HSA Advocates has promoted partners Harvinder Singh in Delhi and Nand Kishore in Mumbai to equity partner level.
Delhi’s associate partners Pragya Ohri and Mumbai’s Shahen Pradhan have been promoted to partner level, at which point they join the “partnership collegium”, according to the press release.
Principal associates Devika Chadha in Delhi and Kunal Rajpal in Mumbai have been promoted to associate partner level.
One senior associate has also been promoted to principal associate, while two associates were promoted to senior associate level.
Last year, HSA had grown to 34 partners after promoting four to equity, six to partner, and seven to associate partner.
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These numbers are interesting, lets assume that all partners (equity and non-equity) are included in the 80 fee earner count, that means each equity partner potentially has two non-equity partners reporting to him. In turn each non-equity partner has either 2 or 3 fee earners reporting to him or her. That is incredible. The firm must be a pretty lean set-up with great efficiency. How profitable are they? Any idea what the equity partners take home as profit distribution? These guys must be killing it!
The firm clearly puts great emphasis on being top heavy, which I am guessing is to ensure quality. However, with such a top heavy set-up why are they still placed so far below in the league tables. This doesn't make sense.
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