AMSS Delhi v Mumbai: The end is nighAMSS Delhi v Mumbai: The end is nigh

Amarchand Mangaldas Mumbai-region managing partner Cyril Shroff is due to acquire MNK Law Offices in Delhi, except for partner Probal Bhaduri who is reliably understood by Legally India to be joining a large accounting firm.

Partners Gyanendra Kumar, Anuradha Mukherjee and Srinivas Kilambi will be joining the upcoming Delhi operation of Shroff, who is due to compete with his brother Shardul Shroff in Delhi. Shardul Shroff is in turn setting up an office in Mumbai.

Bar & Bench first broke the news late last evening, though it reported that “confirmed by our sources” all four partners – including Bhaduri – would join Cyril Shroff.

MNK was set up in 1996.

Kumar, a corporate, real estate and labour lawyer, graduated in 1994 from NLSIU Bangalore and had worked at Arthur Andersen’s tax and business advisory department before setting up MNK.

Mukherjee is a 1993 NLSIU grad and specialises in litigation and arbitration.

Kilambi joined MNK in 2013 from KSB Partners, where he was a co-founder. He is also a 1994-NLSIU graduate who was formerly senior legal counsel at GE Capital India and GE Commercial Finance.

Badhuri, who will not be joining the firm that is expected to be called Cyril Amarchand Mangaldas, is also an NLSIU graduate and a corporate, M&A and private equity lawyer.

MNK partner Nivedita Tiwari, who had joined MNK in 2013 from Luthra & Luthra, had joined Platinum Partners in 2014.

MNK partners Kilambi and Bhaduri did not respond to an email seeking comment at the time of going to press. Cyril Shroff did not respond to a request for comment.

Team (Cyril) Amarchand Mangaldas (Delhi) Team (Shardul) Amarchand Manganldas (Mumbai)
Citi consultant Gokul Rajan & Jones Day associate Nikhil Naredia
Kochhar & Co partner Harry Chawla

Gnarus Partners founder Rishi Anand
Khaitan associate partner Harsh Kumar

Raghuram Raju (ex-Dua Associates partner, ex-GC of Religare)
Luthra & Luthra partner Piyush Mishra
Khaitan & Co Delhi partner Gauri Rasgotra; and
Economic Laws Practice (ELP) partner Kirat Singh Nagra
.
Khaitan associate partner Abhishek Sinha
Dudhat Pereira & Associates founder and former Udwadia Udeshi partner Radhika Pereira.
Khaitan associate partner Iqbal Khan
Khaitan & Co associate partner Deepto Roy
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1
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Like +12 Object -12 LI Reader 24 Apr 15, 02:12  controversial
Ms. Tiwari must be regretting leaving MNK now :P
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1.1
Like +9 Object -3 U Really think so? 24 Apr 15, 10:56  interesting
Really? She came from Luthra. She has worked with AZB and she will worry about this? Yeah right! Grow-up!
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1.2
Like +12 Object -3 Dont be silly 24 Apr 15, 11:13  interesting
regretting what? the opportunity of working with the great harry chawla and some ex GC? I dont think so! Ive heard PP treats its partners well and pays shitloads. Unlikely any of their partners will leave.
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Like +13 Object -16 LI Reader 24 Apr 15, 02:13  controversial
GAME SET MATCH CYRIL
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Like +15 Object -4 Name or alias 24 Apr 15, 05:19  interesting
Without Probal this makes no sense to me. Probal, with his AZB background, is the only one with the big deal experience in MNK. The one odd deal of MNK which was getting reported used to be done by Probal. At times Cyril's moves make me wonder if he is getting swayed too much by what his consultants have to tell him.
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3.1
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Like +0 Object -7 Grow Up! 24 Apr 15, 10:58
This amateur comment doesn't deserve any revert, other than this one.
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3.2
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Like +1 Object -4 Dont be silly 24 Apr 15, 11:15
Yup he's the rainmaker - but Gyanendra and Srinivas are excellent lawyers. I Won't say its a wrong decision but would have been even better with Probal
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3.2.1
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Like +3 Object -0 Name or alias 24 Apr 15, 12:35
It's definitely not wrong. But where are the A listers ?
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Like +0 Object -1 Keep wondering! 24 Apr 15, 11:32
Keep wondering, but in the mean time pleeease do not pen your thoughts!
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Like +26 Object -6 Observer. 24 Apr 15, 07:30  interesting  top rated  controversial
To a casual observer like me, Cyril Amarchand Mangaldas's Delhi office seems far more competent and well executed than Shardul Amarchand Mangaldas's Mumbai office. (I don't like the abbreviations SAM/CAM). Better lawyers and more lawyers.

The location of Cyril's delhi office is also much better. saket's mall area is very upmarket, alive and central (not close but also not very far from Gurgaon, Central Delhi or airport) as compared to Shardul's Mumbai office which is in a dying locality of express towers (think staying close to office at exorbitant rent or travelling for more than an hour- and no lifestyle benefits).

Lawyers will find Saket a much better place to stay close to office and have a quality life (if there is such a thing at law firm!) with everything (malls, grocery store, gym, swimming pool, numerous restaurants (from food court to fine dining to five star), movie theatres, golf course, cheap rentals) at s stone's throw from office.

Maybe it symbolic of the future for Shardul and Cyril's firms! Although I hope both prosper as it will help the industry and the lawyers who earn their livelihood due to them.

I feel very soon we may witness mass exodus from Shardul Amarchand Mangaldas. After all, Rabindra Bandkavi leaving despite being offered equity (along with a principal associate who was offered partnership) speaks volumes about how the place is run!

PS: I don't work for either of the brothers and am happy in my firm. But having seen the profession for some 9 years both in Mumbai and Delhi, I thought my observations may help someone!
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4.1
Like +6 Object -2 My 2 Cents! 24 Apr 15, 11:27
Want to add, CAM is getting a very humble and confident team! For MNK, good opportunity to shine time at a firm of such repute. Cheers!
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Like +3 Object -5 Margarita 24 Apr 15, 07:53
The table says it all. It also reflects the historical contribution and market standing of Shardul and Cyril. Touché kian these are also the tea leaves for the future . And surely much more is to come on both sides . It's game over for Sam . People in pipeline considering Sam offers should think again. Seriously
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Like +3 Object -3 CAM Well-wisher/Biased Opinion 24 Apr 15, 08:00
Smart move Cyril or whosoever picked these guys!
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Like +6 Object -2 Some Fanatasy for NLS ites 24 Apr 15, 08:05
Now it looks like NLS Camp more than CAM Camp. Some fantasy for NLSites I say :-)
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Like +10 Object -5 Observer 24 Apr 15, 09:19  interesting  controversial
So CAM is only playing the numbers game. He wants to say I am the biggest law firm. And we need to caveat that by saying we don't know every hire of SAM and CAM as they are under wraps I guess. So a true assessment should be made say couple months later.
But who has CAM really hired?
Lawyers from tier 3 and 4 firms and ex SAM lawyers who left [...]. So what are we talking about?
You cannot compare any of the Delhi hires with the existing Mumbai partners of CAM.
This shows the reputation all hit that CAM has taken over the last few months. No tier 1 or Band 1 partner in the CAMp!
Self goal perhaps, definitely not game. Set. Match!
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8.1
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Like +3 Object -4 Just Jealous! 24 Apr 15, 11:20
Come on, now don't be jealous; it's just not good for health. What happened? Left out or what? Haha!
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Like +3 Object -2 To Kian 24 Apr 15, 10:27
Where is Jeet Sengupta joining ?
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Like +0 Object -1 Wondering 24 Apr 15, 10:35
So does that mean Ms. Tiwari will go back to MNK- ideally she should unless platinum is treating her really well. Any scoop on this?
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Like +4 Object -0 Bad interpretation! 24 Apr 15, 11:22
No idea how you read this article :-) MNK merging with CAM and you are asking whether Nivedita will come back to MNK? Wow!
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10.1.1
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Like +0 Object -4 Rules of interpretation 24 Apr 15, 11:42
It is still in the process- hasn't happened as yet no? MNK as a firm exists (and will till CAM sets shop officially). Unless I missed something- it will be hard for MNK (or lets use your interpretation skills- ex-MNK) people to negotiate a partner position once they are under the aegis of CAM- if Nivedita was to move to CAM with MNK (soon to be known as CAM, Delhi), then logically she should join MNK before the merger and then move along. If CAM was to approach her directly- then this discussion would not have been initiated.
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10.2
Like +4 Object -0 Tu 24 Apr 15, 13:00
Dhakan hai!!
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10.3
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Like +3 Object -0 Marvin Gay-e 24 Apr 15, 17:08
I really need to get to know you better, sweetheart - now, where did you get your Jamaican crushed buds or oil and vaporizer? How on earth is Nivedita even connected to this?? Are you even a lawyer?? Or is your theory that Nivedita, Trilegal, Rajiv Luthra, Modi, Obama, North Korea, or god knows who other, engineered this entire thing???
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Like +0 Object -1 Confirmed Sources 24 Apr 15, 11:00
There are few more principle associates joining CAM which have not been reported. I think list is long and very good.
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Like +1 Object -2 Jee haan 24 Apr 15, 11:00
Kian, two days back I praised you for being so modest about B&B trumping you et al. Now you are making comments about "their sources" and how the story was inaccurate! So in a dog-eat-dog subtlety is dead?
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12.1
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Like +6 Object -4 kianganz 24 Apr 15, 11:13
Sure, let me have some fun with it... :) I think it's also ironic that the people who lambasted us for running early with fully accurate advanced discussions between Trilegal and Bandhakavi and our 'four source confirmation', are now unsurprisingly quiet about our dear rivals' keenness to get an anonymously sourced CamSam scoop out, that's all... :)

In the end, I continue to have an amount of new-found professional respect that they're finally taking law firm news reporting somewhat seriously, and I'll continue giving them credit for scoops. That said, I'll happily point out where I believe something is inaccurate too.

At the end of the day, news journalism is dog-eat-dog. My job, at most, is to be professional and fair to the competition, but I don't have to be extra nice to them. :)
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12.1.1
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Like +5 Object -7 The Iron Kingdom 24 Apr 15, 13:57  controversial
I dont think people who lambasted you for your unprofessionalism in the Bandhu article have nothig to say. If you believe in selective distortion, then whats the point? If you focussed on reading the comments, than whining you would discren the unprofessionalism. Calling Cyril, Shardul as Lyril and Hildul was fine, but calling you a wilding, was lambasting. Grow up, B&B doesnt need your certification. Even this story even they ran before you. You are mo better than an item song in a Bollywood Movie, we need you only to troll and pass time. For real news, we go to B&B. But given the hypocrite you are, you announced not publishing critical comments. Time for an introspection wilding. Now you wont publish this comment, loser that you ae.
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12.1.1.1
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Like +3 Object -3 kianganz 24 Apr 15, 14:11
Thank you your thoughtful comment, please come again! :)
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12.1.1.2
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Like +2 Object -4 kianganz 24 Apr 15, 14:12
Ps: We've actually started moderating 'Lyril' and 'Hildul' in comments - I still have no idea what those nicknames mean or signify or whether they're offensive, but they're certainly weird...
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12.1.1.2...
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Like +1 Object -0 Why 24 Apr 15, 14:50
What is the point in moderating 'Lyril' and 'Hildul' now after everyone has already read these names ? Are you now also going to moderate weird thing ?
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12.1.1.2...
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Like +0 Object -1 kianganz 24 Apr 15, 14:54
It didn't exactly raise the discourse of discussion, did it? Also, it's just perhaps a tad rude, though I'm still not sure how. And both brothers are mature enough not to lose any sleep over it, but it's still a bit pointlessly bizarre, no?
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12.1.1.3
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Like +0 Object -0 Bells 24 Apr 15, 21:57
So you accept that you are a troll with time to pass. What's the matter? Your kiosk outside the district courts is out of business is it??
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13
Like +9 Object -0 Guest 24 Apr 15, 11:24  interesting
I am wondering if Cam is hiring so many partners laterally how will people from within be promoted? Besides I wonder what the target number of partners will be and whether revenue justifies it.
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Like +3 Object -0 Btw 24 Apr 15, 11:43
Are they taking all the associates? or will there be quality control
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14.1
Like +4 Object -0 Yup 24 Apr 15, 11:47
For quality control they will have to take all; if you know what I mean :-)
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14.1.1
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Like +0 Object -2 kianganz 24 Apr 15, 11:49
Some people will probably be upset with this comment. I think it looks like a harmless joke that's not meant to be taken seriously. Please report the comment with the button above if it's actually genuinely upsetting some people.
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14.1.1.1
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Like +3 Object -0 Yup 24 Apr 15, 12:19
I simply meant that the team is very good and to ensure that CAM has good chaps (quality); they gotta take all! That's it.
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14.1.1.1...
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Like +0 Object -0 kianganz 24 Apr 15, 12:21
Ah, ok - the smiley face threw me off :)
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14.1.1.1...
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Like +0 Object -1 Yup 24 Apr 15, 12:56
I get what you are saying Kian. Good I clarified!
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15
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Like +3 Object -0 udi baba 24 Apr 15, 12:00
now it seems that CAM will have more partners ([...]) than Associates..!!! it really intrigues me..!!
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15.1
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Like +1 Object -0 kianganz 24 Apr 15, 12:04
We just haven't reported any of the lower level hires, of whom there must be quite a few too... And people like Harry Chawla and MNK will also come with associates, presumably...
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16
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Like +1 Object -0 AsZ 24 Apr 15, 13:00
Is Probal joining PDS?
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16.1
Like +13 Object -2 ?? 24 Apr 15, 13:21  interesting
Quoting AsZ:
Is Probal joining PDS?


i.e. the Public Distribution System? Why will he open a ration shop?
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16.1.1
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Like +8 Object -7 Ra Hulgandi 24 Apr 15, 14:38  controversial
so that people like you who are BPL get their ration and it will also help FDI in youth and women empowerment and RTI will be so happy!
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17
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Like +0 Object -0 Title Search 24 Apr 15, 13:00
May be PWC Legal!
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18
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Like +1 Object -4 Alias 24 Apr 15, 13:06
For all of you out there, MNK has an extremely competent and brilliant team of lawyers, mentored by an excellent team of Partners who are not only ggod in what they do but are also equally brilliant human beings. So CAM is actually getting a pretty good deal out there.
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18.1
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Like +1 Object -1 hubba 24 Apr 15, 14:27
When you say "ggod in what they do", do you mean "god" or "good"? Hopefully not god? Because then this would make it an MNK fanboy comment
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19
Like +5 Object -0 Harish 24 Apr 15, 13:44  interesting
If that is so, how come it is such a well kept secret?
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20
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Like +1 Object -5 MC 24 Apr 15, 13:51
I have known both parties at different times - MNK clearly are a set of extremely hardworking, sincere, selfless and polite individuals. Always thinking of how to do better for their clients and attorneys. This seems like a win-win, with MNK providing the professional/personal brilliance and Cyril providing the business mindset and infrastructure to capitalize on their strengths.
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21
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Like +2 Object -4 BHOnsle 24 Apr 15, 15:16
Masterstroke by Cyril.. Beautiful aggression...
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22
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Like +3 Object -0 Caution 24 Apr 15, 16:21
The question is whether Cyril will be able to get all the new hires to gel - its a completely greenfield office without a clear leader as yet
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23
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Like +6 Object -3 Rohan 24 Apr 15, 18:30
MNK my my : Lil bit overhyped, aren't we? NLS passouts some 22 years back! Seriously! Try to maintain a sense of proportion even when you get carried away with praising something.
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23.1
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Like +1 Object -0 Passout 25 Apr 15, 17:05
is what you do when you have a bit too much to drink or smoke. Graduate is what you do when you finish law school or whatever it is that you do. Duh!
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23.2
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Like +1 Object -0 Mr. Common Sense 28 Apr 15, 09:25
Question: You use the word overhyped because:
1. You know from your experience with the above named partners that they are not good and worthy of the praise; or
2. The 21-22 years of experience simply doesn't register with you and you would rather have a 2 year old NLS graduate (cause that gives you a sense of proportion) make a partner at CAM rather than someone with 22 years of experience.

Rohan, you are among intellectuals, such comments may go unnoticed as people might not find your comments worth of a reply, but every now and then you'll have a Mr. Common Sense reply to your non-nonsensical attempt at an insult (to anyone for that matter, cause i think of myself as an LI vigilante!!), so that the next time you raise that little innocent finger of yours towards the harmless enter key, you'll know i am waiting here with my lols!!
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23.3
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Like +2 Object -0 Sri sri rohan 29 Apr 15, 19:52
Sir, why don't you write to Mr. Shroff and educate him on how and who to hire. May be you will be able to explain him that experience does not really makes any difference in this profession.
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24
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Like +3 Object -3 Lottery? 24 Apr 15, 22:30
Seems like [Cyril] is in a lottery mood making partner out of any Tier 3-4 Delhi law firm lawyer. Wonder what the existing Mumbai PAs will have to say about this?
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25
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Like +4 Object -1 NLS Magic Circle 24 Apr 15, 23:09
L.Viswanathan,Ashwath Rau,Reeba Chacko,Yash Ashar,Nisha Uberoi,Nivedita Rao,Arjun Lall, Santosh Janakiram, Leena Chacko, Gaurav Gupte, Nikhil Naredi and now Srinivas Kilambi, Gyanendra and Anuradha.The batting 11 JUST doubled.
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25.1
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Like +1 Object -2 Plato 25 Apr 15, 13:45
Yes, while AMSS was built on the blood, sweat and tears of NLS graduates, the growth of AMSS was on account of graduates of all other law schools where they recruited from. Look around, how many NLS people will you find working in each of the teams whose leaders you have mentioned above. Get over NLS dude, have a kit kat.
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25.1.1
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Like +2 Object -0 Mr. Common Sense 28 Apr 15, 09:13
Onviously you're not from NLS or any other 'relevant' national law schools.

And has it been proved that there is any nexus between having a Kit Kat and getting over your NLS syndrome.
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26
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Like +0 Object -0 Bling 25 Apr 15, 01:04
What's MNK's annual turnover?
Do they have a Mumbai setup?
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26.1
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Like +2 Object -0 Mr. Common Sense 27 Apr 15, 11:24
Dear Bling,

If you are a lawyer, I would like to question your sense of relevance.
For you: How does the annual turnover of MNK Concern you as a non-party.
Relevant: I am sure CAM would have take the figures in account while deciding it, in any case they didnt feel it appropriate or necessary to discuss that with you. Why should they now? or for that matter any one.

For you: CAM already has a full-fledged office in Mumbai, what they were looking at was Delhi.
Relevant: MNK has a office in Delhi. i dont think Shardul would be looking to merge a Delhi firm with his Delhi office.

In any case were you really expecting to get a number against your question? Grow up man.
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27
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Like +1 Object -1 Alias 29 Apr 15, 15:15
Dear Rohan,

Mr. Cyril Shroff and MNK has far greater vision, experience and foresight than probably your age. You do not seem to have either of the above along with competence intelligence and respect for people in this profession.
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28
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Like +1 Object -0 Guest 05 May 15, 12:17
All these law firms whether big or small run on cartel. They are the biggest lobbyists around with jobs only for a select few. Their main aim is to create an NLSIU lobby. There are are handful others who get to work for the biggies. None of them have job vacancies ever. Apparently everyone's CV is kept in their database for perusal and consideration later on. But that actually goes to the trash can. The openly discriminatory attitude if almost all law firms is sickening. How many more NLSIU, NUJS lobbies?
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28.1
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Like +0 Object -0 Alias 05 May 15, 22:09
Dear Guest,

You are not entirely wrong on that. But times are changing and these firms are now focusing on the quality and among the new recruits a lot of people are non national law schoolites. Yes, they do have a national law school bias. But its slowly changing.
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29
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Like +0 Object -1 blister 05 May 15, 14:47
Not a specific comment on this hire...but generally the css hires thus far seem very underwhelming. No real game change move yet. At the end of it..I think the shardul camp will have the better crop.
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