Ojha, who had joined the team of JSA capital markets partner Somasekhar Sundaresan in January 2010, said: “My core specialisation is and will remain in capital markets while I will also be involved in a broader range of work.

“What is interesting about my role is that it is a solid reputed firm with a focus to expand its capital markets practice, and hence the opportunity to grow a practice area while also working across a wider range.”

Desai & Diwanji Mumbai partner Vishwang Desai said that the hires, which included corporate and capital markets partner Dewan joining in Delhi from FoxMandal, were a dual effort across the firm’s offices to push equity capital markets.

“Capital markets is famously cyclical,” noted Ojha, but added that private equity firms continued needing exits from investments and companies still needed to raise significant volumes of cash without increasing leverage. “This reality explains why capital markets is a critical practice area for full-service law firms.”

Her last day at JSA was on Friday (20 July) and she is set to join Desai & Diwanji around the middle of August.

Ojha graduated from NLSIU Bangalore in 2002, completed an LLM at New York University (NYU) in 2003 and had previously worked at firms including Amarchand Mangaldas and Luthra & Luthra.

Sundaresan commented: “I wholeheartedly wish Srishti the very best with her new role. The Diwanji brothers are excellent professionals and good friends of mine, and I am happy that is the company she will keep.”