Yep, MMT. 200 crore penalty over arguably a defendable case. Effectively, in the past 4 months, they've lost as big as they could have in both of their biggest cases. Facepalm
Not a good place to be. The contents above have been hyper inflated. Many left the team in months because of toxicity. Many ex associates were asked to come back. All refused.
But its peculiar because everyone thought that SD is the one who manages competition team and SG is managing corporate team.
P&A despite all its criticisms does have a solid top heavy competition team with SD and SG leading it. Further the freshers are thrown right into complicated matters so that kind of exposure is great and most other firms don't give such opportunities. At the same time - growth stagnates after a certain level/years of work and the work environment can be very toxic. Therefore the attrition rate is extremely high. I would still recommend freshers right out of college to give it a shot since you will be made to work on matters of substance in the first few days of joining itself
They pay relatively well — 12+2 after your trainee period - and have a decent reputation. However, their work culture is known to be extremely toxic — in the past two years, a huge chunk of their lawyers have left — from A1s to PAs. If that wasn't enough, their biggest client was Amazon, which they're on the verge of losing post their colossal mess in the gun jumping case. Apart from that, they primarily work on pointless abuse of dominance allegations in FMCG markets and handle relatively easier merger regulation matters.
As someone who's worked with the team in the past, I can testify as to both — SG's legal brilliance, as well as his tendency of pushing the hardest deadlines on to you. As such, to some, all of the above may be tolerable because of the learning you get; but in the eyes of a good number of people who left, the stress, work-hours and micromanagement was not deemed workable.
At the end of the day, it will be your choice, and I'm assuming that bigger and more famous competition law firms - S/CAM, Trilegal etc - are not available to you. However, if you have any other more famous opportunities w competition law, you should take it.
Please don’t go… they are ranked last. Please start your own firm. You can call it Trolls and Trolls. After that you can routinely troll all firms, their lawyers and your former colleagues.
But its peculiar because everyone thought that SD is the one who manages competition team and SG is managing corporate team.
At the same time - growth stagnates after a certain level/years of work and the work environment can be very toxic. Therefore the attrition rate is extremely high.
I would still recommend freshers right out of college to give it a shot since you will be made to work on matters of substance in the first few days of joining itself
As someone who's worked with the team in the past, I can testify as to both — SG's legal brilliance, as well as his tendency of pushing the hardest deadlines on to you. As such, to some, all of the above may be tolerable because of the learning you get; but in the eyes of a good number of people who left, the stress, work-hours and micromanagement was not deemed workable.
At the end of the day, it will be your choice, and I'm assuming that bigger and more famous competition law firms - S/CAM, Trilegal etc - are not available to you. However, if you have any other more famous opportunities w competition law, you should take it.