Former Amarchand Mangaldas partner and Norton Rose of counsel Prashanth Sabeshan has joined Majmudar & Co as partner in the Bangalore office today.
Sabeshan will be heading Majmudar’s infrastructure and projects practice across India. Before joining he worked as in-house counsel on a South Asian mine and rail infrastructure project from Singapore between July 2010 and November 2011.
“I was looking at a firm which had a fair amount of international referrals and work. They had worked closely with a few international firms and the feedback from those firms was very good,” said Sabeshan.
He started his career at Amarchand after graduating from NLSIU Bangalore in 1997 and left in 2007, after becoming a partner at the firm, to join Freehills in Australia for one year as a senior associate, followed by one year at Norton Rose in Singapore. In 2009 he qualified as a solicitor of England and Wales and said he returned to India for family reasons.
Despite being an Indian firm, explained Sabeshan, Majmudar worked on many international deals as Indian clients were increasingly going global. “There was a lot of synergy in terms of what I had done the last four to five years.”
Sabeshan is experienced in project development, foreign investment, commercial contracts, mining law, environmental compliance, project finance and other issues in infrastructure projects.
He gained significant exposure after working on the Gladstone LNG project, Exxaro project, and a mining joint venture during his time abroad. Those deals involved a bit of everything, ranging from investment and disinvestments, projects and construction, bankruptcy and other issues, he told Legally India.
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To all who talk of "under achievement", am sure Prashanth has achieved much more in terms of a family life and times spent with good friends and family. He was never a cut-throat, to hell with life & family type of a guy, however I've never heard/seen him slacking or not delivering the very best. A super efficient guy, if he could complete his work by 8 he'll not stay back till 12 just to show off and belong in the "crowd". It's a pity that many of our top law firms don't know how to nurture these people.
the seniors should let go off the clerical mindset of judging juniors by the amount of time spent and whether they hang around as long as the senior and to promise clients unreasonbale timelines. I would be a little judgmental in saying here that considering the steady stream of available juniors and lack of any quality conciousness (towards client) helps the seniors ignore these issues and focus on increasing recoveries.
I am happy for the would be juniors of PS. Not only will they get to learn oil and gas law from a well experienced and overseas trained lawyer, but also will have some life!
A house on rent is no lesser a home than one you own.
is it not enough that it is a very good national firm with quality work and a (slightly boring, admittedly) reputation for reliability?
Have a good and peaceful weekend..
Prashant - great guy! Best of luck. Good to have worked under you once.
To all those who have used words like "underachieving", "downgrade" etc.....nothing is more meaningfully "achieving" in life than the ability to make the choices that are right for you, and the courage to live by those choices even at the risk of the world perceiving them as "downgrades". With his wide experience and immense goodwill, am sure Prashanth will have a great time building something exciting from bottom up......that sounds to me like an investment in an "upgrade"!
Looking at the inside picture, the firm is going through the worst phase right now after entire corporate team leaving them one after another. Knowing Prashanth, he could have joined any firm as a partner in Bangalore. He is a gem of a person and I wish he has though about it so he doesn't regret it (unfortunately that will happen very soon).
HA HA HA... "Competent Corporate Practice" LOL
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