LKS promotes 3 to executive partner, 4 to partner

Lakshmikumaran & Sridharan (LKS) promoted three partners to executive partner and four joint partners to partner, reported Bar & Bench.

Delhi partners Manish Gaur in the service tax litigation group, Amit Jain in central excise and customs litigation and Bipin Kumar Verma in the indirect tax group were made executive partners.

Gaur joined LKS in 2007 after an in house legal department stint, Jain joined LKS after 25 years at the Customs, Central Excise & Service Tax Department and Verma joined LKS after 21 years at the Customs, Central Excise & Service Tax Department.

Joint partners Srikanth K in Gurgaon, Prabhakaran PM in Bangalore and Jigar Shah in Ahmedabad were made partners in the indirect tax practice, and joint partner Prashant Phillips was made a partner in the intellectual property (IP) practice.

LKS was not reachable for comment at the time of going to press.

Comments

Holundsman 20 Jun 2016, 08:30
+0 -0
What would be the salary of this Joint Partner/ Executive Partners? Any idea....
Agram Bagram 20 Jun 2016, 10:22
+9 -0
Kian, so much fairness in reporting? When are you reporting SR’s departure from Agram?
Unfair 20 Jun 2016, 10:32
+9 -0
I had seen a comment where Kian had acknowledged his departure or exit but mentioned that he is giving them time to figure out. This is convenience driven biased journalism. Such time to figure out Kian did not bother giving to Nisha Uberoi when he ran the story even before she had resigned. More so, that comment seems to have been deleted now on a search. So clearly Kian is moderating comments depending on his friendships with people.
kianganz 20 Jun 2016, 10:39
+2 -12
Why do you hate that firm so much? It's a pretty small firm, one person potentially leaving will not shake the market much and plans aren't entirely crystallised yet at either end, I think...

As for Nisha Uberoi leaving - we weren't the ones who broke the story, Bar & Bench was. And when we did cover it after that, we had the 100% correct facts that she had not YET resigned but that she was all but certain to do so, which is the correct version of events. And 3 days later or so, we reported when she did in fact resign.

That seems fair to me.
Guest 20 Jun 2016, 11:04
+11 -0
Well by your own admission as long as others break the story, whether or not the person has resigned or about to resign is fine and you can run a story. Did her departure break the market? Did she tell you what she had planned? However a confirmed departure of a founding partner of a prominent start up by members from the Big Firms is definitely a story to carry for sure, who even mentioned about hate? Is that fair! Deluded, aint it? Never mind, now please do not go on explaining your biased assessment.
kianganz 20 Jun 2016, 11:11
+2 -13
Yes, we've already had very similar discussions after B&B broke the Akshay Chudasama news earlier than we would have liked to, and at least several other times that I can't remember right now.

We only run stories when we're as near as possible to 100% confident that they're true (as was clearly the case with Nisha).

If there is no comment from a partner in a story, I can not confirm whether we spoke to a partner or not, but suffice it to say, we very credibly know what's going on and what the situation is, even when no one is named in a story. If no one goes on the record, we need at least two independent sources who first-hand know what's going on.

Finally, yes, if the news has entered the public domain already, then we are doing exactly 0 damage by reporting the correct version of events a little while afterwards. The cat's out of the bag so to speak, if we don't run it at that point where someone else has already run with it, it doesn't really make any difference to that person.

Anyway, in this case, I accept there is a legitimate reason to carry a story here but we have been busy with bigger and/or quicker stories that were more pressing in the priority stakes. We will get around to covering this story too, but it's not the top top priority right now. If you want to help and share the mobile phone number of one of the partners (in an unpublished comment), that would be helpful, otherwise, why the tearing hurry?
Guest 20 Jun 2016, 12:01
+9 -0
Whats the basis on your prioritizing comments? We are talking about a set back at another start up by lawyers wih over 15 years work experience from big firms! Its a trend, whats the fate of associates, its a very important development. Thats why the tearing hurry, as the departure occurred over 2 months back. See the other stories you have run meanwhile, if this isnt important news for you then wonder what is? Good luck.
KCO 20 Jun 2016, 12:09
+9 -0
We hear that the departure wasnt on amicable terms.
LI Intrigued 21 Jun 2016, 03:47
+3 -0
Why is it that whenever anyone questions your ethics, whih happens quite often these days, you make a contrived effort to defend yourself? What was the point of this entire rant? In the case at hand, the departure is confirmed and happened months ago. So if you dont know, then you are lagging behind. If you do know and arent running it, then wonder why. What has ever stopped you from running stories on where people who leave firms are going next? The question is whether they have departed or not? Why so insecure Kian?
kianganz 21 Jun 2016, 08:22
+3 -5
Did a bit more research, and I'm afraid you're wrong on the facts, as far as I can tell.

SR is still at the firm I believe and while yes, his role has changed, as far as I can see he's still handling some matters, has not joined anywhere else and has not left (though yes, it seems right that he might at some point in future...)

When it becomes a story we will report it, but at this point in time it doesn't seem like news yet, unless I'm completely wrong on the facts...
Psudo Moderator 21 Jun 2016, 08:48
+3 -1
"We only run stories when we're as near as possible to 100% confident that they're true"! Yeah, clearly all those stories on BCI & CLAT, uncorroborated Manan Kumar Mishra's Office order on lift use, etc. are clear examples of stories wherein you are 100% confident about the veracity of facts...Is someone on the verge of becoming a Presstitute!?
Guest 21 Jun 2016, 09:35
+2 -1
I am quite certain of the fact, unless your research is based on SR’s linkedin profile. He has on record said himself to people that he has severed his arrangement with AL. Also VS has been saying the same. Why this is noteworthy is that they were best of friends or in fact “rakhi brother sister” and there is a fall out. It is not about what went south between them, it is a trend, that start ups today aren’t working well and it is difficult to survive even in the booming economy given the Big 6 Law Firms and their ability to cut costs and run deals with huge bench strengths. That is the story which is important here.
Guest 21 Jun 2016, 09:38
+2 -1
You are completely wrong on the facts. I was lured to work here and things are pretty shaky at the moment. Well, you are either biased or have vested interests. Wouldn’t accuse of not having a spine, because be L&L, KCO, Lyril, Hildul or as someone mentioned in a few comments below about CLAT, you haven’t once stopped from running stories based on half baked information. Given you explain yourself with such vehemence, it is a pity that it is not convincing and anyone who has been reading your website, can read through the joke!
kianganz 21 Jun 2016, 09:53
+0 -3
Aah, that's why you feel so strongly about it. Surely, if you were working there wouldn't you prefer things to be quiet so you could find a new job in peace?

I spoke to VS around a month ago and SR today. SR said he was still at the firm and doing matters, though like I said above and like you said, there has been some internal change in the partnership.

I understand you're upset but will you please stop alleging that we publish half baked stories? Please point out an actual story we published that wasn't true, because the person who listed BCI and CLAT stories as half baked lost me even before they hilariously called me presstitute.

To be honest, by the language used and sentiments expressed, I'm having the strong feeling that I'm being trolled here, which is making your claims that this is a huge story that we're missing seem less credible.
LI Intrigued 21 Jun 2016, 13:29
+2 -0
Goodluck Kian, your naivette is astounding. If you want to rationalize your argument this way, good for you.
Guest 20 Jun 2016, 10:41
+11 -1
And why are you surprised? This is Kian at best! Always moderatingb to the benefit of some while not for others
Hmm.. 21 Jun 2016, 08:31
+2 -3
Which is exactly why you come to his website and he allows comments such as yours attacking him.

I don't know where he said that he is the PTI of legal news?

Kian, are you PTI?
Guest 21 Jun 2016, 09:32
+2 -0
It’s clear who you are. Kian’s bias is not a secret. Just because he publishes one comment which questions his motives doesn’t mean he uses the same yardstick for moderating comments or running stories!
LI Intrigued 21 Jun 2016, 09:55
+1 -0
"Attacking him", calm down dude, no one is attacking anyone here.
kianganz 21 Jun 2016, 13:32
+0 -5
I'm certainly feeling slightly attacked in this thread, and I'm still slightly puzzled for why... Aw well, so it goes.
Naik Zang 21 Jun 2016, 14:31
+2 -1
Agree with you and dont you think you should be? Given you delete all slightly negative comments on SR, which were there on any articles concerning him? Classic is the most recent one where you had in some article yourself acknowledged it but now that comment has gone missing? So much for honest journalism! This is a low even for you Kian.
kianganz 21 Jun 2016, 14:33
+0 -5
Ok, now I'm simply amused. Trolling time now officially over, you've all had enough fun throwing me non-sequiturs.... :)
Guest 21 Jun 2016, 20:08
+1 -0
Thats whats expected od you! Run when people question you. Poor thing.
Bored 20 Jun 2016, 11:28
+5 -10
Guys can u please have this discussion somewhere else. People have been promoted by L&S for their loyalty, dedication and hardwork. Please don't ruin the moment over petty issues.
Agree @ Bored 21 Jun 2016, 03:54
+5 -3
I agree with Bored. So let's discuss why Associates at LKS Mumbai spend billable hours washing plates after meals and other ridiculous cost cutting measures.
Hmm..Thats 21 Jun 2016, 08:36
+8 -0
That's just good manners.

Can't understand why young lawyers consider themselves to be such an entitled bunch.
plese 22 Jun 2016, 05:53
+0 -0
other measures ? what like, pal ?