HSA Delhi-Mumbai duo Bhattacharya, Dasgupta split in coup for DSK: Up to 9-partner, 20-associate migration to include Bangalore

Aparajit Bhattacharya (l), Anjan Dasgupta: Ex-Symbi, Trilegal duo decamp
Aparajit Bhattacharya (l), Anjan Dasgupta: Ex-Symbi, Trilegal duo decamp

HSA Advocates senior Delhi corporate partner Aparajit Bhattacharya and senior Mumbai projects partner Anjan Dasgupta have both resigned today, and are understood to be in very advanced discussions to join DSK Legal, according to several sources.

Both are understood to be leaving with their teams, which could include up to seven other partners making up to a total of 27 fee-earners, according to our sources.

It is understood that an HSA Bangalore partner may also be moving as part of the deal.

Bhattacharya specialises in corporate, M&A and private equity, having acted for clients Eternis Fine Chemicals and Hero Electric Vehicles in transactions last year.

Dasgupta is an infrastructrure and energy projects transactional lawyer.

Bhattacharya, a Symbiosis Pune graduate, had begun his career in 2002 at Hindustan Unilever in-house, after articles at Crawford Bayley. In 2003 he had joined Trilegal, moving to HSA in 2004.

Dasgupta, also a Symbi grad, from 2002, had also effectively begun his career at Trilegal (from 2002 to 2004). He has been at HSA for not quite as long as Bhattacharya, but also for a good while: he had joined in 2011 after having been a senior associate at Herbert Smith Freehills in London, where he had worked for four years. Between 2005 and 2007 he had worked at Norton Rose Fulbright in Toronto after an LLM at the University of Toronto.

We have reached out to HSA, DSK, Bhattacharya and Dasgupta for comment.

Comments

Zardari 8 Apr 2019, 18:11
+11 -0
If this is true, then it is the beginning of the end.
Babu bhai 8 Apr 2019, 18:24
+3 -7
Pehla comment mera! Thank you for the likes!
Zen 8 Apr 2019, 18:27
+9 -0
And suddenly, the holes in the ship seemed too many. "Abandon ship!", the men cried in (-)ecstacy.
Jayman 8 Apr 2019, 18:29
+23 -0
We are thinking..I'll let you know. Sir is travelling...
Lexpert 8 Apr 2019, 19:00
+2 -1
Anjan was at Ogilvy Renault and not Norton Rose.. They are both buddies from Symbi days!
Qwerty123 8 Apr 2019, 19:03
+9 -0
Lol only Nand and Bharat holding fort?
Ex 8 Apr 2019, 19:45
+3 -7
Amitabh too.
Totally 8 Apr 2019, 19:16
+21 -17
Hemant will fight back, he always does. Go HS !!!
Travesty 8 Apr 2019, 19:43
+11 -0
What has happened at HSA is nothing short of a travesty. All linked to compensation, nothing less nothing more.

While this is a blow, the show must go on. However if this is how things are continued to be run, curtains for sho.
Observer 9 Apr 2019, 02:48
+11 -12
Aparajit and Anjan should have set up their own firm rather than joining another.
North remembers 9 Apr 2019, 04:58
+4 -13
A coat of red, a coat of gold a lion still has claws, and mine are long and sharp my lord as long and sharp as yours..
And so he spoke.. and so he spoke that lord of Castamere.. but now the rains weep over his hall with not a soul to hear..

HSA will pull through this stall.
Version 9 Apr 2019, 05:25
+8 -3
HSA 2.0 was superb.. now what HSA 3.0..which will be the final nail in the coffin...and chapter closed.
Partners 9 Apr 2019, 05:55
+0 -0
Who all are the partners leaving ???
Partners 9 Apr 2019, 11:46
+4 -1
Aparajit, Anjan, Harvinder, Harsh, Aninda, Akshay, Avinash and Devika
Says JmOn.... 9 Apr 2019, 12:14
+1 -0
What about Buddy and Raju? They staying back to work with AS and BS?
Insider Partner 9 Apr 2019, 12:39
+7 -3
Raju left in Jan only and BS & Buddy would continue with AMS and NKS.

Btw, Harsh & Akshay have backed out from the Gang.... 3 cheers to HS for managing that...
ouch 9 Apr 2019, 05:59
+9 -1
This is a [i]major[/i] blow to HSA. The exits are going to leave a major dent in the HSA corp practice and set them back by years.
Ex HSA 9 Apr 2019, 06:31
+9 -0
Bombay Office to Shut Down or the Managing Partner takes over the firm again. Only time will tell.

Joke on the Name Partner. BoooYaah
Hopeful 9 Apr 2019, 06:41
+20 -2
This is fantastic news for DSK. It's changing it's avatar, which will take the law firms in India head on. The hires from last year show great potential and I am sure the firm will be top most ranked soon. Kudos to Mr. Desai's vision and choice of lawyers to get on board - each one is exceptionally talented and a great name in the market. Congratulations!
Wah 9 Apr 2019, 08:07
+40 -3
Padmini, bas kar pagli...rulayegi kya!!!
Sahi baat 9 Apr 2019, 08:55
+16 -0
congratulations Padmini and dsk
Wah wah 9 Apr 2019, 08:56
+17 -1
There is definitely a buzz around this firm. Teams willing to move is quite an achievement. Third such set of teams, shows that DSK 2.0 is well and truly underway.
KoP 9 Apr 2019, 09:27
+12 -14
Team transplants such as this one seldom work. Let's wait and watch.
Guest 9 Apr 2019, 11:25
+4 -25
HSA is a top top law firm.
HSA will survive.

DSK is getting a bunch of mercenaries.
Ex 9 Apr 2019, 12:02
+6 -2
HSA would survive.

However, Aparajit worked at HSA for 15 years, and Anjan for 10 years - how are they mercenaries? Please enlighten?
Says JmOn.... 9 Apr 2019, 12:08
+14 -0
Guys who gave their blood and soul are 'mercenaries' now!!!! What have you been smoking? The people at the helm are [...] People who choose to stay back are either [...] or are simply staying back because they see a potential to seize this opportunity to step up and take the important spots in the rather depleting ranks. It can be that they are also are in negotiations and place their pawns when the time is right.

All the DRAMA in one single screen.

Nuff material and gossip on this organization to make a soap opera. No shortage of content.

Is THE BIG MAN travelling to the UK again???? :P
Surprised 9 Apr 2019, 11:47
+11 -0
This is a SHOCKER!

4 Senior Equity Partners left HSA in less than 2 months time now. Just when HSA-Mumbai was trying to heal from the exit of Mr. Faizullabhoy and Mr. Jajoo, here comes another BIG BIG BLOW.

This is definitely the BIGGEST COUP in recent times. Sorry to say, but HSA 2.0 has COLLAPSED.
AMS, Nand and Bharat the lone soldiers until they too retreat.
Says JmOn.... 9 Apr 2019, 13:38
+10 -2
Buzz is that ex-associates are being contacted for them to reconsider their current engagements and join back at their times of crisis with the assurance that their compensations will be matched and offering them promotions. The guys must have a lot of gall to even call people up and ask them to reconsider when their bonuses and increments and other legitimate dues were not settled. I am even surprised to even believe that they would reconsider their request after treating people like shit.

Time for the [Slick] talking Name Partner to take this as a lesson and treat people with respect and realize that an organization draws character from the way it treats its resources. If you treat them as paid servants without remunerating them adequately, making false promises, killing their confidence on non issues, all you do is build a [Reputation]. Oh ! I forgot 'Mis*' on the way.

Sorry to say but HSA have brought this on them. [...]
Vigilant Lawyer 10 Apr 2019, 12:00
+3 -3
Comparable with what ensued at KLaw last year with 7 partners and their teams leaving and forming Anoma Legal. They took away the major Corp clients.
Agreed 10 Apr 2019, 14:14
+4 -1
Same set of deprived Partners and APs of their rightfully earned dues led to fall of KLaw.
Agree-2 10 Apr 2019, 14:16
+5 -0
I don't thing KLaw has a single partner in Delhi, apart from Pradeep Ratnam.
Noble Man 10 Apr 2019, 13:31
+7 -1
The remuneration given to Senior Associates in HSA are/ were at par with what FRESHERS get in a decently placed TIER 1-2 firm. Who will stay? Why will they stay? People are bound to move unless there is some proper correction in the policy of the firm.
Magic Square 10 Apr 2019, 02:11
+8 -0
Last nail in the Hemant Sahai Maserati.
oh 10 Apr 2019, 13:06
+1 -0
he has a Maserati?
Observer 11 Apr 2019, 04:05
+0 -0
Aston Martin actually!!!
Lexpert 10 Apr 2019, 12:37
+6 -0
Aparajit has just updated his LinkedIn profile to confirm the move to DSK..
Lexpert 11 Apr 2019, 06:58
+1 -0
And so has Anjaan!!
Ex HSA 10 Apr 2019, 13:53
+9 -0
Sad to see HSA reach this stage. This is what happens when merit is not valued and promises are not kept. Happy for DSK though.
Good God 11 Apr 2019, 01:03
+1 -0
@kian...any update on who all finaly left HSA with this duo as part of the coup and how many Hemant managed to protect.
Just saying 11 Apr 2019, 11:28
+3 -3
It's indeed very sad for HSA...but this was inevitable given the situation at the firm. Hemang would just not monetarily value anyone. And of course low fees and high volume model was further not helping the cause. Good luck to the Partners who have moved to HSA and I believe 6 or 7 of them have moved. Good luck to them and DSK.
insider but not 13 Apr 2019, 23:04
+0 -1
hemang does value people..but only those who are good at arm twisting...salaries of SA are lower then fresher of any tier 1 or 2 law firm. however, the main concern is even in same pay bend salaries are different. ..you want raise...get an offer letter and slap it on the face of him ..he will give you a raise...obviously others will make hue and cry...

time to get out of dream BOSS....start showing some respect and stop talking through your commanders..get to know you workforce ... go to them once without your ego and they will approach you even before problems would start moving...

work force is an asset...... not a liability
Just curious 15 Apr 2019, 21:00
+1 -0
A lot of people have mentioned that the problem was payment ...is that because of arbitrary decisions , or is it that the model of work results in low pay. Also those who saying that SA were paid less than freshers in top tier law firms what kind of remuneration was being offered and accepted at HSA for SAs? Why were people accepting such low payments for so long? Also so many people leaving at the same time......was it just money or does it point to deeper problems?
Cat 18 Apr 2019, 06:57
+2 -0
From what I understand there were severe delays in paying bonus and increments, and even salary
insider 18 Apr 2019, 12:17
+0 -0
basic problem with pay is that they dont hire you for your current skill set but what you were getting earlier. Many lawyers choose to work at a less salary and a lesser known place in order to learn and perfect their skill. people accept low salaries for too long because they believe initially what was promised and give second and third chance...however, at last they had no choice.