The former AZB partner of six years, whose resignation was first reported by Legally India in October 2012, had started her firm called V Chambers of Law in November 2012 but said that she wanted to initially “keep a low profile”.
“It’s been good so far - it’s been actually very good,” she told Legally India today. “I used to always worry how people look at a start-up but it’s been really good.”
She added that the firm had just completed its first deal – a wind power project financing – though she was unable to disclose the name of the client as it had not yet fully closed.
The firm’s 1,100-square-foot office was based near South Mumbai’s Chhatrapati Shivaji Terminus (CST) station (also known as Victoria Terminus).
While the 1998 NLSIU Bangalore graduate said that she would not move to any other cities to set up new offices, she noted that national expansion would be on the cards in future. “[National] law school guys are there almost in all states – that’s something I’ll always look at,” she mused.
She also confirmed rumours that she had been in talks to join former AZB colleague Vishnu Jerome’s new firm, whose three-partner start-up Alliance Legal broke up in September 2011. However, she added that she had ultimately decided to go on her own.
Legal website Bar & Bench first reported the name of MG’s new firm today.
Comments
Mr Law Schoolite. understand the intention instead of nitpicking. AND before u jump the gun I am not from the Law School!
But I think that something that happened in November and is reported in mid-January is not so very 'newsy' to start with, so I went with a slightly different angle focusing on what has happened at the firm recently, plus other points not covered by B&B.
And yes, we'll be happy to report start-ups' first M&As, or other transactions, and have done so in the past in fact... :)
Arguably and by some logic, it should be bigger news that a start-up firm has got its first piece of work rather than reporting that a lawyer is intending to start a firm or is going to rent office space, for example?
Best wishes,
Kian