Cyril Amarchand Mangaldas has promoted 11 of its partners to equity partner.
The majority - seven - are based in Mumbai, with two of the new equity partners based in Delhi and two in Bangalore.f
The new equity partners (picture above, left to right, top to bottom) are:
- Amita Choudary Gupta Katragadda (Nalsar Hyderabad 2005, corporate, Delhi),
- Gaurav Gupte (NLSIU Bangalore 2005; insolvency, capital markets),
- Namrata Kolar (NLSIU Bangalore; real estate, M&A),
- Dhananjay Kumar (NLSIU Bangalore 2006 (or prior); insolvency, projects),
- Gyanendra Kumar (NLSIU Bangalore 1994; real estate, M&A),
- Ravi Kumar (NLSIU Bangalore 2002; corporate),
- Ankoosh Mehta (GLC Mumbai; litigation),
- Vandana Sekhri (GLC Mumbai; corporate),
- Pranav Sharma (NLSIU Bangalore 2001; banking),
- Rishabh Shroff (London School of Economics 2007; private client), and
- Avinash Umapathy (NLSIU Bangalore 2000 (or prior); banking).
The firm now has 32 equity partners.
The equity promotion process has been ongoing for several months and had been expected to conclude last month.
It is understood that Shardul Amarchand Mangaldas is also in the midst of its equity partnership promotion process.
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www.legallyindia.com/law-firms/juris-corp-leaver-vandana-sekhri-joins-amarchand-3-associate-hires-20120227-2602
1. [...] and [...] made partners! Thats not gonna please the remaining senior bunch of financing partners in CAM ([...], [...], [...])
2. [...] becoming equity is a bit of a surprise, given the reputation [...]. CAM Values in [...], anyone?
3. Rishabh Shroff becoming equity is tokenism. The idea is to push his name as a senior so that when CSS passes the baton, Vichu, Yash and Reeba would (hopefully) not question it so much
4. Amita Choudary wasnt ever less than equity - atleast in the eyes of the managing partner. most natural choice
5. [...] is a surprise entrant. This isnt going to go down well with the other senior salaried partners.
Congratulations to all.
Barring very few, well deserved to all!
Wonder it must be like to be an equity partner at top firms like CAM and Luthra.
No wonder....
Also must be said that some of the people being elevated don't have a great reputation in the market. Would be hard pressed to find anyone who wants to be a client to [...].
For someone who knows where the moolah is, that refusal to buy-in must be telling
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