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ELP disputes partner Madhur Baya starts LexArbitri

Baya: mystical edge
Baya: mystical edge

Economic Laws Practice (ELP) Mumbai dispute resolution partner Madhur Baya left the firm last week to start up his own arbitration practice LexArbitri.

“The day I turned a lawyer I knew I would be starting up my own firm. [After] being a partner in a firm and shaping an organisation rather than building one your own way, it is the natural next-step for anyone [to start up]. How soon was the question,” commented Baya, who was part of the team setting up ELP’s dispute resolution practice with practice head Vikram Nankani. “It has been a good run, seven years of building one practice.”

Baya graduated as a cost accountant from the ICAI in 1996 and as lawyer from Udaipur in 2000. He started his legal career in 2003, joining ELP as an associate and was promoted to senior associate in 2005, an associate partner in 2010 and finally a partner at the firm in August 2012.

He is also a qualified solicitor of England & Wales.

Baya said: “Western India is a natural choice [as a regional focus of LexArbitri] - Bombay being its base and since being a one-man army it can’t spread much yet. I have in the past done various sectors – insurance, commodity, oil and gas – and I hope I’ll do all of those.”

“There is no preferred set of clients though I am largely focusing on multi-national corporations because they are lost in the mystical terra firma of arbitration in India. A lot is inexplicable to the non-Indian lawyer – they don’t understand why things happen the way they happen in our country. Often times it more a matter of using the right strategy to make things work,” he added.

ELP partner Nankani commented: “Madhur started his legal career with ELP. After spending more than a decade with ELP, we are happy that Madhur has embarked on the journey of his own with all the experience gained at ELP.”

ELP’s disputes practice had experienced considerable churn since a large defection earlier this year.

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