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Luthra corporate to ‘grow up’ in Mumbai with DSK Legal partner

Mumbai Nariman Point
Mumbai Nariman Point
Luthra & Luthra has hired DSK Legal associate partner Deepak THM as a private equity and M&A partner in its growing Mumbai office, taking the total headcount to five partners.

Deepak had been with DSK Legal since 2003, before which he was at Nishith Desai Associates having graduated from NLSIU Bangalore in 1999.

Luthra & Luthra senior partner Mohit Saraf said: “The aim is to make Bombay as a full service firm with multiple partners and bandwidth. Right now we are pretty well positioned on finance side but partners on M&A and PE are pretty overleveraged.”

“Deepak is definitely a senior level hire who can run his own deals.”

Luthra & Luthra has been trying to expand its corporate strength, particularly in Mumbai, following the May 2010 hire of former Clifford Chance senior associate Sudipta Routh as a corporate partner.

In February Delhi finance partner Aniket Sengupta relocated to Mumbai to further shore up the office’s strength.

“There is a requirement today – we are pretty much stretched at the firm,” admitted Saraf, adding: “The next hires will be on tax side and IPR side. Our aim is to significantly grow up in Bombay.”

Deepak said: “I will be working with the private equity relationship and that’s the same kind of work I’ve been doing here at DSK. Luthra has a relatively small PE / M&A team in Mumbai which is expanding and looks like a good opportunity.” He is set to start on 1 October.

DSK Legal managing partner Anand Desai confirmed Deepak’s departure and wished him well.

After Deepak’s departure, DSK Legal has a total of 75 lawyers, of whom 10 are partners and four are associate partners, according to Desai.

On Legallypedia: Luthra & Luthra and DSK Legal.

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