IndusLaw Bangalore-based co-founding partner Suneeth Katarki said that the Mumbai office has gone well so far. “Pramod is somebody who is well-known in the banking circles, so we were getting flooded with quite a bit of work and we’re lucky that we are going to get someone of Priyanka’s stature and experience in.”
Although she was a few years junior to Rao, she would also be able to attract her own network of clients, said Katarki, and also provide senior level execution of the incoming work.
Roy had separated from Alliance co-founders Vishnu Jerome and Ravi Kumar in December of last year but she kept the Alliance Legal brand intending to continue the firm.
One of her associates will also be joining IndusLaw, said Katarki.
The firm’s Mumbai office now consists of six lawyers, he explained, with hopefully another three associates joining shortly.
Roy and Rao were not reachable for comment at the time of going to press.
Comments
1. what happens to the Alliance Legal brand, if any?
2. why has LI not reported about Vishnu Jerome's joining Poovayya & Co (or P&C Legal)? Is it because it is a failure story where someone leaves a top-tier AZB partnership to start on his own; and then within a year wilts to join a two-tier firm like Poovayya?
3. What happens to the AZB/Trilegal associates who had left to join Vishnu in his entrepreneurial Alliance. Wasn't it better to be a AZB/Trilegal associate than a Poovayya Mumbai associate?
1. I would assume the Alliance Legal brand will disappear, though we'll double check on that as soon as we can get through to some of the co-founders.
2. We've been trying to report this for ages but haven't been able to for various reasons - we'll try to get something out by tonight or tomorrow.
Best wishes,
Kian
1. what happens to the Alliance Legal brand, if any?
2. why has LI not reported about Vishnu Jerome's joining Poovayya & Co (or P&C Legal)? Is it because it is a failure story where someone leaves a top-tier AZB partnership to start on his own; and then within a year wilts to join a two-tier firm like Poovayya?
3. What happens to the AZB/Trilegal associates who had left to join Vishnu in his entrepreneurial Alliance. Wasn't it better to be a AZB/Trilegal associate than a Poovayya Mumbai associate?[/quote]
Greek, on point 2, i would like to disagree with you. It is not a failure story. At least they tried to start on their own --- which many junior partners and associates dream of, but dont have enough guts to do. Its better to have tried and failed than never tried at all.
A failed venture is always tough to get over in life. But so what. At least they had the balls to attempt breaking away and starting on their own - something that many junior partners, associates, etc. dream of (but can't gather enough courage to do so). But what is strange and disapppointing is that, after the failed venture, they have gone ahead and joined Tier IV and V law firms (Roy and Vishnu... not aware of Ravi's plans). Is it that they are not good enough to go back to Tier I firms or is it that Tier I firms are wary of their entrepreunerial ambitions? If its the former, then their venture naturally would have died, if its the latter, its easier to break away from Poovayya and Indus (because you are dealing with smaller clients/ smaller work).
I wish the trio all the best. But they should not sing the legendary song - "yeh kahaan aagaye hum".
http://www.legallyindia.com/Deals-in-brief/11-instructions-amss-azb-khaitan-jsa-tta-ksp-hsa#comment-37796
Or do you mean, where is the award actually sitting?
Care checking the link?