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Diageo ex-senior legal counsel Nischal Hindia joins GSK as India legal head

Nischal Hindia joins GSKNischal Hindia joins GSK

Nischal Hindia, who had left his role at drinks giant Diageo’s legal function in Februrary, as we had first reported, will be joining GlaxoSmithKline (GSK) as its India legal head, reported Bar & Bench.

Hindia will be reporting to GSK in London and is due to join soon.

He will manage a team of around six in Mumbai.

Hindia declined to comment when contacted.

The 2003-NLSIU Bangalore graduate had begun his career at Wadia Ghandy in Mumbai, before joining Freshfields Bruckhaus Deringer in London for a year in 2006, followed by four years at Allen & Overy in London, returning to India in 2011.

He had moved to Diageo in 2013 from UBS India, where he was country counsel.

Mamta Sundara remains GC of Diageo.

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1
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Like +1 Object -0 Lilliput 17 May 18, 20:08
How much do these GC guys make? Kian any light on this?
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2
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Like +1 Object -4 GCs dont earn a lot! 17 May 18, 20:17
Do they?

60-70 Lacs at his level. No?
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2.1
Like +5 Object -1 In House Counsel 18 May 18, 11:44
HAHAHAHHAHAHAHHAHAH...he was already at 1.5cr at Diageo...
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2.2
Like +7 Object -0 gti 18 May 18, 13:26  interesting
in a big pharma company, expect well over 1 cr package.
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2.2.1
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Like +3 Object -0 Cash cows 20 May 18, 07:37
More like 3 crore I would have thought- with stocks and benefits... but tax rate is higher than that of law firm partners...
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3
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Like +0 Object -1 LPQ 17 May 18, 20:26
Whom does Nischal replace ? or is it an additional position created ?
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4
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Like +0 Object -0 Skyy 17 May 18, 21:16
Quite the catch! Liquor’s loss is pharma’s gain.
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5
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Like +0 Object -0 Congrats nischal 17 May 18, 22:17
Well done.

Regards

Bharat Sharma
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6
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Like +1 Object -0 s 17 May 18, 22:32
Where is Devdas Baliga
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7
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Like +8 Object -17 bapu lahiri 18 May 18, 15:33  controversial
I have very little respect for in-house counsels, whether pharma or liquor or any other sector. Anything complex or complicated or heavily contentious, the GCs will first run to the law firm partners to engage them, and will be willing to pay them double/triple of their own annual package as fees for the assignment.
It may be all about saving your a** by getting external advice or in-house team not being enough competent. Being a GC is a cozy job....with some exceptions of course like Mandal from Tata and a few others
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7.1
Like +34 Object -8 In-da-house 18 May 18, 15:59  interesting  top rated  controversial
Seems a bit prejudiced. I will give you that we take help of independent counsels and overpriced law firms when required, but most of the time, we do handle our own sh*t. I do accept we don't stay till 5 AM in the morning, instagramming pathetic firm coffee while putting up stupid captions, smoking like a chimney and eating and dining on clients expense. Neither we have to put up with sexist pigs, drunks, abusive people, who preach and practice the 'law-firm culture'. But you should see our LinkedIn inbox. Quite a few messages from law firms employees,..oh wait, not employees in the legal sense of word, rather law firm lawyers, seeking opportunities and inquiring about work place culture. It is a job, but doesnt make you whine [...]
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7.1.1
Like +10 Object -5 Paradoxical 18 May 18, 18:09  interesting  controversial
Commentor 7.1

If you know the following things done by lawyers as mentioned by you above - "instagramming pathetic firm coffee while putting up stupid captions, smoking like a chimney and eating and dining on clients expense. ...... with sexist pigs, drunks, abusive people, who preach and practice the 'law-firm culture". Then why do you approach them and waste your money?

Contradicting isn't it?

That means you ARE WELL AWARE of what law firms lawyers do and yet you go ahead and WASTE THE COMPANY'S MONEY by approaching them!!!
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7.1.2
Like +9 Object -0 Inbox 20 May 18, 09:19  interesting
Mate, sorry if the feathers got ruffled. there is nothing in the statement of Bapu Lahiri above that you should make you take it so personally, unless of course you agree with it entirely. Well there is no shame in admitting that GCs in general have a cosy life compared to law firm partners and that they aren’t transactional lawyers (and so depend a lot on law firms for transactional / lit matters). Also, merely because law firm partners reach out to you for work on LinkedIn or in person does not make you a great lawyer. Its work life balance which has made many law firm partners go in-house and I have a lot of respect for them. But how many in-house counsel can survive in the demanding set up of a law firm!
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7.1.2.1
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Like +0 Object -0 Myth busters 20 May 18, 21:09
To the question phrased as a statement in the last sentence, the following:
1. Ones who don't have a life
2. Ones who think pushing papers is cool
3. Ones who are poor
4. Ones who are single and nobody wants to mingle with them.

Whichever lawyer claims that you can't have a work life balance while working at a law firm has clearly given in to the law firms' game. No change is coming from that direction. I've seen many partners amongst the big 5 who have a very healthy work-life balance and are known to be star performers. Such partners also ensure that their teams have some semblance of a life. At the end of the day, what really matters is how the firm management treats it's human asset, like humans or like slaves and the what is the message flowing from top to bottom.
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7.1.3
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Like +3 Object -7 SLP 20 May 18, 21:06
Relax buddy, don't get your panties in a twist. In-hoouse may not be the best quality of law out there but at least it does give you the best quality lifestyle.

A quick survey of in-house will show that something like 90% of those people are either passed-over, on maternity / paternity mode, wanting to chill before quitting altogether or not wanting to slog till late nights to get the job done.

It's a fact that the MDs / CEOs ALWAYS insist on the word of a law firm before going ahead. If in-house is so good why would they do that huh ???

But I'm not saying in-house has no benefit. The hours are better, the work stress is much less and there is Zero client pressure. So more time for family and drinks.

Nothing to get worked up over. Relax, add a small comment or two on the latest draft received, send couple of fee reduction emails and go home or party. PEACE
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7.1.3.2
Like +8 Object -1 .45 22 May 18, 09:29  interesting
I love the way you presume the equate the position of GC across corporate cultures : Indian family driven CO, well funded start up , global conglomaorate , US listed MNC , German/ European closely held company , Chinese low tech company etc. Maybe you have insights into the position of the GC and role of Law department in all of them, but IMHO , there are a quite a few GCs who will have many of our average law firm partners for breakfast.
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7.1.3.3
Like +16 Object -0 My 50 Cents 22 May 18, 10:45  interesting  top rated
Amused at the comments from people saying "MDs and CEOs insist on law firm advice because it's better quality".

You guys don't know the dynamics that goes on behind the scenes.

The CEO knows that if he bets the company on something, he needs to have a CYA if something goes wrong. That's why we get McKinsey to come and say its OK. Similarly, a law firm will come and endorse our business plans. The last thing this is about is the law. It's about telling the board tomorrow "a professional firm has looked at this and has signed off that this is compliant". Go and look up basic concepts of corporate governance. We pay money for that piece of paper which is an opinion so that we can tell our board, auditors, shareholders, that we have exercised sufficient due diligence. You guys are an expensive form of insurance, do not confuse this for superior quality.

If it's complex transactions, we want someone who has done this 10 times to come and tell us that we're not missing anything. It's like paying a mechanic to look at your car, instead of deciding that you can google it yourself and fix it. There is no ego in acknowledging that someone is an expert in one area of law and we will pay for that.

Don't let this fool you into thinking that you are better lawyers. Most in house lawyers know their industry inside out, and also understand business dynamics better. Every law firm has "specialists" in different subjects- I won't go to an IP lawyer for a tax litigation, similarly, I won't use a law firm unless they have experience where we don't.
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8
Like +12 Object -0 InHouse 22 May 18, 11:06  interesting  top rated
I've been on both sides of the table. The difference between inhouse and firms is that as in-house lawyers, we don't need to waste our time to build up bbilling hours. We do the work more efficiently, without feeling the need to go around boasting that we worked till 2 am to do something. There are d ays we get to leave at 5 pm and then, there are days where we're working till 3 am and back taking calls at 7 am.

However, as an inhouse lawyer I get a far better perpsective of how to apply the law to the business, rather than merely focussing on the legal aspects. We figure the loopholes, how to plug them and how to save our ass. I've often found errors in advice rendered by practising lawyers with no clear understanding of the business or the markets. We only get opinions because of corporate governance norms,so we can tell the foreign clients that partner of XYZ is of the same opinon. And whp do you think tells the partner what is to be written in the opion
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8.1
Like +11 Object -0 Tr 22 May 18, 12:09  interesting
True Story-

I send a brief for opinion to BigLaw Partner. Brief is 6 pages. Brief quotes 3 sections (call them Section A, B, C), and asks "Can the company take the view XYZ".

Background: I have already decided to take the view XYZ. I need air cover for this.

BigLaw Partner replies with a 3-page opinion saying "This is the full text of Sections A, B, C".

I call up BigLaw Partner.

BigLaw Partner then adds one sentence saying "Based on Sections A, B, C above, we are of the opinion that the company can take the view XYZ".

They send me a bill for 5 lakhs. I ask for the signed opinion, then pay.

I take the opinion, lock it in a cupboard, and pray that I don't ever need to take it out and produce it anywhere.

This is what makes the law firm world go around. Good partners know how the game is played. They know not to make foolish statements like "GCs don't know anything, why else do they want opinions from us?"
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8.1.1
Like +6 Object -0 kianganz 22 May 18, 12:19 LI subscriber  interesting
Can confirm, definitely a true story (though I don't know of that specific instance :)
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8.1.2
Like +5 Object -0 InHouse 22 May 18, 12:49  interesting
And that's how the law firm partners operate! Absolutely true story

It's actually ridiculous if some soul slaving away in a firm actually thought their shoddy research is worth any shit in the opinions. That's all for billing purposes only
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9
Like +6 Object -0 True but still dull GC 22 May 18, 13:15  interesting
@ Commentor My 50 cents
I was going to write the exact same thing. Agree

@ Commentor 8.1
True dat. Yeah

Personal experience:
Seen a GC who would pick up the phone for every small thing and call up lawyers. I used to think, " Why have a GC, even an office boy could be made to sit there and he can dial up lawyers and take advice". Obviously, he had not earned his position and had been appointed because he was management's relative.

Overall, we need dynamic leaders.
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10
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Like +1 Object -1 Seen That 22 May 18, 20:38
Worked with a GC who would walk in at 11 am, go to play tennis at 12 pm, be back to office at 2:30 pm, have lunch in office, call up some advocates after that, start with drafting and make everyone sit till 9 pm, hang around in office till 12 am 2am whatever and boast about late night sitting the next day.

Yeah and also office gym, kickboxing, golf, swimming all that.

What a nice life it was for him.
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