According to a number of authoritative sources close to Jerome, he has been pursuing serious plans to set up a new law firm, although Legally India could not confirm further details and the identities of future co-partners, if any.
It is understood that Jerome handed in his notice to resign in March 2011 and will leave AZB after 30 June.
After he graduated from NLSIU Bangalore in 2002 he joined Bangalore firm Poovayya & Co for two years.
In 2004 he began his career at AZB in Mumbai and was elevated to partnership in 2008, according to his profile on business networking site LinkedIn. Jerome specialises in banking finance, general M&A and capital markets work.
One Mumbai partner at rival firm said that Jerome was a very good and practical lawyer and it was a “pleasure to work across the table from him”. More importantly, added the partner, he was a very good human being who would be successful wherever he was.
Jerome has repeatedly declined to comment since late in March when Legally India first contacted him.
Senior AZB Mumbai partners declined to comment when contacted.
Comments
Will be interesting though to finally see the move happen that has been rumoured on numerous previous occassions :)
Noooooooooo !!!
:( :( :(
Is this really news? From a plain reading, it seems that this particular "news" item has been "placed" on the website. You don't seem to have anything substantial to report or quote except that Vishnu is FINALLY(??) getting out of the clutches of [...]!! I have never read such a piece on LI before and I wonder if, after this, the standards of reporting that LI is respected for will remain intact. Instead of reporting on such speculations, may be you should cover deals that have happened recently, like Bharti's timid exit and Reliance's grand entry into the insurance sector and the regulatory aspects of it (including the timing of IRDA's recent merger regulations for general insurance companies).
Look forward to better news items.
Cheers,
Armchair critic
Also it is Vishnu who is said to be leaving and not someone like Sai Krishna!!
Why so much of meaningless noise?!
Kian, please be flattered. You great journalistic wunderbuoy, did you approach Vishnu before carrying out this story? Perhaps not, otherwise, the story would have somewhere carried "Mr. Jerome declined to comment". Kian, you may start crying now, about how you still haven't been able to break even, and how your detractors are feeding a troll, but aren't you exposing very very personal decisions of a hard-working career lawyer who has alternative plans? Did you ever pause to think that Mr. Jerome is taking some personal decisions. And is every bit entitled to take such decisions.
Only makes Chandgi Ram wonder - how does Kian get to know who's serving notice where????
Long live thy "Titillation India"
Kian please keep reporting the news like this - if someone like Vishnu has quit and is starting a firm it's great news.
I hope you are not a negotiating lawyer Sir..
For the record, we did contacted Mr Jerome and partners within AZB but all declined to comment, as set out in the story.
@ 13 - A partner move is legal news. You're reading a legal news site. Wake up and smell the pakoras.
As far as speculation is concerned, the only "speculative" portion in the report is about whom Vishnu might be partnering with. What is wrong with a journalist saying "I know this much, but I don't know the whole story"?
@ 14 - What difference does it make as to who is leaving or "said to be leaving"? Why is Vishnu not newsworthy and this Sai Krishna (whoever he is) is?
@ 15 - Why the bitterness and the personal attack against Kian? Have you tried your hand at journalism and failed? There is nothing in the report that suggests Vishnu should not take whatever decisions he feels like; it only says that what those decisions are is not yet known. As far as Kian's sources are concerned, I would say he must be a good journalist.
Full disclosure: Before anyone gets their chaddis in a bind, I am not Kian Ganz, and I do not know Kian Ganz, and he does not know me. I am a NLS alum who is concerned about the immaturity in which large parts of the Indian legal profession seems to be immersed.
Query: Does this 'success by chance' give us a right to talk down (or in this case downright insult) others who have moved on to a new (and corrupt and underdeveloped) country set up a novel venture and become very good at that in such a short period of time?
In so many ways there is no legal market right now that is more interesting than India, although there are definitely many that are more uncomplicated.
I agree that this is a story that we would also have covered about other major firms or about other partners, particularly if they were looking to start up a firm, there was such a long notice period and a lot of long-running market speculation about their plans.
When we are not able to get a comment from parties or on-the-record confirmation we make sure we adhere to a very high standard of anonymous sourcing.
In this case the sources were very authoritative and trustworthy.
But because we could not get the same level of sourcing on Mr Jerome's precise plans or whom he would start (which is also in flux as far as I understand it), we admitted as much in the story.
If you think we ever fall out of line, please let us know.
Best regards
Kian