firm Palit & Co has expanded to five partners after hiring Amit Jain, who was formerly an executive partner at Lakshmikumaran & Sridharan (LKS), as a partner in Delhi on 2 November.
DMD promotes in Delhi disputes counsel Kuber Dewan (Symbi ‘08) as 15th partner
DMD Advocates has promoted counsel Kuber Dewan in its dispute resolution practice to partner.
Nishith Desai revises fresher pay to Rs 17.4 lakh (incl fixed bonus), cuts bonus retention period • Market salaries stagnant for 5 years now
Nishith Desai Associates (NDA) has revised its base pay for freshers to Rs 17.4 lakh, including a guaranteed annual bonus of Rs 1.2 lakh, from the previous total level of around Rs 15 lakh, which had last been revised around four years ago.
IndusLaw comp partners Rahul Goel, Anu Monga to leave
IndusLaw competition partners Rahul Goel and Anu Monga are in the process of leaving the firm, we understand from authoritative sources.
DSK appoints deputy MP as firm beds down equity partnership structure, preps to adapt to future
DSK Legal has widened its management, appointing Sajit Suvarna as deputy managing partner alongside the firm’s managing partner Anand Desai as the firm has completed over two years in its new equity system.
Ex-Dhir, Vaish PAs Amit Prakash, Vasu Dev start fin + corp firm to capitalise on ‘opportunities’ in ‘tough time’
DMD promotes 20 to counsel, PA, SA
Orbit founders widen ownership for 4 new equity partners & new management structure post PV Rao retirement
Orbit Law Services has promoted four of its partners into equity, following the retirement of co-founding partner PV Rao and a corresponding widening and redistribution of equity.
LKS, JurisCorp do increments, bonus • AZB, Luthra do bonus, freezes, welcome freshers
As the novel coronavirus is gearing up for a second wave and wreaking renewed havoc in much of the world and economies continue teetering on brinks barely held back by government stimulus packages, a number of law firms have recently eased restrictions on their fee-earners.