•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences
Subscribe for perks & to support LI

██████ stream of hires continues: ██████ ██████ ██████ to join as director legal for business

122 people have already read this article, which will unlock for non-subscribers like you in . So what are you waiting for? Subscribe now!

Amarchand promotes 13 partners, 70% women, in boon to corporate, comp, lit

Ipsita Dutta (corp Mumbai)
Ipsita Dutta (corp Mumbai)
Amita Choudary (corp Mumbai)
Amita Choudary (corp Mumbai)
Aysswarya Murthi (corp Mumbai)
Aysswarya Murthi (corp Mumbai)
Amarchand Mangaldas has internally promoted 13 lawyers to partnership today, with an even split between the Mumbai and Delhi offices.

A total of six partners each were promoted in Mumbai and Delhi, while one additional partner was made up in Bangalore, which is managed from the Mumbai office.

Nine out of the 13 promotions, or almost 70 per cent, are women.

It is understood that the partnership selection process began in February with the evaluation process, followed by internal discussions amongst partners.

In the last week prospective partners then faced interviews with the managing partner, followed by the family board, with the final approval granted by the managing committee.

Delhi managing partner Shardul Shroff commented in a press release that the partner selection process had been “comprehensively revamped” after the Boston Consulting Group (BCG) review last year that resulted in the so-called “Amarchand version 3.0” strategy last October, as first revealed by Legally India.

“All the candidates have been selected after several rigorous rounds of evaluation by the managing partners and the firm’s management committee,” said Shardul Shroff.

“The move also reflects the ‘2 wheels of the bicycle’ concept through promotion of both family and non family talent,” he added, referring to the idea that one wheel represents the founding family partners, while the other represents the non-founder family, which are both co-dependent and won’t function without each other.

The BCG plan also envisages the firm to grow to 1,000 lawyers and 100 partners by 2017.

The size of the partnership now stands at 68 and approximately 550 lawyers.

Corporate practice (5)

Vidyut Gulati (corp Delhi)
Vidyut Gulati (corp Delhi)
Rashmi Pradeep (corp Bgl)
Rashmi Pradeep (corp Bgl)

Amarchand has promoted corporate and M&A lawyers Amita Choudhary, Ipsita Dutta, Aysswarya Murthi in Mumbai (all three are 2005 campus recruits, pictured above).

Choudhary specialises in public M&A, corporate restructuring and joint ventures (JV), Dutta focuses on financial regulatory work, and Murthi works primarily in the financial services sector on corporate and M&A.

Bangalore saw the promotion of Rashmi Pradeep, who joined the firm in 2003 and specialises on corporate and private equity in South India.

In Delhi Vidyut Gulati was elevated, having joined the firm in 2006 as a lateral hire. She has experience in M&A and corporate work and investments in the infrastructure space.

Competition team (3)

Naval Chopra (Delhi)
Naval Chopra (Delhi)
Shweta Shroff (Delhi)
Shweta Shroff (Delhi)
Nisha Uberoi (Mumbai)
Nisha Uberoi (Mumbai)
Delhi principal associates Naval Chopra and Shweta Shroff Chopra were both promoted to partner in the competition team.

They are Amarchand Delhi managing partner Shardul Shroff’s son-in-law and daughter respectively and joined in 2009.

Principal associate Nisha Uberoi got the nod in the Mumbai office’s competition team. She had first joined the firm from campus in 2002, followed by stints at Ashurst and Rajah & Tann in Singapore.

Disputes (3)

Jasleen K Oberoi (Delhi)
Jasleen K Oberoi (Delhi)
Ruchi Mahajan (Delhi)
Ruchi Mahajan (Delhi)
Indranil D Deshmukh (Mumbai)
Indranil D Deshmukh (Mumbai)

Ruchi Mahajan and Jasleen Oberoi, both of whom have 12 years of post-qualification experience (PQE), were promoted to partner in Delhi.

Mahajan has been with the firm for nine years.

Oberoi joined in 2008 from Dua Associates, where she was a partner.

Both will focus on developing the practice relating to disputes, corruption laws and white collar crime.

Indranil Deshmukh was elevated as litigation partner in Mumbai, having joined the firm in 2003 from college. He will focus on litigation, as well as developing litigation in Bangalore, Hyderabad and Chennai.

CM and IP (2)

Gaurav Gupte (Mumbai)
Gaurav Gupte (Mumbai)
Nitin Masilamani (Delhi)
Nitin Masilamani (Delhi)
Capital markets principal associate Gaurav Gupte (joined in 2005 from campus) was promoted in Mumbai.

Intellectual property (IP) and patents specialist Nitin Masilamani (joined in 2002 from campus) was made up in Delhi.

Mumbai managing partner Cyril Shroff added that the promotions reflected the primary strategy of organic growth and a deep internal bench strength. “This gives us the confidence that we are firmly on track to achieve our ambitions set out as part of BCG engagement, which would make us one of the largest in Asia.”

The partner promotions take retrospective effect from 1 April 2012. Associate promotions will be announced later this month or early next month, it is understood.

 

 

In October 2011 Amarchand promoted eight lawyers internally to partner, as five entered the non-family equity pool.

Amarchand Delhi partner and tax head Aseem Chawla resigned from the firm, reported Legally India yesterday.

Click to show 169 comments
at your own risk
(alt+c)
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.

Latest comments