Law firms
Cyril Amarchand Mangaldas (CAM) has postponed the opening of its physical offices until 31 March 2021 “pending the resolution of the health crisis”, from when it will introduce a policy that will allow staff to work from home (WFH) and more flexibly, according to a press release from the firm earlier today.
$34m L&L turnover revealed as Delhi HC won’t reinstate Saraf into Luthra, mediation to go till 1 Nov
Law firms
The Delhi high court today did not interfere in the partnership dispute between L&L Partners co-founders Rajiv Luthra and Mohit Saraf, ordering both parties to continue mediating until 1 November, reported Bar & Bench.
Law firms
Trilegal’s partnership has completed the vote to induct Shardul Amarchand Mangaldas (SAM) Mumbai-based litigation partner, Nitesh Jain, as an equity partner.
Law firms
Two corporate partners at L&L Partners have given their notice to resign ahead of today’s court hearing following at least two days of mediation.
Law firms
The law firm Singh & Associates, which has been on a lateral hiring spree this year, has been raided by the government’s Income Tax Department (ITD) yesterday as part of a raid on its founding partner Manoj K Singh.
Law firms
19:27: Apologies for the slight delay in updates. The order is out and has told the parties to mediate with Sriram Panchu tomorrow (Saturday 17 October) or by Sunday (18 October) at the latest, but without granting any stay orders to Saraf (which puts him in the position where he is locked out of his firm email and Luthra has notified all clients that they can’t work with him, even on ongoing matters).
Law firms
Shardul Amarchand Mangaldas has hired Bhoumick Vaidya, partner at Mumbai solicitors firm Kanga & Co, in as a partner with his team of five.
Law firms
L&L Partners managing partner Rajiv Luthra has written an email to clients notifying them that senior partner Mohit Saraf was “no longer authorised” to act on behalf of the firm. The email follows the removal of Saraf’s name from L&L’s website and the posting of armed guards outside the doors of the firm’s corporate office in Delhi.
Law firms
Senior partner Mohit Saraf, who holds a 33.4% equity stake in L&L Partners, has internally announced that managing partner Rajiv Luthra has effectively “retired” and “withdrawn” from L&L Partners and that Saraf would “reconstitute” the firm without him. This latest shot in the war of words follows managing partner Rajiv Luthra’s previously telegraphed announcement that he had L&L Partners senior partner Mohit Saraf has accused managing partner Rajiv Luthra of “misconduct and subterfuge”, “malafide actions” and breaching “fiduciary duties”, in his response to a public 24 hour deadline sent by Luthra in an email on Sunday evening.