Wadia Ghandy has created a joint managing partner post, which managing partner Ashish Ahuja will share with executive committee partner Dhawal Mehta.

Lakshmikumaran & Sridharan (LKS) has made up seven non-founding partners into equity, for the first time ever, in its 30th year of existence.

Luthra & Luthra has promoted six associates to its partnership, of whom three are in its Delhi litigation practice.

It is fair to say that a sizable number of Indian senior associates and junior partners are preoccupied with equity, or rather a lack of it.

Luthra & Luthra partners have agreed to completely overhaul their management and partnership structure, which will see up to six current salaried partners enter the newly opened equity on a lockstep system.