Sen: Level Up!Sen: Level Up!Exclusive: Barely one-year-old start-up Verus Advocates has expanded its partnership with Bharucha & Partners corporate senior associates Dipankar Bandyopadhyay and Jay Parikh joining in Mumbai, while litigators Rishad Chowdhury and Sourav Bhagat will join in Delhi and Kolkata respectively.

Verus, which was started up in February 2011 by Bharucha senior associate Krishnayan Sen in Delhi, Kolkata and Mumbai simultaneously, will grow to five equity partners with the new joiners.

All five equity partners are NUJS Kolkata graduates, with Dipankar Bandyopadhyay and Sourav Bhagat starting their careers in 2005 in the Kolkata High Court, while Rishad Chowdhury, Jay Parikh and Sen graduated in 2006.

The firm currently has around 10 non-partner fee-earners – five in Delhi including two counsel, four in Mumbai, and three in Kolkata - as well as an office headed by Nalsar Hyderabad 2005 graduate and litigator Mayur Reddy in Hyderabad.

Sen said: “It’s been a very steady growth the last 15 months. The biggest challenge was that all four offices grow steadily and that’s something that has happened.”

Around 75 per cent of the firm’s revenue currently came from litigation, he added, which would balance out into transactional with the two lawyers joining from Bharucha. The new joiners would usher in “the next level of growth”.

“I think it’s possibly going to be a distinguishing factor, having a very strong balance of both corporate and litigators.”

Jay Parikh: Bitten by a bugJay Parikh: Bitten by a bugCorporate adventure

Bandyopadhyay and Parikh started at Amarchand Mangaldas’ Mumbai office in 2006 and joined Bharucha & Partners when it broke away from Amarchand in 2008.

“It was the entrepreneurial bug that bit me,” said Parikh about going to Verus. “This was always something on the backburner in a sense, because I had always thought of doing something on my own and it came up as a brilliant opportunity.”

He added that it would be challenging and that the responsibilities as a rainmaking partner would be different at a start-up firm to having been an associate at an established firm, although at Bharucha they had been involved in marketing and business development activities.

Bandyopadhyay added: “When we started out at Bharucha I had the flexibility of going out for clients and making new clients for the firm. The same role will continue but at a much more aggressive pace at Verus.” He said that he also wanted to be involved in training associates.

“They caught the entrepreneurial bug,” commented Bharucha co-founding partner Alka Bharucha, adding: “We certainly wish them well.”

Litigation bug

Chowdhury who is qualified to practice in India and New York after an LLM at Chicago Law School, will head litigation with Sen in Delhi, having previously worked in the chambers of senior advocate Raju Ramachandran.

Bhagat joined the firm in February 2012 after a stint with Fox Mandal in Kolkata and senior advocate Joymalya Bagchi until he was elevated to become judge at the Kolkata High Court in June 2011. Bhagat’s mandate would include finding work in eastern India, particularly in Bhubhaneshwar and Guwahati.

The firm will convert from sole proprietorship to a partnership firm from tomorrow and will be managed “collectively” by all the partners without a managing partner, said Sen. “The best part is that all the partners know each other for quite some time.”

Two more associate would join in Delhi shortly, and in both Delhi and Mumbai the firm was now looking for new office space, he noted.

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Like +6 Object -0 mailg 31 Mar 12, 22:11  interesting
"Jay Parikh: Bitten by a bug". Funny caption for a picture.
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Like +1 Object -1 bugging 01 Apr 12, 09:58
Quoting mailg:
"Jay Parikh: Bitten by a bug". Funny caption for a picture.

so many bugs!!!! Poor writing.
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Like +1 Object -1 Wise One 31 Mar 12, 22:16
Going by earlier comments on LI's "Dirty Picture" post in October / November, it was always expected that Jay and Dipankar would join Verus later.
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Like +1 Object -1 Wiser One 01 Apr 12, 10:57
I concur...Long time coming
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Like +1 Object -1 Atlas 31 Mar 12, 23:13
What is this training associates supposed to be?
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Like +0 Object -0 walternate 31 Mar 12, 23:26
good show krishnayan da and ponki da
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Like +4 Object -0 a junior from 2007 01 Apr 12, 01:07
Guys just make sure u do not go the RDA-PXV way!!!!
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Like +2 Object -0 XXX 01 Apr 12, 09:48
This is gr8 news krishnayan. To start single handed, grow to 4 offices which such good bench strength in such a short time is indeed an achievement. Keep rocking mate.... All the best....
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Like +1 Object -0 Club Mukut Owner 01 Apr 12, 11:17
Congratulations Bugs Bunnies!
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Like +0 Object -0 Club Mukut Co-Owner 02 Apr 12, 02:08
Quoting Club Mukut Owner:
Congratulations Bugs Bunnies!

I think we should all insist that the one-day old Verus Partnership should pass a resolution to the immediate effect that the above picture/photo of Mr. Sen be framed and hung at the entrance of every office of the partnership throughout India.

On another note, loads of best wishes guys. I know you will make us proud. Good luck to the team.
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Like +0 Object -0 student 01 Apr 12, 12:14
Please give email id of Verus for job application. Thanks.
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Like +0 Object -0 Mr Bara-ucha 01 Apr 12, 15:40
April Fool!
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Like +0 Object -0 ambitious kitty 01 Apr 12, 20:10
this new trend of young lawyers starting their own thing is laudable indeed. however, it looks like impatience gets the better of these fine young legal minds. rather than honing their trade for a while before branching out, the name tag of having ur own firm is pretty elevating, albeit foolish. anyhow, good luck to the latest bunch. keep the spirit high and do not let failures deter you.
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Like +7 Object -0 super-ambitious dog 01 Apr 12, 21:09  interesting
Quoting ambitious kitty:
this new trend of young lawyers starting their own thing is laudable indeed. however, it looks like impatience gets the better of these fine young legal minds. rather than honing their trade for a while before branching out, the name tag of having ur own firm is pretty elevating, albeit foolish. anyhow, good luck to the latest bunch. keep the spirit high and do not let failures deter you.


perhaps instead of asking why young lawyers are branching out without honing their trade, we should ask what the law firms are doing wrong that they cannot retain the right people? Does the fact that law firms are called "Shroff" and "Bharucha" etc. have something to do with it?
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Like +1 Object -0 ambitious kitty 02 Apr 12, 15:48
Quoting super-ambitious dog:
Quoting ambitious kitty:
this new trend of young lawyers starting their own thing is laudable indeed. however, it looks like impatience gets the better of these fine young legal minds. rather than honing their trade for a while before branching out, the name tag of having ur own firm is pretty elevating, albeit foolish. anyhow, good luck to the latest bunch. keep the spirit high and do not let failures deter you.


perhaps instead of asking why young lawyers are branching out without honing their trade, we should ask what the law firms are doing wrong that they cannot retain the right people? Does the fact that law firms are called "Shroff" and "Bharucha" etc. have something to do with it?


i dont think i borrow ur idea of law firms not retaining people. i am just commenting on how, 4-5 years of work at a law firm will equip you to take such risks. if you talk to risk taking, take one right after law school, one wouldnt coz no client would come aboard. while this makes sense, i cannot appreciate how much client development can take place after 3-4 years. this is not a question of how good or bad a lawyer one is,it is about grounding in practice (disassociated with ego really) . If someone can learn everything there is to learn in a year, he should start his own thing and why not.

anyway, i congratulate these guys. hope they keep the entrepreneurial spirit alive.
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Like +0 Object -0 Genius 02 Apr 12, 20:49
Do you know why the profession of lawyers and doctors is called a "practice". Because you learn all your life... and your just practicing what you learn.... even 60 years into the profession youll never know it all
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Like +1 Object -0 NLS Fan 02 Apr 12, 02:41
Are bookies taking bets on how long this firm will last? NUJS always manages to surprise - not that my own seniors ever managed to make any well known firms despite graduating nearly 20 years ago! [...]
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Like +0 Object -0 King Kong 02 Apr 12, 13:04
Arre, Ponks' picture should have been put up with article - much good it would have looked - very happy for Verus - wish them the very best!
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Like +0 Object -0 kong king 02 Apr 12, 14:23
Are brother now lets not instigate fight on whose picture is there and whose is not there
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Like +0 Object -0 King Bong 02 Apr 12, 18:01
Brother instigating on whose picture is not there...hmmmm...
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Like +0 Object -0 Investor 02 Apr 12, 17:14
Dear Verus Advocates,

What is the area and location that you are looking for new office space in Mumbai and what is the budget ?
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Like +9 Object -1 Anon 02 Apr 12, 18:01  interesting
Quoting Investor:
Dear Verus Advocates,

What is the area and location that you are looking for new office space in Mumbai and what is the budget ?


Kian should be quite happy - it seems even real estate brokers now read LI! :D
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Like +0 Object -0 Hawww 04 Apr 12, 10:02
I am not a real estate agent. :'(
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Like +0 Object -0 JCD 05 Apr 12, 18:08
I wonder how long such start ups can survive and give a fight to the big daddys (AMSS, AZB, Luthra, JSA, etc.)................in a couple of years we are sure to see some consolidation............ .....
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