Shardul Amarchand star lit ‘hire’ Shiraz Patodia & team may stay at Duas after all

Patodia
Patodia
Dua Associates senior Delhi litigation partner Shiraz Patodia, who had reportedly agreed to join Shardul Amarchand Mangaldas (SAM) earlier this month, may stay at Dua Associates after all, according to four authoritative sources.

Patodia: East or west, home is the best?
Patodia: East or west, home is the best?
Dua Associates senior Delhi litigation and arbitration partner Shiraz Patodia, who had reportedly agreed to join Shardul Amarchand Mangaldas (SAM) earlier this month, may stay at Dua Associates after all.

According to four sources close to Duas, she has internally announced that she would stay at the firm.

Legally India could not confirm further details at the time of going to press.

SAM managing partner Pallavi Shroff had confirmed Patodia’s joining on 5 June, after first publication of the news of her leaving Dua with her junior partners Priyanka Sharma Goswami and Anusuya Sadhu Sinha, and manager Saloni Tuteja and senior associate Amrita Sharma.

Patodia has been at Dua for 29 years and is one of the most senior partners at the firm and its litigation practice. She did not respond to messages seeking comment since last week.

Pallavi Shroff denied last week that Patodia would not join, but has not responded to an email and call seeking comment yesterday.

Dua managing partner Ranji Dua declined to comment when contacted last week and has since not responded to further emails and calls seeking comment.

On 9 June, responding to Legally India’s request on 5 June about Patodia leaving, Dua wrote in an email:

Shiraz spoke to me about her joining Shardul on Friday [5 June] afternoon. As you know there are contractual obligations of the partners under the Partnership Deed and she would be obliged to meet her commitments therein including a Notice period.

When asked on 5 June about how Patodia’s leaving would affect Dua’s litigation practice, he wrote:

As regards litigation practice of Duas we would like to apprise you that the firm has around twenty litigation partners in its various offices of whom at least ten are in the Delhi/ Gurgaon practice […]. Therefore the execution of ongoing work is not an issue relating to availability of experienced professionals but is more a matter of allocation.

Our firm prides itself in having a robust and experienced set of partners since the past close to three decades and has had the benefit of receiving back some of the partners who had left us for experience in other firms including the erstwhile Amarchands.

Dua had hired Shardul Amarchand principal associate Kunal Mehra as a partner, first reported shortly after Patodia’s move.

Comments

Guest 1 Jul 2015, 08:26
+7 -1
HAHAHAHA
Ah Chu 1 Jul 2015, 08:42
+16 -0
Time to reconsider? Ominous for SAM when senior respected partners in the profession leave them before joining. Shows something is seriously wrong.
virage 1 Jul 2015, 08:49
+2 -1
small blow to SAM.

Others may get a look in now!
Kaka 1 Jul 2015, 09:02
+4 -0
"Confusement"
anon 1 Jul 2015, 09:33
+11 -0
Cyril must be laughing his b*** off!
Nelson 1 Jul 2015, 09:39
+7 -1
Cyril should just point and laugh at Shardul now. This is a major development and a huge embarrasment for SAM.
impressed 1 Jul 2015, 11:06
+10 -0
the 7 june quote "she would be obliged to meet her commitments therein including a Notice period" makes it sound like dua took a confrontational stand when she wanted to leave and forced her to stay on longer than she wanted. One would assume they weren't on the best of terms at that point. To go from there to convincing her not to leave at all in less than a month means dua really pulled out the stops to retain her. that reflects really well on both of them.
Salman 1 Jul 2015, 12:38
+5 -1
Who is next ? Well done for dua ! Actually a very astute decision by Shiraz to stay back. Firstly old loyalties . Secondly a very hostile environment at Sam delhi which hated the idea of bringing a litigation head above the old guard at a fancy salary. They would have made life miserable for her. Thirdly gets same or more money from Ranji as a lure to stay back. Fourthly no tension of moving the Dow account [...]. Fun and games .
Not a bad thing for Sam either . Saves a lot of cash and headache. Cam will be seriously amused . . Also a wake up call for Akshay to assess the wisdom of his choice, hope he did his diligence on what Sam is really all about from the inside. Akshay should talk to some current and former partners. Maybe Berjis may still take him back like Ranji.
Guest 1 Jul 2015, 17:35
+2 -2
who the heck is akshay?
2cents 1 Jul 2015, 20:24
+0 -5
Wake up buddy! Akshay is Mr. Chudasama for you...
Anon 1 Jul 2015, 16:53
+1 -0
Reputation catching up. As it always does
Dost dost Na raha 2 Jul 2015, 04:33
+9 -0
The original hire of Shiraz was only for negative reasons. To prevent cam from hiring. That objective has been achieved. But at the cost of a huge loss of credibility . It raises very serious issues about the Sam proposition. Established players know exactly what Sam is all about . Events like this exposé and highlight the cultural challenges at Sam. Other laterals will think a lot more before accepting gold from Sam and putting their future at risk . Everyone may not have same chance as Shiraz to go back home . Sam story hitting a very rough patch very early in the game. Inevitable though.
Mx. X 2 Jul 2015, 06:22
+2 -0
Kian, any way of figuring out what changed in the last one month?
Ab Kya? 2 Jul 2015, 06:32
+2 -0
What is with Shiraz, though? Its widely known that she approached both CAM and SAM, chose SAM (look how that turned out), announced it, backed out, and now is back with Dua. Is this confusion, boredom, or an attempt at creating a bidding war?
Priyanca 3 Jul 2015, 05:17
+2 -0
It's because Dow did not move. And Ranji gave top up . Also got more information on Sam culture . Sensible final Outcome for all except Sam
Witness 3 Jul 2015, 08:47
+0 -0
It is because of 2 clauses that are a part of a document signed by her. Ranji Dua is an extremely smart man, in spite of all that is said about him.