Delhi-based intellectual property firm Lall & Sethi (L&S) turned into a partnership after 20 years as a sole proprietorship firm since established in 1993. Three partners were internally promoted at the firm.
Senior associates Raghav Malik, Jyotideep Kaur and Tia Malik were promoted to the partnership, after seven years with the firm, according to a press release.
The three partners and a fourth senior associate Naval Kastia were first given charge of specific clients as portfolio managers dividing up all clients of the firm amongst these four, while L&S managing partner Chander Lall headed the litigation practice.
Lall has now relinquished the designation of managing partner, taking up the founding partner mantle at the firm. By the newly instated “one partner one vote” system Raghav Malik was voted into the managing partner chair.
The newly made up equity partners have rights to the firm name Lall & Sethi and also have the right to vote on whether a family member of any of the equity partners can enter equity, added the release.
Senior associate Kastia has left L&S to join Coca Cola – a client of the firm – as its trademark counsel for the India and South West Asia region.
Lall stated in the press release: “I am confident that the infusion of young blood as partners in the firm will take the firm to the next level of growth and efficiency. I am also very happy for Naval to have been selected at such a senior position with an important client of the firm.”
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definitely not Harish Salve but definitely NOT an IP lawyer.However I am sure you are one. What do you do??? i am sure you check registration certificates for omissions of commas, full stops and hyphens...or better are you the one filling TM-1,2....? I pity the IP lawyers.
No genius, those are things Trade Mark Agents do. IP lawyers handle matters involving prosecution, oppositions, cancellations, infringement, passing off, clearance searches, IP enforcement strategies, et al.
What do you do? Slog your guts out drafting sloppy due diligence reports that are trashed within hours of their release to the client? Or do you belong to the genre of 'advocates' who've dedicated their entire lives to taking adjournments and pass-overs for seniors?
What do you do? Slog your guts out drafting sloppy due diligence reports that are trashed within hours of their release to the client? Or do you belong to the genre of 'advocates' who've dedicated their entire lives to taking adjournments and pass-overs for seniors?
i belong to the breed who gets you your bread and butter non genius!!! the one who does transactions and lets IP lawyers do the filing bit for assigning-transferring TMs and CRs...et al. Oooops does it hurt???
I belong from the lot that conceives and creates entities to let you do your bit of TM/CR filings (Peanuts)!
And did i hear opposition, passing off and clearance search....??? damn it sounds so thrilling...so which examiners do you have to bribe this diwali/dusshera to get your opposition cleared and registrations done??? and also did i hear search???? man you must be kidding...i heard para legals do that bit after public search was been made online? Hard luck dude if you have to do that too.
BTW You will never come close to a DD report. Forget understanding one for you to trash. Ever thought how a Financial statement or a consolidated balance sheet might look like??? FYI all that too goes into a DDR bimbo. And sorry to hurt you once again an average DD fetches at once your entire 5 years pay cheques (oouch now that hurts) and we do it 50 times a year!
I heard of some one who went to an IP lawyer for a TM licensing agreement, poor thing could not make out a license from an assignment...(hope it wasnt you bimbo???)
"Conceive" and "create"? Pfffffttt..... please don't be delusional....needless to say, all 'conception' and 'creation' happens elsewhere...it happens behind closed doors in boardrooms....these are business decisions...and they are taken by people who have truckloads of experience in handling complex business issues...these are the guys who practically push the country and the economy forward...all you dunces do is 'draft' the memorandum and articles...pay the statutory fee/stamp duty and file your forms 1, 18, 32....so much for 'creation' and 'conception'.....
And whoever taught you that IP law practice is only about reporting assignment of TMs/CR and conducting public searches probably knows as much IP law as you do. The IP dispute resolution practice in the Delhi High Court alone is worth more than a 100 crores a year. Nearly 30% of all matters listed every day are IP matters. You would've known, only if you had ever attended court in real life...tch tch tch!
P.s. I think that (self-styled) IP lawyer was your firm's senior partner who leads the 'corporate law' practice and knows as much about licensing as much as he knows who his wife is sleeping with (and just in case you were wondering who that might be - tonight, it's me ;) :*
Dum dee dum....
Your piece of trash speaks volumes about your ignorance! Financial statements are prepared by CAs etc. true! but who would advise the entity to go on an acquisition, merger or simple asset purchase looking at the set of financials (will it be you BIMBO)??? I guess you need a corporate lawyer for that. As for qualifications for once you got it right. But i wonder if IP lawyers are any differently qualified?? MSc/ MTech/Btech/ Phd, Trade mark agent.....???
Ignorance is the forte of IP lawyers! Ever heard of a deal going through without a Corporate lawyer around? I guess corporate lawyers are essentially in all Boards. Aaah you have a knack for knowing about Forms (your bread comes from filing Forms, i forgot)beside the regular TMs, we leave that to company secretaries to accomplish.
Are you serious about the 30% ratio??? O my god! Is it that hard on you guys that you need to take out statistics to justify your existence and convince your wives from not running away? So you break your back at DHC??? Pity you!
I too heard of a ratio (this time 100%)may be you can definitely testify....wives of your such have made their transitions to the greener side of the picture??? I did a few of them last month though....Oopps does it hurt again? sorry...i never meant to give this away but since you knew the extra bit i thought i should make your database complete.
i recently read somewhere the one of the best paying professions are that of a corporate lawyer. Ever heard that for an IP lawyer???
It's Sandeep Sethi, now a Senior Advocate.
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