Milbank Tweed Hadley & McCloy has hired India group lawyer Sanjeet Malik as an of counsel in its Hong Kong office from Cleary Gottlieb Steen & Hamilton where he was an associate.
Malik (pictured) would help coordinate Milbank’s India practice and work on corporate, private equity and restructuring transactions, the firm said in a press release.
Milbank’s Washington-based India practice head Glenn S. Gerstell commented in the press release: “We have seen an increased amount of work coming out of India. Since foreign law firms are not authorized to have an office there, we needed to build our resources nearby to meet the demands of our clients – whether companies located in India or strategic or financial investors outside of the country.”
He added that the Malik’s joining Hong Kong would help “refine our focus on India”.
Malik, who is not qualified in India but speaks Hindi, completed his US law degree from Cornell Law School in 2001.
threads most popular
thread most upvoted
comment newest
first oldest
first
I am curious why some US firms think that they need a 'desi' face to relate to India practice and their so called 'India gorups'?
anywyas all th best to Sanjeet
If a firang can head an India practice - which many do - surely someone with an Indian background, an NRI or PIO can do so too and perhaps even has a cultural advantage?
Nothing wrong with that, each business is free to do whatever it wants to take to further their businesses. I was told that in ealry days, the western fimrs had hired Chinese faces to deal with China work (inbound and outbound) notwithstanding that these chinese faces knew less about China than the whites who had been based in Hong Kong for a very long time. Indeed lack of English language capabilities and unfamiliarity with common law were real hindrances to finding suitable real chinese lawyers in those days.
What i do not understand is how come India is treated as a jurisdiction which can be headed by a person who neither has studied nor worked in India?
I can understand if what these firms was only targetting Indian clients doing US or UK law work, but they clearly want to represent their international clients doing Indian legal work and want this practice to be headed by a person who has neither studied nor worked nor qualified in India.
My apologies to Sanjeet and clarification that this post is not in anyways meant to be personal comment on Mr. mallick, who I do not know at all. It is meant to be a response on the prevailing market trend and Kian's comment.
I tended to find that to get into an India practice area or any other regional specifics usually comes about through either of the following.
1. Someone has an experience of working in the country, laws, clients, etc.
2. Someone has an interest in a jurisdiction (irrespective of personal connection) and lobbies to get more work there and builds up a practice. If you share a language or ancestry with that country, your interest may be greater.
3. Sheer accident, a lawyer ends up with clients who happen to come from India or elsewhere and soon develops a regional 'practice', or
4. You get shunted in front of foreign clients because of your own nationality or language skills, desi or otherwise. This can then result in 1, 2 or 3 happening gradually.
If you speak the language of a country (even if like in Indian business you can get by in English) or share some culture or anything in common with a client (be that a love of cricket or having gone to the same college or your kids going to the same school), the firm may consider pushing you out to the client rather than someone else.
If you are in the right place at the right time and continue to be interested and to build that business, after some years you may end up as a head of that regional practice and whether you have practised in India or not becomes moot.
(more unique to India, however, this is ignoring the point that potentially a PIO/NRI may be able to move to India one day to qualify here and practice - something out of bounds for pretty much every non-desi face under current regulations surely...)
Again, the points I make bear no relation necessarily to Mr Malik's circumstances...
threads most popular
thread most upvoted
comment newest
first oldest
first