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Khaitan promotes former accountant to partner

Khaitan-Sanjay-Sanghvi_thumb
Khaitan-Sanjay-Sanghvi_thumb
Khaitan & Co has made up a former PricewaterhouseCoopers (PwC) chartered accountant-cum-lawyer to partner.

Sanjay Sanghvi (pictured) only qualified as a lawyer after joining Khaitan in January 2008 from PwC. He is the third new member to the law firm's partnership in as many months.

He said that working in a law firm was very satisfying: "In accountancy firms you typically do compliance work and you don't go deeper into the law and interpretation.

"The client can always go to a legal adviser to vet your advice, while being part of a law firm we ourselves can interpret the law for the client," he explained.

Sanghvi will co-head Khaitan's Mumbai tax practice alongside tax and funds head Daksha Baxi, who is also a qualified accountant and lawyer. She and Sanghvi will lead a team of nine tax lawyers in Mumbai.

Khaitan's national tax practice is made up of around four partners, with roughly seven tax lawyers based in Delhi, another five to six in Kolkota and a smaller team in Bangalore.

The majority of their work comes directly from companies, said Sanghvi, although they also continue working a great deal directly with the large accountancy firms.

Khaitan has hired two new partners in the last two months, starting with UK international firm Freshfields Bruckhaus Deringer corporate senior associate Bharat Anand and infrastructure partner Prabjot Singh Bhullar from AZB & Partners in mid-May.

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