Luthra & Luthra Delhi managing associate Siddharth Srivastava is joining Link Legal as a partner in banking and finance.

Srivastava was promoted to managing associate level at Luthra in 2014.

He is a 2006 NLIU Bhopal graduate with a 2009 LLM from Columbia University law school in New York, who began his career at ICICI Bank in Delhi, moving to IL&FS as a senior officer before joining Luthra in 2009.

He specialises in banking and finance, having acted on loan syndication, debt restructuring and securitisation deals, debt instrument and derivative issuances, as well as some infrastructure projects.

We have reached out to Luthra & Luthra for comment.

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1
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Like +7 Object -20 guest 01 May 15, 20:26  controversial
Boss joins CAM chela joins link legal
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1.1
Like +20 Object -4 make love not war 02 May 15, 14:20  interesting  top rated
And like a boss, becomes the boss himself, while you are still probably a chela.
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2
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Like +8 Object -15 Ghost 01 May 15, 20:29  controversial
Luthra also had an office boy leave to join CAM in Delhi.

Are you reporting that as well, Kian?
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2.1
Like +36 Object -11 kianganz 01 May 15, 20:33  interesting  top rated  controversial
Sure, if you set up a 100-lawyer law firm law firm and make him partner...
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2.1.1
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Like +13 Object -18 Ghost 01 May 15, 22:40  controversial
Quoting kianganz:
Sure, if you set up a 100-lawyer law firm law firm and make him partner...

That made absolutely no sense.
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2.1.1.1
Like +5 Object -0 Exam taker 02 May 15, 01:58  interesting
@Ghost: you my friend, make a lot of sense.
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2.1.1.2
Like +6 Object -1 Non-sense 02 May 15, 10:16  interesting
Quoting Ghost:
Quoting kianganz:
Sure, if you set up a 100-lawyer law firm law firm and make him partner...

That made absolutely no sense.


Kian's reply made perfect sense. If an associates or anyone for that matter leaves a BigLaw to make partner in another firm, then it's a story worth writing about.
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2.2
Like +15 Object -1 Ghost Buster 02 May 15, 04:40  interesting  top rated
Dude seriously....this time you have taken it way too far in trash talking about people who are leaving....are you trying to say that Siddhart is equivalent to an office boy? you should have the sense to not write this crap about someone who is as genuinely liked as him....not cool
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2.2.2
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Like +1 Object -5 Lost your marbles? 02 May 15, 10:18
Quoting Ghost Buster:
Dude seriously....this time you have taken it way too far in trash talking about people who are leaving....are you trying to say that Siddhart is equivalent to an office boy? you should have the sense to not write this crap about someone who is as genuinely liked as him....not cool


Have you lost it? When did Kian talk trash about Siddharth. He said about writing story about someone who is leaving a large law firm to make partner in another firm.
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2.2.2.3
Like +5 Object -0 Guest 02 May 15, 12:43  interesting
I think ghostbuster was speaking about ghost's trash talk, not Kian's
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2.2.2.4
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Like +0 Object -0 Never had any marbles ! 09 May 15, 14:15
Your comment had me in splits !!! R u sure you even understood or followed the conversation ? Read between the lines my dear legal eagle !
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2.2.3
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Like +1 Object -3 Sonali 04 May 15, 01:29
You sound like you're from AZB. So, are you, hmm?
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2.3
Like +7 Object -3 Bhoot Nath 02 May 15, 04:44
Dude you sound like someone from luthra's media cell...but speaking ill of someone who is leaving is not gonna achieve anyth
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2.3.4
Like +8 Object -0 Anon 02 May 15, 09:45  interesting
Sid was liked by his partners and he is leaving on a good note.
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2.3.4.5
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Like +3 Object -3 LL 02 May 15, 14:20
Do these partners have any option but to bid him good bye? That's the least you can do after behaving like tyrants.
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2.4
Like +6 Object -0 Sour Grapes 02 May 15, 04:46  interesting
Kya hua? You didn't get an offer despite your delusions of being the cat's whiskers?
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2.5
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Like +3 Object -2 L&L 02 May 15, 15:40
Ghost: Tell me that you do not belong to Luthra's PR team.
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3
Like +17 Object -8 Living life 01 May 15, 21:10  interesting  controversial
Congrats Siddharth. Wish you all the best.
This is one guy to look out for. Many more would surely follow!
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4
Like +16 Object -4 Anon 01 May 15, 23:14  interesting  top rated
Sidharth was a good resource and above all a great guy. He will be missed.
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5
Like +11 Object -2 Guest 02 May 15, 00:10  interesting
Good going sid. Its a good move. U deserved it. Luthras loss is link legals gain.
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6
Like +6 Object -1 AcrossTheTable 02 May 15, 00:34  interesting
Interacted professionally from across the table. Seemed quite ok but shone in comparison to some others on his team (which has entirely disbanded after Piyush I hear). It reflects well on anyone involved when whole teams (especially with PAs) vanish so quickly after a partner leaves. While I would rate other Banking teams at Luthra Delhi higher, Piyush did seem like someone who would leave behind a PA who could take charge. Or are there some internal politics at play and these not just organic moves?

Anyone [...] would scratch their heads wondering whether a PA from Luthra leaving after his partner has left for CAM (presumably opening up opportunities at Luthra & CAM) seems like a step up. Maybe him moving to the lesser known 'LL' is a better outcome for them than him.

But just at the slight prospect of improvement in Link Legal drafts that we have to duly diligent and fix, this story gets a big up-vote from me,
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6.1
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Like +6 Object -3 insider 05 May 15, 12:23
Piyush's team was the only Banking and Finance team in Delhi which had the wherewithal to do what had not already been done -- something new. The rest are good at going along the beaten track -- use the existing templates with appropriate fill in the blanks.
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6.1.1
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Like +1 Object -0 Lebowski 06 May 15, 12:29
No.
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7
Like +14 Object -4 Well Wisher 02 May 15, 07:54  interesting
Congrats Siddharth! An excellent lawyer and more importantly a really nice human being. Hope you kick ass at Link Legal the same way you did at LL.
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8
Like +8 Object -4 Quick reflexes 02 May 15, 14:36
What this shows is that Link Legal is terrific at scouting future stars - They nurtured their previous Finance partner for years and turned him into someone who is now leading another firms Delhi office - Siddharth too has the potential of being a star. Question is whether Link Legal is happy being a feeder firm and is that their model OR is there change in the air?

The speed at which they have replaced their previous Finance star is also commendable and shows that young talent has faith in their Managing Partners ability to bring the best out of them.

So end of the day - do you commend Link Legal, make fun of them or be thoughtful of their strategy?
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8.1
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Like +0 Object -0 Guest 22 May 15, 07:17
well written..don't know who asked you to or who paid you for it...would have been a better independent comment had you echoed same views about Luthra but unfortunately you were covering only one firm's back here...don't know about the finance star that you are referring to but definitely have been a part of the firm in the past and their managing partner doesn't deserve the credit for nurturing any star...indeed all the people who have left in the past few years from Link have done well and are working in the great law firms...it was a clear retention issue and I hope you agree that Link is not a training school...
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9
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Like +3 Object -5 NMS 02 May 15, 17:29
Congratulations siddharth. An absolute cracker of a lawyer and an even better person. Its a huge loss to luthra...
And anyone remotely familiar with the way [...]
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10
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Like +1 Object -0 slack 02 May 15, 17:31
Kian, you have missed the story of Madhav Rao, BMR, Head- Indirect Tax joining Advaita legal.. Come on, you can't slack in law firm stories. You are the leader n should maintain the lead..
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11
Like +8 Object -4 Amused 02 May 15, 18:42
Congratulations to him!

Anyone suggesting that Luthra has lost a star or that they will feel even a pinch doesn't know what they're talking about.
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11.1
Like +10 Object -5 Em Ess Mess 02 May 15, 20:13  interesting  controversial
It's this kind of arrogance that has led to the downward spiral of this once illustrious edifice as evidenced by the negativity that flows with each LL news article. Get with the program. Wake up and smell the coffee. Feel the pinches before they become punches. Accept your shortfalls, amend your tyrannical policies and most importantly- FIRE some of your partners and then see how you rise to the top.

And tell your bosses to hire better PR people.
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11.1.1
Like +5 Object -0 Yay Jee Bee 02 May 15, 21:37  interesting
Unfair to think that its a comment from a Luthra counsel. Seems more like a troll to me, deceiving people into believing that the firm has such shallow people, which is clearly not the case!
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11.1.1.1
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Like +0 Object -0 Counsel 06 May 15, 14:26
Why is it unfair? We have a voice too. Whatever has been stated is actually true. Could not have expressed it any better.

You seem more like one of the Ashoka Estate morons who are wearing blindfolds in addition to your ball and chain or maybe you are one of those who still harbors fake illusions of grandeur.
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11.2
Like +6 Object -0 Whaaa??? 03 May 15, 10:16  interesting
Hmmm....define who is a star?

1) Someone who works hard, doesn't engage in sycophancy and is generally all around dependable; or

2) someone whose only legitimate claim to their monthly retainer and their bonus is their proximity to the powers that be themselves or the people who are close to the powers that be;

If you think option 2, then yes, Sid is not a star and luthra is indeed a star studded sky. Sid falls in category 1 which is critically endangered species in luthra that is deliberately and systematically hunted out of insecurity. And true luthra hasn't felt any pinch - thick skinned people rarely do.
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12
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Like +9 Object -10 V A 02 May 15, 22:03  controversial
I really dont wanna add to the discussion above. I just wanna point out that in the past few months, no. of stories regarding alumni from NLIU, Bhopal becoming partners in various firms is on the rise and just goes to show the hardwork, dedication, patience and effort of the students.

NLS is a successful solely because of its alumni and the fact it is situated in Bangalore. NLIU, Bhopal is trying its best to make up for the 10 year advantage NLS has. I can foresee, NLIU becoming the premier most institute of law in India, 10 years down the line.

Mind it!! ;)
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12.1
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Like +0 Object -0 bhaai 08 May 15, 14:07
kuch bhi
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13
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Like +0 Object -1 Star 03 May 15, 15:05
No loss but an opportunity for good ppl to join.
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14
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Like +2 Object -1 well wisher 03 May 15, 22:14
Sid is a great lawyer and a gem of a person. He is definitely an asset to whatever firm he joins and a great loss to the firm which lost him.
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15
Like +6 Object -1 kop 04 May 15, 03:50  interesting
I love it when all and sundry start claiming "great loss to the firm", "big blow to the firm", etc. Well, most of the commentators are not part of that firm or of that firm's management. I am sure that the management of the firm will be in the best position to judge that and not some arbit commentator/associate/fri end from some other law firm/organization. This is my general observation and has nothing to do with Mr. Srivastava leaving Luthra. I wish Mr. Srivastava the best. I also wish Luthra the best.
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Like +1 Object -1 Chi-chee 04 May 15, 11:43
Very good lawyer and a great guy! All the best to Siddhartha!
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17
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Like +1 Object -0 Ctrl+ Alt + Del 04 May 15, 15:04
Congratulations to allll !!!!
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18
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Like +1 Object -1 Poetic 04 May 15, 15:04
Poetic justice !!
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19
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Like +0 Object -1 Change is in the air 04 May 15, 15:05
Works out for alll !!
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20
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Like +2 Object -0 Querist 04 May 15, 18:38
Kian, why don't you do a story on law firm models in India? Compare the various modles followed by top 10 law firms- equity (which type, lock step or EWYK), equity like (billing share etc), sole proprietor and study how this impacts the buy in from the second in command talent and whether this is a reason for departures. My sense is that most o the non equity models will have to adapt to continue to stay relevant and retain talent.
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21
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Like +2 Object -0 Guest 05 May 15, 08:57
All the very best siddharth! Truly a great guy and patient mentor.
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22
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Like +2 Object -1 Lawyer 08 May 15, 11:43
Siddharth is no more a Luthra.
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