Geeta Dhania, the remaining capital markets partner at L&L Partners immediately after the mass exodus of the team to IndusLaw, has resigned, reported Bar & Bench.

Dhania had worked at Luthra & Luthra, as it then was, since graduating from NLSIU Bangalore in 2005. In 2015 she became a partner at L&L.

Senior partner Mohit Saraf had told Bar & Bench:

I very fondly remember sitting in the NLS campus and interviewing Geeta. This was 15 years ago and she has been a part of the family ever since.

In May, Geeta wrote to me, “Thankfully, the pandemic gave me an opportunity to focus on my health and also ponder over the course of my life. I do not claim that the pandemic has given me all the answers. But it has definitely taught me that I need to pause and think differently about my life than what I have done in the past one decade.”

I respect her decision and wish her all the best in all her future endeavours.

We have reached out to Dhania for comment.

The capital markets team at L&L had been decimated in August 2019 after practice head Manan Lahoty had left with four other partners for IndusLaw.

Dhania had remained at L&L, with the capital markets team having hired Allen & Overy’s Jitesh Shahani from Singapore by mid-August 2019, who had joined several months later.

Against the backdrop of Dhania’s departure, L&L has been going through a management crisis, as Saraf and managing partner Rajiv Luthra have openly been fighting about the future of direction of the firm.