JSA partnership elects 5 out of 9 candidates to its executive committee

Amit Kapur
Amit Kapur
J Sagar Associates’ (JSA) executive committee vote brings together five veterans for the job.

Amit Kapur rejoins management
Amit Kapur rejoins management

J Sagar Associates (JSA) has elected its new executive committee (excom) by secret ballot, voting in four incumbents and Delhi partner Amit Kapur in contested elections.

Delhi-based projects partner Kapur, who has been at the firm since 1997, became partner in 2000 and was on the excom for three years until 2010. He was now voted into the committee again after standing for election.

He told Legally India that he had stood down in 2010 because he had wanted to concentrate on expanding the firm’s national footprint and stabilising the infrastructure and regulatory policy practice, which was facing a lot of pressure.

In Mumbai Akshay Chudasama, who focuses on corporate, and banking and finance partner Dina Wadia, reprise their roles on the executive committee.

Also re-elected were Murali Ananthasivan in Bangalore, whose co-founded firm M&C Partners had merged with JSA in 2009, and corporate commercial partner Shivpriya Nanda in Gurgaon.

A total of nine partners stood for election to the executive committee, said managing partner Berjis Desai.

“It’s a vibrant process where different people from young to senior have stood up and then partners around the table voted by secret ballot,” said Kapur. And although some candidates who wanted to get into the excom didn’t, he said that it was only a three year appointment that everybody knows would not be for life.

Desai chairs the committee, having taken over from the firm’s now-retired founder Jyoti Sagar for the last six months.

The new committee was elected by secret ballot at the last partners’ meeting on 9 March, said Desai, rather than by consensus as had been the case previously.

“About nine people this time were in the fray,” he said. “Even for me it was quite interesting [that so many stood].”

Each elected committee member may serve a maximum of two three-year terms, said Desai.

Nanda
Nanda
Wadia
Wadia
Chudasama
Chudasama
At its first meeting the committee will divide responsibility for different practice management verticals – human resources (HR), marketing, finance, technology and quality in the previous committee – between the members.

“The excom is a delegate body of the larger partnership functioning make life easy for other partners,” commented Kapur, adding that it functioned strictly with each partner having one vote under no obligation to necessarily agree with the managing partner.

Comments

Finally, first to comment! 9 Apr 2013, 13:31
+3 -0
JSA is the most transparent of all major Indian firms. It will be good to hear more about how it works, though.

Kian, you should probably do a detailed interview here. Is JSA a lock-step? how does profit distribution in JSA works? And do all partners vote for new inductions, or just this excom?
kianganz 9 Apr 2013, 13:35
+2 -0
Agree, it's very refreshing for a firm to be transparent about how it works.

Some of your questions on equity and the like are answered in this interview with Jyoti Sagar from a few weeks ago, if you haven't read it yet:
http://www.legallyindia.com/201303153519/Law-firms/jsa-founder-jyoti-sagar-exit-interview

New inductions I believe are voted on by all equity-equivalent partners but I'm guessing here and haven't asked. Does anyone know for sure? Will also send out an enquiry.

Best wishes,
Kian
kianganz 9 Apr 2013, 14:07
+2 -0
FYI, I've just been reliably told that the entire partnership votes for new partner inductions...
speaking sparrow 9 Apr 2013, 14:23
+0 -0
While JSA's policies are indeed laudable, there are certain questions which don't seem to be asked. Who owns the JSA's Delhi building of 6-7 floors? If it is owned by any partner / managing partner; and if the firm is paying a hefty rent to such a partner--then is that a transparent, arm's length transaction?
Guest 9 Apr 2013, 15:24
+1 -0
This is tremendous professionalism by Indian law firm standards. In terms of questions that are not asked, they are certainly way better than any of their other major competitors - AMSS, Khaitan, AZB and Luthra!
green lantern 10 Apr 2013, 04:16
+0 -0
Kudos to Jyoti for building this organization. For azb, amss, commerically this model doesn't make sense so let's not judge them blindly against this. This model makes sense when the revenues are more evenly secured by more than two partners.
green intern 10 Apr 2013, 05:26
+1 -0
Or maybe because of policies, JSA has been able to attract a number of senior lawyers who (although were not a zia or cyril) could win business? Such guys - and there are many more of them in the market now than before - wouldnt really want to work in an amss, azb.

Clearly, a lesson here for azb, amss, etc.

Does KCO, Trilegal and Luthra have similar structure and transparency as JSA?
Inclusive 10 Apr 2013, 07:12
+1 -0
Kian - who stepped down for Amit to be elected and who were the others in the fray? Its an interesting mix of Bombay, Bangalore and Delhi. This appears to be JSA month on the legal news. Good stuff guys. Best and highest probability to become a partner - of the 280 lawyers, there are almost 70 partners. Compare the same number of partners to AMSS with 550 lawyers and zia with 400.