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Khaitan promo’s two into Mumbai equity, hires Sahay as Delhi lit partner

Sahay: From firm, to lit, to start-up, to firm
Sahay: From firm, to lit, to start-up, to firm

Khaitan & Co has promoted real estate associate partner Abhishek Sharma and competition counsel Avaantika Kakkar to equity partnership in Mumbai, while hiring start-up litigator Rahul Sahay in Delhi as an associate partner.

Sharma was promoted as associate partner in 2011, having joined Khaitan in 2005 and graduating from GLC Mumbai in 2002.

Kakkar, who is a 2003 graduate from ILS Pune, will co-head the competition practice in Mumbai.

The counsel role is an alternative to partnership at Khaitan, either as a permanent career track if a senior lawyer wishes to focus on execution but less on business development and rainmaking, or as a way for those with family obligations or health issues to advance without the accompanying travel and rainmaking time-commitment.

The promotions were announced at the firm today, after in April the firm promoted three lawyers in Delhi to associate partner (Joyjyoti Misra in corporate, and Prateek Kumar and Susmit Pushkar in litigation), and two in Mumbai (Adheesh Nargolkar and Niren Patel).

The equity partnership promotion process in Khaitan consists of an in-house assessment by the senior committee, and a so-called “behavioural assessment” test and 360-degree appraisals assessed by an external HR consultant over two to three years.

The 360 degree appraisal, which was rolled out several years ago at the firm, includes appraisals from peers, and senior, junior, support and administrative staff.

Litigation lateral returnee, Delhi

Sahay used to work at Khaitan between 2005 and 2006 before joining Luthra & Luthra, going independent in 2008 and setting up his own firm, Sarthak Advocates and Solicitors, in 2010.

The 2005 NLIU Bhopal LLB graduate and 2008 Oxford University BCL holder has now rejoined Khaitan as an associate partner in Delhi to deal with litigation.

He confirmed his joining to Legally India but was not available for comment at the time of going to press.

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