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First new partner for Bharuchas in corporate practice bolt-on

Bharucha & Partners has taken over a Mumbai niche corporate practice, gaining the first new equity partner since setting up.

Rukshad Davar joined last Thursday as the firm's fifth equity partner, taking with him two paralegals who worked with him in his start-up practice Rukshad Davar & Assorunniciates.

Davar had worked at P&A Associates around two years ago, before setting up his own firm. Explaining why he had taken the step at the time he said: "Certain clients approached me and I said, 'Let me give it a shot.'

"Things were working out well and then afterwards, I came across the need that the integration of a bigger practice is preferred. Clients were looking for a full service law firm and I was dealing only with an M&A and corporate practice."

He added that since his firm was a running practice almost all his clients were likely to move with him to Bharucha & Partners.

Bharucha's co-founding partner Alka Bharucha said she was pleased to have him on board. "He's rare in that he's both a chartered accountant and solicitor – he adds to our corporate M&A and tax practice significantly."

She added that the firm would be looking to grow organically and inorganically in future, as a function of the market. "We didn't expect to grow so much in the last year but we have."

Bharucha & Partners was formed almost one-and-a-half years ago when Alka Bharucha and MP Bharucha left Amarchand Mangaldas to set up on their own with part of their former team.

The Mumbai-based firm now consists of five partners, 25 associates and around 10 trainees.

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