Luthra and Luthra Delhi general corporate partner Prof Anil Kumar Rai left the firm on Friday, after the headcount of the team he was heading at the firm gradually shrunk over the last few months.
“There are certain options which I am considering,” commented the former NLSIU Bangalore professor adding, “It depends [if I will re-join NLS]. It is a statutory organisation so there are certain rules.”
Rai who had joined Luthra in 2006 after nine years of teaching at NLSIU said: “I wanted a change. It had been long enough.” He graduated from Gorakhpur University, obtained a Masters in law from Delhi university and taught at both universities subsequently, until joining NLSIU in 1997 as an assistant professor.
He told Legally India that over “the last five to six months” his core team had shrunk in size, partly as a result of his decision to leave. While one associate moved back to her home-country Nepal, another joined litigation, while a third had gone into independent practice. Three remaining associates of his team would continue working under a managing associate. [Clarification: The initial version of this story incorrectly suggested that Rai’s entire core team had left.]
Luthra senior partner Mohit Saraf commented: “Prof Anil Rai and I have had a long standing relationship which goes back decades since the days we were at law faculty together. Having Anil as a partner at the firm, and with his expertise, it was a great experience for everybody at the firm. Being an academician at heart, he was keen to again pursue teaching and I had to respect his choice in this regard. I wish him all the best personally and professionally.”
threads most popular
thread most upvoted
comment newest
first oldest
first
My west wishes to Prof. Rai for his future!
True- they don't seem to care as much anymore... It was a different story earlier when the love was evident.
My advice? You're probably better off staying away. Why risk getting stuck in a lock in? They say even when exceptions are made, they hold back salaries and deduct a lot of money from somewhere or the other and make it look like a favor they let you leave. Ridiculous if you ask me.
Insiders should jump in and let us know what the mood is like at Luthra right now. While it appears the wheels are falling off, this could also be part of a "right-sizing" project. Which is it?
Ask the person who has left, his team, his colleagues and others, etc and they'll tell you he moved on because of personal preferences / the office didn't offer what he wanted / other similar reasons.
Ask Mohit Saraf (or maybe an odd conspiracy theorist), he'll happily tell you his firm is "restructuring". Rule applies to all Luthra exits wherever he can sneak in those cunning remarks.
Mood inside the office? 'nuff said. We'll let you know when it changes by posting gracious comments. Until then, assume status quo.
Prof. Rai is a remarkable teacher and a truly wonderful person. I wish him well.
threads most popular
thread most upvoted
comment newest
first oldest
first