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Breaking: Khaitan & Co snares AZB rising star Vaishali Sharma

Vaishali Sharma
Vaishali Sharma
Exclusive: AZB & Partners corporate and private equity partner Vaishali Sharma has joined Khaitan & Co’s Mumbai office, as AZB has stemmed a string of associate departures over recent months.

Sharma (pictured) resigned at the end of August and will join Khaitan & Co today as an equity partner to focus on corporate, private equity and anti-trust work, according to several authoritative sources.

She is understood to have taken off six weeks returning to India yesterday, having taken a vacation and considered a number of job offers made by other law firms. Sharma declined to comment.

Khaitan & Co Mumbai co-founding partner Rabindra Jhunjhunwala told Legally India: “There’s no dearth of new work for a new partner to join and take on new work. It strengthens our M&A team overall and it’s great to have her on board.

“She’s somebody who has been doing a lot of M&A and she’s known in the market, so it gives us an opportunity to go back and tell clients that we have another new partner to serve their needs.”

Sharma had joined AZB as a partner in 2005 from Kochhar & Co, having started her career in 1999 at Desai & Diwanji.

In 2008 she was seconded to AZB’s best-friend firm Clifford Chance for several months and she gained an England & Wales solicitor’s qualification in 2005.

Over the past five months AZB & Partners’ Mumbai office is understood to have suffered an unusually high number of associate departures across all levels.

Approximately 19 lawyers are understood to have left AZB’s Mumbai office over the past six months, which was raised with concern at a partners’ meeting roughly eight weeks ago.

However, it is understood that the firm has over the same period hired a total of 26 lawyers including freshers, bringing the firm’s total lawyer headcount in Mumbai up to roughly 110 again.

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