Amarchand promotes three, hires UK banking partner

Amarchand Cyril  Shroff
Amarchand Cyril Shroff
Amarchand Mangaldas has hired a lateral partner and banking and derivatives specialist from the UK and has promoted three of its partner designates to full partnership.

Bank of America Trustees consultant director Niloufer Lam will join Amarchand’s banking and structured finance group in Mumbai from 15 May.

She had previously also worked at KBC Bank, Morgan Stanley and as a senior counsel at Linklaters between 1996 and 2006. She is dual qualified in India and as an English solicitor.

Effective from 1 April, the firm has also promoted Mumbai partner designate Ganesh Prasad, who had joined the firm in 2006 from Trilegal, relocating from Amarchand Bangalore to Mumbai in May of last year.

Ganesh Prasad specialises in M&A and private equity and is also dual qualified in India and England.

In Delhi, corporate and regulatory partner designate Suhaan Mukerji and corporate partner designate Anuj Prasad were also promoted to the partnership with effect from 1 April.

Mukerji had been with the firm since 2002, before which he was an analyst with the World Bank, and Anuj Prasad joined Amarchand in 2006 from Dua Associates.

Mumbai managing partner Cyril Shroff said that in June the firm would announce further promotions to partner designate status and other senior associate positions, as well as potentially revising base salaries.

Comments

Anonymous guest 9 Apr 2010, 02:48
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Suhaan Mukerji is a 'he' and I don't think he was ever with the World Bank...
Anonymous guest 9 Apr 2010, 04:41
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Unless I'm confusing identities, I think that Suhaan had also briefly joined the Congress party in West Bengal, along with another young Bengali who was/is with JP Morgan
Anonymous guest 9 Apr 2010, 04:57
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Only 2 promotions in AMSS Delhi? Was there not somebody else also who got promoted?
Anonymous guest 9 Apr 2010, 05:16
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Boss everything is fine but when did Ganesh Parasad receive a UK degree / solicitorship ... I am not sure if the person writing this article has paid attention to details. This article is full of incorrect information ...
Anonymous guest 9 Apr 2010, 06:35
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In response to "#4" - Ganesh took the QLTT a few years back.

Kian - good job, keep up the great reporting.
Anonymous guest 9 Apr 2010, 12:37
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Congrats Ganesh
@ 4 #5 is right - Ganesh is dual qualified.
Anonymous guest 9 Apr 2010, 16:15
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Go GP.
Anonymous guest 9 Apr 2010, 18:32
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One is either a Partner or not a Partner!! I just don't get this "Partner Designate" status! Even an Associate can technically be a Partner Designate. The managing partner of a law firm once told all associates at the firm "you run the risk of becoming a partner from the day you join the firm"!!!
Anonymous guest 9 Apr 2010, 19:50
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When exactly can you say that you are an English Solicitor? Passing QLTT does not entitle you to call yourself qualified to practice English laws. You have to have a practicing certificate and attend a few compulsory courses and gain a minimum number of CPD points each year. Has the man in questyion trained with English solicitors?
Anonymous guest 9 Apr 2010, 20:50
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@#9 You are a solicitor once you are admitted on to the rolls of solicitors of E&W by the SRA. If you need to practice you need to apply for a practicing certificate and all the rest re CPD points follow. Just because you dont have a practicing certificate does not mean that you are no more a solicitor.
Anonymous guest 9 Apr 2010, 21:47
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GP broke the mould of being the youngest lateral associate who made it to partnership in AMSS in 4 years. Given his non-law school background in that battlefield at AMSS & CO kudos to him. Congrats GP!!
Anonymous guest 9 Apr 2010, 21:52
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#10. the list of all solicitors is available on the internet: http://www.lawsociety.org.uk/choosingandusing/findasolicitor.law

Did some digging and found this on SRA website. there is more about the requirement of practicing certificate in case you are interested.

20.02 Practising certificates
(1)
If you are practising as a solicitor you must, whether practising in a firm or in-house:

(a)
have in force a practising certificate issued by the Solicitors Regulation Authority; or

(b)
be exempt under section 88 of the Solicitors Act 1974 from holding a practising certificate.

(2)
You will be practising as a solicitor if you are involved in legal practice and:

(a)
your involvement in the firm or the work depends on your being a solicitor;

(b)
you are held out explicitly or implicitly as a practising solicitor;

(c)
you are employed explicitly or implicitly as a solicitor; or

(d)
you are deemed by section 1A of the Solicitors Act 1974 to be acting as a solicitor.

(3)
In (2) above "legal practice" includes not only the practice of law but also the provision of other services such as are provided by solicitors.

(4)
If you are a solicitor who was formerly an REL, and you are practising from an office in the UK as a lawyer of an Establishment Directive profession, you must have in force a practising certificate issued by the Solicitors Regulation Authority, even if you are not practising as a solicitor.
Anonymous guest 10 Apr 2010, 03:38
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Kian,

Given that Suhan only graduated with the NLS batch of 2002, it is astonishing to note that he was ostensibly working with the World Bank in 2001. Hello, facts????
Anonymous guest 10 Apr 2010, 04:22
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"These two people have the right temperament and drive to be part of our vision" Quote from earlier article. Can anyone please highlight what is actual AMSS drive and vision for way to partnership and promotion.
Anonymous guest 10 Apr 2010, 04:24
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Can most partners at the big law firms have their own successful Independent practice. Partnership is only meant for those who are going to stuck with firm or when they part their ways, no damage is done to firm's client except in few cases.
Anonymous guest 10 Apr 2010, 05:40
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It is sad to see that so many of the comments on this website are petty. If not petty, they are X is so great or such a superstar kind of ones. Rarely do I see anything meaningful or a reasoned point of view.

Kian - I really feel for you. Especially when you have to deal with comments where people think they have caught a mistake.
Anonymous guest 10 Apr 2010, 06:10
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@11: GP was already too old (i mean experienced) when he joined amarchand ... so just going by number of years that one has spent in an organisation, you cannot claim one to be the youngest lateral partner ...
Anonymous guest 11 Apr 2010, 17:02
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@ #16 Completely Agree with your point.
Anonymous guest 11 Apr 2010, 22:13
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Revision of salaries sounds good! :-)
Anonymous guest 12 Apr 2010, 00:36
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If I remember correctly, Suhaan spent close to a year with the World Bank between the time he finished his coursework and the time he graduated. It is a funny story that belongs in NLS folklore (and in NLS folklore alone). Anons 1 and 13, quit the backstabbing! He's a nice guy and presumably a good lawyer too.
Anonymous guest 12 Apr 2010, 22:02
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Anuj was a friend at DA! he is a good guy ! He has good wicket keeping skills as well! Kudos Anuj!!! Cheers
Anonymous guest 13 Apr 2010, 01:51
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I am a UK solicitor, actually practising in England.

Doing the QLTT and calling yourself a UK solicitor makes me laugh.

The true test is getting a job within a UK firm. Doing the QLTT is not partic well regarded.
Anonymous guest 13 Apr 2010, 02:01
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re post #2 i also heard suhan is in politics working with a high profile youth leader. think she maybe a MP now also. nice to hear he also got partnership in AMSS
kianganz 13 Apr 2010, 10:53
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Sorry for the delay in responding - I understand another promotion is on the way...

We will update once confirmed.

Best regards,
Kian
Anonymous guest 15 Apr 2010, 02:58
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#11, Anuj Prasad, who is the same batch as GP and is also from a non law school background has made partner within 4 years of joining AMSS. Many congratulations to him too for hitting partnership as the youngest lateral associate! Great going Anuj and GP!
Anonymous guest 16 Apr 2010, 19:34
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Well done GP. All the best. We remember you fondly from your previous firm!!
Anonymous guest 17 May 2010, 18:36
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#23 yes you are right, suhan is into politics in a big way with a politician who is a youth icon in WB. we need more young lawyers taking the plunge in politics while attaining proffessional heights. congratulations to him