Kanth & Associates adds CEO for greater professionalism; opens second Delhi office

Nishant
Nishant

Delhi-based corporate and disputes firm Kanth & Associates added a chief executive officer (CEO), Nishant, in August and opened a second Delhi office to accommodate its growing corporate practice team.

Nishant, who had formerly co-founded brand innovations start up Brand Access and had stints in corporate management and marketing roles since 2002, will create a chief finance officer (CFO) role at the 11-year-old firm alongside introducing “international best practices” similar to large corporations, he said.

“Most law firms work in a very orthodox manner across the globe. We are focusing on bringing a CEO and CFO on board, to make this a professionally run company. Like a corporate business. Very few law firms do that. We had our first performance appraisal for the entire team, like in any of the top companies where the top performers are rewarded and the non-performers are [routed out]. I don’t think any law firm [in India] has a proper appraisal system,” he commented.

He said that the firm was aiming to build an intellectual property (IP) practice, focussing on patents related work, to add to its disputes and corporate boutique.

After Kanth’s corporate practice grew to four lawyers, including two partners, it opened a second Nizamuddin East office near its existing office in Nizamuddin East.

The firm has five partners including founder and managing partner Gaurang Kanth, and around 25 lawyers including the partners.

Comments

Law Firm Specialist 24 Sept 2015, 11:03
+9 -2
Hey, its not new many Indian firm has CFO, COO, CEO. No big deal in this. What is experiance of Nishant in managing law firm?
Bhajmanand 24 Sept 2015, 11:52
+30 -0
Four lawyers corporate team needs CEO, despite having 2 partners among four of them! The firm really needs better management!
ChuEO 2 Oct 2015, 03:55
+4 -0
May be they have started designating team secys as CEO to boost their morale and compensate for low salaries.
#Law Firm Specialist 24 Sept 2015, 13:01
+8 -0
dude "experiance"!!!...that should say it all about you isnt it??..you should write yourself as Law F'a'rm specialist..:P..
Experiance 26 Sept 2015, 11:19
+3 -0
"[i]that should say it all about you isnt it[/i]" isn't exactly the greatest advertisement for English either buddy
Bajrangi Vakeel 24 Sept 2015, 16:12
+5 -0
Will Kanth and Associates also start disclosing its yearly financial statements like all large corporations, professionally run companies and corporate businesses do???

Hilarious comments like "Introducing international best practices similar to large corporations", "make this a professionally run company" and "like a corporate business" is what you get by getting a person with marketing experience, presumably with very little exposure to law firm management and legal sector, on board as CEO.
Last name 24 Sept 2015, 20:45
+13 -0
What is Nishant's full name? Or from a branding perspective he only uses his first name?
Lolo 25 Sept 2015, 06:02
+4 -0
Lol...law Firms and professional management!!! A CEO or business grad will have better satisfaction and value add in managing a cattle farm or may be backyard vegetable farm, if the person is looking for a break from corporate rat race or retirement life. I have heard COO of a famous Kolkata based Law Farm now in top 5, whose only claim to fame is, years of working as secretary to the managing partner and subsequently holding a law degree.
Bengaluru 25 Sept 2015, 11:21
+1 -0
Some firms in bengaluru with 3 partners and 5 associates must also consider appointing a ceo..
Bhajmanand 25 Sept 2015, 14:15
+1 -0
Seems you are also a management graduate looking for placement ;-)
Just a thought.. 25 Sept 2015, 12:31
+3 -0
Every lawyer having 4-5 juniors may consider hiring a CEO/CFO. Wonder what would be the salary of such CEOs?
Salary 25 Sept 2015, 20:57
+1 -0
Same as what Bhajmanand maybe drawing...
Bhajmanand 26 Sept 2015, 07:29
+1 -0
Hmmmm....so you know that! Now it is clear that you are the CEO of my firm ;-)
Cunning Linguist 25 Sept 2015, 16:09
+6 -0
I hope the persons manning the reception phones in this firm are quite clear in their pronunciation..."Kanth speaking..how can I help you?"
Bajrangi Vakeel 25 Sept 2015, 20:20
+1 -1
Why is my comment not published?? What is so objectionable about my comment??
kianganz 25 Sept 2015, 20:32
+1 -0
Sorry, had missed it...
Trend Setter 29 Sept 2015, 04:44
+0 -0
http://www.hindustantimes.com/india/sc-to-decide-if-person-s-surname-is-necessary-to-start-a-company/story-dEB8fXlYcBWbt8UX5yq0JL.html
lawER 123 14 Oct 2015, 10:03
+4 -0
First of all, what is the full name of this newly appointed CEO? secondly, not really surprised with this news. Partners at kanth and Associates require supervision, it seems. Bad bad reputation in the market!