Luthra corp partner Anil Rai resigns as team shrinks, ponders return to academia, perhaps NLS

Prof Rai: Considering NLS (despite itself?)
Prof Rai: Considering NLS (despite itself?)
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Luthra and Luthra Delhi general corporate partner Prof Anil Kumar Rai left the firm on Friday, after the headcount of the team he was heading at the firm gradually shrunk over the last few months.

“There are certain options which I am considering,” commented the former NLSIU Bangalore professor adding, “It depends [if I will re-join NLS]. It is a statutory organisation so there are certain rules.”

Rai who had joined Luthra in 2006 after nine years of teaching at NLSIU said: “I wanted a change. It had been long enough.” He graduated from Gorakhpur University, obtained a Masters in law from Delhi university and taught at both universities subsequently, until joining NLSIU in 1997 as an assistant professor.

He told Legally India that over “the last five to six months” his core team had shrunk in size, partly as a result of his decision to leave. While one associate moved back to her home-country Nepal, another joined litigation, while a third had gone into independent practice. Three remaining associates of his team would continue working under a managing associate. [Clarification: The initial version of this story incorrectly suggested that Rai’s entire core team had left.]

Luthra senior partner Mohit Saraf commented: “Prof Anil Rai and I have had a long standing relationship which goes back decades since the days we were at law faculty together. Having Anil as a partner at the firm, and with his expertise, it was a great experience for everybody at the firm. Being an academician at heart, he was keen to again pursue teaching and I had to respect his choice in this regard. I wish him all the best personally and professionally.”

Comments

insider 3 Feb 2014, 06:42
+12 -3
Luthra has time and again proved not to pay respect to its outgoing partners by keeping the firm uninformed. First one was Madhu, now Prof. Rai. I still remember managing partners use to write an email to the firm (at least for partner exits) in my previous firm. Guess writing such emails would hurt the ego of the management and hence they thought of letting us know through press!

My west wishes to Prof. Rai for his future!
Another Insider 3 Feb 2014, 10:42
+9 -1
[quote name="insider"]Luthra has time and again proved not to pay respect to its outgoing partners by keeping the firm uninformed. First one was Madhu, now Prof. Rai. I still remember managing partners use to write an email to the firm (at least for partner exits) in my previous firm. Guess writing such emails would hurt the ego of the management and hence they thought of letting us know through press!

My west wishes to Prof. Rai for his future![/quote]

True- they don't seem to care as much anymore... It was a different story earlier when the love was evident.
Ex- Student 3 Feb 2014, 07:02
+24 -1
All the best to Prof. Rai. The number of NLS students who are his fans is huge. He is a great human being and was a great teacher. Hopefully he will return to teaching and make his contribution again. All who have studied under him know that the man is a superb teacher. Those who haven't have missed out. NLSIU should reach out to him and take back one of its best ever.
Latty 3 Feb 2014, 07:28
+4 -0
Is Luthra doing well? News about the firm hasn't really been positive. Also, about the job prospects.. is it safe to prefer Luthra over other firms of comparable size?
Matty 3 Feb 2014, 08:59
+11 -2
News and perception have been negative for a couple of years. I'm sure you're wise enough to understand and decide.

My advice? You're probably better off staying away. Why risk getting stuck in a lock in? They say even when exceptions are made, they hold back salaries and deduct a lot of money from somewhere or the other and make it look like a favor they let you leave. Ridiculous if you ask me.
Inexplicable preferences 3 Feb 2014, 07:29
+12 -0
Prof. A.K. Rai was teaching courses in Banking Laws, Insurance Laws and Interpretation of Statutes before he left NLSIU in 2006. Till date, the school has not been able to find suitable replacements for those subjects. It will be great for the current students if he returns. However, the character of the school's administration has changed considerably since then. For the sake of the students, I hope that personal prejudices on part of faculty members don't act as an impediment to his re-entry.
Dazed and Confused 3 Feb 2014, 07:42
+4 -1
Rajiv has always had a certain Falstaff-like panache but the slow immolation of the firm by his glum retainers is a joyless thing to watch.

Insiders should jump in and let us know what the mood is like at Luthra right now. While it appears the wheels are falling off, this could also be part of a "right-sizing" project. Which is it?
Untangler 3 Feb 2014, 09:10
+11 -2
You ask which is it? Depends who you ask.

Ask the person who has left, his team, his colleagues and others, etc and they'll tell you he moved on because of personal preferences / the office didn't offer what he wanted / other similar reasons.

Ask Mohit Saraf (or maybe an odd conspiracy theorist), he'll happily tell you his firm is "restructuring". Rule applies to all Luthra exits wherever he can sneak in those cunning remarks.

Mood inside the office? 'nuff said. We'll let you know when it changes by posting gracious comments. Until then, assume status quo.
One more ex-student 3 Feb 2014, 07:42
+12 -0
Huge loss for L&L and an advantage for future generations who will benefit from his guidance! An amazing teacher and an even more amazing human being and mentor.
Sad 3 Feb 2014, 07:47
+9 -1
Yet another wonderful and talented person gets off this sinking ship. So much for their tall claims. Wonder who is next...

Prof. Rai is a remarkable teacher and a truly wonderful person. I wish him well.
anon 3 Feb 2014, 08:02
+13 -0
Prof rai is an amazing professor and a great person and mentor. Am glad he has moved on .
Insider 3 Feb 2014, 08:21
+3 -0
Anil Rai to the best of my information left because his heart was in academics. Three associates of the six in his team left over the last few months because one guy wasnt growing, the associate from Nepal wanted to head back and the third wanted to do litigation. It will be a huge upshot for NLS if they manage to grab him.
Nalsarite 3 Feb 2014, 11:15
+3 -0
Hope Faizan Mustafa takes advantage of this and snags him for Nalsar! Prof Rai will be a great asset to whichever University he joins
pseudo lawyer 3 Feb 2014, 12:07
+4 -4
is he the one who used to take interviews of the applicants?
A 3 Feb 2014, 13:04
+4 -3
I had the same question! LOL.
Guest 3 Feb 2014, 13:06
+9 -0
If Prof Rai is reading this, it would be great if you could teach at NLS sir. sincerely, an NLS student.
ex nls ex luthra 3 Feb 2014, 14:30
+14 -0
prof rai was a star professer. he taught us interpretation of contracts and made a complex and dull subject both interesting and easy to understand. a lot of us are better lawyers due to prof rai (and a couple of others including prof jaygo and prog nagaraj- and in spite of political and petty profs like vvk)hope he returns to nls!
Anon 4 Feb 2014, 12:30
+1 -4
Luthra will be relieved!
anon 3 Feb 2014, 16:12
+11 -0
I have know him as my professor at nls and then colleague at luthra. It was a big loss for nls and now a big loss for luthra. Legal minds like his are rare to find. A great mentor, a very humble, friendly and approachable person, I wish him all the very best in his endeavours.
Guest 4 Feb 2014, 15:37
+3 -0
an excellent mentor..big loss for Luthra.
Ex-student at NLS 4 Feb 2014, 15:42
+2 -0
Best teacher I ever had and the best possible mentor. So very glad that this wonderful man is headed back to teaching. All the best.
Guest 6 Feb 2014, 19:46
+4 -0
Guess who was spotted in the corridors of NLUD today?:)
Inexplicable preferences 7 Feb 2014, 05:59
+3 -0
It is more or less confirmed that he will be joining NLU-Delhi. A wise choice given the poor quality of administration at NLSIU Bangalore in recent years. If Prof. Anil Kumar Rai joins NLU-Delhi, he will be the seventh person in their faculty who has previously taught at NLSIU Bangalore. This gives credence to Sidharth Chauhan's claims that there is something rotten in Nagarbhavi.
Guest 16 Apr 2014, 05:35
+1 -1
Clearly, the most interesting "Recruiting Partner" I have ever come across in any law firm. I still remember how he rejected my application to Luthra & Luthra on the grounds of "internal politics".