Khaitan & Co has bolted on the Chennai-based law firm Assentio Legal, which had been started by Thriyambak Kannan, Rohan Cherian and Renu Gopalakrishnan, who will join from 1 July with their team in Khaitan’s Chennai and Bengaluru offices.
The three are between 2004 to 2005 graduates, respectively from SLS Pune, Nalsar Hyderabad and Delhi University. They are joining as a total of 8 fee-earners, with two in Bengaluru and the rest in Chennai.
They had started Assentio in January 2018 after experience at firms including AZB & Partners, Trilegal and in two cases as independent practitioners or in chambers before joining hands to set up Assentio.
In 2018-19, the firm had, inter alia, acted for a number of clients in investments, particularly for i3 Systems, as captured in our league tables, as well as fantasy sports operator Nostragamus.
According to Khaitan’s press release:
Thriyambak specialises in corporate, commercial and civil litigation, advising on issues arising under the Insolvency and Bankruptcy Code and has also acted as a sole arbitrator in court appointed mandates.
Rohan’s expertise lies in general corporate and commercial advisory, mergers & acquisitions, private equity and venture capital, and transactional support across sectors.
Renu’s experience ranges from representing business houses on their inbound and outbound acquisition strategies, mining, trading and trade financing.
Khaitan senior partner Haigreve Khaitan said in a statement: “They [Assentio] bring in the right set of talent and values which makes them an ideal match for our presence in South India. We are certain that with their deep experience and understanding of the South Indian market, their excellent track record and skillset will enable us to significantly contribute to our clients with enhanced expertise and execution capabilities.”
Executive director HR Amar Sinhji said: “The team’s expertise, excellent track record and know-how of the Chennai and Bengaluru markets, will help us further expand our presence in these cities and strengthen the Firm’s capabilities, especially in the Dispute Resolution and Corporate practices.”
Kannan added: “We are […] immensely grateful to our clients for the opportunities and faith they have reposed in us so far. As we adorn our new roles as partners and lawyers at Khaitan & Co, we look forward to continuing our long-standing relationship with our clients and working with the Khaitan & Co team.”
Khaitan’s Chennai office will offer the gamut of typical corporate, investment and commercial work, real estate and disputes, according to Khaitan’s release.
Comments
Will they also be Aqui-hired or fired from Khaitan? [...] How will thier compensation be structured?
seems to be in the report
Ps If fees were the only reason why clients come to a law firm, none of the big firms would have dominated the market. Fees quoted by tier 2/tier 3 firms are nothing compared to any tier 1. Huge difference.