AZB & Partners Mumbai has promoted a seventh - Sonali Mathur - to its partnership, following an announcement last month of six promotions.
Her promotion, as the previous ones, also takes effect from 1 April 2017.
Mathur is a 2007 GLC Mumbai graduate, who also holds an LLM from Columbia Law School from 2009.
She had joined AZB in 2009, having begun her career at the chambers of senior counsel Janak Dwarkadas.
Last month, AZB Mumbai had promoted:
- Roxanne Anderson (Symbiosis Pune 2009)
- Kashish Bhatia (NLU Jodhpur 2009) - had joined from Cyril Amarchand Mangaldas in May 2016, began career at Majmudar & Co and Phoenix Legal
- Rinki Ganguli (GLC Mumbai 2008) - had joined AZB as a paralegal in 2006
- Divya Mundra (Nalsar Hyderabad 2009)
- Rahul Rai (NUJS 2007), competition law - joined AZB in 2012 from Stanford Law School, began career at Economic Laws Practice (ELP)
- Arvind Ramesh (Nalsar Hyerabad 2005)
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It's sad that firms have to resort to holding back pay as a retention tactic. Such a short sighted solution. Why not fix the real problem - improving the hr policies!!!! Long term systemic fixes!!!
Top 5 things azb can do to improve that will massively curb attrition problems and improve individual accountability and productivity:
1. Remove the 11 o clock rule (instead increase min work hours by 2 for defaulters by making them do firm pro work)
2. Abolish the sandwich leave deduction rule (and reduce the number of leaves from 30 to 25 if need be).
3. Non working Saturdays only (the workings ones are not productive!)
4. Basic cluster system (if not a full fledged team system). Right now the system punishes the good honest workers and they burn out/ get entangled in politics.
5. Easy sanction of leave and strictly respecting them.
Lawyers may be money making machines but they are humans too!
No doubt Ashwath is awesome. But if he could leave Cyril after 15+ years, what assurance he won't leave zia in the future.
Equity games are complex. Certainly not one to be decided by legally India comments based popularity. The successor should have money to buy out zias expensive stake too!! Que sera sera.
But of all the firms with 50+ years history, wg stands out. Mostly merit and not descendant based succession. Sad the jsa model doesn't seem to be working with all the recent exits. Kco's new strategy and even the trilegal model looks interesting.
Kian, how about a thoroughly researched and analysed article on succession at firms?
The team system (and the technical depth it allows to get created) greatly supports the average amarchand partner.
The grilling azb system makes their partners broad based (width in practice) and quicker on the feet.
About a year ago, a corporate M&A partner was moved to the lit team. A few weeks ago, Anoj and his team were poached. Sonali's patience may have run dry and she probably issued an ultimatum.
Zia (like the US) does not negotiate with hostiles (like the US with terrorists). So she's given Sonali the promotion (which again was long overdue and fully deserved), but I'd be wary of Zia's demands from her now.
On the other hand, a well-deserved promotion, especially considering that Sonali has stuck on for a really long time in a team that has a high attrition rate.
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