Luthra & Luthra has leased another half-floor of 7,000 square feet in its Delhi office.
"We had a little less than half the ninth floor," said Luthra & Luthra founding partner Rajiv Luthra. "Now we have another 7,000 sq feet more of carpet [usable area]."
It is understood that the tax department will move to the new area when decorations are finished in around one-and-a-half months.
Rajiv Luthra will also move into a new office on the ninth floor from his existing office on the first floor.
The further expansion follows the firm having taken on an additional 50 per cent on part of the ninth floor in November of last year, bringing Luthra & Luthra's Delhi space to 24,000 square feet.
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Also one of the mirrors got fixed.
@9
Heman Sahai Associates...a global player? hahahahahaha
I mean if u want to cover a firm just provide a legitimate profile - office size, recruitment, deal worth mentioning, key partners.
In your other story abt how a certain partner of a firm who has won the local bar election is fighting tooth and nail about a committee election he had lost. He maybe right but you should cover the story of the other side also. i hope u do ur homework and ensure that they are unbiased.
I hope u dnt next put up a story that they are getting soup and coffee machines for the additional spaces!!!
If you look at some websites on the UK firms, you will come across all sorts of info which are not related to deals / what you guys may think is newsworthy. You will find LOTS of GOSSIP. SO LegallyIndia is providing a service that reports both news and gossip ... and that's a great idea as it caters to all tastes. Whether you like it or not isn't a yardstick; some people like it. Kian & team are doing a good job by putting info to the stakeholders. Maybe some law students will find expansion stories interesting. Maybe some laterals would find such info useful in understanding which way a firm is headed. Maybe some would just like to know what's happening in general.
Also, if Legally India is getting paid to report certain stories, what's wrong in that? You are not funding them for writing your comments, are you? And you must be dumb to ask such questions really. Of course websites "may" be getting paid. As long as they report facts, its not wrong to accept sponsorships from law firms.
Its easy to criticize guys, but free speech aside, what do you gain by such petty approach?
Thanks for your comments.
First off, I agree, this was not huge news although I did not expect such a backlash against something which does shed light on a firm's expansion strategy.
Second, I just want to repeat that we do NOT EVER take any money from law firms or others for writing editorial articles about them.
None of the articles featured on Legally India should be advertorial but are all independently selected because we think they are somewhat interesting.
Please read our mission statement for more details on our editorial policy:
www.legallyindia.com/legally-india-all-news-about-the-indian-legal-market
Best regards,
Kian
And the fact remains that they are doing phenomenally well of late - based on reports published on another website - they won the India BUsiness Law JOurnal's Law Firm of the Year Award as well as the IFLR India Law Firm Award. And 7000 square feet is space for atleast a 100 more associates in a tier one law firm- that is DEFINITEly news - especially for us from NLS and NALSAR.
BTW what news on bonuses in various law firms? any plans for conducting an anonymus survey?
But few things to point out.
1. Yes, this is news. A similar incident of more office space is mentioned everywhere in legal journalism, whether in the form of a blurb or not.
2. No, this is not an expansion strategy. The jokes made at Kian's expense are in this case well directed since he employed the incorrect terminology. Other commenters however, are right when they say that it indicated that Luthra is a burgeoning firm.
3. All this talk about more office space is making me angry. You guys have cubicles or cabins. What about others? I am a Pakistani lawyer working in the top law firm of Lashkar-e-vakil-e-qaed-a-vakalat which was the IJA law firm of the year and we only have primitive caves as our workplaces. Beat that!
why can a firm not grow in the same building?? why does it have to be another city or country... lol... If it takes more space on a different floor of the same building or even more space on the same floor it is "expansion"
Expansion is to grow - to have more than what you had before...
"Expansion requirement" vs. "expansion strategy" - like splitting hairs much?
If you are a lawyer, (which doesnt show from your comment even if you are) sometimes you need to split hairs ... after all law is a profession of words .
Moreover, if you read the newsline, it reads - " Luthra grows Delhi capacity with further half-floor" . Growth always reflects your present situation based on your continuous performance. In Luthra's case, the "further half-floor" is nothing but a requirement to sustain the growth .... and that is no doubt a very positive sign. But, it can never be an "expansion strategy". I believe, even the Luthra people will agree with me.
Unlike others, I am not complaining that such news should not be published. But, the reasoning which Kian had provided, does not justify. He could have simply said that as an editor he considers this news to be important to show how Indian law firms are growing as lot of work are coming in .
First of all, apologies for the late response as I am currently travelling.
@29 and others- I do disagree somewhat. I wrote in my original comment that this "sheds light on" the firm's expansion strategies, which it does.
If a firm decides to expand in its existing office by taking on a lease of another floor, that is certainly evidence of a strategy of some sort and you can bet that senior partners will have discussed this before deciding on it. Property is a large part of their fixed cost for most law firms.
The alternative could have been to say, we are fine with existing space and size in Delhi and would prefer to focus on other offices or cities.
But in a sense what constitutes "expansion strategy" and what does not is a fine line and I agree that there could be valid criticism of the term I used in my original comment.
Best regards,
Kian
No problem about criticism at all. I actually think it's great that I get to hear these things and find out which stories readers enjoy and which they don't.
It is a rare privilege in publishing to get instant feedback so please, feel free to criticise absolutely anytime, will always be welcome! Debate is good.
Best wishes,
Kian
Thus to state that the news of expansion is trivial as has been suggested in some of the comments, is incorrect and is made without comprehending the impact of such news. All of us who watch legal spaces need such info to keep abreast of the health of the players in the community. After all signaling a sign of good health can mean good prospects for others!!
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