Corporate

US lawyers who earn more are unhappier than poorer colleagues: study

The New York Times reported research that showed that US lawyers who earned less were happier than their higher earning colleagues at top law firms: Researchers who surveyed 6,200 lawyers about their jobs and health found that the factors most frequently associated with success in the legal field, s...

Expanding abroad and 11+ other things Shardul Shroff plans to do with Shardul Amarchand Mangaldas [via Mint]

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Shardul Shroff, the former co-managing partner of Amarchand Mangaldas Suresh A. Shroff & Co, is upbeat about his new firm Shardul Amarchand Mangaldas, which was launched on Sunday (10 May) and opened doors in a new city, Mumbai, on Monday (11 May).

Cyril Amarchand scoops Dua lit team of 3 + ex-Clasis partner Jay Cheema

Cyril Amarchand Mangaldas has poached Dua Associates litigation partners Neeraj Sharma, Alok Tiwari and Seshagiri Vadlamani, and former Clasis energy partner Jay Cheema for its Delhi office, reported Bar & Bench and according to an authoritative Legally India source.

Phoenix boosts Delhi disputes, hires KSP partner Debarshi Dutta plus 2

Phoenix Legal has hired Khaitan Sud & Partners partner Debarshi Dutta with senior associate Riddhi Sancheti and 2009-Nalsar grad Archisman Chaudhary into its Delhi litigation team.

Shardul Amarchand confirms new fresher pay of record Rs 15-16 lakh flat (does away with A0 bonuses)

Shardul Amarchand Mangaldas managing partner Shardul Shroff has confirmed an increase in fresher pay to the highest level out of any firm.

Cyril Amarchand to start 360 degree appraisals for everyone: Will affect pay & promos

Cyril Amarchand Mangaldas will integrate a so-called 360-degree feedback mechanism into the appraisals, and therefore the remuneration of all partners and associates, managing partner Cyril Shroff told Legally India in an interview last week when talking about the management structures of his new firm.

In-depth interview: Can Cyril Shroff’s half of Amarchand fix & eclipse what was broken? [via Mint, extended edition]

Shroff has ambitious plans for life and work after the bitter family feud that broke up India’s largest law firm, reports Kian Ganz in today’s Mint.

MSM does Shardul Amarchand: ELP & other merger rumours, family, plus minor headline howler

Shroff partners
Shroff partners
Shardul Shroff, speaking for the first time to media since November 2014, had lined up a string of interviews yesterday with the mainstream media (MSM) and trade press, on the day of formally announcing the launch of his new firm to media and several days after his brother Cyril completed his round of interviews with the press.

Shardul Shroff exec chair in new firm: No merger, Bangalore in a month, Mumbai kicks off today with 100 lawyer target by year-end [UPDATE-2]

Shardul Shroff
Shardul Shroff
Shardul Shroff will start in Bangalore in the next month with between five or six partners aiming for a headcount of 30 to 35 fee-earners, while in Mumbai organic expansion through lateral hires would continue to grow to up to 100 lawyers by year-end.

Cyril Amarchand confirms: 2 Mumbai partners & Cyril, Vandana move to Delhi where 17 senior hires done, dozen in oven

Cyril Shroff, who will launch his take on Amarchand Mangaldas today with new partnership Cyril Amarchand Mangaldas, has confirmed the lateral hires made so far and partner moves to Delhi, while revealing that he planned to spend around half his time in Delhi in the first 12 months of the office.

Shardul Amarchand Mangaldas started today with new logo & cupcakes, as brothers migrate Amarchand.com [UPDATE-1: BRAND EXPLAINED]

shroff Cake
shroff Cake
Shardul Amarchand Mangaldas, the Amarchand Mangaldas Delhi-headquartered breakaway by former co-managing partner Shardul Shroff, has launched today (Sunday 10 May) unveiling a new logo that was shared with associates on cupcakes

Indus, Luthra, AZB, Themis bed down $24m VC investment into online hotel aggregator OYO Rooms

IndusLaw advised Oravel Stays, which runs budget hotel brand aggregator platform OYO Rooms, on its $24m (Rs 150 crore) funding from Lightspeed Venture Partners IX Mauritius (advised by Luthra & Luthra), Greenoak Capital Partners (advised by AZB & Partners), Sequoia Capital (advised by Them...

MSM reports end of Amarchand but how exactly CAM-SAM will (and won't) compete remains slightly mysterious

After the mediation panel aggressively discouraged the main stream media (MSM) from reporting the mediation between Amarchand Mangaldas co-managing partners and brothers Cyril and Shardul Shroff, the news that the split was now official was was eagerly picked up by the press, confirming much of what...

Ex-Khaitan Bombay HC litigator Ameya Gokhale to join Shardul Amarchand in Mumbai

Bombay high court advocate Ameya Gokhale, currently in the chambers of Pradeep Sancheti, is due to join the new Mumbai office of Amarchand Mangaldas Delhi managing partner Shardul Shroff as a partner, reported the Economic Times . Gokhale left Khaitan & Co as a principal associate in August 201...

Shardul Amarchand, JSA, Khaitan act on Rs 2,000 cr Temasek Avantha buy

J Sagar Associates (JSA) and Khaitan & Co advised Advent International Corporation and Temasek Holdings on their Rs 2,000 crore ($311m) buy of Crompton Greaves’ consumer electrical business from Avantha Holdings which was advised by Amarchand Mangaldas’ Delhi office. JSA partners Somasekhar Sun...

Trilegal, AZB act on Canadian $1.5m Delhi medical research company buy

Trilegal and Canadian law firm Osler, Hoskin & Harcourt advised the largest Canadian contract research organisation (CRO) JSS Medical Research on its Rs 9.5 crore ($1.5m) buy of CRO Max Neeman Medical International which was advised by AZB & Partners. Trilegal partner Charandeep Kaur, coun...

The end of an era (live & summarised): Amarchand Mangaldas split now official [CYRIL AFFIDAVIT & PRESS RELEASE]

The largest Indian law firm break-up ever is now official, after the Bombay high court today blessed the arbitral award arrived at after nearly six months of mediation between Amarchand Mangaldas Suresh A Shroff & Co managing partners and brothers, Cyril and Shardul Shroff.

HSA replaces AZB, (Cyril) Amarchand assists on messy $1bn Lanco-Adani Udupi Power buy

HSA Advocates replaced AZB & Partners in advising infrastructure company Lanco Infratech on India’s largest acquisition in the thermal power space in 2014 - the Rs 6,300 crores ($1bn) sale of Udupi Power Corporation to the Adani group which was advised by Amarchand Mangaldas. HSA partners Navin...

Amarchand Mangaldas split done deal: To be announced in Bombay high court tomorrow

Mediated outcome: Two Amarchands
Mediated outcome: Two Amarchands
The mediation between Amarchand Mangaldas co-managing partners and brothers Cyril and Shardul Shroff has completed today, with the Bombay high court to hear tomorrow at 11am that they have agreed to split the firm in two, according to two authoritative sources.

Dua Mumbai partner Vinod Joseph joins Bennett Coleman investment arm legal head

Dua Associates Mumbai partner Vinod Joseph has joined Bennett, Coleman & Co division Brand Capital as head legal, leaving Dua’s Mumbai office with only two partners. Joseph, who joined the Times Group-owned Brand Capital which funds growth-oriented enterprises, according to his Linkedin profile...