Trilegal and Cyril Amarchand Mangaldas (CAM) have continued the small-scale war of partner attrition, with Mumbai-based banking and finance partners Pranav Sharma and Mallika Chopra in the process of being voted into the Trilegal partnership, Bar & Bench reported.
CAM managing partner Cyril Shroff commented to Bar & Bench: “Pranav is an excellent lawyer. He revaluated his life options in the pandemic and decided to move to a smaller platform. He goes with our best wishes.”
Sharma is a 2001 and Chopra a 2008 graduate.
Update 01 June 2021: Trilegal has sent out a press release with several quotes:
Trilegal partner and management committee member Nishant Parikh said: “They are both very accomplished professionals who will add more depth to our practice. We would like to extend a warm welcome to both of them and wish them the very best.”
Head of banking and partner Ameya Khandge added: “We see the growing set of clients that are increasingly active in the debt market creating a strong demand for high quality lawyers and we will continue to invest our efforts in growing this practice over the next few years.
“Pranav and Mallika’s strong focus on corporate and structured finance plays well into Trilegal’s traditional strengths in this space and we are confident that they will make an excellent addition to our team in Mumbai.”
According to the press release:
Pranav Sharma specialises in banking & finance and debt capital markets and has 20 years of in- depth experience in these areas. In addition to acting for leading banks and financial institutions and other credit providers on all forms of onshore and offshore financings, Pranav also regularly represents sponsors and borrowers on such financings…
Mallika Chopra advises across a wide spectrum of banking and financing matters with a special focus on structured debt transactions, real estate and asset backed financings. She regularly represents lenders (both domestic and overseas institutions) as well as private equity sponsors and corporate borrowers…
Pranav and Mallika have acted for sponsors, borrowers, lending institutions (including multilateral agencies) and export credit agencies across a wide spectrum of banking and finance transactions. Their expertise includes acquisition and sponsor finance, real estate finance, share or receivables backed financings, structured finance and trade finance.
Comments
Taj says - wah Taj boliye!!
Trilegal compensates it partners significantly better than most CAM partners.
Nothing stops Cyril from opening that cheque book. Will he actually hire anyone of significance from Trilegal. Or just issue these cutting one liners.
I expect max to max 2 years for Pranav and the other lady.
Bravo NLUJ or whoever you are!
While you are at it, pray tell us ‘max to max’ how long will Covid take to disappear completely? Pretty please?
Hahahah
Jeez.
My guess is that after seeing the future of equity earning potential in CAM as opposed to that in Trilegal, he decided to leave. The pandemic has made everyone stop and re-think.
Trilegal - you're back at wholesale hiring from amarchand. No surprises with the typical two for one hire.
"Whatever happened to the cool, young and hip firm of yore punching above its weight?"
"To hell with firm DNA! Moolah moolah?"
Well crafted comment
Ganesh
Aditya
Jimmy
Shruti
Garima
Mridul
Vaibhav
Kunal G
Harsh M
Nisha
Revenue hit to CAM will result in it becoming a smaller platform!
We are training and you are plucking!
But papa and mumma - money?
That’s reserved for us bacha party. Kam karo, phal hum khayenge. Agar iccha zyada hai - trilegal jao
[img]https://media3.giphy.com/media/a3zqvrH40Cdhu/200.gif[/img]
Cyril with that parting statement comes across as being quite bitter -- and demeaning.
And the goodbye and best wishes -- even if underhanded-- only for one partner? That's quite mean.
What if both partners had issued a statement thanking their erstwhile firm -- and the "small small" man.
A little bit of humility for arrogance comes a painful downfall. Who can forget the LL mess.
There are bigger platforms there are smaller platforms
There are clean platforms there are dirty platforms
There are strong platforms there are shaky platforms
Even if its Mango season, some eat bananas
Life offers different platforms. When you are not strong, you accept even shaky or small platforms.
It all depends on what suits you. Choose any platform but do not go out of form. If you cant adjust at small or shaky platform, choose dirty platform.
Platforms Apne Apne. Apne to Apne hote hain. Sapne to Apne hote hain.
But CAM is often a small-minded platform.
The evident lack of grace in this statement must be attributed to the insane exodus from CAM at this point in time
I've been set free
My God, my Savior has ransomed me
And like a flood, His mercy rains
Unending love, [i][b]Amazing grace[/b][/i]
Maa ka aashirwad.
Have personally worked with Pranav and honestly he is one of the best financing lawyers in India - give him a free hand and he will run [...] circles around LV, Santosh, Amey etc…
CSS is passing snide comments like “smaller platform” coz he knows that is all he can do now. He never ceases to surprise on this front, [...].
And on a side note for all the blind men thinking LV will lead CAM when CSS croaks - do remember, the only thing LV [...] lead are things like ILFS structuring and the botched YBL reconstruction plan.
Before people start defending YBL here, go read the LVB notification and maybe just maybe you will see [...]
Why censor "concentric"?
Trilegal’s gain be AZB loss
His move was a bizarre one anyways given how different AZB is from CAM, where he grew up. My money is on him returning to CAM fold before the end of year!
By the way, how much does a salaried partner at azb makes in fixed salaries (not counting client credit)?
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Mekhla Anand tax partner, Jaya Singhania corporate partner, Anuj Pethia Capital markets partner and Shatarupa leaving CAM not been reported. All partners who left CAM and no longer on our website.