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Luthra promotes 3 corp, 3 lit partners and raft of assoc’s but no Beemers, equity this year

Luthra: Proud moment
Luthra: Proud moment

Luthra & Luthra has promoted six associates to its partnership, of whom three are in its Delhi litigation practice.

On the transactional side, managing associate Aparna Mittal and Manmeet Singh in Delhi office and Shishir Jose Vayttaden in Mumbai were promoted to partner level. Mittal and Vayttaden both specialise in corporate and M&A, while Manmeet Singh is a project finance specialist.

All have spent their entire career at Luthra with the new corporate partners – Mittal and Vayttaden – having graduated from NLSIU Bangalore in 2005, while Manmeet Singh graduated in 2004 and completed an LLM at Columbia Law School in New York in 2007.

In the Delhi litigation team managing associate Tarun Dua, and group heads Sanjeev Kumar Sharma and Suyash Srivastava were promoted to partnership.

Meanwhile, Luthra minted nine new managing associates and 20 new senior associates, reported legal website Bar & Bench today (see list below).

Managing partner Rajiv Luthra said in an emailed statement: “It’s a pleasure and moment of pride, to confirm that most of these young professionals have been nurtured by the Firm - most of them joined the firm straight out of law schools... to watch the metamorphosis of such organic growth is all together a different and indescribable joy... The years ahead are definitely going to benefit with such a foundation of immense talent...”

No announcement was made at the promotion ceremony last weekend about the firm’s long-standing plans to widen the firm’s equity to a greater number of partners, which was first announced in June 2009 but has since seen little progress.

However, it is understood that over the past years the firm has had discussions with a number of consultants about implementing such a change, with UK legal magazine Legal Week having reported in March of this year that management consultancy McKinsey was instructed.

At last year’s major partnership promotion in August 2011, the firm promoted three associates to partnership and promised a choice of BMW, Mercedes or Audi cars to five partners, of which four have taken delivery of the cars. [Correction: The original version of this story was incorrect in respect of the number of cars delivered]

A total of 11 senior associates were promoted to managing associate this time last year, while six made the jump to senior associate.

In January 2011 Indraneel Basu Majumdar was given the nod in the Delhi capital markets team, alongside tax managing associate JP Singh and corporate lawyer Deepak Joyce and project lawyer Piyush Mishra in December.

New managing associates: Tanmay Amar, Karan Chandhiok, Sandeep Grover, Manish Gupta, Vaibhav Kakkar, Sachit Mathur, Prashant Mishra, Amit Shetye and Manu Yadav.

A grand total of 20 new senior associates were also promoted: Akansha Agarwal, Surya Bala, Yohan John Balan, Aneek Bangabash, Wasim Beg, Mumtaz Bhalla, Kanika Chaudhary, Anant Garg, Vaishali Kakra, Divyakant Lahoti, Sumit Mangal, Karan Mitroo, Mahfooz Nazki, Aditya Periwal, Neha Priya, Rohit Raghavan, Neha Sachdeva, Rohan Shah, Alok Shankar, Varun Shankar, Pulkit Sharma, Tulika Sen, Bhupender Singh, Mihira Sood, Mriga Solanki, Ajay Sondhi, Sidhartha Srivastava, Saurabh Tiwari and Amit Upadhyay.

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