Luthra Delhi down 3: Nivedita Tiwari joins MNK, Moushami Joshi to Pillsbury, Shweta Hingorani non-corp

Tiwari
Tiwari
Three Luthra & Luthra Delhi partners have left or are leaving, just ahead of the firm’s delayed partnership promos.

Tiwari: Joins aspirational MNK
Tiwari: Joins aspirational MNK

Luthra & Luthra partner Nivedita Tiwari quit last month to join MNK Law Offices, as partners Dr Shweta Hingorani and Moushami Joshi are also set to leave the firm for personal reasons.

Tiwari has joined MNK, which was set up in 1996, as an M&A and private equity partner. The firm was ranked sixth in the 2013 first quarter mergermarket M&A league table by volume with three deals worth $59m.

She commented: “MNK is a place where I can fulfil my career aspirations by not only continuing to lead challenging M&A and PE deals but also helping shape and direct the future course of the practice.”

Tiwari was promoted to Luthra’s partnership in 2011 after joining in 2005 from AZB & Partners. She is a 2003 graduate of University of Delhi’s law faculty.

She will be MNK’s fifth partner, alongside four NLSIU Bangalore alumni – former AZB & Partners partner Probal Bhaduri, former KSB Partners co-founding partner and GE Commercial Finance general counsel Srinivas Kilambi, litigator Anuradha Mukherjee, and former Arthur Andersen tax advisor Gyanendra Kumar.

Unrelated to Tiwari’s move, two other Delhi partners are also leaving Luthra.

Moushami Joshi to Pillsbury

Joshi, who had been an international trade partner at Luthra since 2010, will be moving to the US for personal reasons in the coming months where she will join US law firm Pillsbury Winthrop Shaw Pittman as an of counsel.

She is qualified to practice in New York and holds an LLM in international trade from Washington University Law School, and a 2001-LLB from NLSIU Bangalore.

She told Legally India that she would likely continue working closely with Luthra in future, which had a close and long-standing relationship with Pillsbury.

Shweta Hingorami: exploring non-corporate

Hingorani, meanwhile, said that while Luthra had been a great experience and “like a home” to her, she would be taking some time out from corporate law to focus on other areas of law. “I have been practicing corporate law for more than a decade now and after having worked practically 24x7 all these years, I have decided to take time off to explore certain other interests, particularly writing on legal and governance-related issues.”

“My interests are quite varied and I dabbled in different things prior to joining the firm. I did my masters in international relations and my PhD in German constitutional law in the UK, trained with the European Commission and undertook policy research for the Canadian Government, amongst others,” she added.

She was promoted to the firm’s partnership in 2008 - the same year as litigation partner Ajit Warrier who joined Amarchand Mangaldas in June.

Luthra senior partner Mohit Saraf declined to comment on individual leavers’ circumstances, but said: “We are doing a lot of internal restructuring and rethinking. We want to take firm to a different level.” [Clarification: Saraf has clarified that the restructuring and the three departures are completely unrelated]

The firm is due to announce its long-awaited partnership promotions later this evening (Saturday, 3 August).

Comments

AK 3 Aug 2013, 11:17
+4 -2
Srinivas Kilambi is parter in both MNK and KSB Partners? Or has he left KSB Partners which he had co-founded? Also interesting to see the strong AZB connection of the partners--Probal from AZB, Nivedita (from AZB and her husband is a partner at AZB), Kilambi's wife is also a partner at AZB.
Noida 5 Aug 2013, 07:18
+2 -0
[quote name="AK"]Srinivas Kilambi is parter in both MNK and KSB Partners? Or has he left KSB Partners which he had co-founded? [/quote]

KSB Partners is being wound up. No idea what the other partners' plans are or what will happen to Lexplosion.
Diwakar 3 Aug 2013, 12:06
+20 -4
Go M&K - All the best Nivedita.
anon 3 Aug 2013, 18:41
+30 -4
Its a big big big loss. All three of them are not just brilliant lawyers but also absolutely wonderful people. Irreplaceable loss for the firm, and its culture.
Loss 4 Aug 2013, 08:57
+9 -1
[quote name="anon"]Its a big big big loss. All three of them are not just brilliant lawyers but also absolutely wonderful people. Irreplaceable loss for the firm, and its culture.[/quote]

Luthra has lost some very good people over the past one year. Sad to see a firm of such standing and repute losing so many reputable people in such a short span of time.
Big Loss.
Karma 5 Aug 2013, 07:02
+5 -0
[quote name="anon"]Its a big big big loss. All three of them are not just brilliant lawyers but also absolutely wonderful people. Irreplaceable loss for the firm, and its culture.[/quote]

Luthra used to be a very different kind of firm in the early 2000s, but it started losing that "good culture" by implementing certain poor and unpalatable policies. I think the management was content to rest on its old laurels, popularity and poachings. They could not keep up with the changing times and also failed to understand that policies that are detrimental to lawyers at any particular level will be regarded as oppressive by lawyers at every level. Those poor policies are now bearing fruit. It may not be easy to replace the star partners who were "lost" recently given the loss of "good culture" reputation.
question mark? 4 Aug 2013, 04:04
+2 -1
Why the internal restructuring connected to loss of partners? explain.
Right 4 Aug 2013, 05:28
+12 -1
[quote name="question mark?"]Why the internal restructuring connected to loss of partners? explain.[/quote]

You structure internally by losing good fee earners- that's the new LL outlook.
Rajiv needs to rethink his business plan.

Sad!
Anonymous 4 Aug 2013, 05:01
+15 -1
So mr. Saraf are you sure that this restructuring is voluntary and not involuntary???!
YUM S 4 Aug 2013, 08:54
+1 -0
[quote name="Anonymous"]So mr. Saraf are you sure that this restructuring is voluntary and not involuntary???![/quote]

Is it ever involuntary?
comment 4 Aug 2013, 06:08
+8 -1
why Mr. Luthra was not asked for his comments? is it also a part of internal structuring!
Insider 4 Aug 2013, 07:58
+9 -16
[...] As for internal restructuring, yes, its on - and Mr. Luthra is very much back in action and leading it.
Karma 5 Aug 2013, 07:03
+4 -0
[quote name="question mark?"]Why the internal restructuring connected to loss of partners? explain.[/quote]
[quote name="Insider"][...] As for internal restructuring, yes, its on - and Mr. Luthra is very much back in action and leading it.[/quote]

Back? Was he missing during the storms?
Aggrieved insider 4 Aug 2013, 11:05
+11 -0
It seems that with these partners leaving the management at Luthra has finally realized the need to rethink. Hope they actually implement the restructuring-
unlike much 'awaited and debated' lock step- before their is more attrition.
Abandon Ship 4 Aug 2013, 12:26
+3 -0
[quote name="Aggrieved insider"]It seems that with these partners leaving the management at Luthra has finally realized the need to rethink. Hope they actually implement the restructuring-
unlike much 'awaited and debated' lock step- before their is more attrition.[/quote]

..BEFORE there is more attrition? The gates have already opened.
insider 2 4 Aug 2013, 11:52
+3 -0
Dear insider no 1. It is not nice to disclose personal details and events on a public forum-even as a part of your defence.
Insider 4 Aug 2013, 12:59
+3 -0
Have stuck to information which is generally known within the Firm. However, I take your point. Kian, could you please take that one off.
Insider 3 4 Aug 2013, 12:32
+13 -1
Going by some of the latest league rankings, MNK seems to be higher up than L&L in the league tables. Wonder who is having babies and who is slowing down!!!
anon 5 Aug 2013, 07:39
+0 -6
Luthra has allways been a big transactional firm, and being a market leader in project and banking and finance, private equity, divestment, and regularly does complex M&A (abbot piramal billion USD, tata starbucks, blackstone -moserbaer etc). They have consistently been ranked highly by Chambers and Partners and IFLR- including named Firm of the Year. many deals may not be reported on account of client sensitivities, and its not fair to judge L&L only on basis of mergermarket. MNK and others are not on Chambers and IFLR lists!!
RSG 4 Aug 2013, 13:37
+22 -3
Losing Nivedita is a big, big loss indeed to Luthra.
Excellent on M&A and PE deals and could single handedly drive the transaction through.
LL WELL WISHER 4 Aug 2013, 14:33
+12 -1
The sign of a mature and confident firm would be to acknowledge the contribution of its people, esp. those who have been with them for a long time.
Outsider 4 Aug 2013, 14:55
+12 -1
Its not just Partners....luthra has the highest attritions rates when it comes to senior associates and associates.....they have lot a lot of discontent people and you just need to speak to any luthra associate to know that.....issues ranging from pay, no standard policies on promotions, hikes, (even basic things like leave and pay cuts) and general opacity and randomness in way things work there......its kind of funny that Luthra has to threaten people with lock-ins to keep them with the organization....
Aggarwal 12 Aug 2013, 18:16
+0 -0
[b]@Outsider[/b]

I would like to discuss some points with you regarding Luthra. But I don't want to discuss them here. Can you please contact me on
. I am waiting for your message.

Thanks
Hero handa 4 Aug 2013, 16:42
+2 -18
Me thinks people commenting don't know facts or are part of the problem this firm is sorting. LL has had a lot of dead wood and was insistent on getting rid of it, till now. Not saying these three are dead wood, but clearly they didn't have the presence in the firm or in the market. Good humans [...] - agreed. But what about revenues? Hopefully after this restructuring LL will swing back. Too good a firm to lose its way.
Bajaj Chetak 7 Aug 2013, 20:22
+4 -0
1. All 3 very accomplished. Won many laurels for LL. 2. Promoted the work culture LL desperately needs to embrace. 3. Great humans.

As a part of the LL team, I'm writing only to stand up for these 3. It's unfair to say things such as in the comment above. There are other valuable middle to senior members across teams who've left in recent times. Certainly not "deadwood".

General sentiment around the firm now is that it's time to move on unless something changes soon for the better which isn't just an eye wash.
anon 4 Aug 2013, 17:09
+7 -1
Hero handa..if u think revenue is the sole criteria you are clearly myopic and the typical *money is god* believer. The three ladies in question have been the most successful partners in terms of quality of legal work, client develop ment and retention, revenue, and are super achievers in all ways possible. Your comment is not only factually incorrect but also shows your personal failings and biases.
canaughty place 4 Aug 2013, 17:14
+2 -12
a bit blunt for mr. saraf to imply these exits were forced by using the term 'internal restructuring". even if it is true. interestingly, i think all these exits were for the most part servicing mr. luthra's matters. not mr. saraf's whose proteges are doing well.
Anon 4 Aug 2013, 17:54
+8 -1
@hero handa- that is a very sexist and objectionable statement! What's good looks got to this debate? Pathetic macho attitude! For the sake of women working in luthra - im hoping you are not part of the management.

Also your comment is very personal- so Its quite clear you didn't get along with any of these individuals.
Insider 3 4 Aug 2013, 17:59
+7 -2
I can't speak for either the firm or the individuals involved but I must say hero's comment reeks of sexism.

Kian - I trust you will exercise your editorial discretion in controlling such comments.
kianganz 4 Aug 2013, 18:09
+0 -1
Sorry, the sexist part of Hero Handa's comment should have been moderated but snuck in... It has been now.
Observer 4 Aug 2013, 19:03
+0 -0
Hi Kian,

I believe Moushami Joshi was promoted to partnership in 2010 and not in 2006 as mentioned in the article. Please have a look into it. thanks
kianganz 4 Aug 2013, 19:08
+1 -0
Right, apologies - Linked-in data is sometimes deceptive - correcting... http://www.legallyindia.com/20100405656/Law-firms/luthra-a-luthra-promotes-three-to-partner-22-senior-lawyers
kianganz 5 Aug 2013, 05:52
+12 -0
A note we've added to the article: Saraf has clarified that the restructuring and the three departures are completely unrelated, in case that impression was wrongly created.
Anon 5 Aug 2013, 05:57
+4 -2
All three have left for very different personal reasons
Nivedita Tiwari 5 Aug 2013, 10:19
+29 -2
I have worked at Luthra for 8 years and share very good terms with both Mohit and Mr. Luthra. It's a good firm and has a lot going for it and I wish them all the best!
Anon 5 Aug 2013, 11:06
+4 -0
Well said, Nivedita!
????? 5 Aug 2013, 15:40
+6 -14
[quote name="Nivedita Tiwari"]I have worked at Luthra for 8 years and share very good terms with both Mohit and Mr. Luthra. It's a good firm and has a lot going for it and I wish them all the best![/quote]

did they make you write this?
uff 5 Aug 2013, 18:22
+0 -4
[quote name="?????"][quote name="Nivedita Tiwari"]I have worked at Luthra for 8 years and share very good terms with both Mohit and Mr. Luthra. It's a good firm and has a lot going for it and I wish them all the best![/quote]

did they make you write this?[/quote]

Its clear that the markets are down - too many jobless lawyers. .
Another Partner 5 Aug 2013, 18:08
+13 -1
Dear ???. are u stupid ? if she has left- how can they make her write it ???? Both MS and NT are thorough professionals and have clarified on their own- as $#%$%% up ppl like herohanda came and trolled and gave the whole story a pathetically slimy twist. use your brains ppl (if u have any).

Sadly LI has just become a forum for mud slinging and Kian lets talk sometime (i will get in touch with you) - perhaps you need to analyse the role of moderation to keep out sexist, base, and utterly personal remarks that only encourage slandering. hope u are mature enough to understand that the merit of any news website (and journalism) is evidenced by the quality and ethics and professionalism and not by the number of hits the website gets.
kianganz 6 Aug 2013, 07:55
+4 -2
I think ????'s comment was a stab at humour / trolling if anything, rather than any genuine suggestion that anyone forced anyone else to write the comment in this case...

Though, I thought it did indirectly raise an interesting point of how law firms often exert influence on their ex partners and associates from beyond the grave so to speak: i.e., the lengths partners often have to go through to maintain good relationships with their previous firms, even if they were treated terribly, for fear of retribution and the influence their former bosses wield in the industry.

I'm not saying it's the case here, but I've spoken to enough exiting partners in my time to be aware of the dynamic...
Another Partner 6 Aug 2013, 08:23
+1 -0
so u agree you encourage trolling !!??!!
kianganz 6 Aug 2013, 08:32
+4 -0
We encourage open debate and freedom of speech, which may sometimes have that side effect.

Furthermore, sometimes it's hard to distinguish trolling, legitimate humour and insightful commentary, and we'd rather not have to get on that slippery censorship slope.

Rather than feeding this potential troll with outrage, for example (which, if they were in fact a troll, is what they would have been delighted by), I was thinking that there was an interesting nugget in the comment, along a similar line as I explained above.

Just the fact that someone would ask, even as a joke, of an ex-partner whether your former boss forced you to write something nice a month after you left, is somewhat insightful on the Indian law firm context, even if not applicable in this case. Ask yourself whether someone would have written this in New York or London? And would anyone actually have taken such a comment seriously there?

I have found that the best way to deal with trolls is to either ignore them, or to fight them with reason and kindness (the 'hug a troll' principle).

Best wishes,
Kian
@ 22.1.1 7 Aug 2013, 12:55
+0 -0
You expect LI to censor trolling? What about free speech? Surely people are intelligent enough to figure out who is a troll or object/ respond to a comment that is not true?

LI moderates certain comments if they are abusive, sexist, etc. What more do you want?
Observer 911 6 Aug 2013, 16:02
+4 -0
Kian, you've hit the nail on the head!

"...how law firms often exert influence on their ex partners and associates from beyond the grave so to speak: i.e., the lengths partners often have to go through to maintain good relationships with their previous firms, even if they were treated terribly, for fear of retribution and the influence their former bosses wield in the industry. "
@ Kian 7 Aug 2013, 12:53
+1 -0
True. What is more important is that you called a spade a spade. [b]Respect. [/b]
Praja 6 Aug 2013, 07:15
+6 -9
For all the talk of sexist comments by a commenter, LI must also reflect on its choice of images accompanying its news reports. It is equally important that gender stereotypes are not perpetuated in the reporting itself, howsoever subtly. A more 'professional' photograph (like that of Mr. Mohit Saraf in another report) might have made a lot of difference in perception. Time for some gender sensitive reporting.
kianganz 6 Aug 2013, 07:29
+5 -0
We generally take our pictures either from the firm directly, or, more often, from Linked-in (as in this case). I think it's fair to assume that a person would be fine with their Linked-in profile picture being used in a business-type news story (and if they're not, they tend to tell us).

In this case, I think it's a professional photo, unless you believe that a professional picture needs to be boring.

As for sexist commenting, we actually try moderate every single reference to a person's appearance (positive or negative, and including on men), and there are often quite a few sometimes.
Observer 911 6 Aug 2013, 15:53
+7 -7
How is using a smiling lawyer's face reinforcing gender stereotype? How is this photo unprofessional? Is a smiling woman unprofessional? Is a pretty woman unprofessional & should show that she is wearing formal clothing to prove that she isn't a bimbo?

How is it "gender sensitive" to publish a photo of a male lawyer instead or for that matter female lawyer in a formal outfit? Praja comment is sexist. Funny that words used are feminist vocabulary. No wonder they don't make any sense at all.
sensitive enough & bold too 8 Aug 2013, 16:47
+1 -0
pls see reply to @praja at 23.1
sensitive enough & bold too 8 Aug 2013, 16:46
+5 -6
Need to dwell deeper here! One thing’s for sure… @ praja is a sensitive observer … and (repeat) praja here is just a sensitive observer … no doubt, Its entirely nivedita’s prerogative how to present herself on a professional network site like linked in… [...] the subtleties here are rightly grasped & pointed out by a sensitive @praja and the objection is very correctly made… [...] however all the following replies by kian and supporters stand some ground too but to a limited extent…!
Feminist 6 Aug 2013, 07:48
+8 -8
So Praja- basically your logic is the same as " if a woman wears short skirts she is inviting rape?" And by extension kian could have avoided a sexist statement by troll by putting a boring or ugly photo?

Kian I think praja's comment is worse than the troll's, pls throw it out.
Praja 6 Aug 2013, 08:46
+8 -8
[quote name="Feminist"]So Praja- basically your logic is the same as " if a woman wears short skirts she is inviting rape?" And by extension kian could have avoided a sexist statement by troll by putting a boring or ugly photo?

Kian I think praja's comment is worse than the troll's, pls throw it out.[/quote]

Kian: point about you sourcing the photograph from Linkedin or the firm is well taken. Having said that when you or Feminist talk about 'boring' or 'ugly' photo, I believe you and Feminist are implying that being 'boring and ugly' is not an option. Poor me.

Coming back to the point of perception, a fantastic comment on short skirts and rape does not address the point I made. Several media studies and feminist studies have indicated that use of certain language (such as, supermom) and images while reporting about the accomplishments of women often leads to blurring of focus from their achievement and perpetuates a sub-culture of seeing women in a non gender-neutral perspective. An OUP book on gender studies (I can't recall the exact name) and a compendium of essays by Cambridge University Press come to my mind. UNESCO also came out with a guide on gender sensitive reporting.
kianganz 6 Aug 2013, 09:06
+2 -0
Thanks for your response and interesting explanation.

One small point - I never talked about 'ugly' photos, and I used 'boring' only in the context of the photo you mentioned of Mohit Saraf, suited, booted and sitting down, in traditional lawyer profile photo pose.

In any case, I take your point on sensitivity in reporting but would like to think we're doing ok on that front, both in terms of photos, and language. We'd obviously never use the term super-mom, and as far as I know we've also always managed to avoid words like 'ladies', 'lady-lawyer', 'girls', etc about professionals, which I personally find a little derogatory too, though some clearly disagree.

Best wishes,
Kian
Anonymous 7 Aug 2013, 09:27
+8 -1
Pedigree at MNK appears to be great. 4 Partners from National Law School and one Partner who is ex Luthra and AZB. Looks like a lot is going in favor of MNK. Way to go MNK!
Guest 12 Aug 2013, 12:26
+2 -2
In furtherance of your point of great pedigree, Nivedita happens to be St. Stephen's and Delhi Law Fac combo, same combo which has given us likes of Jyoti Sagar, Akshay Jaitly, Praveen Anand, Sameer Parekh, Ranji Dua, Uday Walia, Kapil Sibal,L.M Singhvi (and sadly Abhishek Manu Singhvi as well!), Neeraj & Sanjay Kishan Kaul and numerous senior advocates and judges. Just acknowledging the existence of life beyond NLS!
[quote name="Anonymous"]Pedigree at MNK appears to be great. 4 Partners from National Law School and one Partner who is ex Luthra and AZB. Looks like a lot is going in favor of MNK. Way to go MNK![/quote]
Funny 13 Aug 2013, 12:13
+0 -2
Just to put things in perspective, a lot of the lawyers named above studied and/or worked abroad. Some colleges are exceptionally good, some have a few exceptional students ;)
Biased Opinion 29 Aug 2013, 06:35
+0 -0
Well said my friend and thanks for sharing this data!