AZB & Partners transaction support group (TSG) partner Ami Parikh has left the firm, according to her Linked-in and Bar & Bench.
We understand that her last day at AZB was around two weeks ago.
We had reached out to Parikh for comment last year, and she has now confirmed her leaving and said she was considering her next options.
Parikh had joined AZB in 2017 from Cyril Amarchand Mangaldas (CAM), where she had been running the firm’s legal process outsourcing (LPO)-styled practice, dubbed transaction support group (TSG).
CAM had said at the time of Parikh’s leaving that it was ditching TSG to focus on machine learning, though most of the jury is in agreement that the technology has not quite hit the prime time yet as far as replacing human billers is concerned, in most segments.
At AZB, Parikh also started a transaction support group (TSG) along similar lines as CAM’s former unit, focusing on more commoditised legal work.
That AZB TSG team is understood to now have around 7 fee-earners, and assists a number of the firm’s M&A partners, particularly in due diligence.
AZB managing partner Zia Mody told us that she was a fan of the TSG model. “I support the TSG model and AZB would certainly like to continue with it,” she said.
Mody added that the firm was exploring ways of structuring the team following Parikh’s departure.
Mody had told Bar & Bench: “After 18+ years, Ami is taking some time off for her immediate personal priorities while she considers her future path. We wish her all the best.”
Comments
it is mostly PAs and salaries partners who support. the others up and down work.