AZB Pune homegrown cap markets partner Richa Choudhary leaves

Wednesday, 24 February 2021 By Legally India Law firms

Richa Choudhary to exit AZB
Richa Choudhary to exit AZB

AZB & Partners Pune-based capital markets partner Richa Choudhary has resigned from the firm, as first reported by Bar & Bench.

She had been at AZB for her entire career to date, after graduating from Symbiosis Law School in 2008.

She had been promoted to partner in 2019.

We have reached out to Choudhary for comment.

Update 25 February 2021: She practised in both debt and equity capital markets at AZB.

Managing partner Zia Mody commented to B&B: “We wish Richa all the very best.”

AZB now has three capital markets partners: Varoon Chandra and Lionel D’Almeida in Mumbai and Agnik Bhattacharyya in Delhi.

Richa ChoudharyWork history From: Apr 2019: Partner, AZB & Partners From: Sep 2013: Senior Associate, AZB & Partners From: Jul 2008: Associate, AZB & Partners (Bombay)Education 2008 Symbiosis Law School, BBA, LLB, Law

AZB & PartnersRicha Choudharypartner hires

Comments

Guest 24 Feb 2021, 14:58
+15 -20
What a loss to AZB. Truly an able leader, hard working and knowledgeable lawyer and a wonderful mentor to her juniors.
Oh 24 Feb 2021, 15:14
+3 -1
How come?
AiZiBi 24 Feb 2021, 15:18
+12 -2
CM practice in Pune? Is Induslaa opening an office in Pune?
What a loss 24 Feb 2021, 15:32
+11 -29
Best capital market lawyer in India. What a loss.
Realyy 24 Feb 2021, 17:23
+6 -1
Have you met or worked with All the CM lawyers in India that you say that? Or is it more like an emotional expression?
Richa Trilegal 24 Feb 2021, 18:38
+12 -10
Have you met and worked with her? You won’t ask this question then.
Yes 25 Feb 2021, 05:54
+4 -1
Yes. And still will. What’s your excuse?
Haha 25 Feb 2021, 05:54
+1 -1
This comments is just too much!
Cammie 24 Feb 2021, 15:48
+6 -1
My guess is another Trilegal strike.
Guest 24 Feb 2021, 16:07
+18 -17
Trilegal can't afford her quality
BrBotcgd 27 Feb 2021, 04:45
+1 -1
Respect to Cammie for calling this.
Oh No 24 Feb 2021, 16:38
+20 -0
Can someone tabulate the number of partners who have left AZB?! Something's really wrong with that place, to be losing so many partners and at regular intervals!
Babaji 25 Feb 2021, 05:54
+23 -4
I've heard Z has been culling costs during COVID and asking folks to 'resign' instead of making it sound like a mass-firing that would trigger PR nightmares. Associate level 'resignations' aren't reported anyway and a few partner 'resignations' across the course of a year doesn't trigger alarm bells compared to a mass firing.
AZB Mamaji 25 Feb 2021, 06:57
+8 -21
Well, you have heard wrong. Unlike other firms, we don’t make anyone a partner or mass hire either. We are smart about hiring and that’s why we don’t need to fire either. The caliber of an AZB partner is always better than any other firm. And she was one of Zia’s favourites.
Wow 25 Feb 2021, 09:21
+3 -0
Yes, I have also heard of a few partners who are on a 'sabbatical'.
Pune Percy 25 Feb 2021, 11:14
+17 -0
I can tabulate - but will charge on hourly basis
bosslady 24 Feb 2021, 17:36
+17 -1
She's super accomplished. Apart from her practice at azb, she also owns and manages multiple properties in Pune including Euriska, Swig, Prem's and Kinki.
ok 25 Feb 2021, 05:46
+3 -0
What were the deals she was doing at AZB Pune ? - debt or equity?
Women power 25 Feb 2021, 07:30
+13 -3
First Madhurima, then Richa. In one financial year AZB cap marks has been decimated. Btw heard Richa’s boss is headed to where she is going to.
Ex CM lawyer 25 Feb 2021, 10:47
+6 -1
Kaam kanha hai Capital Markets practice mein? All firms are undercutting price and CM lawyers are suffering in all firms.
Query 25 Feb 2021, 11:09
+0 -1
What is the salary of A2 and A3 in litigation or sectoral practice at tier 1 law firm?
Also what is the usual breakup in fixed and variable component in these salaries?
Exciting Times 25 Feb 2021, 16:47
+5 -0
Heard associates are leaving with her too. Fun times ahead.
NKOTB 25 Feb 2021, 18:38
+5 -6
I am solo non litigating lawyer with about 14 years of work ex with leading law firms in the past. My entrepreneurial set up is about 1 year old. My revenues are almost Rs 55 lakhs. In the current WFH scenario, my costs are negligible. I Am I doing well ? Do you have suggestions, if any ?
Ally Ass 26 Feb 2021, 07:31
+28 -0
Are you happy? If you are happy, you are doing well.
Been there, done that. 27 Feb 2021, 08:07
+3 -0
Firstly, congratulations on starting on your own. I've done this in the past, and will do it again :)

I think in the first year (also pandemic year!) 55 lakh revenue with negligible costs is great! Most importantly, as someone has commented below, if you're happy nothing else matters. And that assumes that that revenue is sufficient to cover your expenses without compromising your (and your family's) lifestyle.

In my view, having key tie ups are important - if you can work out revenue sharing arrangements with a litigating lawyer, it will only add to your practice. All the best!
Good start 28 Feb 2021, 06:34
+0 -0
Revenue is always a very deceptive indicator of a practice. What is important is to be clear on what practice you want to build and how you intend to achieve that. Do you want to gear your practice as an adviser to small businesses without a team or office, or as a m&a team which can execute a transaction mandate your way. How you gear your burn will inevitably depend on what you propose to do with your practice
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