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Khaitan shows ‘extraordinary faith’ in 16 new partners, 8 new counsel Bets on tax, corp • Mumbai, Cal see most • 1st to break 150 partners • +72 associates

Not quite business as usual but strong show of faith regardless

New Khaitan partners
New Khaitan partners

Khaitan & Co has announced a bumper crop of promotions, elevating 16 principal associates to salaried partner level, and 8 to counsel.

The promotions take effect with retrospective effect, from 1 April 2020, increasing Khaitan & Co‘s partnership to 153 partners and 20 counsel, with a total of 173 partners, directors and similar “leadership positions” across the firm, according to a statement.

This, according to its press release and most metrics, makes it the “first Indian law firm to cross 150 partners”.

Half of the new partners are based in Mumbai, but unusually for a market that’s not been a main driver of growth for any big law firm, Kolkata saw four promotions to partner, followed by three in Delhi, and one in Bengaluru.

The largest department in terms of partner promotions was tax, with a total of five new partners (of whom four were in direct tax).

Corporate got four new partners, disputes three and two were promoted in real estate.

The new partners are:

  • Abhiraj Gandhi, real estate, Mumbai
  • Abhishek Dadoo, corporate, Mumbai
  • Aditi Sharma, direct tax, Mumbai
  • Aditya Ganju, dispute resolution, Delhi
  • Ankur Sangal, IP, Delhi
  • Ashish Mehta, direct tax, Mumbai
  • Asim Choudhury, direct tax, Kolkata
  • Manavendra Mishra, dispute resolution, Mumbai
  • Rahul Dhanuka, indirect tax, Kolkata
  • Ravitej Chilumuri, dispute resolution, Mumbai
  • Rusha Mitra, corporate, Kolkata
  • Sarthak Sarin, corporate, Delhi
  • Shabnam Shaikh, direct tax, Mumbai
  • Shantanu Gupta, corporate, Mumbai
  • Subhro Chatterjee, real estate, Kolkata
  • Swathy Ramanath, EIR, Bengaluru

8 counsel promotions

New Khaitan counsel
New Khaitan counsel

Again, Mumbai, the firm’s largest office saw the most new counsel at five out of eight, with the remaining three in Delhi.

The counsel round was heaviest on the disputes practice, where three climbed the ladder.

Corporate saw two new counsel (or three, including technology, media and telecoms (TMT)), with one each in banking and capital markets.

The new counsel are:

  • Abhinav Chandan, TMT, Delhi
  • Ahana Sinha, banking & finance, Mumbai
  • Chirayu Chandani, capital markets, Mumbai
  • Jyoti Sinha, dispute resolution, Mumbai
  • Malav Shah, corporate, Mumbai
  • Pranav Sampat, dispute resolution, Mumbai
  • Rohit Ambast, corporate, Delhi
  • Snehal Kakrania, dispute resolution, Delhi

'Cautious approach' to promotions: Promotees will have to 'justify extraordinary faith'

Amar Sinhji executive director, human resources, said: “In spite of the unprecedented situation and the uncertainty of how the near future will pan out, the firm continues to recognise outstanding performance and high potential.

“While there are many other outstanding and deserving members, we have taken a cautious approach in our promotions this year. We are certain that every member, who has been promoted, will fully justify the extraordinary faith that we have reposed in them and help play their part in navigating our firm through uncharted waters.

That does seem to imply that the firm would have liked to have promoted more to partner but ultimately decided to reduce the size of the pool. This would be expected, considering equity partners had taken a 20% cut on their drawings and all fee-earners salaries have been frozen, since April.

“We firmly believe in growing our own wood and these promotions are a true reflection of that,” added Sinhji.

Senior partner Haigreve Khaitan added: “My heartiest congratulations to all these outstanding lawyers on reaching this milestone in their careers.

“Each and every one of them has showcased their dedication and commitment to the firm, our clients, and colleagues over the years and especially through these unprecedented times.

“I am certain that with their legal acumen, industry knowledge and commercial insights, they will support the firm in building a brighter future, meet our clients’ needs and exceed their expectations.”

27 new principal associates

The firm has also promoted 27 to principal associate level, where Mumbai and Delhi saw the lion’s share of promotions.

In this rung, Delhi (at 13 new principal associates) actually saw a greater number of promotions than Mumbai (at 10 new principal associates).

The practice area to see the greatest number was corporate and funds, with 11, followed by 8 in disputes, 3 in tax and 2 in capital markets.

Bengaluru PAs

  • Nagashayana Srinivasaiah, Capital Markets
  • Tamarra Sequeira, Dispute Resolution

Kolkata PAs

  • Shourya Sengupta, Corporate.
  • Niraj Baheti, Indirect Tax

Mumbai PAs

  • Shreya Dua, Corporate
  • Aman Yagnik, Corporate
  • Shreya Mukherjee, Corporate
  • Rahul Jain, Direct Tax
  • Priyanka Desai, Dispute Resolution
  • Abhijit Mukherjee, Energy Infrastructure & Resources
  • Rohit G Jayaraman, Funds
  • Pratyushprava Saha, Indirect Tax
  • Dhiren Karania, Intellectual Property
  • Sneha Joshi, Real Estate

Delhi PAs

  • Devi Prasad Patel, Capital Markets.
  • Aditya Singha, Corporate
  • Charu Chitwan, Corporate
  • Kevin Peter, Corporate
  • Nimisha Trehan, Corporate
  • Shrey Agarwal, Corporate
  • Tarang Shashishekar, Corporate
  • Aditya Vikram Singh, Dispute Resolution
  • Satish Padhi, Dispute Resolution
  • Shalini Sati Prasad, Dispute Resolution
  • Trishala Trivedi, Dispute Resolution
  • Vivek Mathur, Dispute Resolution
  • Wamika Trehan, Dispute Resolution

45 senior associates

On the senior associate front, a massive 45 have seen a bump up from the associate rung.

Little surprise in corporate making up the largest share of promotions here with 17, followed by 9 in disputes, 5 in banking and finance, 3 in capital markets, 2 in real estate and 1 in competition (incidentally, the only promotion in the competition team across all levels).

Bengaluru SAs

  • Suman Prabhu, Capital Markets
  • Chirag Narasimiah, Corporate
  • Ishita Agarwal, Corporate.
  • Kamna Kumar, Corporate
  • Neil Madhav Deshpande, Corporate
  • Srishti Ramkrishnan, Corporate
  • Sukhmani Singh, Corporate
  • Anisha Ashok Aatresh, Dispute Resolution
  • Amruthavarshini, Real Estate

Kolkata

  • Arindam Bhattacharjee, Banking & Finance
  • Riya Dutta, Corporate
  • Srinjoy Bhattacharya, Dispute Resolution
  • Tridib Bose, Dispute Resolution

Mumbai

  • Nandini Paliwal, Banking & Finance
  • Riya Agicha, Banking & Finance
  • Savni Tewari, Banking & Finance
  • Surbhi Narang, Banking & Finance
  • Aparna Bagree, Capital Markets
  • Vijayaraghavan, Capital Markets.
  • Anvita Mishra, Corporate
  • Aman Dwivedi, Corporate
  • Puneet Rathsharma, Corporate.
  • Saumya Kakar, Corporate
  • Soumil Garg, Corporate
  • Tanvi Arora, Corporate
  • Gargi Bohra, Corporate
  • Arnav Mohanty, Dispute Resolution
  • Radhika Gupta, Dispute Resolution
  • Anindya Roy, Funds
  • Jayesh Varavadekar, Intellectual Property
  • Shwetank Tripathi, intellectual Property
  • Sunaina Brahma, intellectual Property
  • Sunil Yadav, intellectual Property
  • Udita Kanwar, intellectual Property

Delhi

  • Aman Singh Baroka, Competition
  • Bhavna Pattanaik, Corporate
  • Pragalbha Priyakar, Corporate
  • Shriya Nayyar, Corporate
  • Aayush Jain, Dispute Resolution
  • Ishan Khanna, Dispute Resolution
  • Mohit Oommen, Dispute Resolution
  • S Mohammed Raiz, Dispute Resolution
  • Nikesh Tyagi, Energy, Infrastructure & Resources
  • Prashant Kumar Singh, Energy, Infrastructure & Resources
  • Siddharth Godha, Real Estate
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