Shardul Amarchand Mangaldas has hired L&L Partners Delhi-based corporate practice partner Samarth Gupta as a partner who had resigned in October of last year.
As many of the recent exits from the L&L corporate partnership, which is embroiled in a bitter dispute between the founders, Gupta was a home-grown partner who had been at Luthra & Luthra, as it once was, since graduating from NLU Jodhpur in 2011 at the start of his career.
We had first reported his exit in October 2020, alongside Mumbai corporate partner Apurva Jayant’s exit.
His joining SAM is the latest corporate talent exit from L&L, following:
- homegrown real estate partner Sachit Mathur quitting earlier this month,
- homegrown IP partner Nirupam Lodha joining Khaitan & Co,
- homegrown partner Damini Bhalla leaving for Zomato, and
- S&R hiring capital markets partner Jitesh Shahani.
We have reached out to L&L co-founding partners Rajiv Luthra and Mohit Saraf for comment.
Comments
Explanation: MS is not Mohit Saraf (Haha haha ......) but = master stoke...... Question bis who is Johnny Gaddar?????????
If Alina ma'am has so much more pull at SAM then i sincerely request her to give us also a job. We are tired of broken promises from both sides - one who talks about balls in the air and between us girls and the other who has been giving a three month timeline since October.
Manan sir, please please consider us for a job.
Jitesh sir we will join you also gladly, at least you also showed character by taking everyone interested with you.
Pass the doob along. When is your next spy novel coming out?
L&L hasnt paid any meaningful bonus to partners and the pay raise didnt apply to them. With no increment for 2 years and steadily declining market reputation, who will stay?
Bake the deal (good or average) you can and get out while you can.
Mr Luthra and Mr Saraf can fight all they want. Soon there will be nothing left - AJ, DB, JS, SM, NL, SG already gone.
Asli dhamaka hone waala hai. You read it here.
Just an honest opinion, sometimes people write stuff just for fun without any visibility on any news. Bhai Asli dhamaka hone de, legallyindia pe hi padh lenge. Tum kaam mei dhyan lagao, kahi tumahra dhamaka na ho jaye.
Hope L&L sorts things out soon
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