AZB & Partners Pune-based capital markets partner Richa Choudhary has resigned from the firm, as first reported by Bar & Bench.
She had been at AZB for her entire career to date, after graduating from Symbiosis Law School in 2008.
She had been promoted to partner in 2019.
We have reached out to Choudhary for comment.
Update 25 February 2021: She practised in both debt and equity capital markets at AZB.
Managing partner Zia Mody commented to B&B: “We wish Richa all the very best.”
AZB now has three capital markets partners: Varoon Chandra and Lionel D’Almeida in Mumbai and Agnik Bhattacharyya in Delhi.
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Also what is the usual breakup in fixed and variable component in these salaries?
I think in the first year (also pandemic year!) 55 lakh revenue with negligible costs is great! Most importantly, as someone has commented below, if you're happy nothing else matters. And that assumes that that revenue is sufficient to cover your expenses without compromising your (and your family's) lifestyle.
In my view, having key tie ups are important - if you can work out revenue sharing arrangements with a litigating lawyer, it will only add to your practice. All the best!
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