Exclusive: King Stubb & Kasiva (KSK) has launched a full-fledged Bangalore office on 1 July as it is aiming to open in Ahmedabad by this time next year.
The firm had been “active” in Bangalore since 2010 from a “small set-up” said managing partner Jidesh Kumar, mainly supported by Delhi and Chennai, but since July it became a standalone operation. The new office is headed by Kumar, Delhi intellectual property practice partner of two years, Deepesh Ahuja, and Delhi tax partner of more than four years Neeraj Vora.
Kumar said: “We have been active in Bangalore, [handling] private equity funds, large MNCs [multinational corporations] and real estate work. Now we’re looking at expanding. We’ve added tax, IPR, and information technology, some bit of projects and finance”.
The office on Lavelle Road overlooks the Bangalore Club and currently consists 14 lawyers, three of whom relocated from the Delhi and Chennai offices. Eleven other lawyers were fresh hires, said Kumar, with a mix coming from other firms or litigation.
Kumar said he planned hiring around 12 further associates in Bangalore by December, though not at the fresher level.
“We have a policy not to take freshers at all. Our first year associates have a minimum experience of two years. We take lawyers who have been trained in large law firms or international law firms, who have hit the ceiling and wish to try and explore working in niche areas,” he said.
He told Legally India that the firm’s clients included Fortune 100 companies, seven Fortune 20 companies in India and around 80 large Indian corporations, including group companies of the Tatas, Reliance, Max, and Dabur, as well as many foreign and domestic banks.
Ahmedabad looked promising to KSK in the banking and infrastructure space and was seeing a “lot of activity”, noted Kumar. “We are leaders in automobile ancillaries in India, and I am also on the board of several automobile companies.”
Bangalore is the fourth office of the firm, which was started in Delhi in 2006. KSK set up shop in Chennai in 2007 and opened in Mumbai in 2010, and now has 78 lawyers across its four offices; Delhi is the largest with 34 lawyers.
Rajesh Sivaswami heads the Delhi practice, Ravi Ramanathan heads Chennai, and Farah Sheikh will head Mumbai.
The firm presently currently consisted of 17 partners, with 12 holding equity, according to Kumar, who added that he hoped KSK to grow to 20 partners by the end of the year.
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Evidently Jidesh's USP is "High premium on providing preemptive legal support in English." Wow!
I am surprised there is such a strong reaction - does anyone have any evidence for doubts about any assertions made?
We do have to take some things we are told at face value but should there be any specific reason to doubt those claims, apart from the fact that KSK is less well known and we've only written about KSK once in the last three years?
There are also many other firms in India's legal ecosystem I've never or barely heard of that are rather large or successful. And KSK's relative lack of visibility could also have to do with their assertion that they don't hire freshers, which could clearly take them off the radars of many lawyers.
Fact checking in such a case, unless we have some tangible reason to disbelieve a managing partner, is easier said than done. Short of visiting a firms' offices and counting every associate, or calling up a large number out of the blue, generally we'll have to believe in good faith what we're told.
If we later find out, and we usually do, that a firm has been fudging its figures that'd be fairly embarrassing for all involved.
Best wishes,
Kian
I still don't think anything "fishy" has been pointed out in this thread, but if anyone has any particular knowledge, please contact me directly and I will be happy to discuss confidentially.
Best wishes
Kian
It is clear that comments 11, 12 and 13 are by the firm itself. Kian, you should edit it.
www.ezdia.com/epad/legal-outsourcing-companies-business-process-development/4390/
www.ezdia.com/epad/legal-outsourcing-companies-business-process-development/4390/
www.myjobservation.com/fresh-law-graduate-jobs-in-legal-process-outsourcinglpo-india/
This perhaps explains why they have 78 lawyers which makes total sense. Kian, a simple google search can help you find these and put the right questions (which is what journalism is about) - you dont need to go to their offices.
Perhaps you will be encouraged by Rotten Tomatoes stand that "- We're probably going to move to a Facebook-based commenting system that doesn't allow for anonymity. You'll have to stand by your comments, just like a critic does. So you'll still be able to argue about a movie you haven't seen, but people will know it was you. (I know that won't make a difference for some people, but at least there may be some measure of responsibility).
"
But again, you like trolls dont you? I really think you need to move to a system where people identify themselves (at least by email) - for the sake of your websites integrity. I know you will say that people will create fake email ids, but then your readers are smart enough to distinguish between a genuine email id and something like "legalgossip@gmail". Do consider this.
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