Amarchand promotes 13 partners, 70% women, in boon to corporate, comp, lit

Ipsita Dutta (corp Mumbai)
Ipsita Dutta (corp Mumbai)
”)
Amita Choudary (corp Mumbai)
Amita Choudary (corp Mumbai)
”)
Aysswarya Murthi (corp Mumbai)
Aysswarya Murthi (corp Mumbai)
“)Amarchand Mangaldas has internally promoted 13 lawyers to partnership today, with an even split between the Mumbai and Delhi offices.

A total of six partners each were promoted in Mumbai and Delhi, while one additional partner was made up in Bangalore, which is managed from the Mumbai office.

Nine out of the 13 promotions, or almost 70 per cent, are women.

It is understood that the partnership selection process began in February with the evaluation process, followed by internal discussions amongst partners.

In the last week prospective partners then faced interviews with the managing partner, followed by the family board, with the final approval granted by the managing committee.

Delhi managing partner Shardul Shroff commented in a press release that the partner selection process had been “comprehensively revamped” after the Boston Consulting Group (BCG) review last year that resulted in the so-called “Amarchand version 3.0” strategy last October, as first revealed by Legally India.

“All the candidates have been selected after several rigorous rounds of evaluation by the managing partners and the firm’s management committee,” said Shardul Shroff.

“The move also reflects the ‘2 wheels of the bicycle’ concept through promotion of both family and non family talent,” he added, referring to the idea that one wheel represents the founding family partners, while the other represents the non-founder family, which are both co-dependent and won’t function without each other.

The BCG plan also envisages the firm to grow to 1,000 lawyers and 100 partners by 2017.

The size of the partnership now stands at 68 and approximately 550 lawyers.

Corporate practice (5)

Vidyut Gulati (corp Delhi)
Vidyut Gulati (corp Delhi)
”)
Rashmi Pradeep (corp Bgl)
Rashmi Pradeep (corp Bgl)
”)

Amarchand has promoted corporate and M&A lawyers Amita Choudhary, Ipsita Dutta, Aysswarya Murthi in Mumbai (all three are 2005 campus recruits, pictured above).

Choudhary specialises in public M&A, corporate restructuring and joint ventures (JV), Dutta focuses on financial regulatory work, and Murthi works primarily in the financial services sector on corporate and M&A.

Bangalore saw the promotion of Rashmi Pradeep, who joined the firm in 2003 and specialises on corporate and private equity in South India.

In Delhi Vidyut Gulati was elevated, having joined the firm in 2006 as a lateral hire. She has experience in M&A and corporate work and investments in the infrastructure space.

Competition team (3)

Naval Chopra (Delhi)
Naval Chopra (Delhi)
”)
Shweta Shroff (Delhi)
Shweta Shroff (Delhi)
”)**
Nisha Uberoi (Mumbai)
Nisha Uberoi (Mumbai)
”)**Delhi principal associates Naval Chopra and Shweta Shroff Chopra were both promoted to partner in the competition team.

They are Amarchand Delhi managing partner Shardul Shroff’s son-in-law and daughter respectively and joined in 2009.

Principal associate Nisha Uberoi got the nod in the Mumbai office’s competition team. She had first joined the firm from campus in 2002, followed by stints at Ashurst and Rajah & Tann in Singapore.

Disputes (3)

Jasleen K Oberoi (Delhi)
Jasleen K Oberoi (Delhi)
”)
Ruchi Mahajan (Delhi)
Ruchi Mahajan (Delhi)
”)
Indranil D Deshmukh (Mumbai)
Indranil D Deshmukh (Mumbai)
”)****

Ruchi Mahajan and Jasleen Oberoi, both of whom have 12 years of post-qualification experience (PQE), were promoted to partner in Delhi.

Mahajan has been with the firm for nine years.

Oberoi joined in 2008 from Dua Associates, where she was a partner.

Both will focus on developing the practice relating to disputes, corruption laws and white collar crime.

Indranil Deshmukh was elevated as litigation partner in Mumbai, having joined the firm in 2003 from college. He will focus on litigation, as well as developing litigation in Bangalore, Hyderabad and Chennai.

CM and IP (2)

**

Gaurav Gupte (Mumbai)
Gaurav Gupte (Mumbai)
”)
Nitin Masilamani (Delhi)
Nitin Masilamani (Delhi)
”)**Capital markets principal associate Gaurav Gupte (joined in 2005 from campus) was promoted in Mumbai.

Intellectual property (IP) and patents specialist Nitin Masilamani (joined in 2002 from campus) was made up in Delhi.

Mumbai managing partner Cyril Shroff added that the promotions reflected the primary strategy of organic growth and a deep internal bench strength. “This gives us the confidence that we are firmly on track to achieve our ambitions set out as part of BCG engagement, which would make us one of the largest in Asia.”

The partner promotions take retrospective effect from 1 April 2012. Associate promotions will be announced later this month or early next month, it is understood.

In October 2011 Amarchand promoted eight lawyers internally to partner, as five entered the non-family equity pool.

Amarchand Delhi partner and tax head Aseem Chawla resigned from the firm, reported Legally India yesterday.

Comments

Ex-AMSS 5 May 2012, 15:08
+5 -5
Finally, Nitin Masilamani got what he wanted from day 1. If you go through AMSS history of IP team in Delhi office, many people have joined and left in months [...]. By the way, any idea about previous partner Dev Robinson, has he left or the IP team with
- 5 May 2012, 16:56
+4 -4
Dev Robinson is very much at Amarchand Delhi. Nitin was his principal associate.
Anon 5 May 2012, 17:19
+5 -3
The strong message of organic growth is very evident. Many of the partners in Mumbai and a few of those in delhi have a very strong market reputation already. These are great choices and clearly the process seems to have been tightened . Much much better quality than before. To build a true institution organic growth is the only way, three cheers for Amarchand . This is the fundamental difference between Amarchand and the likes of alb and Khaitan etc. awesome for the future of legal talent in india,.
Anon 5 May 2012, 17:20
+5 -5
Congratulations ipsita ! Awesome !
Anon 5 May 2012, 17:23
+5 -4
At delhi Shwetha and naval are excellent. The others are so so . The Mumbai lot is fantastic . Good job Amarchand anyway . Wake up azb . Congratulations to Cyril and Shardul. True visionaries they are .
zzz 6 May 2012, 06:15
+5 -1
That's odd. In fact Delhi lot has atleast 8 or 9 years exp each and bby lot is too young. They would never make partnership in the west! Shardul has always been the more sensible of the two...
young and restless 8 May 2012, 20:04
+1 -0
A batchmate of Gaurav Gupte made partner at a UK law firm earlier this year, so what you say might not be entirely accurate. Experience in years should never be a factor used to eliminate good talented people, or even to make them wait unnecessarily. I'm glad Cyril had the vision to reward these young guns sooner rather than later, otherwise they might have even been tempted to leave. I'm surprised some of the Delhi lot (especially Ruchi, Naval and Nitin) haven't had similar thoughts, having had to wait this long for partnership.

And anyway, it isn't like they've been given equity at their sub-30 ages. They're being designated partners, that's all.
Anon 5 May 2012, 17:29
+1 -0
The competition team is now huge ! Clearly the largest and best in the market. Now with three partners and also pallavi shroff . All the three new additions are superb . Nisha is terrific on merger control stuff. Shwetha on cartels and naval on abusestuff. No other firm comes close. So also financial regulatory . Ipsita has a very strong reputation . Great going amss .
Average Male 5 May 2012, 17:46
+1 -1
Wow. 70% women. That's very interesting, to say the least.. Is AMSS trying to make a point; is it something else; or, have I got it completely wrong?
Anon 5 May 2012, 19:01
+0 -1
AMSS seems to be on the right path. Gaurav Gupta has been a rising star and we have worked with the bom comp law team,Ashwath and Nisha!Look forward to working with them!
illegal 5 May 2012, 19:14
+4 -0
so all the remaining four "silver bullets" of 2008 made partner- wonder if the three who left are kicking themselves...
Hello 6 May 2012, 04:09
+0 -0
Who were the other three?
Abc 6 May 2012, 10:35
+1 -0
I'm sure they are happy with the choices they made. Different people want different things - that's all.
Client 5 May 2012, 19:56
+1 -0
Many congrats to shroff and chopra. Im a client who has worked with both of them on merger control cases and policy. They are world class. Congrats to the dynamic duo. Best, RS
Amita and Nawal 5 May 2012, 20:07
+3 -1
Amita is a rock star in MUM and Nawal is an international star in Delhi. Solid market cred, incredible eye for detail and great BD skills (won't forget them standing and greeting guests as Cyril's kids reception) If this is the future of Shroff & Co. then the others better watch out... Fan
Concerned about AMSS 5 May 2012, 20:49
+8 -0
Why doesn't LI report about the massive attrition rate at AMSS???...what is more alarming is the fact that new recruits are moving out!!

Is is that the aggressive policy adopted by AMSS in a quest to achieve '3.0'is getting hard on the freshers. Shouldn't AMSS be concentrating on making the workplace more comfortable for it's employees??

I once aspired to join AMSS after law school, but after learning about the fact that more that 40% of the 2011 graduates have put in their papers (I know at-least 11 of them) or are considering other options, I have reservations about the firm.

AMSS, please do not be over-aggressive...u should concentrate on retaining talent than just hiring talent!!

All the Best for 3.0.
- 6 May 2012, 00:33
+7 -5
People leaving AMSS could be for a variety of reasons, all of which can not be attributed to AMSS alone. Its a firm which does transactions in large volumes and some of them are fairly complex. This requires associates to be at the top of their game, both in terms of legal skills and working hours. Not everyone has/develops the right skill or is willing to do hard work.

Make no mistake, this place is demanding. The learning curve is steep. If you want to pocket a big fat retainer while doing nothing, this is not the place for you. But if you keep at it and are willing, the experience would nothing compared to any other law firm.

AMSS is also not willing to have people who want to have short CV stints. They want people to have a long term career. So, it is difficult to retain someone, who joined with the objective to complete few years and then move on.

Young graduates joining straight out of law school seldom realize these facts. So, when the realization kicks in, they put in their papers. In some cases, attrition could be for a variety of other reasons, but in case of freshers, this is mostly the case.

AMSS needs to streamline a lot of things to move to version 3.0 and streamlining recruitment is the most important of them all. They need to provide clear picture to young students and recruit only those who show aptitude.
Hello 6 May 2012, 04:09
+0 -0
More details please?
Anon 5 May 2012, 23:52
+0 -1
Great news. Very happy for Nisha. Known her since Singapore. Glad she is in the Mumbai mainstream. .she is terrific. Thanks to overseas experience. Excellent and polished delivery. Mumbai competition team can now really grow. To a big size. Given the massive amount of m and a work Cyril gets.
Also great team at delhi in competition law now. . Really progressive news for Indian legal market.
Anon 5 May 2012, 23:53
+0 -0
Can this pace of partner addition be sustained. .
Anon 5 May 2012, 23:58
+0 -0
1000 lawyers seems to be serious. . Not just idle talk.
I hear that [...] that was making so much noise a few months ago has run into serious internal issues because of reckless lateral hiring. Has put freeze on hires. Internal stars have no hope since firm getting crowded. The amss news is so refreshing. There is clearly a lot tobe said for organic growth. Far far better though very tedious to implement. This is the global model though. When market opens I can only see amss as a serious competitor for foreign firms. Whenever that happens.
Anon 6 May 2012, 02:24
+0 -0
Amongst the Mumbai lot ipsita Amita and Nisha are the superstars. Though Indranil Aysswarya are not too far behind . Exceptional batch of partners. Congratulations. These guys have market standing way above partners in other firms or even most equity partners in amss itself. World class lot. Heard very good things about Shwetha and naval too. The others are not well known as yet and are the run of the mill variety . Good but not great. Though better than most partners in Khaitan jsa azb etc. hope amss can keep producing more like this lot.
Anon 6 May 2012, 02:41
+2 -0
On a catty note , the delhi competition team is a full family affair. Is there scope for anyone else to shine. . . . .? This is the real reason why they lost paku khan. Good for Nisha she is in Mumbai ! in delhi she would get crushed totally. Firm was wise to promote all three . And not just family candidates.
Family Affair 7 May 2012, 22:23
+2 -0
[quote name="Anon"]On a catty note , the delhi competition team is a full family affair. Is there scope for anyone else to shine. . . . .? This is the real reason why they lost paku khan. Good for Nisha she is in Mumbai ! in delhi she would get crushed totally. Firm was wise to promote all three . And not just family candidates.[/quote]


Nisha reports to Ms. Shroff in Delhi. All in the family! When will AMSS be managed like an international firm???
james 8 May 2012, 19:06
+0 -0
Never AMSS will work like a international firm < its Mom And Pop Shop to become a partner either you are son daughter or daugter in law or son in law of a beauruecat < Judge or related to one of them or in PMO office. if a profiling is done of all partners majority will fall in this category. Merit is a joke
In House Counsel 9 May 2012, 07:11
+0 -0
Rather harsh, and not borne out by facts. A significant number of the partners in Delhi and Mumbai are not there because of their connections. There are some, and a lot more associates, but I challenge you to name a single Indian firm which doesn't have the same policy.
AM Insider 17 May 2012, 16:42
+0 -0
Nisha reports to Mr CYRIL Shroff in Bombay, not Mrs Shroff in Delhi.Bombay is very professionally managed on the lines of any international firm.
Monopoly 7 May 2012, 22:46
+10 -0
The "Shroff" family wants to have a monopoly in Competition law. Is the regulator looking at this?
j 6 May 2012, 04:14
+0 -0
Gupte joined in 2005.
NALSARite 6 May 2012, 04:22
+1 -0
So proud of our alumni. These promotions should clear the way for better prospects for Nalsarites at AMSS.
Mediocrity 6 May 2012, 04:49
+1 -0
Everyone who was remotely considered up for partnership has made the grade! At least in Mumbai. What was the rigorous process about? in its drive for growth the firm is heading towards becoming a very large very mediocre law firm. The quality of the partners was the last bastion - but even that seems to have been done away with now - no offense to some of the new partners who genuinely deserve their success.
Lwyr 6 May 2012, 07:48
+0 -0
What is financial regulatory practice? SEBI?
AnonBgl 6 May 2012, 08:45
+0 -0
Well done Rashmi! A fantastic lawyer and senior resource who totally deserves the title!
B2K 6 May 2012, 09:35
+5 -0
Amarchand's promotion of women to partnership goes against the ethos of the Indian culture and tradition. It is also grossly against the order of nature. I call upon the BCI and the government to take immediate and adequate steps to remedy the situation. Hail Back to Kitchen (B2K) movement.
B2B 6 May 2012, 12:33
+9 -1
[quote name="B2K"]Amarchand's promotion of women to partnership goes against the ethos of the Indian culture and tradition. It is also grossly against the order of nature. I call upon the BCI and the government to take immediate and adequate steps to remedy the situation. Hail Back to Kitchen (B2K) movement.[/quote]

Trust me. You don't want these ones in the Kitchen... :)
kianganz 7 May 2012, 08:06
+4 -0
We received a report about this comment (#23, B2K) "propagating inequality. Should be screened!!".

We have allowed this comment to go up since it clearly appears to be ironic and criticises, rather than propagates, inequality.

Please let me know if you disagree or this comment is nevertheless in bad taste and should be moderated.
KoolKat 8 May 2012, 03:07
+2 -0
"clearly appears to be"? Comment 22 IS awesome!

Jeez, you sound like an AMSS associate, Kian. :)
B2B not 2B 9 May 2012, 08:47
+0 -0
B2B, Ipsita is an absolutely fabulous cook!
Anon 6 May 2012, 11:22
+0 -0
What about associate promotions ? And equity partners. These are all salaried variety. The real test is how much equity they share. Will they really go down to 40 P c as family?
Anon 6 May 2012, 11:23
+3 -0
70 pc women! They need a reservation for men!
zhou 6 May 2012, 12:17
+10 -0
This is a bad strategy and it seems things are worse at amss than it appears. 3-4 of these promotees are genuinely good lawyers (although they could easily have been promoted a year later). Most are not bad lawyers but are by no means deserving of a partnership yet. They are okay, average run-of-the-mill lawyers and they know it. These do not lead transactions and merely act as go-betweens for the partner-in-charge and the client. By promoting them the message is clear that making partner is no longer a big deal. Plus it demotivates a lot of PA level lawyers most of whom are no worse in ability. Promoting the family members in this manner is a shame. Far better to simply make them partner from day 1 and spare everyone this drama of being 'professional'.
zhou 6 May 2012, 14:03
+2 -0
To add to the above, upto 3 years ago making partner at a firm like AMSS or AZB was a big deal. either the lawyers were really bringing in the money (new clients) or were exceptionally good at legal analysis. Since then, all this has been traded for ordinary talent. These new partners might be a notch above luthra or trilegal or jsa but does that alone mean good ground for becoming partner. Anyway, AMSS cannot keep diluting the brand value of being a partner for too long in this manner or they run the risk of ruining the value of that position.
Query for Zhou 6 May 2012, 16:06
+0 -0
Are you an Amarchand insider or have you worked with these people? Genuinely curious as you seem to be only one of two people on this entire thread who has a contrary (and very specifically contrary may I add) view.
zhou 7 May 2012, 00:35
+12 -0
I've been at law school with some of these and worked extensively with them on several transactions. IMO Amarchand is passing through a rough phase and these promotions are the last card the shroffs have to keep their flock going, dangling the carrot of promotions for next year. Many reasons it cant work. One, the new partners are mostly mediocre, as I have already pointed out. Two, their practice areas either already have enough partners or are non-existent or not big enough to support a partner. 'financial regulatory work', 'white collar crime', is cyril serious?? In my old employment, a UK firm, partnership was a VERY serious thing awarded only after about 9+ years of extensive PQE, initiative, proven team leadership and also need for a partner. A brilliant lawyer specialising in labour disputes would take much longer to become partner than a banking lawyer. It seems AMSS had already decided to promote 13 and then went about looking for whom to promote. They have in fact had a loss of several capable PAs in the last 2 years and if those had not left, no way these ladies would be partner today. Administratively these promotions will probably mean nothing, these people will continue doing the same thing in the same role. It will also reduce the ability to make new partners next year. Plus the PQE bar has been lowered indiscriminately. soon even lawyers will 5 year PQE will be made partner. I also think that some of these new partners have the wrong traits, too competitive, little unscrupulous, etc. If so, that will only send more wrong precedents.
Query for Zhou 7 May 2012, 04:57
+0 -0
Interesting perspective. Thank you for your response.
Wow AMS 7 May 2012, 06:39
+1 -0
[quote name="zhou"]I've been at law school with some of these and worked extensively with them on several transactions. IMO Amarchand is passing through a rough phase and these promotions are the last card the shroffs have to keep their flock going, dangling the carrot of promotions for next year. Many reasons it cant work. One, the new partners are mostly mediocre, as I have already pointed out. Two, their practice areas either already have enough partners or are non-existent or not big enough to support a partner. 'financial regulatory work', 'white collar crime', is cyril serious?? In my old employment, a UK firm, partnership was a VERY serious thing awarded only after about 9+ years of extensive PQE, initiative, proven team leadership and also need for a partner. A brilliant lawyer specialising in labour disputes would take much longer to become partner than a banking lawyer. It seems AMSS had already decided to promote 13 and then went about looking for whom to promote. They have in fact had a loss of several capable PAs in the last 2 years and if those had not left, no way these ladies would be partner today. Administratively these promotions will probably mean nothing, these people will continue doing the same thing in the same role. It will also reduce the ability to make new partners next year. Plus the PQE bar has been lowered indiscriminately. soon even lawyers will 5 year PQE will be made partner. I also think that some of these new partners have the wrong traits, too competitive, little unscrupulous, etc. If so, that will only send more wrong precedents.[/quote]

In fact, as far as I am aware, pretty much everyone who was up for partnership has been given a partnership (certainly in Mumbai I have not heard of anyone who was up for partnership who has been passed over)- so the question of distilling quality does not arise- I wonder if any of these lawyers have any clients of their own, or are they glorified senior associates to service Cyril's clients?
lawyer 8 May 2012, 04:52
+0 -0
As far as you're aware, you're wrong. There are so many things wrong with your statement.

Firstly, not everyone who was up for partnership has been given one. From what i hear, it was a multi-stage exercise where some people made it and some didn't.

Secondly, partnerships are not just given out like candy. They have to be earned. AMSS has a reputation to keep (one which takes years to develop and one small mistake to destroy) so surely they would have kept an eye on quality.

Thirdly, these new partners would surely have clients of their own. it would be silly to believe they would be invited to the partnership without bringing any value.
Wow AMS 8 May 2012, 12:07
+1 -0
@ lawyer, multi-stage exercise, some people made it, some people didn't- is it? And what happened to the people who didn't? left the Firm became off-counsel? Of-course it is not fair to name people, but I doubt if you would be able to come up with even one name who was eligible for partnership and was not promoted. Secondly do remember that AMSS does have a habit of making "batch promotions"- it happened once before 2008 or 2009- only one of the 4 or 5 people made equity partner till this stage, which does speak volumes of the model. Third, of course they have value, they execute work and they enhance the dreams of a 1000 lawyer firm- so that the revenue is always concentrated on Cyril's team and there is justification in the relatively paltry equity that goes to non-family.
lawyer 8 May 2012, 13:03
+0 -0
People are rejected from partnerships for a whole host of reasons. Too early for them, practice area plateauing out, too many partners in a certain area, who knows? What happens to them after? Some stay on, some think about leaving, some actually leave. Again, no one but the management and HR at the firm in question actually knows. My point is that unless you have concrete answers, your assumption that everyone who was up for partnership got it, is unwarranted.

And in relation to your batch promotions idea. So a quarter of the people who made partners only 3 years ago have made equity partner. That sounds like a pretty good return and model in my book. That's precisely what the pyramid should look like.

And your final comment scarcely warrants a response as you are clearly bitter over something AMSS has done to you. Do you genuinely believe a firm with ambitions of having 1000 lawyers is being geared only sustain and grow one team?
Wow AMS 8 May 2012, 14:48
+0 -0
I read the last paragraph- and realize you know jack all about AMSS - or are a propaganda machine. In either case, it does not really matter what you think and know.
lawyer 8 May 2012, 15:08
+0 -0
My precise point in the first paragraph was that I don't know. And that neither do you. Nor does any outsider.

And I completely agree that what I think doesn't matter.

What matters is that you are convinced an army of a 1000 lawyers is being programmed to cater to the needs of just one team.

That is something I cannot agree with. No matter how little I think or know.

Additionally, so either I know nothing about AMSS or I am a propaganda machine (that would imply I know quite a bit about AMSS), yet you cannot figure out which one of the these two polar opposites I am? I bet you use that same intellect to make assumptions on how firms (that you are not a part of) function.
Wow AMS 8 May 2012, 17:49
+0 -0
My entire point was that the statements you were making could be made in one of two circumstance, either without an iota of knowledge about AMSS, or by deliberately ignoring that knowledge- as you can see, they are not necessarily contradictory. I also said it doesn't matter what you think or know in the context of either of the circumstances I have outlined. Finally, you don'r have to be sitting within a Firm to know what happens there, no?
Double Wow 8 May 2012, 19:51
+1 -0
@ Wow AMS
Lawyer is clearly an Amarchand insider. You have to be either very ignorant or plain stupid to not see that those two are not necessarily contradictory

I'm going to have to disagree with you on the "salaried partners being created to serve Cyril's clients" bit though. Is there any evidence to suggest that salaried partners only work under Shroff partners? Do Ashwath in Bombay, or Gunjan and Jatin in Delhi, have no salaried partners being created from the associates under them? If they do, then will these salaried partners not be servicing their clients, thus increasing their claim to a larger stake in the equity pool? Are you suggesting that there is some scheme that has been hatched to ensure that only principal associates from teams headed by Shroff partners make salaried partner? Surely that isn't true!

Also, while often new partners don't have sufficient clients to sustain a stand-alone business, their elevation to partner might be crucial to them creating such business relationships. As general counsel of a top-tier company in India, if I was paying Amarchand Mangaldas to do my work for me, I don't think I'd be happy with the team doing my work being headed by a principal associate. The partner tag is pretty important to most clients too.
In House Counsel 9 May 2012, 07:14
+0 -0
There are salaried partners notionally under Vishwanathan, Ashwath, Gunjan and Jatin, but they rely largely on referrals from the Shroffs rather than their reporting equity partners.
Wow AMS 10 May 2012, 05:13
+0 -0
@Double Wow- That is an interesting point and I believe Cyril does see the large business development potential of the partner tag (or at least keeping clients happy by letting them feel that they are getting "partner" attention)- whether it leads to a dilution of the brand is something that has to be seen. It would also need to be seem whether in an increasingly sophisticated market,for how long would clients be comfortable paying the 100 USD (or whatever it is) hourly rate differential between a partner and a principal associate, unless there is a vast difference in approach and experience.
Query for Zhou 8 May 2012, 03:12
+0 -0
Too competitive, little unscrupulous. Very interesting. Care to elaborate? Any professional ethics concerns? No names, just curious about the state of the legal profession.

Thanks.
agree with Zhou 7 May 2012, 01:41
+6 -0
The new partners at Mumbai may be rockstars, but being made a partner in such short time actually dilutes the position of the entire partnership. At any firm in the west, partners are expected to have not only skills but also experience, a lot of experience. These new partners may have excellent skills, but the lack of substantial experience would be an important factor.

As a client, I would never let any of these younger lot handle my matters alone, specially important ones. There has to be a Cyril/Ashwat like partner supervising them.

The new partners at Delhi, except Naval and Shweta, are not even rockstars. Their closeness to the people who matter is well known. They are good lawyers, but do not fit the shoes of a partner.

AMSS wants to achieve 1000 lawyers, but if this is how they plan to achieve it, then it is going to become another mediocre firm.

The quality of associates has also gone down. They really need to work on it.

As a client, I prefer AMSS over Luthra/Trilegal/JSA any day, despite young people handling my matter. But if this is how they are managing talent and developing talent, I would have no where to go.

Let those foreign firms come in so that these sleeping Indian firms can wake up and smell the coffee.

As of now, all my work, at any law firm is specifically entrusted to a senior partner, these youngsters do it in practice, but under the supervision of a senior partner.
NALSARwallah 7 May 2012, 07:33
+1 -0
"The new partners at Delhi, except Naval and Shweta, are not even rockstars. Their closeness to the people who matter is well known. They are good lawyers, but do not fit the shoes of a partner."

Dude, are you serious? Shweta is Shardul's daughter, and Naval is her husband. Leave aside aspersions of doubt as to the others' competence, the least you can do is not distinguish these two as not being close to the people who matter.
james 8 May 2012, 19:08
+0 -0
has any body heard about the corporate partner from delhi, any deals in the news , what is the visiblity
r 6 May 2012, 13:01
+0 -0
Thank god the post hasn't mentioned which law schools these guys are from. Otherwise we would have had another slugfest here. Congratulations to all.
Associate 6 May 2012, 20:01
+0 -0
No need to argue. They are all from National Law School.
NALSARwallah 7 May 2012, 07:35
+1 -0
Ipsita's from NUJS. Aysswarya and Amita from NALSAR. Nisha I think is NLS. Nitin is definitely NLS. Naval and Shweta are overseas graduates. Jasleen and Ruchi are DU, I think. Rest no clue.
suparna 15 May 2012, 08:03
+2 -0
Naval Chopra is an ILS law college passout...
Anon 7 May 2012, 08:41
+1 -0
You have no idea what you are talking about... a common law school trait!
The True Insider 9 May 2012, 09:39
+0 -0
I can tell you NALSARwallah is more or less right. Also, look at comment 31. Your response is pointless unless you have contrary facts. But logical reasoning and argumentation again, are common law school traits.
Competing Lawyer 6 May 2012, 13:11
+4 -2
The competition team promotions are very interesting. Nisha is the sole partner in the much larger Mumbai practice! She is top notch. She has the technical expertise and the client skills. Ashurt miss her even now. Clients admire her skill and poise.

Cyril is smart to have her in Mumbai. He has proved his business acumen yet again. DELHI won't be happy with this alternate competition team in Mumbai.

The Chopras in Delhi are family [...].

Well done Nisha.
Ex- AMSS 10 May 2012, 10:33
+0 -0
Mumbai competition practice sounds good..! heard tht, they recently hired some bond frm delhi in their team..! tough time ahead for delhi team..!
Law watcher 6 May 2012, 13:53
+0 -0
Well done all. Nitin is a great guy. Glad they recognised him.

Nisha Uberoi- one of the smartest lawyers around. Very competent and knowledgeable. Formidable reputation in Singapore and now in India. Singapore's loss is Mumbai's gain.

Congrats to all.
Hmmm 6 May 2012, 16:05
+1 -0
When you have 13 partner promotions, and all salaried, with no new equity partners, and the total count is nearing 70, it is not hard to figure the focus is simply on numbers, probably at the cost of quality. Partner promotions in other firms - even if only half the size of AMSS - seem more reflective of merit.
mmmH 9 May 2012, 05:50
+0 -0
Didn't AMSS add 4-5 equity partners late last year? I don't suppose increasing that pool happens very often...
Competition law competitor 6 May 2012, 17:54
+4 -1
Naval and Shweta have an awesome reputation at the Competition Commission. None of us can beat that. Glad to know they have become partners DESPITE them being family members.
Real Lawyer 17 Jun 2012, 12:12
+1 -0
[quote name="Competition law competitor"]Naval and Shweta have an awesome reputation at the Competition Commission. None of us can beat that. Glad to know they have become partners DESPITE them being family members.[/quote]

"None of us"???? Ever heard of Samir Gandhi,Nisha Uberoi, Anand Pathak, Farhad Sorabjee, Manas Chaudhri and Amitabh Kumar. Not to forget Shuva Mandal!!! Hilarious propaganda...
Law School wise 6 May 2012, 18:21
+2 -0
On another note, out of these 12 lawyers (excluding Shweta who is a family and a Cardiff Law graduate), there is a judicious mix from different law schools:

NLSIU: 4
DU Law Faculty: 3
Nalsar: 2
NUJS: 1
GLC: 1
ILS: 1
Stuck!!! 6 May 2012, 19:51
+2 -0
Well done AMSS!

Promoting talent that deserves promotion. Some of the other so called "top tier" firms need to follow suit!!
M 7 May 2012, 00:45
+1 -0
[quote name="Stuck!!!"]Well done AMSS!

Promoting talent that deserves promotion. Some of the other so called "top tier" firms need to follow suit!![/quote]

Some of the top tier and most of the 2nd and 3rd tier firms should set aside their tier 1 ego and promote talant that deserves promotion!
aa 6 May 2012, 20:06
+23 -0
The Shroffs should make Balaji a partner as he has done the most for the firm by filing the petition against foreign law firms.
Salary? 6 May 2012, 23:35
+1 -0
What would be the salary for these new partners? Any guesses?
Money matters 7 May 2012, 05:07
+0 -0
70-75 lakhs?
anon 7 May 2012, 05:30
+1 -0
[quote name="Money matters"]70-75 lakhs?[/quote]
Guess, this kind of money is paid to PA. Salaried partners would be getting above 1 crore. Anyone in the know?
Insider 7 May 2012, 06:51
+1 -0
Should be around 1 Crore or thereabout
The True Insider 7 May 2012, 07:37
+1 -0
Nonsense. I.P. and Litigation partners make way lesser than a crore on just making partner. Corporate partners in New Delhi and Mumbai a crore plus change (in the 1.1-1.3) bracket.
Managing Partner 7 May 2012, 08:21
+0 -0
that sounds a bit high. what are the other BigLaw paying?
New Insider 7 May 2012, 10:26
+0 -0
Around 1 Cr is what I am aware of at most top tier firms for new salary/retainer partners
The True Insider 7 May 2012, 11:13
+1 -0
Individual I.P. and Litigation teams traditionally do not generate enough revenue to sustain a crore salary to partners. The figure for them would be closer to 70. Corporate partners made in 2010 started with 1.1 crore. Doubt that figure'd change much in two years.
true true insider 7 May 2012, 11:41
+0 -0
85L - thats the number
Not an Insider 7 May 2012, 21:36
+1 -0
Kian should know this - aren't you covering these positions in your salary survey as well Kian? Would you be able to provide some insights into the figures on this. As an outsider (an Associate in a UK firm), I'm very interested in knowing what the compensation structure is in Indian firms. Unlike the markets in the west (both US and UK) where the figures are very transparent, which generally helps everyone around; in India, law firm compensation at least at the mid to top levels is still some what of a mystery. It would help a lot if you could give some hard figures on this.
LawFirmite 8 May 2012, 10:59
+0 -0
Kian - what say you? Any reliable info on the numbers?
kianganz 8 May 2012, 12:15
+2 -0
Still in the process of analysing the salary survey at the moment.

From other research and market information, I understand that the insiders, or not, above are fairly close to the mark. At a firm like Amarchand, junior partners may start on Rs 70 lakh in some practice areas, up to Rs 1 crore or even more in some cases with bonus.

Again, this fluctuates quite widely across practice areas... Will keep you posted.

If you haven't yet, please encourage people to participate in the salary survey and take part yourself to get more insider data once we've done a final analysis.

Best wishes
Kian
True Insider 9 May 2012, 09:33
+0 -0
True True Insider, koi shak?
Ashurst Alum 7 May 2012, 05:29
+2 -0
Well done Nisha! Ashurst's network just got stronger, and we still miss you here!
harishchandra 7 May 2012, 06:03
+0 -0
gaurav joined in 2005. pls make correction.
kianganz 7 May 2012, 06:29
+0 -0
Thanks - there was an error in the original press release. We have now corrected the story.

Best regards
Kian
Anon 7 May 2012, 06:29
+0 -0
What about Aarti Joshi?
NUJS 7 May 2012, 08:04
+4 -0
First NUJS partner I think (no offence to any startups). Way to go Ipsi!
No Offence 7 May 2012, 08:46
+3 -0
[quote name="NUJS"]First NUJS partner I think (no offence to any startups). Way to go Ipsi![/quote]

First NUJS Partner at a major law firm - I dont think any of the startups would take offense. Congratulations Ipsi!! :)
Intertoll 7 May 2012, 09:11
+2 -0
Delhi finally gets some real litigators at partners. Jasleen is an excellent orator. Her juniors have always been in awe of her performances before the Delhi High Court, and in arbitrations.
In House Counsel 7 May 2012, 10:37
+1 -0
At the outset, I would like to congratulate the people who have been made partners. I have no doubt whatsoever that they are excellent at client servicing. However, what I do wonder about is whether AMSS applies business development as a criteria at all when promoting associates to partnership.

Other than Naval Chopra and Shweta Shroff Chopra (for obvious reasons), none of those made partner can in the short or medium run aspire to be a rainmaker. It would be interesting to see if any of these partners brings in a new client or repeat mandates from existing clients on their own. The only ones who are known as go-to lawyers in their own right are Rashmi Pradeep, Amita Chaudhry and Gaurav Gupte. Its still too early to say if Nisha Uberoi and Nitin Masilamani can fulfill this role, and for the rest, I can only hope that they prove that they are better than associates on this count.

I always imagined that domestic and international firms looked at the ability to generate business (as opposed to merely client servicing) as the key distinguishing factor between an associate and a partner. I am happy to be corrected, but I think AMSS is unusual in its approach of promoting people based only on tenure and client servicing ability.
In House Counsel 7 May 2012, 10:47
+0 -0
Sorry, but must add Ipsita Dutta to the list of lawyers who is considered as a "go-to" lawyer. My bad.
Anon 7 May 2012, 11:16
+1 -0
I disagree. I'd figure in a firm helmed by formidable rainmakers as the Shroff family, the focus ought to be on legal excellence, which would lead to client retention. These folks can start off working with clients pulled in solely by the Shroffs, and rely on client satisfaction and recommendations for future business development. It's not like AMSS needs new clients immediately, they can wait for these partners to grow into their own.
In House Counsel 7 May 2012, 11:37
+0 -0
[quote name="Anon"]I disagree. I'd figure in a firm helmed by formidable rainmakers as the Shroff family, the focus ought to be on legal excellence, which would lead to client retention. These folks can start off working with clients pulled in solely by the Shroffs, and rely on client satisfaction and recommendations for future business development. It's not like AMSS needs new clients immediately, they can wait for these partners to grow into their own.[/quote]

Perhaps that is the approach the Shroffs have adopted. But it hardly seems to be the trend across the Indian legal market. Almost every partner at AZB, other than A, Z an B, has an independent client base, which they need to demonstrate to even be made a partner. A lot of senior people who return to Indian firms from US or UK firms do so only because they are unable to bring in the clients required to make it to partnership. However, at AMSS, this clearly doesn't seem to be a factor. Even some of the existing, older partners are happy to trade on the AMSS name, and don't work to retain clients, let along bringing in new ones.

On the point of whether AMSS needs new clients, I think this is hardly worth debating. If they intend to grow to a 1000 lawyers, they need new clients. Existing clients aren't suddenly going to pay extra to allow AMSS to grow, nor are the other firms in the market folding up any time soon, to force companies to flock to them. I don't think its fair on the Shroff brothers to have to make rain for all the partners under them, especially when the partners want to be treated as true partners.

Of course, over a 20 year period, anyone can become a rainmaker. The point is whether they can prove their client development skills to meet the 3.0 targets. On this I have serious doubts.
Anon 7 May 2012, 11:50
+1 -0
With respect, I'd disagree that other firms, including AZB is packed with rainmakers. I've been in the law firm circuit for nearly five years now, and one thing that's plenty clear to me at least is that AMSS, AZB and L&L have a handful of partners that can be called rainmakers. AZB New Delhi has AB, HS, PB, AK and GS (I think the initials should be sufficient for the knowledgable). It's purely academic to talk about individual client-pulling ability in firms of this stature, because I'd think more than half your client base would at least initiate discussion with you because of the firm's name, not your own. While individual partners in all firms have some stable client bases, surely you don't believe most partners have great B.D. skills? Also, Amarchand's expansion plan to 1,000 seems like a modest figure for its existing client base, and existing B.D. strategies. It's fairly common knowledge inside AMSS that the Shroffs treat individual partners pulling in clients as an extra, their stable workflow is from their own family's humongous political and professional network (for instance, connect the new Ahmedabad office opening to another, recent, not-so-well reported engagement announcement). You'll see what I mean.
In House Counsel 7 May 2012, 12:29
+0 -0
So let me make it clear that I completely agree with you on 3 points -

1. Not all law firms and not even all partners at major law firms are rainmakers.

2. The Shroff family will remain head and shoulders above any other lawyer in pulling in work on account of their business, political and personal connections.

3. Currently at AMSS, most non-family partners only service matters brought in by the family partners. There are some exceptions, but even these rely on the AMSS brand name.

BUT, where I disagree with you is that certain firms like AZB, Trilegal and JSA do not promoter lawyers to partnership solely to service work brought in by the "name" partners. They approach business and client development far more seriously than I have seen with AM partners. This is the way international firms have managed to survive beyond the founding members, and have become institutions.

Let's take a hypothetical scenario - if the entire Shroff family were to vanish, would AMSS retain its position in the market? I don't see that problem with AZB if the big 3 were to vanish. Compare the ratio of rainmakers to partners at AZB Delhi to the ratio of rainmakers to partners in AMSS Delhi, and you will have your answer.
G 8 May 2012, 09:25
+0 -0
Admittedly, AZB and JSA are different from AMSS, Khaitan. What is Luthra like? I have my doubts about trilegal though - from what I've heard, most of their instructions are either from A&O or through the "political network" of a particular founding partner.
In House Counsel 9 May 2012, 07:18
+0 -0
Some A&O referrals, but Trilegal certainly isn't relying on the political connections at the momemnt. If you know the connection, you know why they can't rely on it.

Luthra relies on the big man's excellent connections with the government to get their own work, and amongst the big firms, I think they get the least proportion of their work as referrals from international firms.
Anon 9 May 2012, 09:53
+0 -0
In House Consel, that's actually what I do believe. At least in New Delhi, the number of non-core rainmakers at AMSS would be more than at AZB. I don't think AZB would suffer any lesser than AMSS without its founding partners. Trilegal as someone correctly pointed out, has A&O as its primary rainmaker, so the core partner argument doesn't apply. Luthra has the least amount of rainmakers (apart from RL and MS and to an extent, MM, most people don't even know the names of the other partners).
AZB? 9 May 2012, 16:24
+0 -0
Other than AB, i cant figure out/never heard of the others. Thats enough to say about the rainmakers in AZB delhi!!!
lawyer 8 May 2012, 05:08
+0 -0
I know that many senior Indian lawyers returning from UK bring along a steady stream of referral work from their former firms and other UK firms with whom they have built a good reputation. I do India work in a UK firm and personally prefer referring work amongst 3/4 former Indian lawyers who had worked in UK. When i return i have been promised referral work from my current firm (which is reasonably modest, from a London revenue generation perspective.
In House Counsel 8 May 2012, 06:16
+0 -0
Firstly, very few of the new partners are alumni of US or UK firms. Those who are, used to work with UK firms with well established Indian referral arrangements. Its hard to see White and Case, Freshfields, Ashurst or Clifford Chance sending work to Indian lawyers who worked there for a couple of years, unless they are senior enough or work at firms where they already have established relationships.

With US and UK firms which do not have strong referral arrangements in India, I agree that these alums will get dibs on the India-bound work. But that does not appear to have been a criteria for these particular individuals.
Seconder 7 May 2012, 11:36
+0 -0
[quote name="In House Counsel"]At the outset, I would like to congratulate the people who have been made partners. I have no doubt whatsoever that they are excellent at client servicing. However, what I do wonder about is whether AMSS applies business development as a criteria at all when promoting associates to partnership.

Other than Naval Chopra and Shweta Shroff Chopra (for obvious reasons), none of those made partner can in the short or medium run aspire to be a rainmaker. It would be interesting to see if any of these partners brings in a new client or repeat mandates from existing clients on their own. The only ones who are known as go-to lawyers in their own right are Rashmi Pradeep, Amita Chaudhry and Gaurav Gupte. Its still too early to say if Nisha Uberoi and Nitin Masilamani can fulfill this role, and for the rest, I can only hope that they prove that they are better than associates on this count.

I always imagined that domestic and international firms looked at the ability to generate business (as opposed to merely client servicing) as the key distinguishing factor between an associate and a partner. I am happy to be corrected, but I think AMSS is unusual in its approach of promoting people based only on tenure and client servicing ability.[/quote]

You are absolutely correct. A Partners role is to create new business and at the same time, lead the team. Both these abilities need to be weighed in equal proportions. Sadly some of our firms do not follow this concept.
abc 7 May 2012, 11:36
+1 -0
You are judgmental - arent you?! Is this only your opinion ?

Or are you the editor of "go to lawyers" weekly - where you have done some sort of study ? What makes people like you think you are qualified in any way to identify the "go to" lawyers at amss ? What a waste of time.

I would simply congratulate everyone who has made it to the partnership and IGNORE comments like these.
In House Counsel 7 May 2012, 11:44
+1 -0
[quote name="abc"]You are judgmental - arent you?! Is this only your opinion ?

Or are you the editor of "go to lawyers" weekly - where you have done some sort of study ? What makes people like you think you are qualified in any way to identify the "go to" lawyers at amss ? What a waste of time.

I would simply congratulate everyone who has made it to the partnership and IGNORE comments like these.[/quote]

I have neither claimed to be the editor of a weekly nor the author of a study. What I certainly do is to try and understand which lawyers I can go to as a client, and I deal with AM lawyers across the ranks on a daily basis.

In any case, if you feel I am being unfair to them, then you can action your suggestion and choose not to read my comment.
abc 7 May 2012, 12:11
+1 -0
Well, for the future, keep in mind that its possible that you just havent had a chance to work with the others (unless you are one of those exceptional individuals who have worked with ALL of these people at AMSS).

I think the the firm's collective judgment is best qualified to decide whom to elevate to partnership.

I can understand expressing disagreement with the general strategy of a firm - but to express opinions on individual lawyers and suggest that the others are not good enough (especially when you are doing it anonymously) ... thats just not done.
In House Counsel 7 May 2012, 12:35
+1 -0
Well, I would happily point out that I was doing exactly what you think I wasn't. My comment was on the policy AMSS applies in promoting people to partnership, not on indiviuals. If anything, my point was to say that none of the indiviuals (including those named) seem to have the skill of client development. To repeat what I have said earlier, they seem to have been promoted on the basis of their work and tenure. I have never said nor implied that they are not good at their work.

On the point of anonymity, pot-kettle-black.
Abc 7 May 2012, 14:30
+1 -0
Even on merit, I dont like the sound of your argument. Would you give your work to some one whose business card read " principal associate" ? Likely not.

There is little point in comparing Indian firms, with the firms in the US or London. The fact is that the market is different. Firms like amarchand are investing in young lawyers and giving them a chance to carve a niche for themselves. I congratulate CSS for having the patience and vision to do what he is doing.

On the question of whether some of them could have done with an extra year here or there ... Maybe you have a point - but client pulling ability can only follow becoming partner. The future of these lawyers will depend on their ability to do some thing more now that they have entered the partnership (here i agree the existing AMSS partnership falls short). Lets at least give them a chance here ....
In House Counsel 8 May 2012, 06:22
+0 -0
In Amarchand, there are partners who generated work as principal (or previously, senior) associates. So there really is no hard and fast rule on whether a client wants only a partner on the matter or not.

I do agree with you that they can grow into the role, and they should be given a chance. But at the risk of sounding repetitive, the idea was not to question the individuals, but the firm's policy.
Wow AMS 8 May 2012, 07:41
+0 -0
[quote name="In House Counsel"]In Amarchand, there are partners who generated work as principal (or previously, senior) associates. So there really is no hard and fast rule on whether a client wants only a partner on the matter or not.

I do agree with you that they can grow into the role, and they should be given a chance. But at the risk of sounding repetitive, the idea was not to question the individuals, but the firm's policy.[/quote]

But I dont see why Rainmakers would continue to remain in AMSS, because of the glass ceiling in equity and because frankly bonuses do not depend on how much work you generate, true rainmakers will inevitably quit...
Anon 7 May 2012, 10:38
+1 -0
It will be interesting to see the PQEs of the people AMSS will promote SA and PA level. If 2005 batch lawyers are making partners at AMSS, firms like Khaitan will see a lot of migration as they have not made any PAs in Mumbai this year and the PA promotions in Delhi were very hush-hush. AZB has not promoted any existing lawyer to SA level in a long time either.
Corp lawyer 7 May 2012, 11:32
+3 -0
That's a hell lot of promotion to partnerships! Great for the guys who made it, but I'd agree with the views put forth by a few here about the dilution on the title of Partnership. Things are given too easily and too soon at times. Not casting aspersions on those promoted, but I've hardly heard of most of these folks in the market (barring a few). Probably the second BCG review prompted this round of promotions along with concerns about senior resources leaving for greener pastures.
Anon 2 7 May 2012, 11:33
+0 -0
I agree with the comment at 41. Other firms will need to watch out as such promotions would obviously be an important consideration for people looking to move jobs.
north indian 7 May 2012, 12:44
+6 -0
this promotion news shows that AMSS is anti north indians.
anon 7 May 2012, 12:50
+2 -0
@ north indian: what an idiotic comment this is?!
north indian 8 May 2012, 07:42
+2 -0
you should go back to school and learn how and where to use punctuation marks and while you are at it, join the class which teaches sentence construction.
anon 8 May 2012, 09:45
+3 -0
Don't make a fool of yourself by making an issue out of nowhere!
north indian 8 May 2012, 11:35
+1 -0
Are you a lawyer? Your language skills worry me. This country needs better lawyers who have command over the language of the law.
anon 8 May 2012, 12:51
+8 -0
Forget language skills! Do yourself a favour and go get some common sense!
Pan Indian 7 May 2012, 12:51
+5 -0
Anti south Indian, east Indian and west Indian too!
jamaican lawyer 7 May 2012, 13:44
+14 -0
[quote name="Pan Indian"]Anti south Indian, east Indian and west Indian too![/quote]

it's true. no lawyers from the carribean on the promotion list!
Pan Indian 8 May 2012, 06:26
+4 -0
Yeah mon! This don be fair to dem rastas!
Seconder 7 May 2012, 13:58
+3 -0
[quote name="north indian"]this promotion news shows that AMSS is anti north indians.[/quote]

I cannot stop laughing at this comment, which at best is idiotic.. to say the very least.

Kian- You should definitely filter such comments that have absolutely NO BEARING on what is being discussed.
Practical 7 May 2012, 17:48
+6 -0
Any news on promotions elsewhere? AZB? Luthra? Trilegal,? These guys seem to have lost off late!
Reporting Standards 7 May 2012, 22:30
+0 -0
Kian/LI team,

Are these promotions essentially promotions to salaried partner designation or has anyone got even 0.0000001 per cent. equity? If not, don't you think that should be brought out in the report?
Hmmm 8 May 2012, 08:47
+0 -0
For the largest part, ownership structures are opaque and new equity induction is not even publicised within the firm. Doubt if Kian can get you that info.
100 Comments 8 May 2012, 06:34
+0 -0
Guys... Post some comments... Let us hit a century of comments..
Ravi Kishan 8 May 2012, 11:59
+0 -0
What the hell u cocky b[...]?! Go and do something productive.
kianganz 8 May 2012, 12:05
+4 -0
Yes, I think this might be a new record. Very entertaining discussion, for the most part! :)
KIAA 8 May 2012, 12:37
+2 -0
wouldnt the KIAA article be the record? Do you have statistics on the most read article ever on LI? :) Would be fun and a revelation into what news sells the best! :)
Legallyblonde 8 May 2012, 12:36
+2 -0
Alright, while this discussion is reaching feverish pitch, it's sad that you diss people like the Chopras. They are rockstar lawyers with impeccable reputations
pelican brief 8 May 2012, 13:08
+1 -0
I agree entirely. They are an absolute pleasure to work with and completely on top of their game.
Red, White and Blonde 8 May 2012, 19:53
+3 -0
Absolutely true. Naval Chopra would have made partner ages ago at any other law firm in India. So congratulations to him having made it here, DESPITE being related to the Shroff family!
Pan Indian 9 May 2012, 07:20
+3 -0
Yes, seriously, being married into the Shroff family is such a HUGE impediment to one's career.
Amss watcher 17 Jun 2012, 13:06
+0 -1
AMARCHAND is a big firm and different reasons can be attributed for making partner but there is no doubt as to why Naval would make partner. All those who think otherwise are also called "CHOPRA".
As Chopra once said 8 May 2012, 14:13
+6 -0
The Chopra's are now the Shroffs!
Rakhi Sawant 8 May 2012, 19:50
+7 -0
two of the newly made partners (they know who the are) (notwithstanding however great they may be as a lawyer) are masters of the the activity by which air is pulled into the mouth. Subtlety is dead!

@Kian- Hope my effort at going roundabout rather than using one word will help you refrain from the "scrap this comment" button!
To Rakhi Sawant 9 May 2012, 06:46
+0 -0
Hmmm.... Not much expected than this from "Rakhi Sawant"..:)
Rakhi Sawant 10 May 2012, 05:53
+0 -0
To "To Rakhi Sawant"

Just imagine I finding it appalling! Considering how low my standards are! :-)

Dont worry, you deserve what you have got! Dont let comments from low lives like Rakhi bother you! Peace!
100 Comments 9 May 2012, 10:43
+0 -0
Hi Kian, How can I read new comments. Its all mixed up. Is there a way you can highlight the new comments. Thanks in advance.
kianganz 9 May 2012, 10:56
+0 -0
The best way to view the latest comments chronologically is to click the orange "RSS feed for comments to this post" button at the bottom of this post.

The URL is:
http://www.legallyindia.com/index.php?option=com_jcomments&task=rss&object_id=2795&object_group=com_content&format=raw

You can also subscribe to this RSS via your favourite feed reader, or even in other ways. You can also see the last 15 or so comments on all stories in the bottom left 'latest comments' box.

Good idea to highlight new comments - will see if we can come up with some software solution.

Best wishes,
Kian
kianganz 9 May 2012, 11:06
+9 -0
By the way, on that note and slightly off topic, an idea I've been toying with: would anyone be at all interested in following a Twitter feed or Facebook page that publishes all comments live, as soon as they go up? Could be fun. In the interest in not going off topic on this long comments thread, please post replies here: http://www.legallyindia.com/Suggestion-box/4863-Anyone-up-for-a-live-comments-flood-Twitter-or-Facebook-feed#4863 or click "Recommend" on my comment here.
PE in-house 9 May 2012, 14:53
+0 -0
Wow! 3 partners for competition law! AMSS is leading the charge here when compared to AZB,JSA, Luthra, Khaitan which have old mrtp souls. Wonder if the old school in these firms will make way for new blood? Both Ravi & Karan at Luthra are gold dust!worked with Daksh (azb) and his knowledge is noteworthy.
blue 9 May 2012, 15:20
+0 -0
it's important to realize that the firm has a large size and view the 13 in perspective. some of the new ones are better than the rest or have fewer substitutes within the firm. having a platform generates reputation so soon even those with a smaller reputation will gain, and quickly. a partnership goes a long way in giving a platform even ashwath guptan got the designation first and then got the reputation.
Biglaw lawyer 9 May 2012, 16:19
+1 -0
These promotions will put lot of pressure on other firms like L&L, AZB, JSA etc to make elevate undeserving lawyers to partnership!!! AMSS really leads the way in upsetting the apple cart.
Justice League 10 May 2012, 09:51
+0 -0
[quote name="Biglaw lawyer"]These promotions will put lot of pressure on other firms like L&L, AZB, JSA etc to make elevate undeserving lawyers to partnership!!! AMSS really leads the way in upsetting the apple cart.[/quote]

At least they HAVE an apple cart. Some of the firms that you mention here don't event know the true value of all the apples in their basket!
Anon 9 May 2012, 16:25
+6 -0
I wish someone quitting a law firm job and starting a micro finance institution would get as much limelight as these ppl who have become partners sitting in front of a laptop and drafting letters and agreements in english.
anon 10 May 2012, 02:23
+3 -1
Corporate lawyer job is not just "sitting in front of a laptop and drafting letters and agreements in english". It also involves tremendous research and requires the right mindset to applying law to a given situation.
G 10 May 2012, 05:39
+3 -0
[quote name="Anon"]I wish someone quitting a law firm job and starting a micro finance institution would get as much limelight as these ppl who have become partners sitting in front of a laptop and drafting letters and agreements in english.[/quote]

Best comment till now on this thread!
Rakhi Sawant 10 May 2012, 05:56
+3 -0
Dear Anon,

Please tell us about your micro finance institution and I will request Kian to publish it...

Dont Feel Bad....you will also have your day...Every dog does...Bow wow!
Anon 10 May 2012, 09:23
+1 -0
@rakhi sawant : Surprise surprise. I hv worked in a top tier Indian law firm in an M&A team for 5 years. And I have found the work totally moronic and lacking in challenge. And this is not taking anything away from the fact that this career is monetarily rewarding. Just that the work could be done by class 12 students who are proficient in english. And no I am not changing that opinion.
Anon 10 May 2012, 09:37
+0 -0
How many class 12 students have you seen working in big law firms in India?
anon 10 May 2012, 09:51
+2 -0
[quote name="Anon"]@rakhi sawant : Surprise surprise. I hv worked in a top tier Indian law firm in an M&A team for 5 years. And I have found the work totally moronic and lacking in challenge. And this is not taking anything away from the fact that this career is monetarily rewarding. Just that the work could be done by class 12 students who are proficient in english. And no I am not changing that opinion.[/quote]

At the least, you don't seem to know head and tail about corporate law/M&A!
Managing Partner 10 May 2012, 10:50
+1 -0
[quote name="anon"][quote name="Anon"]@rakhi sawant : Surprise surprise. I hv worked in a top tier Indian law firm in an M&A team for 5 years. And I have found the work totally moronic and lacking in challenge. And this is not taking anything away from the fact that this career is monetarily rewarding. Just that the work could be done by class 12 students who are proficient in english. And no I am not changing that opinion.[/quote]

At the least, you don't seem to know head and tail about corporate law/M&A![/quote]

and that too after having spent 5 years! I think you use the word moronic well for yourself. bow wow!
12th standard student 10 May 2012, 10:56
+6 -0
In this difficult times and intense competition,I,a 12th standard student from a reputed english medium school, would like to be consider job opportunities in a law firm. Please help. This will help me escape from that four lettered exam called CLAT (and college, and its fees) and hopefully I can become a partner / director by the age of 22 -23.
Pan Indian 10 May 2012, 13:14
+0 -0
Worry not...there will soon be coaching classes on how to crack the Amarchand interview and on filling out the form. Aakash and FIITJEE are already working on it.
Anon 10 May 2012, 10:03
+0 -0
@56.2 : Bow Wow....
AMSS Application Form 11 May 2012, 00:02
+2 -0
The application forms they came with for my year asked people for their parents' and siblings' educational qualifications and their occupation(s). A dear friend aptly replied "Do you want to hire me or my family members" much to the chagrin of the Shroff brothers!

We don't need a caching centre for the forms, but an adoption agency which will find you the right (read Senior IAS and business leaders)adoptive family before you can apply to the 'elite' firm. There is more social mobility in a Magic Circle firm than AMSS, India's Big Law!
The truth 11 May 2012, 07:12
+5 -0
To be successful retainer in a established law firm one must satisfy the following criteria -

Handsome / Beautiful
Good financial back ground
Good command over English language
Artistic passion
Good typing speed
less family responsibility
Staying close to office
a passion for self glorification
love to stay more time in the office
less intelligent than seniors/owners
well connected to enable the firm for beneficial usage
less entrepreneurial quality etc
Litigaytor 11 May 2012, 10:12
+1 -0
There were a few rainmaking A0s, A1s and SAs who also just left AMSS.
Crocodile 11 May 2012, 11:16
+4 -0
Yeah. And a few A0s are now vice-presidents of small African countries.

These comments are meant to be vetted, right?
Rodny Rudy Piper 11 May 2012, 19:25
+0 -0
The Amarchand propaganda machine seems to be in full swing, particularly about certain of the Partners. Now we know what the AMSS head of business development really does.
Radhika 13 May 2012, 08:36
+0 -0
Some of the partner selections are well deserved. Nitin from Delhi and Nisha, Rashmi, Amita and Gaurav from Bombay in terms of delivery, client service and rainmaking ability. The Chopras are family. No rocket science there. Shweta didn't even do her legal degree in India.