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Khaitan grows to 127 partners in corp, CM-heavy promo round: 8 new equity, 15 new AP • 4 from SLS; 3 from NUJS, GLC, NLU-J; 2 from HNLU, NLS

8 new Khaitan equity partners: Welcome8 new Khaitan equity partners: Welcome

Khaitan & Co has promoted eight of its associate partners to equity partnership, as well as made 15 new associate partners, and one new counsel (see full list below).*

Overall, this year’s round is even bigger than last year’s promotion round, which had seen 11 new equity partners and 9 new associate partners (though this year saw two fewer new equity partners).

This promotion puts Khaitan & Co total partnership headcount to 127 partners, of whom 17 are women. It has 36 salaried partners and 91 equity partners. The firm’s total fee-earner headcount, including partners, is now 545, with offices in Bangalore, Kolkata, Mumbai, Delhi.

By practice area

By far the biggest practice area in this round was corporate, which saw 4 new equity partners, 7 new associate partners, and one counsel.

Securities and capital markets too has seen huge investment: 3 new equity partners. That’s not surprising: as we had reported in February, Khaitan had grown its capital markets team to one of the biggest in India, at 7 equity partners. This would now make it 10, which is two more than Cyril Amarchand Mangaldas.

Dispute resolution got one new equity partner, Peshwan Jehangir, and 4 new associate partners.

Other practice areas had no new equity partners, though banking & finance welcomed two associate partners in Mumbai, with one associate partner each in real estate and in direct tax.

By law school

Of the new partners and associate partners, the law school LLB breakup is as follows:

  • SLS Pune: 4
  • NUJS Kolkata: 3
  • GLC Mumbai: 3
  • NLU Jodhpur: 3
  • HNLU Raipur: 2
  • NLSIU Bangalore: 2
  • Nalsar Hyderabad: 1
  • ILS Pune: 1
  • ICFAI Dehradun: 1
  • Delhi University: 1
  • Panjab University Chandigarh: 1

New equity partners

Bangalore

  • Vinay Joy, Corporate, B.A., LL.B., (Hons.), NLSIU Bangalore, 2005

Delhi

  • Atul Pandey, Corporate, LL.B., Deen Dayal Upadhyaya Gorakhpur University Gorakhpur, 2005
  • Mayank Singh, Corporate, B.A., LL.B. (Hons.), Nalsar Hyderabad, 2006

Mumbai

  • Aditya Cheriyan, Securities and Capital Markets, B.S.L., LL.B., SLS Pune, 2006
  • Madhur Kohli, Securities and Capital Markets, B.S.L., LL.B., ILS Pune, 2006
  • Moin Ladha, Securities and Capital Markets, LL.B., GLC Mumbai,, 2007
  • Peshwan Jehangir, Dispute Resolution, B.Sc., LL.B., GLC Mumbai, 2005
  • Surbhi Kejriwal, Corporate, B.A., LL.B., (Hons.), NUJS Kolkata, 2006

Associate Partners

New associate partners in Mumbai, Bangalore, CalNew associate partners in Mumbai, Bangalore, Cal

New associate partners in DelhiNew associate partners in Delhi

Bangalore

  • Arun Scaria, Corporate, B.Com., LL.B. (Hons.), HNLU Raipur, 2009

Kolkata

  • Gaurav Dasgupta, Real Estate, B.A., LL.B. (Hons.), NUJS Kolkata, 2007
  • Shounak Mitra, Dispute Resolution, B.B.A., LL.B., ICFAI Dehradun, 2009

Mumbai

  • Aashutosh Sampat, Corporate, B.L.S., LL.B., GLC Mumbai, 2006
  • Ashraya Rao, Corporate, B.B.A., LL.B., SLS Pune, 2010
  • Deepak Jodhani, Corporate, B.A., LL.B. (Hons.), NLU Jodhpur, 2009
  • Madhuparna Dasgupta, Banking & Finance, B.A., LL.B. (Hons.), NUJS Kolkata, 2008
  • Rajeev Vidhani, Banking & Finance, B.B.A., LL.B. (Corporate Law Hons.), NLU Jodhpur, 2009
  • Vivek Sriram, Corporate, B.B.A, LL.B., (Hons.), NLU Jodhpur, 2009

New Delhi

  • Aditya Patni, Corporate, B.S.L., LL.B., SLS Pune,, 2007
  • Indruj Singh Rai, Direct Tax, B.S.L, LL.B., SLS Pune, 2006
  • Jeevan Ballav Panda, Dispute Resolution, B.A., LL.B. (Hons.), HNLU Raipur, 2008
  • Karun Mehta, Dispute Resolution, LL.B., Delhi University, 2006
  • Monika Srivastava, Corporate, B.A., LL.B. (Hons.) NLSIU Bangalore, 2008
  • Sahil Narang, Dispute Resolution, LL.B., Department of Laws, Panjab University Chandigarh, 2008

New counsel

Mumbai

One new counsel in MumbaiOne new counsel in Mumbai

  • Tarunya Krishnan, Corporate, B.S.L., LL.B., ILS Pune, 2007

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1
Like +15 Object -0 Guest 11 Apr 18, 17:20  interesting  top rated
Go Vinay!!!
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1.1
Like +7 Object -0 Bhopali 11 Apr 18, 17:36  interesting
Agent Vin killing it!!!
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1.2
Like +8 Object -0 Ex- KCO B 11 Apr 18, 18:05  interesting
Vinay, true super star! Most well deserved. Congratulations!!
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2
Like +64 Object -10 Joke 11 Apr 18, 17:29  interesting  top rated  controversial
KCO has more partners than associates! Inverted pyramid.
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2.1
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Like +9 Object -6 Gunabhag 12 Apr 18, 13:06  controversial
Only if elementary math is not your cup of tea
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3
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Like +5 Object -2 rs5 11 Apr 18, 17:34
Congrats to everyone! What kind of pay scales are we talking about for the Associate Partners? I'm sure there must be changes from the last salary survey conducted by LI .
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3.1
Like +11 Object -2 Google 11 Apr 18, 18:08  interesting
Kian - we really need an answer to this question. With massive promotions being announced in almost all law firms, it’s becoming increasingly important to know how much a partner/PA/SA is making. At the end of the day, it’s money what matter. Designations are just namesake. Yes, it can definitely be used to secure a job outside the law firm circus.
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3.1.1
Like +22 Object -4 LolWa 11 Apr 18, 18:19  interesting  top rated
Your urgency to know this is killing me. Go plant a tree and save a life!
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3.2
Like +23 Object -18 Random 11 Apr 18, 19:11  interesting  controversial
Around 80-95 lakhs (all inclusive) for APs and 1.5 cr to 1.75 cr for new equity partners.
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3.2.2
Like +8 Object -0 Rumors 11 Apr 18, 19:48  interesting
Wrong info.
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3.2.2.1
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Like +1 Object -1 Random 11 Apr 18, 21:37
Tell us if you know
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3.2.3
Like +15 Object -4 GT 11 Apr 18, 21:53  interesting
its well below the 80 lac mark for AP's thats for sure.
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3.2.3.2
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Like +3 Object -2 SammyD 12 Apr 18, 16:58
Yes .. More in the range of 60-75 for APs (asusming 100% bonus). top 1-2 firms give 1-1.15 cr depending on practice areas
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3.3
Like +20 Object -0 Random 11 Apr 18, 19:12  interesting  top rated
Brilliant and well done to all. Special mention to Atul, excellent lawyer and most deserving.
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4
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Like +0 Object -1 Guest 11 Apr 18, 17:42
It would have been great to see [...]'s name on the board...
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4.1
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Like +0 Object -1 Guest1 11 Apr 18, 17:52
Whose? I too thinking of a name.
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4.1.1
Like +4 Object -0 kianganz 11 Apr 18, 17:55 LI subscriber
I'm sure everyone's thinking of a different name :)

As mentioned in a previous story, we're censoring any names of people who should have (or should not have) been promoted, because to some extent it's very hard to verify if someone has been genuinely overlooked, or whether someone is trolling someone else who has been intentionally overlooked, etc...
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5
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Like +15 Object -17 KCO 11 Apr 18, 17:59  controversial
[...] and [...] was not accepted by [...]'s team [...] and was accepted by KCO [...] and they have become stars there..... ha ha ha

Looks like rejects from AMSS become stars at KCO
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5.1
Like +11 Object -1 Hi 11 Apr 18, 19:00  interesting
Why so jealous? Be happy in life man!
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5.1.1
Like +5 Object -0 Jealousy Jalan 12 Apr 18, 00:19  interesting
How I wish I drew fat salaries
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5.2
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Like +1 Object -0 Hi 11 Apr 18, 19:01
Congratulations everyone!
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5.3
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Like +0 Object -1 Moby 12 Apr 18, 12:06
are you hinting towards one in the mumbai office?
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5.4
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Like +2 Object -1 Hooter 13 Apr 18, 10:57
whats the point of publishing such redacted message. Doesn't censor anything. So why publish? If you don't have any problems people getting references, just publish the full message. Don't try and console your soul of being the huble one when you 'technically' did not divulge names.
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6
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Like +1 Object -0 Guest 11 Apr 18, 18:03
What is the average annual take home for a KCO Equity Partner and what is the expected book size?
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6.1
Like +4 Object -0 LLP Act 11 Apr 18, 18:29
Check the annual return filed by KCO for these details. It's an LLP.
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6.1.1
Like +7 Object -0 Delhi KCo 11 Apr 18, 18:42  interesting
Only Delhi Khaitan is LLP not Bombay
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7
Like +17 Object -3 Guest 11 Apr 18, 20:04  interesting  top rated
Kian, how does Kco compare to both Amarchands and AZB, in partner gender ratio? From what I gather, it’s not the most gender neutral place to work at. Any insights?
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7.1
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Like +3 Object -2 Answer 12 Apr 18, 22:44
There are a few women partners - kalpana unadkat, bijal, daksha bakshi, surbhi, Pooja Patel, avantika, Savita Singh etc.
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7.1.1
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Like +3 Object -6 Guest 13 Apr 18, 10:26
Yes but how many of these actually have a seat at the decision making table? Does the “all middle aged men with housewives” run executive committee actually consider their views?
More importantly, while deciding on elevations, are the same yardsticks used to judge men and women candidates?
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7.1.1.1
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Like +6 Object -3 Guest 14 Apr 18, 20:25
Middle aged men with housewives? Who do you want the partners to elect? Partners from the 2006 batch or a blend of experience an performers/rainmakers who can call the shots? Or the mother-daughter duo (just because they are female) who threw a hissy fit on not being promoted?

LOL.

And how do you even know that the "middle aged men" are married to "housewives"? Guess whose gendered thinking is showing up?
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7.1.1.1...
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Like +3 Object -0 Facts1 23 Apr 18, 13:52
1. All KCO decisions are claimed to be taken by the Exec Committee
2. All current EC members of KCO are "middle aged men"
3. All their wives are "housewives"
4. KCO can't even provide women safe transport back home when working late - citing logistical issues
5. All women at KCO know that once they get the PA tag, it's time to start thinking of next moves
6. A partner famously walked out of an interview of a female candidate and asked the HR not to shortlist women as "they will get married and quit, so what's the point"
7. Another partner famously asked a new mother why she was back at work and missing her child's milestones

But by all means, bury your head in the sand. And oh yes, your disrespectful manner underscores the attitude of the organisation towards women. Hissy fits are those that are thrown by KCO management when AVK put in her papers and they resorted to emotional blackmail and misguided quotes on Bar & Bench to pressurise her to stay.
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8
Like +5 Object -1 Guest 11 Apr 18, 20:42
Does the designation "Associate Partner" exist anywhere else in the world, or is it a unique Indian HR jugaad?
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8.1
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Like +3 Object -0 Intern 12 Apr 18, 16:59
Exists in Srilanka also
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9
Like +14 Object -1 Ex KCO 11 Apr 18, 23:24  interesting  top rated
Well done Vivek and Ashray.
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9.1
Like +6 Object -1 KCO 12 Apr 18, 00:07  interesting
Future stars...super stuff
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10
Like +10 Object -2 Ex-KCO 11 Apr 18, 23:52  interesting
Many Congratulations Aditya and Vinay! :). Easily the best seniors to work with!
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11
Like +11 Object -2 Lol - KCOD 12 Apr 18, 00:00  interesting
Associates be leaving, associate partners in the making. :P
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12
Like +11 Object -2 Guest 12 Apr 18, 01:29  interesting
Well done RV! Truly deserved!
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13
Like +9 Object -2 Congrats 12 Apr 18, 02:35  interesting
Heartiest congratulations Tarunya! This is truly amazing. God bless
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14
Like +23 Object -9 Guest 12 Apr 18, 08:12  interesting  top rated  controversial
Congratulations ashray! Youngest AP in Khaitan!
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14.1
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Like +1 Object -1 Question 12 Apr 18, 14:58
Is there anyone else from 2010 batch who is AP?
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14.2
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Like +4 Object -7 Ex-KCO 12 Apr 18, 17:37
Many of the same league have not been made...very political decision!
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14.3
Like +6 Object -0 Banker 13 Apr 18, 14:53  interesting
And I thought he is a junior associate! Very down to earth!
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15
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Like +2 Object -7 Symbi 12 Apr 18, 11:11
Symbi Rocks, Mr. [...] is missing from AP and EP...Where is he now...
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15.1
Like +7 Object -0 Naysayer 12 Apr 18, 16:44  interesting
Now they will claim Symbi has paid Khaitan to make highest number of partners and Kian also got a cut to report it.
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16
Like +13 Object -2 Guest 12 Apr 18, 13:36  interesting
All those promoted to equity are absolutely brilliant lawyers. Atul n Vinay are defntly going to rock in future as well on the corporate side.
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17
Like +17 Object -2 IB client 12 Apr 18, 16:55  interesting  top rated
Great to see so many promotions at the equity partnership level, though not sure if the equity that is distributed is sizable or negligible, but nonetheless it sends the right message to the employees, that they have a realistic chance at hitting the top.

Also, great to see guys like Aditya and Madhur being promoted - their focus and patience under pressure, and humility in terms of their dealing always makes it a pleasure to work with them.
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18
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Like +3 Object -0 Trial lawyer 12 Apr 18, 21:00
I feel so poor. Oh wait.. that's because I am.
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19
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Like +3 Object -1 Smart 12 Apr 18, 21:39
Why don't you guys publish vernacular comments? It's so sad. Nevermind, just wanted to send my heartiest congratulations to all at KCO Del who got promoted. May you rise and shine and be happy in the new roles. May you party and may you get good sleep and may you get weekends and may you get money and may you get business and may you get whatever you may desire.

It's my ex-workplace you see, I feel sad to not be with my friends and acquaintances who may not have considered me their friend but I still feel happy for them. Eat and drink a little more for me.

And those well-deserving who didn't get promoted. Do not feel sad. We know the realities of these times. It'all be fine. Ok. Bye. Gonna wipe my tears.
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20
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Like +4 Object -6 Ghar ka bhedi 12 Apr 18, 22:45
Lol. I know 4 person in partner and associate partners level. Such immature promotion round.
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21
Like +11 Object -1 Ex 13 Apr 18, 03:11  interesting
I am a big fan of Haigreve and no offence meant whatsoever to anyone but I cant but wonder how Khaitan manages to make so many partners - on the corporate side it has some 50-60 partners and looking at the number of deals that are reported, on an average each partner would be doing 1-2 transactions. Its impressive how Khaitan still makes it work!
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21.1
Like +12 Object -1 21.1 13 Apr 18, 10:07  interesting
Would you rather be reporting deals to be reported for BD purposes or be happy with the money you are raking and work you are doing for your clients who don't want all the jazz in public domain. There is a corporate partner who was running 18 transactions at one time in March. Yes you heard it right 18. So ya, HK has his vision and the hunger missing in some other firms at the moment. Always gonna make it work. When people are content they perform better.
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22
Like +6 Object -1 Luthra ka bechara 13 Apr 18, 11:42  interesting
What's the news in Luthra? Is the top management still busy in firing the poor cafeteria guy?
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23
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Like +2 Object -0 ICFAI? 13 Apr 18, 19:45
Kian, isn't Shounak Mitra an NUJS grad? Not ICFAI per his LinkedIn profile.
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23.1
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Like +0 Object -0 ICFAI! 20 Apr 18, 03:11
There are two people with the same name.
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24
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Like +1 Object -0 Asli Hero 13 Apr 18, 19:52
Ravitej youngest Lit PA - total rockstar.
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25
Like +9 Object -1 Guest 14 Apr 18, 18:07  interesting
VIV & ARM. 'Dem be Closin' deals at work and Opening battin', bowlin' & beers at play.

Shuttin' down trolls and then some.
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26
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Like +4 Object -7 Lk 15 Apr 18, 12:50
Congratulations Moin Ladha for a well deserved promotion. Have often read your article in economic times!
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27
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Like +0 Object -0 Future Joinee 15 Apr 18, 16:43
what is better place to work at khaitan or CAM ?
for AO?
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27.1
Like +4 Object -0 Guest 15 Apr 18, 20:20
Khaitan Delhi office anyday
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28
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Like +1 Object -3 Jindabad 15 Apr 18, 17:21
Madhur Kohli jindabad, jindabad jindabad.
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