Cyril Amarchand Mangaldas has hired J Sagar Associates (JSA) Mumbai securities partners Manisha Kumar and Gautam Gandotra, who were part of the team soon-to-leave JSA partner Somasekhar Sundaresan, Bar & Bench first reported and Legally India has confirmed from two sources.
Kumar specialises in corporate commercial law, securities law, private equity, mergers & acquisitions and the financial services sector. The 1996-Delhi University LLB-graduate Kumar had been at JSA since 2008, having joined from Wadia Ghandy & Co in 2002, following a stint at Gagrat & Co.
Gandotra specialises in mergers & acquisitions, private equity corporate work, having been a lawyer since 2004. He completed his LLB from ILS Pune,
JSA joint-managing partner Shivpriya Nanda confirmed them leaving and wished them well.
Cyril Amarchand has been working hard to refill the corporate-sized hole left by corporate partner Ashwath Rau and three partners, who will join AZB
Private equity partner Himanshu Dudeja also left last month to go in-house at Blackstone.
Since then, late last month, Cyril Amarchand hired JP Morgan assistant general counsel Ruetveij Pandya as Mumbai corporate partner.
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But no doubt, ashwath story has gone on for way too long, needs to stop at some point. The new partners are stars in their own right, every lawyer is special. Till no more poaching from Luthra, please keep hiring more. Mr. Saraf sends his regards..
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What is the previous record of jsa lawyers joining cam? Kian - any empirical data?
For Gods sake, stop glorifying an individual so much that you start deluding an institution. The dynamics and interplay would continue to happen. Some would do well and some would do not so well.
But the brand is still strong in Mumbai (even with Ashwath going). Rishabh will have to pull even more weight, unfair at some level given the way he has proved himself with Delhi hires, has had his plate full, especially after Himanshu leaving. We senior lot will have to do more business development trips abroad. But every challenge has an opportunity.
All the best to Rishabh. He has all the makings of becoming the next big name in Mumbai (like Cyril), needs support from seniors to rise and shine. Best wishes.
Kian - why don't you make your platform more advanced - so that matchmaking can happen here itself.
If that article is anything to go by - we definitely need saving from these disrupters of peace!
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