2 Cyril Amarchand Delhi partners, Kirat Singh Nagra, Rishi Anand, resign at same time, with 3 months’ notice

Nagra and Anand to leave CAM
Nagra and Anand to leave CAM

Cyril Amarchand Mangaldas (CAM) Delhi partners Kirat Singh Nagra and Rishi Anand have resigned from the firm last week, according to authoritative sources.

Both Nagra and Anand had stints with the erstwhile Amarchand Mangaldas and had moved on to other firms before making their way to CAM in 2015.

Nagra had left Amarchand after 11 years in 2013 to join Economic Laws Practice (ELP) Delhi as partner.

A Symbiosis Pune 2007 alumnus Anand had left Amarchand Delhi in 2012 to start up Gnarus Partners.

Nagra and Anand declined to comment.

CAM managing partner Cyril Shroff commented: “They will be serving their three month notice and moving on. We wish them well in their future.”

Comments

NoMan 12 Nov 2018, 19:19
+7 -0
What happens to their respective teams?
Cam junior 13 Nov 2018, 05:36
+26 -1
Everyone is going with them.
Chaiwala 14 Nov 2018, 07:27
+9 -1
...everyone means? family members also?
Hohoho 15 Nov 2018, 19:56
+2 -1
If yes, then Yipee!!
Mirzapur 18 Nov 2018, 15:13
+7 -0
Heard almost 15-20 are leaving.
Knowing 17 Nov 2018, 19:30
+6 -0
All team guys given promotions. Their partners negotiated well. That's how partners should act... In the best interests of their team members.
ATP 18 Nov 2018, 15:18
+9 -3
The best team by far at CAM Delhi to work for, speaking from my personal experience. The seniors are fantastic lawyers, supportive and always ready to help. We will miss you on the floor. :(
In house 13 Nov 2018, 02:38
+44 -1
Two more down. Seems the entire office will be empty soon. Something majorly wrong at CAM, no stability at all and reputation of the firm is going down on a day to day basis. Cyril really needs to hold the firm together and start doing some good work.
Realist 13 Nov 2018, 07:13
+29 -0
Stop running after money. Start treating your talent right. Save your ship before it sinks and this time there wont be big guy to steady the bow. [img]https://media0.giphy.com/media/l2Je3n9VXC8z3baTe/200.gif[/img]
Junior 13 Nov 2018, 02:55
+26 -1
What a loss for CAM!
Sukhamal 13 Nov 2018, 11:38
+36 -0
They don't care. A false sense of invincibility is the first step towards failure.
Oops 13 Nov 2018, 04:25
+35 -1
And the exodus continues!!!
Underwood 13 Nov 2018, 04:49
+5 -57
There will be naysayers..all who left dying to come back... so something right about cam
Oops 13 Nov 2018, 05:44
+41 -0
And who might that be? Not one person who left CAM ever wants to ever will go back.
Dancer 13 Nov 2018, 06:30
+30 -0
I’m sure for the dance practice :p
Kaun 13 Nov 2018, 06:57
+29 -0
Excuse me, what? Who wants to go back to CAM?
Knock knock 13 Nov 2018, 05:13
+73 -1
The firm has been acting oddly with its salaried partners for a while now so these exits are hardly surprising. If equity partners jazz off to Disneyland and then randomly reduce interim bonus payable to SPs, it isn't going to go down very well. With hardly any good juniors, many SPs have to work as senior associates to get the deals done. The crazy targets without BD and other support amp up the stress levels. Firing the underperformers instead of squeezing the whole bunch will be a far better solution.
Well wisher 13 Nov 2018, 08:56
+4 -4
Unfortunately, this is the case with many firms now !!
Axel Foley 13 Nov 2018, 14:43
+5 -0
Why did they leave? Weren't they doing well there? Anyone got deets??
CV walla 17 Nov 2018, 23:57
+6 -6
The poor quality of juniors at CAM is because of their proclivity to hire law students who are ranked 1, 2 or 3 in their class, no matter how empty their CVs might be; instead of students who have formidable CVs by participating in research writing and moots.

Just my thoughts.
Bombay lawyer 18 Nov 2018, 15:30
+3 -0
The problem is that no good junior wants to join CAM and even if they do, they leave within 6-8 months or as soon as they understand what they have singed for.
Return of Partners 18 Nov 2018, 15:28
+4 -0
They didn’t pay full Diwali bonuses to the partners and these two resigned and as soon as they resigned all other partners received a call from the HR to inform that it was a mistake and that they will get the additional bonus which the firm held back.
ThugsofCAM 13 Nov 2018, 06:18
+40 -0
All organizations are led from the top. When the really good leader steps aside and hands over the reins of running of the organization to someone without the aforesaid capability, merely because of personal relationship, the organization declines. This is true in all businesses and in all lines of work. Including CAM.
Lack of capability hamare swabhaav mein hain
Santa 13 Nov 2018, 06:30
+24 -1
Jingle all the way to Noida !!
Chaiwala 13 Nov 2018, 10:14
+15 -1
I actually saw many typical UP type Vikram 3 wheelers roaming in and around Saket area since last 2-3 days! They all bear NOIDA registration plates!
Beware 13 Nov 2018, 10:56
+7 -0
They were always there. :)
Spartan 13 Nov 2018, 13:19
+64 -31
Heard these two to be major revenue contributor for the Delhi office with a huge base of stable client base. Huge loss for CAM, more than they can ever realise. Any news where they are heading too? Noida isn't too far away though.
Chaiwala 17 Nov 2018, 06:17
+1 -0
what is their book size?
SA 18 Nov 2018, 14:56
+9 -0
Not sure about the figures but definitely know that these were the most profitable at CAM. The others who are doing well is Ajay Shawney and Kapil Arora, who may also leave soon. Rest are mostly dead weight at CAM Delhi. After Nirav Modi and Chanda Kochar episode clients have lost trust in this firm and leaving the firm left right and center. Not only the clients but it’s own employees have lost trust in the firm and leaving at all levels, forte partners.
Cared 13 Nov 2018, 14:00
+21 -1
what is happening at CAM? Seems like the firm cares the least for its resources.
Godfather 13 Nov 2018, 18:46
+23 -0
They are best at giving jobs but worst at giving a career. That's what is happening.
Devil wear prada!!! 14 Nov 2018, 13:13
+8 -1
I think soon they will need artificial resources as well just like artificial intelligence it is being run by... this shows that only the name of top management is not enough. One needs its junior partners, PAs and SAs to run the practice as well...
Delhi junior 18 Nov 2018, 14:58
+3 -1
It never did and so I left. Neither the partners nor the firm cares about its associates. All that it cares about is money and billing.
Ping 13 Nov 2018, 15:00
+43 -1
I think both the firms should now formally execute an exchange program...
Anand Square 15 Nov 2018, 13:17
+7 -0
Far from Noida, there may be a Mumbai firm setting shop in Delhi courtesy one of these two (or both). Guess the Managing Partner of the Mumbai firm will share more than just the name (atleast with one of these two).
Axegrip 16 Nov 2018, 13:25
+5 -0
A three letter firm from Mumbai. There's an S in the name.. somewhere.
WBC 15 Nov 2018, 16:12
+17 -1
This shows extremely poor management culture at Indian law firms. If top law firms have partner careers of 2-3 years, what is the future of such firms? For this reason alone foreign law firms must be allowed into India via a legal route to share practices and procedures. This whimsical world of Indian law firm's personality centric top management is nearing its expiry date.
Foreign Lawyer 18 Nov 2018, 15:36
+7 -0
It’s few family run firms, which have been lobbying for the longest time to ensure that the foreign firms are not allowed in India. Works in their best interest. The families, including the Shroffs, the Luthras, the Desais and the Khaitans keep the entire doe with them and ensure that the foreign firms are kept out of the country, which would have been in the best interest of the lawyers and the country.
Baba? 16 Nov 2018, 03:11
+16 -1
If things are this way with the brilliant and respected CS at helm then imagine things when Baba takes over the reigns. Same with AZB.
theek hai 17 Nov 2018, 07:26
+3 -0
It's not like AZB's work culture can get any worse
Baba who 17 Nov 2018, 03:26
+1 -0
Black sheep or Ramdev?
From the other side 18 Nov 2018, 06:45
+9 -31
A usual CAM story involving some "heavy hitters" moving would in normal course attract 100's of comments... negative and positive. Mostly negative. Surprising that the number of comments are quite low this time around. Either there is some serious "media management" going on, or the two are simply not that great of a deal.

Anyways good luck to the Shroffs, Anand(s), Mr. Nagra and the minions who moved with their bosses (heard that some good promotions were applied to sweeten the deal for these kids- if that is true then good on part of their Partners to have looked out for their team members).

The CAM Delhi office has been riddled with its niggling problems since day one... like every new enterprise. But people need to realize that there are some good people there who are doing good work. No doubt that a whip is cracked sometimes but that is necessary to keep the focus and objectivity clear (i know of one such firm where the MP cracks the whip on a daily basis). The cantankerous and egoistic partners will never like this and neither will the ones who are just used to a free ride. The ones that are actually focused on doing good work for their clients will always keep that focus clear no matter what and THOSE are the people who need to be nurtured by the management- if they want the firm to prosper.

To the ones that left- God Speed. To the ones that stay - Good luck and may you prosper.
From the wiser side 18 Nov 2018, 15:36
+25 -0
Wish if the matrix of measuring quality of a good lawyer was 'hard-hitter'on one end and 'not that great of a deal' on the other. Even the number of comments that a particular post receives (be in positive or more particularly, negative) indicates anything but people sitting idle at their workplaces and questioning the decisions, in whose process making they weren't involved in the first place, and it's quite obviously 'none of anyone's business' either. I don't think LI can sustain it's credibility or perhaps readability, if they decide to manage the number of comments on LI and be 'managed.

Wise advise, let's not procastinate and chant 'harm om' to seek inner peace and nirvana rather than being a part of comments race by ourselves (which we ourselves don't like it in the first place). Just a food for thought - isn't this how the exits should actually be, anything other than noisy, nasty and giving a feel of negativity???

To the ones who like, welcome to the world of being wiser, to the ones who object - no wotties, heaven's got a plan for you as well!
Smoker 18 Nov 2018, 15:48
+4 -0
What are you smoking bro, seems to be good stuff.
Bhagwaan ki Raftaar 19 Nov 2018, 09:46
+17 -0
Bhai, tumhari likhawat mein ek art hai. Kya likhte ho. 'niggling', 'cantankerous'. Maaza aa gaya, dost.

Kitaab likh rahe ho na? Jhoot mat bolna, please. 'The Art of Managing Law Firms and Other Enterprises.'

Bhagwaan ki Raftaar tumhe bhi.

Now,

1. "there are some good people there who are doing good work".

a) Were these and all who left bad or not so 'good' people?

b) Do you have to be a good person to do good work or people who do good work are deemed to be good people?

For judging them or anyone - you become a good or a bad person?

2) "No doubt that a whip is cracked sometimes but that is necessary to keep the focus and objectivity clear"

Read what you have said. NO. NO. READ. Close your eyes now. Okay open it and READ AGAIN. Do you realise it now?

3) "i know of one such firm where the MP cracks the whip on a daily basis"

I would not be surprised if that MP is you.

4) "The cantankerous and egoistic partners will never like this and neither will the ones who are just used to a free ride"

What do you mean by free ride? Isn't the MP in point 3 herein is himself cantankerous and egoistic?

Padh to liya karo likhne ke pehale.
Your wellwisher 19 Nov 2018, 10:50
+0 -0
ROFL!!!!
Boss Baby 19 Nov 2018, 13:39
+7 -0
[img]http://cdn02.bumppy.com/upload/photos/2018/08/indDQnnxDWffl4ryUWEF_06_f3d68ab37ec01ce30c18693d7233afdb_image.gif[/img]
kunalk 18 Nov 2018, 08:39
+8 -0
What does CAM have to offer to the industry? It is a rent seeking organization running on past glory. Sure they have reputation capital, but is that growing or shrinking? AMSS grew big because it was pathbreaking, new, bold, aggressive. The new CAM is the opposite. Very large sitting duck waiting to be distupted. Hoping that it will be later than sooner.
Lolwa 18 Nov 2018, 15:48
+2 -15
Lol! I don't want to list out - but just right now have you checked which firm is doing ILFS, Samadhan scheme, Flipkart acquisition? Cam is rent seeking? Lol! The sheer heft of key big ticket matters in CAM at any time is stagerring . Maybe if you don't want to do big ticket work, then this is not the right place.
Your wellwisher 18 Nov 2018, 16:48
+36 -1
Dear "from the other side",

Instead of wasting time on such "petty" analysis of these two and their brilliant teams, do consider using this time more wisely, focus on your practice, so that one day you also become a "heavy hitter" in the industry, and if and when you get a better role than your current one and are able to negotiate a "sweeter deal" for your team (should they be willing to consider you worthy enough to stick around), and such an article gets published, at least we all now know that the "negative comments" would be least of Kian's worries as it would only be an ego massage for you - as per your analysis, "heavy hitters" are the ones that attract 100s of negative comments. IMHO, attracting 100s of negative comments only proves that one is an extremely controversial figure.

It is because of people like you that most in the legal circle are fed-up with the negativity in office corridors. Even the younger lawyers are uninspired by the law firm culture as thanks to over exposure to people like you, some grow up to become insensitive, jealous and supremely sadist beings. Their juniors end up like them. The cycle continues. Since people like you only feed off on negativity, instead of applauding the fact that this article hadn't attracted much negativity, you find it fishy! Perhaps, your world is only different - it's like we are on the same bike, the same red light, but to most of us it looks like a red light, to you it looks like 'shiny disco balls'!!

Dear friend, the pie is infinite, you don't need to step on toes to rise up the ladder. Give your colleagues respect and treat junior lawyers well - calling them "minions" is disrespectful and if you don't learn soon, be sure there won't be any team standing by your side. Focus on work so you won't need to give such indirect hints ("THOSE are the people who need to be nurtured by the management") to your management. I have worked with both partners and some team members - they are a very dedicated, intelligent and hardworking team. Continue doing a great job. Best of luck!
Someone 19 Nov 2018, 10:26
+3 -0
@From the other side: Only one "Object". Now who could that be?!?! :D
[img]https://media2.giphy.com/media/y3QOvy7xxMwKI/200.gif[/img]
Pandu 19 Nov 2018, 10:28
+6 -4
I heard an account that in a recent departure of another partner the big boss threatened him with “I will destroy and punish you” messages. Wonder what treatment was metted out to these partners, who were performing well, so says the market buzz.
Are smooth exits of unhappy partners so difficult at Cyril’s sweat shop?
Akila Fan 4 Dec 2018, 14:29
+0 -0
How is Akila doing at CAM?
Khaitan 5 Dec 2018, 03:13
+0 -0
Yes. How is she doing ?
Kaos 27 Dec 2018, 08:46
+0 -0
If Amita, Ajay and BD also leave, then the Delhi Office is officially downhill.