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This article, like many others, was first published exclusively for long-term supporters, 13 hours before everyone else got to read it.

L&L CM to see reinforcements post Lahoty: A&O’s Jitesh Shahani (Nalsar ‘05) to join from Singapore

Jitesh Shahani to (re)join Luthra and India before year-end
Jitesh Shahani to (re)join Luthra and India before year-end

L&L Partners has begun the process of rebuilding its capital markets practice and is finalising the hire of Jitesh Shahani, currently Allen & Overy (A&O) senior associate in Singapore, as well as Luthra alumnus and Nalsar Hyderabad 2005 graduate.

According to authoritative sources, L&L has made an internal announcement that Shahani would join the firm as a partner in Mumbai, though he is unlikely to leave Singapore for India before his notice period expires in October or November.

He is expected to join L&L by some time late this year.

We reached out to L&L senior partner Mohit Saraf, who commented: “Absolutely delighted to welcome Jitesh back to the firm.”

“He started his career as an associate at Luthra and he has actually done a long stint in Singapore”, said Saraf, noting that Shahani had a lot of experience in both equity and debt capital markets.

“We are in the middle of looking at more hires,” he added. “We are feeling determined to have a strong capital markets in Delhi and Mumbai.”

Shahani had joined A&O with capital markets partner Pallavi Gopinath Aney in June 2019, who had joined from Baker McKenzie.

Shahani and Aney declined to comment when contacted.

The Nalsar alum had worked at Luthra & Luthra, as it was then known, from 2005 to 2010, then completed an LLM in corporate law from New York University’s law school, and joined Linklaters Singapore in 2011.

In 2015 he joined Ashurst for a year, and then Baker McKenzie in 2016.

L&L’s capital markets practice had been rocked by our report earlier this month about four of five capital markets partners, led by senior-most partner Manan Lahoty, due to be leaving for IndusLaw.

Echoing Saraf’s comments of today, L&L at the time vowed to, “in years to come”, build a “better and highly profitable capital markets practice”.

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