JSA projects partner joins Khaitan & Co

Projects
Projects

Khaitan & Co Mumbai has hired J Sagar Associates (JSA) retained partner and infrastructure projects specialist Amitabh Sharma into its partnership, which is the third lateral partner hire the firm completed yesterday (1 April).

Khaitan & Co partner Rabindra Jhunjhunwala said: “We have a large infrastructure team both in Delhi and Bombay. In Delhi it is headed up by Prabjot Singh Bullar. Amitabh is starting in Bombay and he’s a specialist – he just does infrastructure and nothing else.”

The Mumbai projects practice already includes partners Upendra Joshi and Sudip Mullick.

Sharma explained that his main focus was in infrastructure projects, particularly in the power generation space, although he has also been active in many other infrastructure fields such as ports, highways, transportation, water and waste management, as well as corporate takeovers and investments in the space.

He noted that in the infrastructure space there was not enough specialised legal expertise in India to deal with the potential pipeline of deals.

“If these sectors do not go full throttle, the India growth story that we’ve been talking about will just go down.”

Sharma had been at JSA since he joined as a senior associate in Delhi in 2005, prior to which he was an independent practitioner. He had been practising in JSA Mumbai for 18 months, where he was a retained partner.

Sharma explained that he joined Khaitan & Co because he wanted “better prospects, better positioning, and the ability to flex your arms and spread your wings.”

But he added: “I have nothing bad to say about JSA - what I am today is because of JSA, let’s face it. The fact is that I have had excellent relationships with the guys there.”

JSA told Legally India in a statement that it wished Sharma well.

Yesterday, Khaitan & Co also hired a partner to start up its banking and finance practice in Mumbai and a boutique law firm partner to create a technology and media and telecommunications (TMT) team.

Comments

Anonymous guest 2 Apr 2010, 22:00
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Booyakasha from the Rasta at KCO.
Anonymous guest 2 Apr 2010, 22:11
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is jsa easing partners out??off late this website has reported that manas chaudhry left for khaitan. then nishit dhruv re-started his own practice after quitting jsa. and now a third partner leaves, also to khaitan.
Anonymous guest 2 Apr 2010, 22:44
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This man is all set to take infrastructure practice in the legal sector to another level....
Anonymous guest 2 Apr 2010, 22:50
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Great news.....I think Khaitan is acting quite bullish in its approach. First, the office being shifted to one of the best buildings in town and then getting the best people in the industry to work for them.....
Anonymous guest 3 Apr 2010, 18:28
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bcoz of increasing politics in JSA and especially in JSA Delhi (with consequent effect on JSA Mumbai), it remains a matter of interest, to c that what will happen to JSA after jyoti's and berjis' departure from d firm....
Anonymous guest 4 Apr 2010, 06:36
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I think now nothing can stop Khaitan from becoming no. 1 firm in india.....atleast in infrastructure practice.
Anonymous guest 5 Apr 2010, 01:36
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It's always pleasant to see members of the fraternity moving. However, I wonder what prompts such sweeping statements as those of "#6". After all, the poster totally discounts the infrastructure gurus like Akshay Jaitly (of Trilegal) and Jatin Aneja (of AMSS).
Anonymous guest 5 Apr 2010, 17:23
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Agree with 7. While there are only a few firms that do this kind of work to any decent level, there are some goodpractitioners that one comes across from time to time - at Luthra and ELP, in addition to Trilegal and Amarchand. Amitabah Sharma is not one of those and while he might be good at what he does, he has a way to go to catch up with the currently top rated people.
Anonymous guest 5 Apr 2010, 20:19
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Agree with 7 and 8. The outstanding name in this practice area without doubt is Mohit Saraf at Luthra. However, there are a couple of other notable practitioners in JSA, Trilegal, Hemant Sahai and Singhania Partners. Obviously, law firms are not yet fully equipped to deal with the surge of work that is projected to arise in the infrastructure and PPP space. This is a good time for progressive law firms to build their projects practice as second only to capital markets/M&A practice.
Anonymous guest 5 Apr 2010, 23:15
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I find it surprising that the posts here don't mention the no. 1 project finance and infranstructure lawyer in India- L. Viswanathan of Amarchand. Other names mentioned above are nowhere close to the kind of reputation Amarchand (Mumbai Office especially) enjoys in this sector.
Anonymous guest 6 Apr 2010, 01:57
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all praises for the partners in their respective firms. Did anyone recognises them on independent basis. It is a fact that we dont have good infrastructure lawyers in India. No one has been able to grasp to the extent for claiming himself/ hereself as an expert. However, since names are being mentioned I would like to propose name of Mr. Piyush Joshi ex partner amarchand and now an independent practicioner.
Anonymous guest 6 Apr 2010, 15:24
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This is #9 again. I fully agree with #10 and #11 who I had missed naming. I just wanted to clarify that I also practice infrastructure law and do not belong to either Amarchand or Luthra. I believe Mr. Piyush Joshi's book "law relating to infrastructure projects" is the only decent work in this practice area and we are all thankful to him for such a wonderful work. Does anyone know of any other notable books on infrastructure law in India.
Anonymous guest 7 Apr 2010, 16:09
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Lets also admit that M G Ramachandran is the other most notable and highly-reverred independent practitioner in the infrastructure regulatory sphere.