Khaitan & Co has made working-from-home from a distance the default until the end of 2020, bearing in mind a variety of factors and routines upended by the Covid-19 pandemic.
“We have decided that we will give everyone the work from home option till end December 2020,” Khaitan director HR, Amar Sinhji, said after we contacted him for comment following an announcement at the firm made earlier this week.
“So we felt that it was just a common sense, practical and safe thing to stay with work from home until December 2020. If something (like a miracle vaccine) changes the situation before that, we will see. However, as optimistic as I may be, that seems highly unlikely,” he added.
There were several reasons for the firm’s internal strategy.
One was about staff who may have family members in other parts of the country and would prefer to be (or be stuck) in cities were Khaitan did not have an office.
“Let us say that your hometown is Chennai but you are stuck in Mumbai, with no clue as to when things will get back to normal / open up completely. So you now have the option to go back to Chennai and be with your family or at your family home where the overall family / social support systems make life far easier and you just continue to work from there,” Sinhji said.
The long game: Emotionally and physically tiring
Furthermore, most big firms appear to have at least somewhat been able to get used to remote working.
“The physical location of the workplace in the current context, has become irrelevant,” commented Sinhji. “Use of technology can create your playground wherever it is now convenient for you to play the game from - you no longer need to go to the stadium!
“Lots of people like that, especially those who live alone or are struggling without any domestic help, with young children or have parents who are alone and many who come from smaller towns can now take the call to go to their family / home for a longer period of time and get some stability and support. Many were physically worn out and this should give them an option to readjust and settle in for a longer period of time.”
Uncertain times
Then there is the problem that no one - neither politicians, nor public health professionals, nor law firm managing partners - seem to know exactly how long the ‘new normal’ will last and exactly how it will pan out.
“There is also the uncertainty of complete lockdowns whenever the spread becomes uncontrollable,” said Sinhji. “As an example, a couple of weeks ago we opened up Bangalore - up to 50% attendance - but with a complete lockdown there now, nobody can go to work. And nobody can tell when the lockdown will get eased up.
“And of course there is very limited public transport - so it is only when the suburban rail networks start that we can say things have truly opened up.”
How did opening offices go?
Khaitan had tried in June to tentatively open its offices to very limited capacities, so we asked how many people actually took up the offer of going to work physically.
“Calcutta and Bangalore had quite a substantial attendance, almost 30% of the total strength was present,” said Sinhji, but added: “Bombay and Delhi the attendance was wafer thin - less than 10%, for the obvious reasons of lockdowns / containment zones and the fact that there is no public transport (suburban rail).”
“There’s no point going to office,” added Sinhji, mincing no words. “You risk being infected during the commute to and fro, and certainly being in a closed and centrally air conditioned environments is not recommended.
“Also most large commercial complexes and individual offices are operating with no or minimal services and bare minimum staff. So if one was in office - it would be a struggle to get basic support services that we once took for granted.
“Some of the bigger complexes are a shadow of the beehive of activities that they once were - almost like ghost towns today.”
Mumbai expansion on hold: so could firms give up on office space and save some cash?
Sinhji said: “I think it’s too early to take that kind of a call, of changing a business model overnight that’s been running for more than a 100 years [with physical offices].
“We will not give up existing property in the near future. We have invested heavily in a certain level of infrastructure and we would be very careful before we dismantle all that.”
That said, things are not the same as they have been for 100 years either.
“We were planning to take some extra space in Mumbai, which we may not take now, but I don’t think anybody is at the stage where they will give up their offices completely,” explained Sinhji. “We will certainly rationalise physical space going forward, now that we know that work from home is a very viable and practical option for quite a few functions / roles and may actually make life easier in terms of time wasted in commuting long distances.
“The long held belief that it could be possible for a large majority to work remotely has now become a reality. However, everyone needs to think this through rationally and with some long term vision before rushing to create new operating models.”
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Now hopefully other law firms will follow suit and follow this example as well, in the same way the are all tripping over themselves to revise compensation structures.
What's the excitement about? Enjoy this time.
Here's a sneak peek into your future.
.. First, you enjoy the $$. Your litigator friends make jokes about their poverty. You feel happy.
.. Soon, Associates with high potential & drive start to leave.
By 2nd & 3rd year, over HALF of the really smart ones quit. It doesn't make sense.
.. Not long before you feel like a circus monkey doing the same tricks in a loop.
But you keep at it. Why?
They make you feel like - no way you could survive in any less $$
Getting no personal time must be important for success
Getting health issues is a normal part of adult life
Thoughts about quitting a job must be normal
You think you could quit anytime & take control of your life again.
.. "Milestones" are placed cleverly so you keep pleasing the masters.
They are ALL your heart beats for.
MEANWHILE
Your litigator friends... they didn't stay poor
.. some started their own chambers
.. some have public visibility
.. better contacts, working hours, independence
.. self-reliant & answer to themselves
.. they choose their work & some even contribute a great deal to society
.. some are headed for politics, appear on TV, etc
It doesn't take long to realize. Kid, you got played.
IF your offer is rescinded, don't worry child
You might be better off
No one's denying it hasn't had an effect on these firms but saying that they'll revoke offers looks extremely bad for these firms especially in terms of market reputation and would severely impact the relationships they have with these NLUs. At least for Tier-1 NLUs it doesn't seem like your doomsday foretelling is based on a shred of truth.
The pandemic and all the lockdowns have not only severely affected demand ( layoffs across companies and sectors) but has also changed the consumer behaviour. The entire global economy including India will contract severely. Now what does that mean? It means instead of growing the demand will actually decrease.
Why do lawfirms hire everyear? Because as they grow their demand increases and hence the need for more employees. Now since there is no growth there is no need for those new hires. And on top of that the demand has contracted. Which means even some of existing employees should lose work. But instead of layoffs the lawfirms has done paycuts. Basics.
All partners will try not to create panic and say they expect to honour the offers and hire in future. But it's just not in their hands.
Meanwhile other firms are doubling down on increasing physical attendance in office for no good reason.
Why can't you do something for this world/society?
Instead of just thinking about money all the time. If you make 15k per month then also you can sustain yourself. Stop making these excuses. You are just a misguided student thinking that money is necessary for happiness.
Family earns money from rental, 74% equity and travel company.
I don’t think KCO follows that model.
See where the Shareholders and Directors of Aero Agencies lead and you will understand.
Maybe you'd like to look into the Bar Exam and see if there's a story there which LI would like to cover.
The lockdowns and resultant delayed exams lead to delays in students receiving their results, and further delays in recieving provisional pass certificates required for registration. This could possibly lead to students being unable to register for the Bar Exam this year, the schedule for which hasn't been changed either for registration or for the exam itself. Furthermore, apparently in the BomHC branch of the Maharashtra Bar Council there had been reported cases due to which the office has been shut down and no fresh enrollment applications are being accepted.
Moreover this is for the persons who have received their results and have conclusively graduated. Several universities have either still not conducted final exams or released their results. GLC, Mumbai falls into either of those two categories, I believe the former. Such persons would definitely be unable to register with the State Bar and subsequently for the AIBE in time.
Therefore, the only solution that remains is to defer the bar exams considering joinings are anyhow being deferred, across the board.
Law firms thrive on chaos, uncertainty and ambiguity. The more clearly that the law is spelled out, the lesser is the work for lawyers. Similarly, in a stable environment work is limited (with the exception of M&A). But desperate times call for desperate measures and this has lead to tremendous demand in areas such as insolvency, debt (restructuring), M&A (attractive valuations for investors, conglomerates compelled to sell/ hive off businesses for reducing debt), employment.
Litigation has been hit. They cannot bill for the idle time wasted in courts while waiting for matters to come up. Also, there is limited scope for adjournment.
Capital markets has suffered but has been recently been busy with rights funding.
Those unlucky to have limited workload are compelled to write articles and conduct webinars!
Where is peace?
On top of that these greedy partners are now refusing to give increments (some are even shamelessly holding back the bonuses of last year). How is this fair? Will this ultimately result in people switching law firms (which gets them the increment) or reducing promotions
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