IndusLaw moves to bigger Mumbai office, nabs 2-partner lit team from HSA: Amit Jajoo, Sushmita Gandhi

Jajoo (l), Gandhi + team expand Indus lit offering in new Mumbai office
Jajoo (l), Gandhi + team expand Indus lit offering in new Mumbai office
IndusLaw has moved into a larger Mumbai office and has worked at immediately filling the space: HSA Advocates litigation partners Amit Jajoo and Sushmita Gandhi will be joining with their team of six fee-earners.

Jajoo and Gandhi had joined HSA in 2016 as partner and associate partner respectively from Paras Kuhad & Associates, with Gandhi getting promoted to partner a year later.

Jajoo, who will the most senior litigator in Indus’ Mumbai office, commented: “We are primarily into a lot of general civil litigations, we are doing a lot of IBC matters, banking litigations, one of the biggest IPR litigations with respect to patent violations, and a few [large] infrastructure arbitrations.”

They will grow Indus’ litigation strength to three partners in Mumbai, alongside partner Swapnil Khatri.

Jajoo and Gandhi’s team also includes two senior associates - Victor Basu and Bhagyashree Lembhe - and and four associates - Anamika, Amrita Dubey, Bhargav Kosuru and Darpan Bhatia.

Jajoo is a 2004 GLC Mumbai graduate, who had worked at NC Dalal followed by Paras Kuhad; Gandhi is a 2007 Symbiosis Pune graduate, with the beginning of her career including Kotak Mahindra and Phoenix ARC, before joining Paras Kuhad in 2009.

Jajoo said, having practised in Mumbai for 15 years, that its litigation market has continued to be relevant, being both the financial capital and also with the increasing importance of the insolvency code.

“[Most] big matters and arbitrations are broadly being filed here, which of course eventually end up in SC. But the Bombay market has been growing and we have been growing with it, and looking forward to good further growth in the next five years.”

HSA founding partner Hemant Sahai commented: “I wish them all the best and my sincere appreciation for their contributions to the firm.

“We had, some time ago, started re-calibrating our strategy to shift our focus away from high volume low margin litigation practice and that strategy is working for us.”

Larger office

Earlier this month, Indus has also moved into a larger office space on the 15th floor of the One Indiabulls building in Lower Parel.

At around 5,000 square feet, it “comfortably” had space for around 50 people, said Indus co-founding partner Suneeth Katarki.

With the new joiners, Mumbai would consist of around 35 lawyers (we had reported yesterday that Mumbai corporate/real-estate/employment partner Vivek Daswaney and his team of three had left to re-start V Law Partners).

Its Mumbai office would now have three corporate partners and three litigation partners.

Expansion focus

While Bangalore remained Indus’ main litigation hub - despite some flux and a promotion following senior partner V Srinivasa Raghvan becoming a senior counsel Katarki noted that the firm had also “significantly” grown its litigation offerings in Delhi and Mumbai.

“We’re definitely looking to expand in Mumbai at a good pace, without compromising quality of people,” he added about expansion plans, that would also include the corporate practice. “We have a fairly good client base and are in fact looking to service that client base out of Bombay.”

Comments

Nostradamus 20 Feb 2019, 12:45
+2 -1
And so the exodus continues... Keep watching out for more exits...
Knock knock 20 Feb 2019, 12:55
+2 -4
Knock knock... who's that... nobody!!
Guest 20 Feb 2019, 13:08
+4 -0
And yet again - HS, saanu vi choota de deyo? kithe kale kale khaaye jaane o?
Jay Man 20 Feb 2019, 13:46
+2 -0
Chalo bonus toh bach gya....finding silver lining
Jo Ji 20 Feb 2019, 15:33
+1 -0
YES... not only for this year but also for the last year...Fayda hi Fayda
Guest 20 Feb 2019, 19:09
+0 -0
When you calculate how much it really costs to replace a lawyer, it will be much much expensive.
Please Stop 20 Feb 2019, 13:52
+2 -1
aree waah! New neighbour to Khaitan & Co.
Jay Man 20 Feb 2019, 14:04
+9 -0
[img]https://media2.giphy.com/media/NTur7XlVDUdqM/200.gif[/img]
Aloo 21 Feb 2019, 12:08
+0 -0
Alooo Bhujia... Grapes are sour
Bhoy 20 Feb 2019, 14:14
+1 -0
“We had, some time ago, started re-calibrating our strategy to shift our focus away from high volume low margin litigation practice and that strategy is working for us.”... but who is handling these high value matters.
Chaurasia Chacha 20 Feb 2019, 16:20
+1 -0
Was Abeezar also into "High volume low margin" litigation practice that he had to part ways? Looks more like a subterfuge by HS to cover up the departures and lend some respectability to it.
yeahwell 21 Feb 2019, 05:38
+0 -0
Clearly. That comment is just his way of saying "they weren't making too much money for us anyway" to save face
HASO 21 Feb 2019, 09:44
+1 -0
sorry, we actually forgot to add that in furtherance to the said strategy, we aim to become a 'lean organisation' by the end of FY 2018-19! So please read above with this addition.
Ramen 20 Feb 2019, 14:23
+0 -0
Who are the associates in their team who moved to IndusLaw?
Jay man 20 Feb 2019, 14:33
+2 -1
The return of Sharma ji....HS-AS BFF .. thanks AJ...
Buck 20 Feb 2019, 15:00
+0 -0
How much will both of them make now?
Buck 20 Feb 2019, 15:04
+0 -1
What's their pay package? Will both them be getting the same amount?
Jajoo Fan 20 Feb 2019, 17:47
+1 -1
Great move by Indus Law to take these 2. They will be an asset to any law firm, especially since they have moved along with those whom they are already working with so no teething problems training new associates, etc.
JK 20 Feb 2019, 18:52
+2 -1
HSA’s loss is Indus’s gain. HSA lost two good partners. These two had put HSA on the litigation platform where HSA had no existence before them.
Excuse 21 Feb 2019, 03:46
+2 -2
Two names. Past - Meenakshi Arora: a senior advocate, on the grain of her hard work. Present and Future- Kanika Chugh: her becoming one (a senior advocate) is a foregone conclusion.
Ex 20 Feb 2019, 19:03
+3 -0
People will forget what you said, people will forget what you did, but people will never forget how you made them feel....just saying
Guest 21 Feb 2019, 04:58
+5 -0
No where, but to closure - HS has to pack up soon..
Humpty Sharma 20 Feb 2019, 19:18
+3 -1
Two dramatic exits is a sign of dissatisfied lawyers who have opted to speak with their feet as they leave. Where is HSA heading??
BBT 21 Feb 2019, 04:45
+1 -0
To the big boys toy show-room
Alias 20 Feb 2019, 23:46
+11 -0
“We had, some time ago, started re-calibrating our strategy to shift our focus away from high volume low margin litigation practice and that strategy is working for us.”

What a [...] of a comment to make. Class seems to be really a rare commodity in the HSA world.
SLD 21 Feb 2019, 01:08
+0 -1
Congratulations Jajoo and Gandhi. You people deserve the recognition. Wish HSA had knew how to retain assets. I believe these two are great lawyers to work with.
Lawyer speaks 21 Feb 2019, 01:12
+1 -1
Great move Indus, this one was a master stroke.
Humpty 21 Feb 2019, 02:19
+0 -0
Does HSA has Disputes practice left in Mumbai after departures of Abeezar and Amit???
RP 21 Feb 2019, 02:20
+1 -0
B.C Forbes once said - The man who has won millions at the cost of his conscience is a failure... [...]
Congrats 21 Feb 2019, 02:32
+0 -0
Congratulations!!
Outsider 21 Feb 2019, 04:36
+0 -0
One correction - the senior litigator promoted to Senior Counsel is Srinivasa Raghavan and not Chinnappa. Chinnappa has recently been promoted to the partnership.
kianganz 21 Feb 2019, 14:46
+0 -0
Many thanks for pointing out, have corrected the typo.
Jadu 21 Feb 2019, 17:45
+0 -5
This is d best firm with lowest attrition rate....lawyers r paid much more than their peers in other firms...monthly retainer is paid on the last day of d month. Bonuses r paid on a fixed day promised in writing at d beginning of d year, Handsome Increments (25%+) r religiously given at the start of every year. All EPs r having real equity. It has the most transparent systems in place...billing, recoveries and costs numbers r available on real time basis. Methodology to calculate bonuses is ultra clear and simple. Lawyers r paid at least 90% of promised bonuses. industry’s best Policies r in place like revenue sharing, cross selling, referral, BD etc. All lawyers and their families r covered by medical insurance paid by office. All partners r entitled for pensions after retirement. All partners r given chauffeur driven cars and every year lawyers r taken to an offshore location for retreat.... it is rewarded as the best law firm to work.
Rumours 22 Feb 2019, 05:11
+2 -0
Rumour has it that HSA tried to hike their pay packages to 80 LPA, but that didn't budge them from joining Indus. Wondering how much Indus is paying them.
Alias 22 Feb 2019, 06:00
+0 -1
A lot more clearly
How much more? 22 Feb 2019, 17:43
+1 -0
Can you shed some light?
Litigation 26 Feb 2019, 19:33
+2 -3
Good that you are reporting litigation news. Litigation lawyers are the only real lawyers: and stalwarts have said this. Since it’s all about numbers, though, the promotions and news revolve around that.