J Sagar Associates (JSA) equity partner Mansoor Ali Shoket and ex-JSA salaried partner-turned-in-houser Nitin Kala have started Delhi-based regulatory boutique RegLaw Chambers.

Shoket commented: “We want to be a niche practice in the regulatory space and we want to be cost effective for our clients… We want to concentrate on all regulatory laws, that’s where the main focus would be, but we’re doing other stuff also.”

When questioned about the regulatory space’s potential as a practice area, in which firms such as HSA Advocates and JSA senior partner Amit Kapur operate in, Shoket added that it was “the future”.

“We think that it is going to be very profitable practice,” he said. “All regulatory, particularly, there’s a lot of work in telecoms broadcasting, electricity, power sector, a lot of work in IT and data protection” as well as pharmaceutical drug control work was on the agenda, he said. “So it’s an exciting time as far as regulatory laws are concerned.”

JSA had announced in 2018 that equity partner Shoket was leaving to “pursue [his] dreams”, wishing him well.

Kala had left JSA one year ago as a retained partner, to join median.net, a subsidiary of Mumbai-founded tech company Directi in Dubai, as vice president legal and regulatory.

At JSA, Kala had been in Shoket’s team.

RegLaw Chambers with one office in Delhi’s RK Puram area, currently has a total headcount of 5 fee-earners, including the 2 founding equity partners. But Shoket said that several hires were on the cards and that the firm would grow to 10 fee-earners in the next two to three months, and to possibly 15 to 20 fee-earners thereafter.