JSA partnership votes Vivek Chandy with Amit Kapur into much-slimmed management, in hotly democratic elections

Kapur (left) continues leading JSA with Vivek Chandy
Kapur (left) continues leading JSA with Vivek Chandy

After changing its constitution earlier this year, the partnership of J Sagar Associates (JSA) has today elected senior partner Delhi-based Amit Kapur into joint leadership at the firm, alongside partner Vivek K Chandy.

They will both be serving three-year terms at the firm, which is the only major Indian law firm to be electing its management in a full and glorious democracy.

Bangalore-based corporate M&A partner Chandy, a newcomer to top management at JSA but one of the firm’s top revenue-generating partners, had pipped outgoing joint managing partner Dina Wadia to the post after votes were counted today.

Kapur is understood to have led the vote count.

Chandy, who had joined JSA in 2009 with Murali Ananthasivan (who has since gone independent), has not been part of the previous seven-strong executive committee that had been voted in from 2015 for a three-year term.

Wadia’s joint managing partner Shivpriya Nanda, who had been elected with Wadia in September 2015, is understood to have not stood for the top management position again this time.

It has been a big week for democracy at JSA, with the firm also having voted in five new executive committee members in an election hotly contested by 11 interested candidates on 21 December.

Dina Wadia, Amitabh Kumar, Amar Gupta on excom alongside JMPs
Dina Wadia, Amitabh Kumar, Amar Gupta on excom alongside JMPs

Kapur, Chandy, Mumbai-based Wadia, as well as Delhi-based partners Amitabh Kumar and Amar Gupta were elected into the excom for the next three years (both Gupta and Chandy are newcomers to the committee).

The excom has thereby returned to a headcount of only five members, after having temporarily grown to seven in 2015.

The slimming of management had been hotly debated by the partnership earlier this year.

In a meeting in July, JSA’s partnership had decided to do away with its senior partner plus two joint managing partners model, that had been adopted after the retirement of senior partner Berjis Desai, who handed over to Kapur in December 2016.

Part of the reason for the trimming in leadership was that some partners felt that the various management positions at the firm came with too great of a financial cost to the rest of the partnership.

Additionally, the senior partner position that had been de fact re-created for Kapur in December 2016, had not originally been intended to be part of the top management make-up of the firm.

Update 18:58: JSA has sent a statement that all management terms will run from 1 January 2019 to 31 March 2022, and added the following comments from partners:

As outgoing JMPs (Dina and Shippi) “It has been a wonderful experience leading the firm through its transition period and we now hand over the reins to the next JMPs secure in the knowledge that JSA is on a firm footing and poised to take the next leap forward. The new JMPs have the experience and esteem to lead JSA and continue our journey of building a strong and vibrant institution built on a shared culture and strong values.”

Vivek Chandy said - “Will endeavour to continue the good work of our earlier leaders, men and women, who with foresight and dedication built a formidable institution. Look forward to working with Amit and the rest of the team to take JSA to new heights.”

Amit Kapur said - “I am humbled by the trust and confidence reposed in me by the partnership. It shall be my earnest endeavour to carry forward the task of institutional building as started by Jyoti and Berjis and ably carried forward by Dina and Shippi and now entrusted to Vivek and me, to actualize the vision of JSA to be the finest law firm.”

Comments

Shocking 24 Dec 2018, 13:54
+18 -21
This is shocking. Would have loved to have Dina Ma'am at the top. expect a change in culture at JSA now.. gone are the good old days
charandas 24 Dec 2018, 16:26
+17 -21
Chandy is pretty cool. JSA is doing really well and have a strong future because of its amazing management culture. When will other Indian firms learn and emulate?
non-binary 25 Dec 2018, 11:12
+10 -18
I hope that top legal firms in India start working towards inclusion of gender neutral/non-binary people. The comment from the new JMP addressing leaders as '[i]men and women[/I]' will set a bad precedent.
Huh? 25 Dec 2018, 13:24
+12 -3
The previous leaders were men and women only no? Why take offence at something that is factually correct.
Dualipa 26 Dec 2018, 12:02
+9 -0
[img]https://i.kym-cdn.com/entries/icons/original/000/021/520/did_you_assume_my_gender.jpg[/img]
Arre Baba 25 Dec 2018, 13:35
+5 -2
Will Sajai now leave?
no 28 Dec 2018, 05:37
+0 -1
Why will Sajai leave?
Whoa 25 Dec 2018, 16:23
+0 -1
I hear a similar exercise was done in a bengaluru based boutique law firm? Can anyone share details?
Random person 25 Dec 2018, 18:01
+9 -13
Vivek Chandy is scary but comes across as very very competent. Congratulations to JSA! It is also great that strong corporate practices and top revenue generators are there in Bangalore, like Reeba, Nivi and Arjun in CAM and Vivek in JSA. And great that management is being trusted down south.
scared crow 26 Dec 2018, 06:18
+16 -1
Scary in an understatement!
Democracy? 26 Dec 2018, 03:35
+14 -6
Wonderful JSA does not have the nepotism policy that plagues CAM SAM and other top firms, passing on the mantle generation after ggeneratio within the family. That said this is great news. I know Amit personally and can vouch for him and have heard excellent things about Chandy. He apparently runs a tight ship, but is supposed to be clearheaded and very logical. This is the kind of management that can take JSA to new heights.
others? 26 Dec 2018, 05:37
+3 -0
Who were the other partners who stood for elections to the Management Committee?
Moderation 26 Dec 2018, 11:33
+2 -0
Kian, what are the comments that take one day to moderate?
kianganz 26 Dec 2018, 12:36
+1 -0
Hi, thanks for checking - have updated the language a bit. Generally, if a comment has not been published after a day or so, that usually means that it has not passed our community guidelines and was moderated.
Alias 31 Dec 2018, 05:31
+3 -0
You have guidelines?? I thought the entire business model was based on gossip and slander.
kianganz 31 Dec 2018, 07:07
+7 -0
You should read the stuff that doesn't get published...

[img]https://media0.giphy.com/media/Gd0qHHfbKqrHW/200.gif[/img]
Guest 26 Dec 2018, 12:07
+5 -2
So nice to see this happening in a law firm! Impossible to even think that the Seth jis / Madam of any other big Indian law firm will do anything remotely close to what JSA has done.
who cares? 26 Dec 2018, 16:54
+10 -11
Who are we kidding (except for the lawyers in JSA)? To me, it does not matter who "manages" whatever that needs managing - JSA or LL Partners (or whatever they're called) are dinosaurs in this space now and barely alive and surviving by milking legacy clients. Oh and yeah, I know I'll get letters for saying this :p
e? 27 Dec 2018, 11:53
+11 -0
The Top 6's death has been proclaimed, prophecied and declared as fact year after year but they continue to reign strong. Say something new.
Wow 27 Dec 2018, 11:54
+0 -0
Did Sidharrth stand up for elections?
no 28 Dec 2018, 05:38
+1 -1
Sid is too young, I assume. He's also a fresh recruit to the EP roster, will take some time before he's part of the excom
Hmm 28 Dec 2018, 07:57
+2 -0
But, I suppose that does not have to do anything with age. Business counts, not age.
no 28 Dec 2018, 10:54
+4 -0
The old horses have a strong hold in JSA.
Drone 2 Jan 2019, 06:18
+4 -0
Yet, no-one resorts to my multiple job applications.