Four J Sagar Associates (JSA) salaried partners - Ashoo Gupta, Mithun Thanks, Ashni Roy and Gaurav Singhi – and around 13 to 14 other fee-earners will be joining senior JSA partner Akshay Chudasama in his move to manage Shardul Amarchand Mangaldas’ Mumbai office.
The four retained partners will be joining Shardul Amarchand as salaried partners.
Salaried partner Jamshed Bhumgara, who was also part of Chudasama’s team and promoted to partnership in April 2013, has been retained by JSA with senior associate Manav Raheja, who has also worked with other partners than just Chudasama.
JSA managing partner Berjis Desai confirmed the departures and commented: “Entries and exits are as inevitable as death and taxes.”
Desai added that Chudasama’s and the others’ three-months notice period has been waived and they’ll be free move on after 31 May (Sunday).
He joked: “Surgery cannot be postponed for three months, particularly when the appendix wants to run away.”
Chudasama declined to comment when contacted.
Thanks, who specialises in corporate, M&A, private equity and regulatory, was promoted to salaried partnership in April 2013.
Roy – a corporate commercial, M&A, private equity, regulatory and policy lawyer – was promoted in April 2014.
Gupta specialises in general corporate commercial.
Singhi, a corporate and M&A lawyer, had joined from Wadia Ghandy in August 2014, where he had been promoted to partner several months before.
Comments
All the best, Neety!
Terrific sense of humour !!
these 4 salaried are quite lucky. I guess their take home would be around the 1cr + mark now at SAM !
People enjoy new relationship for few months and then they realize old was gold.
Btw which category do these fall under - quality or quantity ?
My law firm exit was really painful. I just did not want to leave. They literally puuuusheed me out. First, the Managing Partner sent word through the office boy asking me to leave. I said "Ghanta." Then two associates coaxed me - but I did not relent. Then a senior partner spewed invectives and threatened me of dire consequences if I don't leave. I told him that what he was saying was a physical impossibility. Then one of them caught me by my collar and pulled me, but I resisted clinging on to my desk. Seeing this, two others caught each hand of mine and started dragging me to the door. I wrapped my legs around the office pillar. Finally, the Managing Partner himself (along with a few other clients, I think) emerged from his cabin, undid my legs from the pillar and they all carried me through the door, dropped me near the elevator and, before I could react, they ran inside the firm and locked me outside.
I finally let them go because I think they could not afford me.
The Shield says be careful of the rats
The Shield is waiting and watching..