Ex-Linklaters lawyer gets Trilegal partnership

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**Trilegal has promoted counsel Saurabh Bhasin as non-equity partner in the energy and infrastructure group in Delhi from 1 August.

Bhasin started his law career at Amarchand Mangaldas in 2003 after completing his law degree and masters in law from Cardiff University and Cornell Law School respectively.

He then joined Linklater’s London office in 2006 until December 2010 before joining as counsel Trilegal, the best friend firm of Linklaters magic circle rival Allen & Overy.

Bhasin worked on power, oil and gas, roads and social infrastructure projects at Linklaters as a managing associate in the energy and infrastructure team.

He told Legally India that he was very happy to be part of Trilegal’s strong partnership and project finance practice, which was now around 25 lawyers in size and also worked closely with the firm’s banking practice.

“He is currently working on both financings and refinancings involving innovative structures and has represented domestic as well as international banks and financial institutions. He also advises other project stakeholders including developers, contractors, public authorities and borrowers,” according to a press release from Trilegal.

It added that his clients included Standard Chartered Bank, HSBC, Vinci, AES, the World Bank and Airbus India.

Comments

associate 5 Aug 2011, 15:24
+0 -0
Congrats Saurabh! I guess you deserve it. You are better than other Counsels at Trilegal.
z 5 Aug 2011, 15:48
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Wonder how he is practicing law in India without an Indian law degree.
ex-associate 5 Aug 2011, 16:14
+4 -0
Saurabh genuinely deserved being being made a non-equity partner. I wish I could say the same for the rest of the non-equity partners at New Delhi.
bare cupboard 5 Aug 2011, 19:41
+1 -0
clear illustration of the lack of legal talent in India
double standards 6 Aug 2011, 05:34
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I thought Indian law firms considered foreign law firms to be evil mercenaries? In that case why are all Indian firms hiring their employees?
A 6 Aug 2011, 07:36
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Z - BCI recognises law degree from UK colleges if he/she is an Indian.
Err... 7 Aug 2011, 05:46
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[quote name="A"]Z - BCI recognises law degree from UK colleges if he/she is an Indian.[/quote]

Last I checked, there was a BCI moratorium on the recognition of foreign law degrees. Did this chap slip through the cracks while the moratorium was not in force?
A 8 Aug 2011, 06:35
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http://www.barcouncilofindia.org/about/legal-education/list-of-foreign-universities-whose-degrees-in-law-are-recognised-by-the-bar-council-of-india/
A 6 Aug 2011, 07:37
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@ double standards - Trilegal is in favour of foreign law firms.
anonym 6 Aug 2011, 16:53
+1 -0
Congrats Saurabh.. well deserved...
I 7 Aug 2011, 14:10
+0 -0
congrats.. great
Observer 8 Aug 2011, 04:04
+6 -0
Knowing Saurabh, this is hardly surprising. He is a great lawyer and the promotion was well deserved in deed.
Trilegal is one of the few firms which I have had great hopes for – I have always imagined that Trilegal would be “the” firm to change the market to introduce a truly meritocratic firm. To their credit, Trilegal did achieve this and till recently had indeed shown the market that they were market leaders on this front.

There is however one criticism – oligarchy. The equity partnership doors at Trilegal seem to be tightly shut. It seems that it is more difficult to make equity partnership at Trilegal than A&O London, which is quiet surprising because India seems to be a burgeoning market as compared with London, which at best can be described as a static market. Naturally this begs the question of how different are the bunch at Trilegal from the more traditional competitors in India.

The more progressive competitors of Trilegal, such as Kaithan, have stepped up the game – Kaithan’s deals which get reported on Legallyindia is perhaps the greatest testament to their success. There is even a hint that larger firms such as Amarchand are genuinely examining equity lockstep. In this market, will Trilegal get left behind in the race to attract highest calibre, or will they be able to adapt themselves to the ever changing market? I guess only time will answer.
MagCir Assoc 8 Aug 2011, 06:02
+2 -0
Agree with most of the comment. While it is commendable and indeed true that the firm has no family hierarchy, Bombay and Delhi offices have completely different working styles and the quality of work available to lawyers varies greatly between the offices. The "meritocratic firm" bit is mostly true, but have heard many stories to the contrary! Seems the place has ended up becoming exactly like any traditional family firm. Nonetheless, all the best to Saurabh.
NM 8 Aug 2011, 17:56
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There's some ignorance here. From what I know, there are at least 4-5 equity partners beyond the founders. Many of the partners were made in the past 2-3 years - it will surely take a few years to get equity.