Trilegal has promoted 21 of its fee-earners to counsel level, which at the all-equity partnership of the firm is arguably equivalent to the salaried partner level at many other Indian law firms.
The majority of new counsel were in the corporate practice area, with five getting the nod in disputes and two in the projects team.
The office break up was evenly split between the Mumbai and Delhi/Gurgaon regions:
- Mumbai: 9
- Delhi: 6
- Gurgaon: 3
- Bangalore: 3
Trilegal had in March promoted five counsel to equity partner after a year that had also seen consistent adding of lateral equity partners with Richa Choudhary, Mridul Kumbalath, Shruti Rajan and Garima Joshi, and Nitesh Jain.
Full list of new Trilegal counsel below:
| Name | **Location | **Practice |
|---|---|---|
| Srikanth Vasudevan | Mumbai | Corporate |
| Awani Yaduwanshi | Mumbai | Corporate |
| Ketan Gaur | Delhi | Disputes |
| Chitra Rentala | Mumbai | Disputes |
| Swapnil Phadnis | Mumbai | Corporate |
| Harshit Anand | Delhi | Corporate |
| Kushal Ramotre | Mumbai | Corporate |
| Sibani Saxena | Mumbai | Corporate |
| Jenisha Parikh | Mumbai | Corporate |
| S Vishal Sagar | Gurgaon | Corporate |
| Varun Agarwal | Gurgaon | Corporate |
| Aditi Goyal | Delhi | Corporate |
| Adhunika Premkumar | Bangalore | Corporate |
| Aditi Jain | Mumbai | Corporate |
| Megha Kaladharan | Delhi | Projects |
| Karthy Nair | Bangalore | Projects |
| Deepthi Rajeev | Bangalore | Corporate |
| Vividh Tandon | Mumbai | Disputes |
| Vishal Binod | Delhi | Disputes |
| Deep Rao Palepu | Delhi | Disputes |
| Akshay Gupta | Gurgaon | Corporate |
Comments
Also, a general question to Trilegal ppl or others who may know. I know there might not be a fixed time period and it may depend on other factors, but what's the general average number of years (after being promoted as counsels) one can be expected to think of maybe getting voted in to the equity partnership at Trilegal?
So, Counsel at Trilegal ≠ Salaried Partner at CAM
This system has brought enough goodwill and opportunities to many Trilegal counsels (in other law firms and in-house positions) that they are perceived as salaried partners.
A Trilegal partner is also almost never in a jealous position with his/her Counsel coz if the C can rally enough votes to be promoted as a P, it will ultimately benefit the Partner in the first place in terms of bonus equity points.
All in all inspite of recent lateral hires in Trilegal partnership, Trilegal Counsels are better placed compared to MA/PAs in lala firms in terms of pay, work autonomy and future prospects. Ofcourse there are exceptions to this statement.
Trilegal effectively copied, modified and internalized some great systems from A&O, however the firm due to its growth in size now also faces many existential and cultural issues in terms of integrating this many lawyers all lead by equity partners.
While the lala firms get by with the band-aid oxymoronic designation of a 'salaried partner', and stemming talent flow by appeasing egos and padding CVs, given the stark economic reality of an unavoidable YoY revenue growth versus leverage (partner to associate ratio) mismatch, equity points are far and few at the C-P juncture - which is where Tri bleeds top-shelf talent to other firms and in-house gigs.
Like Branson says, train people well enough so they can leave, treat them well enough, so they don't. The former is easy (except for the nepotistically challenged), but the latter is expensive as hell.
The Trilegal counsel become partners at AZB, JSA.