Trilegal promotes 5 to lockstep equity partner

Trilegal has promoted five to the first rung of its all-equitylockstep partnership.

The new equity partners are Upasana Rao (Delhi), Aniruddha Sen (Mumbai) and Rohan Ghosh Roy (Mumbai) in corporate, Atul Gupta (Bangalore) in the employment practice and Samsuddha Majumdar (Delhi) in tax.

The new inductions increase the firm’s partnership to 32. The firm recently hired Faraz Alam Sagar, as first reported by Legally India on 1 October.

Trilegal has a 13-yearlockstep, in which partners begin at the bottom and rise in equity stakes year-by-year until they reach the plateau, or maximum profit share, after 13 years.

Update 16:56: Trilegal partner Anand Prasad said in a press release: “We are excited to welcome nine new Partners into Trilegal in less than six months. Notably, seven have been selected from within the firm due to their expertise and excellent track record in advising and servicing our clients in complex matters.

“Our expansion reiterates our commitment to India’s growing and exciting legal services industry and our focus remains strongly on enabling our clients to win in the market place.”

The firm has had senior Shardul Amarchand Delhi partner Ravindra Bandhakavi in April, and promoted two internally in March.

Long-time Trilegal partner Amit Tambe went on an indefinite sabbatical in the same period.

Photo by Frank Kovalchek / BY CC

Comments

Ghosh 5 Oct 2015, 10:14
+23 -103
Rohan Ghosh Roy is the youngest partner at Trilegal. Star performer and a great lawyer! All the best wishes!
Comment 5 Oct 2015, 10:41
+91 -19
Gem of a guy and a kind soul bhi likh de.
HBD 2U 5 Oct 2015, 10:51
+6 -5
You can see number of dislikes already!! Nishant was the youngest. Tri is barely 10 year old.
huh 5 Oct 2015, 10:53
+3 -0
trilegal completed 15 this year
Wrong 5 Oct 2015, 11:12
+2 -0
Trilegal is actually 15 years old.
anon 8 Oct 2015, 05:55
+0 -0
good save!
poet 5 Oct 2015, 11:41
+19 -14
He's become partner, he must be good,
The firm can decide whether or not they should,
You'll soon be partner, wait your turn,
There's no need to sizzle and burn!
Fakey Azmi 5 Oct 2015, 17:29
+41 -10
[quote name="poet"]He's become partner, he must be good,
The firm can decide whether or not they should,
You'll soon be partner, wait your turn,
There's no need to sizzle and burn![/quote]

Nice poetry. Little complicated - but still nice. Keep it up. Even I can write the poetry. But very simple. In fact I have written many poetries. Want to read? Here is sample. Though not legal - hope Kian will publish. Title is "Autobiography of my first Date."

[i]I took her to hotel - wanting to break barrier of the heart's language;
I crossed legs and snapped fingers at waiter, and ordered one by two chicken sandwich;
her face became white like maida - making me little nervous;
she then told me that she is not carni..., but herbivorous;
I said "chill babes - always first time - don't do the fuss,"
she got very angry and walked away, saying "boy - you've just missed the bus."[/i]

Nice no. Little poignant and tragic - but what to do. Your poetry is also nice, but let's see who gets more likes - you or me.
Fakey hindu 6 Oct 2015, 02:45
+11 -0
You must have gone to a hotel on Madh Island.. Which would be good because even if you missed the bus, there is a ferry.

Good thing you didnt order beef sandwich.. then i would have been really upset!
well done 5 Oct 2015, 10:50
+5 -13
Equity partner in less than 8 years in a top law firm...probably first partner from 2008 batch.
HBD 2U 5 Oct 2015, 10:55
+11 -8
We have Pingal Khan who is already a partner with PXV
Scooter Libby 16 Oct 2015, 05:43
+2 -0
PXV doesn't count. Not big enough.
Monny 5 Oct 2015, 11:09
+10 -4
Yay Rao!
Ex-NLS 5 Oct 2015, 11:18
+18 -2
Congratulations Ani! Awesome stuff!
Old TImer 5 Oct 2015, 12:44
+9 -2
Congrats Oni - good show
Real Gem 5 Oct 2015, 12:57
+7 -16
Real gem and kind soul is Upasana Roy.
ZZB 5 Oct 2015, 16:33
+0 -1
Best wishes to them!

Kian, how is the Trilegal Mumbai doing in Labour & Employment practice?
Seriously 5 Oct 2015, 16:37
+11 -0
Clearly not well given the high level of attrition
Taxsutra 5 Oct 2015, 17:51
+6 -3
Strange to accept fact how Trilegal can manage to have two tax partners, considering the fact tax work load law firm have.
Guest 5 Oct 2015, 18:09
+4 -0
It is interesting how during the heydays of the A&O tie-up, equity was impossible to get and now this. The business model has obviously changed substantially over the years. Many in Delhi must be wondering what they did wrong to not get to the equity pot. Nonetheless, best of luck to all.
Lock down 5 Oct 2015, 18:31
+1 -0
Goosey goosey gander...whither dost thou wonder? Can anyone explain what has goose steps to do with a law firm?

When I see people (soldiers?) marching in goose-steps it gives me the shivers. Totalitarian.
kianganz 6 Oct 2015, 07:56
+1 -1
Soldiers marching is known as marching in lock-step - i.e., their steps are all locked together. That's were the word lockstep in business concepts comes from, I think...
Baba Baklol 5 Oct 2015, 21:29
+19 -1
Partnership is fine. But what the management of Trilegal really need to figure out is what have they achieved so far? True that Trilegal offers good work and competitive pay. True also that they at least pay lip service to work life balance. But Is Trilegal really the organisation that they had set out to be? Or has it become the doyen of law firms in so far as clash of egos, politics, dog eat dog mind set is concerned. One shudders to think of what the poor (somewhat unsuspecting) souls fresh from law school have to go through when all gossip is reported and there truly is no one to trust or confide in. Another thought that I would leave with the management is have you, by design or by default, allowed factionalism to fester in your organisation. So much so that even the people who get hired in your organisation from any particular college tend to belong to the group that is already represented from that college in your organisation to the exclusion of others. Think about it. And you may just succeed in making Trilegal a less bitchy place.
Numbers 6 Oct 2015, 03:32
+5 -1
For a firm which has had an equity model for the longest time, 30% of equity partners got inducted in the last six months - that by itself says a lot.
Congrats 7 Oct 2015, 06:41
+4 -2
Well deserved for Atul. Hardworking with impeccable track record. Good to see partners coming up in areas like employment law. Huge potential.
Nation wants to know.. 7 Oct 2015, 13:17
+7 -0
The nation wants to know that why so many comments of readers are awaiting moderation.
Ex-trilegal 7 Oct 2015, 18:55
+1 -1
Deserving bunch of folks. Don't know some of the newer ones but Atul, Rohan and Ani were natural choices. All the best to them all.
Curious curious curious 7 Oct 2015, 19:15
+1 -1
Can someone enlighten me as to how much such new partners in the top firms make per annum? Do the associate partners (ie non-equity or salaried) in firms like Khaitan, AZB etc make as much as the ones who are selected into equity (like Trilegal here)?
Curious 2 8 Oct 2015, 14:58
+0 -0
koi answer do bhai. Mai bhi curious hu...
Pay Partner 11 Oct 2015, 03:46
+2 -0
Associate partners make 60- 85 lakhs in the top 7 firms. Equity partners make more than 1.2 crores. Luthra and Khaitan may be lower as they have differential payment structures.
That explains it 12 Oct 2015, 07:39
+0 -0
If Pay Partners answer is accurate it explains the more rigorous partner promotion process I have heard firms like Trilegal use Vs. firms like Khaitan who literally promote en-mass.
Anony 12 Oct 2015, 11:23
+0 -0
Isn't trilegal all equity?
yes 13 Oct 2015, 13:55
+1 -0
damn, I shouldnt have quit. 1.2 crores at 8 years experience is serious money. good to see wealth being distributed to partners and associates at tri. others paying attention??
Really? 15 Oct 2015, 09:08
+0 -0
Is it common for 8 years' experience lawyers at Trilegal (or any other firm, for that matter) to make equity partner? Doesn't sound right to me. I'd say 8 years to make salaried partner and another 4 to make equity partner.
sam- not photostudio 12 Oct 2015, 11:29
+0 -0
this other Sam fellow is the photostudio wala sam na?