Sumeet Lall, who is the longest-surviving lateral partner hire at Clasis Law which under managing partner Vineet Aneja has lost its partnership several times over in the last years, has resigned, according to authoritative sources.
Clasis is due to break up with UK-headquartered international firm Clyde & Co by next month, as we had first reported last week.
Lall specialises in international arbitration and disputes, and is a qualified advocates-on-record (AoR) of the Supreme Court.
The 2000 ILS Pune graduate had joined Clasis in 2011 from Parekh & Co.
Lall was not reachable for comment at the time of publication.
Aneja did not respond to a call and message for comment.
Lall had been the first lateral partner hire at Clasis in 2011.
But as we had reported, Clasis has seen huge turnover of co-founding and lateral partners since it was founded in 2011, until by 2014 only Aneja was left out of the co-founding partners.
With Lall’s leaving, other than Mustafa Motiwalla who had joined in Mumbai from JurisCorp in 2015, there will now not be a single lateral partner hire who is still at Clasis, though the firm has made several promotions in the last few years.
Clyde & Co’s India web microsite states that
Comments
Kian please be fair to all, dont be selective to publish, atleast let everyone know the truth.
Criticism of managing partners' style of running a law firm, for instance, are generally allowed and fair comment, since as managing partner they have a somewhat public facing role which is open to scrutiny.
A comment on a managing partner or any other partner or lawyer being an incompetent lawyer, however, we generally don't include.
We generally moderate all comments that abuse leavers on all stories, otherwise some firms' PR functions just make it a free-for-all to denigrate anyone leaving a firm.
We also sometimes do factual sanity checks on comments. In this case, criticism of Aneja, for instance, generally corresponds to the facts as we credibly understand them from a large number of sources over the years. As such, comments criticising Aneja's management style, for instance, reflect very commonly held opinions.
When every single co-founder leaves, when nearly every lateral partners leaves over the years (except for Motiwala), and when even Clydes leaves, then you surely have to wonder whether the problem is the people leaving or the place they're leaving, no?
Point is - people come, people go and so do firms and businesses. But why article is so biased against Clasis/ Aneja. Why cant it be a news only without any personal prejudice. Have appreciated your reporting always, please don't make it 'Republic'.
The article is not biased: there was literally nothing positive to say about the firm that's been reported anywhere. And I looked through our entire archives of Clasis stories...