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Ex Shardul-AM peel-off Gnarus Partners (Rishi Anand) to get absorbed by (Cyril) Amarchand

Rishi Anand, who started his own firm Gnarus Partners in 2012 after leaving Amarchand Mangaldas Delhi as a senior associate, will join the new Delhi office of Amarchand Mangaldas co-managing partner Cyril Shroff, who is set to compete with his brother Shardul Shroff in India’s capital, according to an authoritative source.

Anand declined to comment when contacted earlier today, Cyril Shroff did not respond to an email seeking comment.

Anand is a 2007 Symbiosis Pune graduate who specialises in corporate transactional law. He began his career at LakshmiKumaran and Sridharan in Delhi, followed by a stint in Singapore between 2008 and 2011.

There he worked as a foreign lawyer at Dacheng Law Offices and Rodyk & Davidson, and completed an LLM at National University of Singapore.

In March 2011 he joined Amarchand in Delhi.

Team (Cyril) Amarchand Mangaldas (Delhi) Team (Shardul) Amarchand Manganldas (Mumbai)
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. 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 +4 Object -3 Duhh 10 Apr 15, 23:17
your table for SAM missed Asim Abbas from KCO in Delhi.
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2
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Like +7 Object -5 Pun 11 Apr 15, 00:09  controversial
A 2007 graduate and joining CAM as???
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2.1
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Like +0 Object -0 Darth Cronus 26 Dec 17, 22:48
As a Partner, of course. Otherwise it wouldn't be on LI.
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3
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Like +5 Object -9 BANSAL 11 Apr 15, 00:14  controversial
good move, u got a jack pot and Lady Luck is with u
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4
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Like +23 Object -21 abc 11 Apr 15, 01:36  controversial
Cyril appears to be in a tearing hurry to ramp up. Caution is advised.

A wellwisher
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4.1
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Like +5 Object -6 dchadha1 11 Apr 15, 04:18  controversial
Sometimes you learn from your mistakes !!
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4.1.1
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Like +3 Object -6 Interesting 11 Apr 15, 15:44
Learn *from your mistakes

Kitne achhe drafting skills hoge aapke!
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4.1.1.1
Like +5 Object -0 Aah 13 Apr 15, 01:07  interesting
honge*

Kitni achi Hindi hai aapki.
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5
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Like +1 Object -1 suksham chauhan 11 Apr 15, 02:04
Is he leaving with his full team?
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6
Like +5 Object -1 Bhag bhag 11 Apr 15, 05:35
Deepto Roy v Rishi Anand... Hmm
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7
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Like +23 Object -23 Delhi lawyer 11 Apr 15, 08:25  controversial
Congrats to both... CAM seems be building a better team!
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8
Like +7 Object -3 Holy Ghost 11 Apr 15, 10:28
Kian, is he joining as a partner or senior/principal associate? What happened to the entrepreneurial drive which made him open Gnarus? What about other lawyers, if any, of Gnarus? The grapevine is also throwing up other startup/young firms who are folding up like PXV and Gnarus...Kian, please throw some light on these as well!!!
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8.1
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Like +1 Object -2 DC 11 Apr 15, 17:08
totally agree with you
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8.2
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Like +0 Object -0 truth 16 Apr 15, 15:20
Bro everything is planned !! I hope you get it.
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9
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Like +5 Object -7 Baday bhaiya 11 Apr 15, 11:58  controversial
Congratulations !!
Great achievement indeed.
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9.1
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Like +1 Object -0 truth 16 Apr 15, 15:33
that's indeed an achievement !!
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10
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Like +3 Object -1 Radhika 13 Apr 15, 10:55
Who is Radhika Pereira BTW ??? SAM DAM DAND BHEDH!
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11
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Like +3 Object -1 2 b or not 2 b 13 Apr 15, 18:15
Congrats Rishi

Let the hater's be hater's, whatever you have accomplished is on your own and hence don't let people tell you otherwise.
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11.1
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Like +0 Object -0 truth 16 Apr 15, 15:24
Haters ????

why would you have haters when you are so good?? if what he accomplished is on his own then the reputation he has in the market is also self earned. You can't blame others for the negative rep he has.

However congrats Rishi !!
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12
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Like +2 Object -1 Insider 14 Apr 15, 11:33
Congrats Rishi and great job CAM - you got a rainmaker for sure now. Definitely CAMs team looks better!
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13
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Like +2 Object -1 Dazed and Confused 14 Apr 15, 15:09
Whom can we blame for the disgusting and inaccurate term "peel-off?" Is this one of those Brit things that creeps into LI, like leaking gas, from Kian's prior work in Olde Limey? Or can we lay this stinking pile of an appellation at another's doorstep. I mean, is Intel a "peel off" of Fairchild Semiconductors? Entrepreneurs need not be tattooed by their pasts because they had gigs before they started their own shops. Maybe "peel-off" is translated directly from Bhojpuri or something.
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13.1
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Like +2 Object -2 kianganz 14 Apr 15, 15:19
You can blame Prof Jayanth Krishnan who I believe first coined the term, at least in the Indian context, and has been doing a lot of research on why people keep 'peeling off' from BigLaw...

http://www.legallyindia.com/201211233262/Legal-opinions/study-reveals-mobbing-culture-at-law-firms-how-bosses-cause-tears-a-competition

You don't like? Is the term too cosmetic for you?

As for it being a defining tag, I think to a large extent, at least in legal or other professional services firms, it seems to be true (if not always fair). At least as a journalist and relative outsider, it's easiest and often helpful to categorise professional services start-ups by their heritage (and even sometimes by their alma mater, which I personally have more objection to though I'm not above doing it sometimes).

In short, what is a lawyer but the accumulation of work experience they've had so far? If you have a start-up by ex-partners from BigLaw it's a different beast than a start-up started by a litigator, if only for the type of work they're likely to have done and are good at.

A peel off in most other sectors, such as semiconductors, would not long be known by its pedigree but presumably by its innovation, new patents and new products. In legal, building your own brand that will eclipse your former firm takes a longer time...
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13.1.1
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Like +2 Object -1 Dazed and Confused 14 Apr 15, 17:57
Aaah, so we can blame, as we can for so much other confusion, a foreigner who feels obliged to opine on India because his parents immigrated from here. A thanks to legal Giant Krishnan.

Given the parlous level of "training" meted out at the big Indian firms, perhaps we should have a different term than "peel-off." How about, "survivor?"

As in a t-shirt that says, "I Survived Five Years at AZB and All I got was this lousy t-shirt and an understanding of Material Adverse Change Clauses." "Survivor" sounds about right to me.
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13.1.1.1
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Like +2 Object -0 kianganz 14 Apr 15, 17:59
I know it's always tempting to bash the NRIs, but aren't you defining them by their origin rather than their output, just as you complain the term 'peel off' does? ;)
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13.1.1.1...
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Like +2 Object -1 Dazed and Confused 14 Apr 15, 18:51
I am not at all into bashing overseas Indians per se. I don't appreciate the frequent NRI presumption that melanin content and a few stories from Nani-ji gives one insight into the actual state of affairs in a far-off country.

Giant Krishnan has indeed done some research here, but he is typical in proffering his race as a proxy for global insight while his actual background is purely domestic and plebian. It's a neat trick to constitute 17 percent of the world population and live in, say, Sweden, and be a "minority" in a country less populated than Delhi. But my second-gen NRIs besties do it every day with straight faces. I stand in awe and disgust at their presumption as they instruct me about India.
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Like +0 Object -0 Guest 14 Apr 15, 21:12
Quoting Dazed and Confused:
I am not at all into bashing overseas Indians per se. I don't appreciate the frequent NRI presumption that melanin content and a few stories from Nani-ji gives one insight into the actual state of affairs in a far-off country.

Giant Krishnan has indeed done some research here, but he is typical in proffering his race as a proxy for global insight while his actual background is purely domestic and plebian. It's a neat trick to constitute 17 percent of the world population and live in, say, Sweden, and be a "minority" in a country less populated than Delhi. But my second-gen NRIs besties do it every day with straight faces. I stand in awe and disgust at their presumption as they instruct me about India.


+1

Krishnan is very clever, no doubt about it. By choosing to "research" on such issues he exploits his India 'connection' when it suits him.

I wonder whether we would have treated such a 'treatise' had it been written by a Prof named Erich Stanislaus Mannerheim of Finland.
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13.2
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Like +0 Object -0 Jhumritilaiya 14 Apr 15, 16:01
Care to explain why does 'peel-off' seem to be translated directly from 'Bhojpuri or something'? Is it because Bhojpuri the prominent language in law firm jargon? Or like a lot of other dumb****s let's make fun of Bhojpuri, because stereotyping.
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13.2.2
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Like +0 Object -0 Dazed and Confused 14 Apr 15, 17:48
I'm not sure why you have such a low opinion of Bhojpuri. Many of the most significant court decisions have been written in...oh, I see your point now. Didn't mean anything by the reference.
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Like +1 Object -0 LI Reader 16 Apr 15, 15:23
All what he said in 2012 was different (including his career plan) - http://www.legallyindia.com/201212183325/Law-firms/amarchand-sa-rishi-anand-starts-gnarus-to-compete-on-price-skills-for-lower-tier-work
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14.1
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Like +2 Object -0 truth 16 Apr 15, 15:38
well things change in time and so do people !! i guess his plan was not working out for him as well as he thought it would !! it's not an easy task to set up a law firm and continue without the right amount of experience. it shows lack of experience !!
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15
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Like +0 Object -0 Gv 23 Apr 15, 20:51
Is it true that another young firm started by Nujs alumni, like pxv, has split or is in the process of an ugly split? Are the teams joining CAM or SAM?
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