Banner
[advertisement]
 

LegallyIndia.com

Weekly newsletter




Create an account  |  Forgot your password?
Home

Mulla & Mulla expands equity partnership by 23%

Print
MullaMulla-HN-Vakil Mulla & Mulla & Craigie Blunt & Caroe has promoted three solicitors to partner, including the first female partner in its current partnership.

Rashna Khan, Bhavesh V. Panjuani and Homiar Nariman Vakil will be partners with effect from tomorrow (1 January 2010).

All three started their careers as articled clerks with Mulla & Mulla.

Khan and Panjuani joined 15 years ago, with Khan spending four-years at a smaller firm in the middle of her career, and Vakil started his career as a solicitor 25 years ago, they told Legally India.

Commenting on his promotion Vakil (pictured) said: "It's very exciting, it's the fulfilment of a lifetime dream […] after a quarter of a century."

Vakil specialises in conveyancing and litigation and added that he had worked on a large number of historic cases and constitutional challenges in his time.

Panjuani said he specialises in litigation, arbitration, construction projects and contracts work and that the work-flow was expanding for law firm lawyers.

"The legal market practice is very different to what it used to be," he said. "Today there are a lot of quasi-legal issues which lawyers deal with and sometimes even give inputs on commercial decisions."

He added: "Many clients would now run their intended contracts by the lawyers whereas earlier they would take a decision and ask a lawyer to only draft the document."

Khan will be Mulla & Mulla's only female partner in the current partnership, although historically the firm has had other female partners.

Khan practices litigation, tax and some documentation work but she said that she had never thought of herself primarily as a woman in her professional life. "I suppose it's just if you work hard enough, you bring in revenue and you bring in clients that you are eligible for partnership."

All 16 Mulla & Mulla partners including Khan, Panjuani and Vakil are qualified solicitors of the Bombay Incorporated Law Society, explained Mumbai partner Shardul Thacker.

Thacker also added that the firm had an all-equity partnership and that it did not believe in creating salaried partners without equity, voting rights or third party liability.

Only 6 per cent of candidates have passed the most recent Bombay solicitors exams in October.

In May 2009 Amarchand Mangaldas had hired Mulla & Mulla infrastructure partner Tushar Mavani.
| Share
Comments (1)Add Comment
NB: The comments below are the personal views and opinions expressed by readers and are not those of Legally India. If you believe a comment is inappropriate, please send us a message with your objection and contact details and we will review it as soon as practicable.
0
#1 Equity Plan
written by Anonymous guest, 11 March 2010 16:20
I really thankful to you for this great read!! You did a very great job, keep it up.
  • report abuse
  • +0
  • vote down
  • vote up
  • Does this comment add to discussion? 

Write comment
smaller | bigger

busy
 

Create an account  |  Forgot your password?

Twitter feed

Supreme Court appeals Delhi HC judgement making CJI subject to RTI http://is.gd/9VRbz
GLC Coimbtore law student allegedly beaten with iron rods in ragging incident http://is.gd/9KTwM
Sector update (constitutional): International law not binding on state governments http://is.gd/9JFBW
30.5 per cent of High Court Judgeships vacant - an increase of 15% in only 3 months! http://is.gd/9Jcx7

week in focus

Same difference / Issue 38
article thumbnailStudents may complain about the fees of some private law schools but in reality even national law schools are not the...
For future issues:



Latest features

Women breaking into the Bar: as tough as ever?
article thumbnail"Whatever women do they must do twice as well as men to be thought half as good. Luckily, this is not difficult." The old saying that can be illustrative in...

Latest Comments

Lol
lol! wtf!
NLU Jodhpur pips NLS Bangalore to 2nd MPL place; N...
final scores: vinay- 127 rishabh-133 niharica-112 s2 nalsar-111
Luthra grows Delhi capacity with further half-floo...
i think this guy is breaking the sorta news you'd find on uk legal sites.. cant ...
From INTERNSHIP to PPO (Pre Placement Offer). Wake...
I don't think being IAS's or anybody's daughter matters. Law firms are full of c...
Abhishek Manu Singhvi video interview: Being famou...
i don't understand why people go crazy about the achievements of those who have ...
From INTERNSHIP to PPO (Pre Placement Offer). Wake...
Thangyoo. Thangyooo (With a crude imitation of the cool thankyou and as flowers ...
Khaitan & Co hires IAS man as partner, real estate...
ok seriously....how much hiring is khaitan gonna do....is this some sort of a jo...
Luthra grows Delhi capacity with further half-floo...
Mine acquire a new photo copy machine!!
From INTERNSHIP to PPO (Pre Placement Offer). Wake...
bull shit find an uncle who is an IAS or into Politics or MNC.And the dream law ...
From INTERNSHIP to PPO (Pre Placement Offer). Wake...
Can sm1 tell how a student of low rank non national law universties law colleges...

Online Lawyers

4 users and 883 guests online

Latest forum posts

More posts...