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I believe that after Rajiv’s passing, the firm is being managed by an EC (which was constituted by Rajiv) - https://luthra.com/executive-committee/

Dealt with quite a few of the EC Member at L&L and outside – Karan, Piyush, Avirup, Nishant and they are solid partners. Not sure if the EC members are equity partners.

Advait has to hold the Rajiv’s equity, as he is the only lawyer in the family – I don’t think he is running the firm.

From what I hear, there is a process on for coming up with a revamped governance and equity structure.

I think it is good for the firm – they are moving from one rainmaker, to multiple revenue generating partners.