AZB partner Kalpana Merchant joins 10-strong, lowly-geared Vishnu-Poovayya P&C Legal

Merchant
Merchant

AZB & Partners former Mumbai partner Kalpana Merchant, who resigned from the firm in early September, has joined P&C Legal, the Mumbai arm of Bangalore headquartered firm Poovayya & Co that was started headed by AZB alum Vishnu Jerome.

Jerome commented: “It’s great to welcome Kalpana on board as a senior partner of P&C legal. She brings with her a wealth of experience in the banking and finance and real estate practice. This compliments our core areas both in Mumbai and Bangalore.”

Merchant said: “I have known the P&C Team for many years. I look forward to growing the practice and leveraging our common synergies.”

P&C Legal, which began life as a start-up by senior lawyers from three big firms, Alliance Legal, before joining Poovayya & Co in 2013, is now 10 lawyers strong in Mumbai, said Jerome.

The Mumbai office has five partners, making an unusually low gearing ratio of 1:1, after having recently promoted two former other former AZB lawyers to partnership who returned to P&C Legal after obtaining LLM degrees abroad:

  • 2008 NUJS Kolkata graduate Murtaza Somjee, who has an MA from the University of Chicago;
  • 2009 NUJS graduate Sameer Sibal, who holds an LLM from Columbia.

A year ago NUJS graduate Shameek Ray was promoted to partner. He practices private equity / venture capital work, debt capital markets and finance and had been at AZB between 2006 and 2011 before joining Jerome in starting Alliance.

Comments

S 14 Oct 2015, 07:10
+9 -3
Kian, what do you mean when you describe P&C Legal as the Mumbai-arm of Poovayya? What is the relationship between the two firms? Unlike companies, where there can be a parent-subsidiary relationship; the same can't be true for partnerships. Therefore, if Sajjan Poovaayya is not a partner at P&C Legal, or if there are no common partners between the two partnerships, how can P&C Legal be described as part of Poovayya?
Smart 14 Oct 2015, 15:38
+0 -0
Sajan Poovayya, a designated senior advocate, is not partner at Poovayya & Co. Bangalore either
Ex-AZB 14 Oct 2015, 08:06
+7 -1
Congrats Kalpana and Vishnu!!
Congratulations 14 Oct 2015, 08:16
+4 -1
Congratulations Kalpana!!! Way to go.
watcher 14 Oct 2015, 08:48
+3 -2
Good move Kalpana
C 14 Oct 2015, 09:01
+3 -1
Congratulations guys!
AZB 14 Oct 2015, 10:17
+23 -0
Quite a year it has been for AZB:
Abhijeet Joshi, Shuva Mandal, Essaji Vahanvati, Kalpana Merchant all have left.....
That would be the equivalent of Ashwath, Vishwanathan and Yash leaving CAM....
Or Akshay, Som and Amit leaving JSA...
What has happened with Zia? Why the exodus? Worth a story, no Kian?
Guest 14 Oct 2015, 11:54
+9 -10
Still AZB tops the market in deal values and volumes! Has more deals than Khaitan and erstwhile amarchand combined put together... They must be doing something right for all those high paying clients flocking to them.

Waiting for LI to print merger market rankings, which bar and bench has already published..
kianganz 14 Oct 2015, 12:02
+1 -0
We're just awaiting the final mergermarket figures, the ones currently circulating are a pre-final draft I believe...
Next Quarter 14 Oct 2015, 14:54
+3 -0
Always a lag.
Guest 14 Oct 2015, 13:37
+3 -35
You clearly don't know AZB well enough. Sure the losses are significant. Be that as it may, it still has market leading partners like Shameek Chaudhary, Darshika Kothari and Alka Nalavadi. These partners are thought leaders. Don't worry so much about the firm. It's fine.
Thought Leader 14 Oct 2015, 14:06
+21 -1
While I agree with you that AZB has nothing to worry about, the "thought leaders" led me to think about my thoughts about leaders worth thinking about.
Lol 14 Oct 2015, 15:08
+18 -0
That's a good one.. Unless you mean "check with [...] for company law issues" and "check with [...] for other issues" as the only legal comment on a document is a sign of a thought leader.
Thoughtless Leaders 15 Oct 2015, 01:48
+22 -0
Yeah! Just like Rakhi Sawant and Uday Chopra are market leaders and thought leaders in the film industry, right...?
Client 15 Oct 2015, 12:57
+0 -0
how come censored my comment?
M 14 Oct 2015, 14:42
+16 -16
Congrats Murtaza and Sameer
Alias 14 Oct 2015, 20:07
+9 -10
What kind of people are there in this universe, who dislike when someone is being congratulated. Both of these guys are nice people and smart lawyers!
Alas 15 Oct 2015, 10:10
+9 -2
That's the funniest thing I have heard in a while!
Johnny Rotten 15 Oct 2015, 06:22
+14 -4
Congratulations Sibal. Can always trust your advice and your instincts. I have no doubts that this firm will scale new peaks because of the sheer talent and composure it displays. All the very best.
Las Vegas 15 Oct 2015, 13:39
+13 -5
Congratulations Sameer. Extremely well-deserved. Your nimble and forceful advocacy and negotiation skills have enabled you to scale the peaks of the legal profession and gaze placidly at the scenery below as you down a well-earned beer or two. Then you shoot the air with your statutory rifle, get on your mule and lead the way to a higher lawyerly summit. When you reach there, you accept your crown as the King of Law and sit on your throne and rule the world, making laws by royal decree.
WTF 15 Oct 2015, 14:37
+5 -1
Bhai kya le rahe ho aajkal? Kuch naya mil raha hai Vegas mein??
DesiCity 15 Oct 2015, 22:54
+2 -2
Are you getting your stuff from across the border?