Bhasin started his law career at Amarchand Mangaldas in 2003 after completing his law degree and masters in law from Cardiff University and Cornell Law School respectively.
He then joined Linklater’s London office in 2006 until December 2010 before joining as counsel Trilegal, the best friend firm of Linklaters magic circle rival Allen & Overy.
Bhasin worked on power, oil and gas, roads and social infrastructure projects at Linklaters as a managing associate in the energy and infrastructure team.
He told Legally India that he was very happy to be part of Trilegal’s strong partnership and project finance practice, which was now around 25 lawyers in size and also worked closely with the firm’s banking practice.
“He is currently working on both financings and refinancings involving innovative structures and has represented domestic as well as international banks and financial institutions. He also advises other project stakeholders including developers, contractors, public authorities and borrowers,” according to a press release from Trilegal.
It added that his clients included Standard Chartered Bank, HSBC, Vinci, AES, the World Bank and Airbus India.
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Last I checked, there was a BCI moratorium on the recognition of foreign law degrees. Did this chap slip through the cracks while the moratorium was not in force?
Trilegal is one of the few firms which I have had great hopes for – I have always imagined that Trilegal would be “the” firm to change the market to introduce a truly meritocratic firm. To their credit, Trilegal did achieve this and till recently had indeed shown the market that they were market leaders on this front.
There is however one criticism – oligarchy. The equity partnership doors at Trilegal seem to be tightly shut. It seems that it is more difficult to make equity partnership at Trilegal than A&O London, which is quiet surprising because India seems to be a burgeoning market as compared with London, which at best can be described as a static market. Naturally this begs the question of how different are the bunch at Trilegal from the more traditional competitors in India.
The more progressive competitors of Trilegal, such as Kaithan, have stepped up the game – Kaithan’s deals which get reported on Legallyindia is perhaps the greatest testament to their success. There is even a hint that larger firms such as Amarchand are genuinely examining equity lockstep. In this market, will Trilegal get left behind in the race to attract highest calibre, or will they be able to adapt themselves to the ever changing market? I guess only time will answer.
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