JSA bolsters banking partnership with Cyril Amarchand PA Tirthankar Datta

Wednesday, 17 May 2017 By Kian Ganz Law firms

Tirthankar Datta makes jump from PA to partnership and JSA
Tirthankar Datta makes jump from PA to partnership and JSA

Cyril Amarchand Mangaldas principal associate Tirthankar Datta will join J Sagar Associates (JSA) some time next month as a retained partner in its banking team, we understand from sources.

He will be joining in the team of Aashit Shah, who was promoted to JSA’s equity partnership in 2012.

Datta, who is 2008 NUJS Kolkata graduate, began his career at Luthra & Luthra, joining Amarchand Mangaldas, as it then was, in Mumbai in 2009.

He was promoted to principal associate at Amarchand in 2014.

Cyril Amarchand managing partner Cyril Shroff said: “We wish him well.”

We have reached out for comment to Datta and JSA.

partner hiresCyril Amarchand MangaldasTirthankar DattaJ Sagar Associates (JSA)

Comments

Martinian 17 May 2017, 09:10
+2 -3
Congrats, Tirthankar!
Cammie 17 May 2017, 13:26
+3 -0
The grapevine is that there may be another PA exit also to some other firm.
Traffic 17 May 2017, 14:12
+31 -7
There are 100+ PAs in CAM. Doesn't really matter. In fact the number of SAs in CAM is less than PAs. CAM actually wants some of the PAs to leave.
Keen Observer 17 May 2017, 14:30
+5 -1
Is Nikunj leaving or Arpan leaving from the banking and finance team?
Azb 17 May 2017, 15:25
+19 -3
From where he will get clients?? This is a perinnial problem with newly minted Partners. What is their book? Who are their dedicated clients?

Becoming a partner for a partner sake is foolish and is everything but substance.
Cammie 17 May 2017, 16:38
+13 -2
So then should everyone remain a "counsel" ? By your logic then there should be no elevations to partnership only existing older partners. No doubt it is difficult for a new partner. But buddy clients start coming in and building up in a year or too as they continue to execute matters for senior partners. That is the way the system works. Even PAs get refered matters - may not be as much as an equity partner.
Azb 17 May 2017, 17:53
+3 -8
1. Anyone who has a dedicated pool of clients giving work for at least 3-5 years.

2. Who has the capacity by own self to pay salaries to his associates and staff including secys

These two are a must for even considered to be a partner. Not on whims and likeness of Mr. So and So or Mrs. Chi and Cho
Partner 18 May 2017, 05:24
+10 -1
If one could do all of that, why would he not have his own office and be his own boss rather than be stuck in a law firm.
Cammie 18 May 2017, 07:57
+6 -1
What about all the 8-9 PQE associates promoted at AZB? Do they in your esteemed opinion deserve to be promoted and satisfy your high standards and criteria? From your previous comment I doubt you work at AZB or any other tier 1 law firm as you obviously don't know how the system works.
Azb 18 May 2017, 08:54
+6 -0
I am very much a Cammie. I sit on the [...] floor. Have been with the firm since [...]. I see the vulnerability and hollowness of the new partners every day.

These conclusions are based on the interactions with a lot of folks and over a period of time.
Fool 20 May 2017, 14:23
+1 -0
Yes my friend. You are a partner coz you have a share in the profits. If you don't have the book, then you are only eligible to be an SA. Anyhow, partners in all these firms are glorified SAs.
Cam loss 17 May 2017, 16:42
+22 -18
He is a superb lawyer and will do well. Good catch for JSA. In the list of people who were made partners at cam, he was definitely all there or even better. No one makes partner under Leena.
true that 18 May 2017, 04:08
+1 -1
Bishnu, Ro
Leena.. 18 May 2017, 07:44
+1 -0
Bishnu was the only one... Ro made after moving to TTA - he did not become partner at CAM
true that 18 May 2017, 09:16
+1 -1
Shubra
insider 19 May 2017, 09:08
+2 -0
she left her team after becoming SA
facts? 19 May 2017, 09:08
+3 -0
Bishnu moved out of Leena to be made a partner, separate niche was created
Banking 19 May 2017, 12:36
+3 -0
Isn't Bishnu in general corporate? How can he work under Leena as Leena is in Banking?Can associates change practice areas in CAM?
Related 17 May 2017, 17:29
+13 -2
Are Leena and Reeba related?
Alias 17 May 2017, 17:34
+8 -4
So now PA movements are news??? Tch. Keep forgetting that there is no difference b/w the newly promoted CAM partners & PAs.
Whois 17 May 2017, 19:20
+0 -1
Not all of them. Some of those who were made Partner are way senior than some of the others and way more qualified.
Geezer 18 May 2017, 08:02
+0 -1
So more number of years in the profession means better qualified - regardless of talent? Obviously you are some old school lawyer who has had to wait a many years for his due.
Bongex 18 May 2017, 01:58
+0 -0
How much money does this mean?
70 18 May 2017, 05:02
+2 -0
70
Related 18 May 2017, 04:12
+0 -0
Ashit's clients
ABB 18 May 2017, 04:42
+26 -16
I have worked across Tirthankar a number of times. He is one of the very few in this industry, who is pleasant to deal with, sincere, and does not pull out 'lawyer' tricks. I really hope he finds all the success and happiness in this transition. Dare I speak for others, I am sure that a number of clients who he advised in his previous organisation would happily move, given the general partner absenteeism . TBH, being a client, I wont mind getting an opinion from Aashit or from ... on a key issue. But having dependable senior lawyers like Tirthankar in execution mode is more important for some of us. Good luck and may your tribe increase! (no, not like go have babies!)
MIA 19 May 2017, 15:12
+7 -7
This guy has truly paid his dues, and has worked up the ladder. Any client would be lucky to have him as counsel.
Hi 19 May 2017, 21:37
+1 -8
Very well behaved, deserving candidate. Do well.
Curious CAM 20 May 2017, 05:59
+2 -0
Isn't Leena a finance partner but Bishnu specialized in M&A/PE. So how did Bishnu work under Leena. Do associates in CAM change practice areas?
CAMka khabar 20 May 2017, 08:30
+2 -0
Kian any developments from Cyril's Annual Town Hall session which was held yesterday???. grapevine has that few more people may be on their way out after the selective promotions announced.
manolin 6 Jun 2017, 19:12
+1 -1
fantastic guy. Deserves the best.
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