Long-time Trilegal Mumbai partner Amit Tambe leaves for sabbatical

Tuesday, 1 September 2015 By Legally India Law firms

Senior Mumbai Trilegal partner Amit Tambe will leave the firm in the coming days.

Trilegal Delhi partner Anand Prasad said that Tambe would go on a sabbatical of an unspecified duration, but declined to comment further.

Tambe did not respond to an email seeking comment at the time of going to press.

He specialises in general corporate, mergers and acquisitions, and telecoms laws according to his Linked-in profile.

Tambe graduated from GLC Mumbai in 2000, beginning his career at Desai & Diwanji and moving to Trilegal in 2004.

partner hiresTrilegalAmit TambeDesai & Diwanji

Comments

omg 1 Sept 2015, 11:30
+26 -1
Omg. now who will come to NLUs on day zero and show us beer chugging competition photos?
Unfortunate 1 Sept 2015, 11:42
+12 -16
The best partner in Trilegal is leaving. It is unfortunate.
Mr. T 1 Sept 2015, 11:54
+5 -10
A damn good lawyer, super sharp guy and a big loss for Trilegal. On to new things I suppose!..Good Luck Amit!
Insider 1 Sept 2015, 12:09
+40 -2
He is joining SAM...
Madam Curious 1 Sept 2015, 13:08
+18 -1
You mean to say joining SAM means going on sabbatical!
LOL 4 Sept 2015, 01:17
+0 -0
LOL
further inside-r 4 Sept 2015, 01:40
+5 -0
[i]no, sabbatical means garden leave[/i]
Guest 1 Sept 2015, 13:15
+2 -1
If he is, then another win for SAM - again shows how his plan for Mumbai has been miles ahead of CAM in Delhi
To Guest 8 Sept 2015, 06:47
+0 -2
You are so dumb and jobless. Commenting on facts that you don't even know are true.
Anon 1 Sept 2015, 16:44
+1 -1
And you know how?
Ex-Trilegal 1 Sept 2015, 13:02
+0 -1
sad news....
From Trilegal 1 Sept 2015, 13:59
+5 -3
One of the best partners and more importantly, a very nice person. Touched everyone both personally as well as professionally.
Guest 1 Sept 2015, 15:07
+10 -2
I think more Trilegal partners will be going on sabbaticals
.
NLUD 1 Sept 2015, 15:13
+11 -2
A reader's comment is awaiting moderation or hasn't been published.
15th Floor 1 Sept 2015, 15:47
+4 -1
So where does the competition law practice at Trilegal figure now?
Scott Hall 1 Sept 2015, 17:17
+4 -2
SAM is the place to be right now
Guest 1 Sept 2015, 21:49
+13 -4
Since the termination of the A&O referral agreement, Tri-legal has been seeming more like Mono-legal
Lolz 2 Sept 2015, 07:04
+9 -3
Just so smart aren't you? FYI - we prefer Unilegal.
New name 2 Sept 2015, 08:41
+30 -1
Why not Illegal?
Guest 2 Sept 2015, 04:42
+3 -3
Ex-Trilegal,

Really sad news but i guess was meant to happen! Wish you all the luck in future - you know you have fans everywhere!
NLUJ 2 Sept 2015, 05:39
+7 -9
Beginning of an END!
GOOD FIGHT....BUT YOU CANT DEFEAT SHROFFS
Aiwiye 3 Sept 2015, 01:30
+2 -4
And what does NLUJ have to do with it????
NLUJ 4 Sept 2015, 08:48
+7 -9
For NLUJ, it will remain a tier 3 lawfirm and always a 5th or 6th or may be 7th choice for a graduating student. Not sure if anybody who gets selected/ or have prospects of selection by Amarchands even send their CV to them. Anyways the world know - they copy the precedents (read documents, agreements etc)of Amarchand by getting them clandestinely.
Real NLUJ 5 Sept 2015, 03:56
+0 -0
Are you really this stupid or just pretending to be one? Unfortunately, my problem is that you are maligning NLUJ's name by your stupidity.
Please get your facts straight. Trilegal has been and still is a 'Tier -I' firm, even for NLUJ students. And as far as your so called unsubstantiated claims about students preferences go , the fact that the topper of '16 batch, along with other very good students have chosen trilegal goes on to show the your claims are unfounded. Also, a student who has been placed at trilgal had a PPO offer from Amarchand as well. The fact that he chose Trilegal over it shows that firm preference is a very subjective choice of an individual and should not be stereo-typed.

PS - What was the point in bringing NLUJ into this article , sherlock? Perhaps, showing how cool your college is. Next time, better keep your thoughts to yourself.You are just embarrasing the varsity.
Ohho 5 Sept 2015, 19:29
+6 -1
So a 190 lawyer was formed by copying pasting precedents. Just so smart are you.
NLUJ 6 Sept 2015, 15:14
+3 -3
Ask the partners.....
hhh 8 Sept 2015, 10:45
+0 -0
so so true
Kya hua be 8 Sept 2015, 16:37
+5 -0
Abe, koi trilegal waala teri bahen ke saath bhaag gaya tha kya?
doomsday 2 Sept 2015, 08:54
+17 -8
Counsel Pramit Mohanty better known as the backbone of the banking practice has also put in his papers - joining a fund house. Not the beginning of the end but quite a few high profile transfers.
DAMNSON 2 Sept 2015, 10:57
+1 -1
Waao. Sad to hear. Good fellow
ey baana 6 Sept 2015, 18:38
+0 -0
and what a football player!
Ex-Trilegal 10 Sept 2015, 11:40
+0 -0
Pramit was a gem of a person .... wonder wht will Ameya, Partha, Ashwyn & Yogesh B do without him ... they always tried to take him to most projects
Acapulko 2 Sept 2015, 09:57
+5 -2
Was fortunate to be mentored by him few years back at Trilegal.... very good lawyer and a very good person who is always happy to help juniors....... will do well wherever he goes.
SAMvCAM 2 Sept 2015, 13:29
+6 -16
SAM is indeed the place to be. Shardul Amarchand Mangaldas - the real Amarchand Mangaldas.
Delhi Diarist 3 Sept 2015, 11:39
+20 -1
Amit is a gentleman and an astute lawyer. Given the changes that have occurred at the firm over the past years and the cultural challenges, this event should probably not be a big surprise. That being said, the impact may be limited from a revenue standpoint - most of Trilegal's income is still generated by its original founder partners, with only one or two notable exceptions. It also appears that Trilegal's overall headcount has actually reduced a bit over the last few years - it is probably hovering in the range of about 150-160 lawyers, though this ought to be independently confirmed. It seems that the firm will continue in this mode and probably won't see either significant growth or major shrinkage in the next few years. While the firm has not succeeded in its endeavor to be a true full service national firm despite forays in capital markets, litigation, employment etc. its core banking, private equity, infra and technology practices are fundamentally sound, though not growing as fast as some others. But reducing some costs and restructuring the partnership to lean it and refocus a bit will not hurt.
Really? 3 Sept 2015, 14:00
+7 -0
@Delhi Diarist - are you an insider who is suggesting that Amit was asked to leave? Your last sentence is quite powerful!
Your comment gives an insight on what Trilegal founding partners are thinking at the moment, including about the fate of most of their other partners who arent really contributing to Trilegal revenue.
Delhi Diarist 4 Sept 2015, 05:50
+12 -0
No - the last sentence isn't specific to Amit - I do not know the details of his particular situation. It is more of a general statement about the direction the firm could or should be considering. People don't always have to be asked to go. The partnership restructuring can always be a slower organic process, where the firm simply stops investing in certain areas and/or indicates to some senior folks that there won't be further career progression for them (in terms of partnership promotions, conversion of salary partners to equity, increase of equity pool points etc.). Over time, this will cause the impacted folks to leave on their own - and the firm wouldn't replace the positions. In fact, it seems that this may have already been happening at the Counsel/Senior Associate level at Trilegal for some time - and it should not surprise anyone if it also extends in to some sections of its partnership below the founder partner level. Again, this should not be seen as a reflection on an individual lawyer's capabilities. One may be an excellent lawyer, a good leader and a well liked coworker - but just simply in the wrong practice area at the wrong time. Also, not all partners can be rainmakers all the time - good networking abilities are part of that mix, but so are market conditions. That is true of all large firms - only a minority of the partners are consistent in terms of being able to attract large amounts of business. So, being impacted by a restructuring exercise isn't something that should be construed adversely against a particular individual.
Too much gyan 4 Sept 2015, 08:03
+10 -8
Delhi diarist, if a firm grows by more than 15% every year, you can't be right. You shall eat your words by March because of the pace at which things are moving at Trilegal. They introduced a certain management and client delivery model so take your gyan and do whatever you want but don't try to confuse people.
Delhi Diarist 4 Sept 2015, 09:06
+5 -1
More than happy to stand corrected if what you say is true - I have nothing against the firm. All you have to do is provide the specific data to back your claims. There's still a long way to March, but if you have figures on the year on year as well as current year trends, with an analysis of which practice areas and offices are contributing, that would be most helpful to the readers. Also, is the 15% growth in revenue terms or in profitability? Profitability growth can be achieved even without revenue increases through better cost management and resource optimization - which is what the firm might be doing. Nothing wrong with that. Additionally, you might want to provide verifiable data on the firm's current headcount - where it is today and how it has been trending for the past 3 years. This should be quite easy to do. If a firm is growing at the rate you state in revenue terms, a significant and continuous headcount enhancement is quite necessary, even if some of the revenue growth can be achieved through productivity gains. Also, please do explain the "certain management and client delivery model". It's a nice sounding phrase, but what does it really mean, and how is it different from the old one? And why would that be incompatible with a restructuring exercise? In fact, it would make probably business sense to do both together.
Number Wizard 5 Sept 2015, 19:41
+11 -3
Delhi Diarist, since you asked. In 2013, Trilegal had 18 partners and 140 lawyers. In 2014, they were 22 partners and 165 lawyers. Currently they are 27 partners and 190 lawyers. For 2016, they will likely be 35 partners and 220 lawyers. Milgaye number ki aur bhi kuch chahiye!!

Remember these are all equity partners of a full equity lockstep firm. By that count, they are the 4th largest firm in the country. They don't have associate and salaried partners which are glorified associates only.

Ja beta, selfie lele re...
Attitude 7 Sept 2015, 03:28
+6 -4
@ Number Wizard - Such arrogance and attitude - for what? you made a claim which someone has just asked to substantiate. I do not see why you should be so condescending!
Delhi Diarist 10 Sept 2015, 01:42
+1 -1
As per Trilegal's own website, your numbers don't seem to add up - unless the website is out of date. It currently lists 25 partners, including Amit, spread across 4 offices. This comprises of 9 partners in New Delhi, 11 partners in Mumbai, 1 partner in Hyderabad and 4 partners in Bangalore. Additionally, the website people directory indicates a total strength of 32 lawyers in Mumbai, 18 lawyers in Bangalore and 3 lawyers in Hyderabad. While only 10 lawyers are listed in the New Delhi section, these are only partner and counsel level folks - senior associates and associates are not included. Thus, excluding the senior associates and associates in New Delhi, the total strength of the firm adds up to 63 as per the website. even if one adds a generous 70 more to that number to compensate for the New Delhi based senior associate and associate lawyers (making for a partner:associate ration in excess of 1:7), you still end up with a total of under 135 lawyers. Again, it could well be that the firm does not maintain a duly updated website - but this is what one finds at the source, and this is what is verifiable with actual names. Also, your 2013 figures are inaccurate - they are lower than the actual. According to the 2013 RSG India Top 40 report, Trilegal had a total of 150 lawyers (not 140 as you claim), which included 20 partners (and not 18 as you have stated). It would help the readers if you could also provide verifiable sources for your figures so they can make up their minds based on the hard data. Please don't take this personally, and I certainly didn't mean to offend your or anyone else's feelings - just interested in making sure that we have a reasoned discussion based on facts. Thanks for your understanding.
Well said 4 Sept 2015, 17:35
+8 -2
So true this. Give the firm where they deserve credit. They are pioneers of the professional, modern, full equity, lock step, full service firm in India and no doubt continue to attract the best talents. Not too far out is the day when the SAM corporate department head joined them as a regular partner and a SAM partner still works there as a non partner. I am just saying not all can be wrong with this place.
Ex-Trilegal 10 Sept 2015, 11:42
+1 -0
Well I believe its true that he has been asked to leave
Well wisher 3 Sept 2015, 16:48
+4 -1
Amit is a great lawyer and will do well wherever he goes! He was a great senior for us and a fantastic friend..! Wish you the very best Amit.
Relevant Gyan 7 Sept 2015, 11:18
+6 -2
This exodus of people will continue in Trilegal, as long as the HR policies and they way they treat their associates remain at status quo. I've heard that the any half good resource is and will be worked to a point of exhaustion, eventually leading to her/his exit. This coupled with all the incessant undermining tactics in certain teams, that are used to motivate and to encourage, are turning out to be quite a counterproductive exercise. Hope such practices are slowly eased out to make the work environment better.
Punctuality 9 Sept 2015, 12:32
+0 -0
Amit is a fantastic lawyer and one of the best persons to hang out with. Hope it's only a sabbatical and nothing more. His work ethic is THE BEST I have seen across firms. Punctuality is his middle name and he loves being on time! Now there will be no one to regulate in-time at Trilegal!!!
Outsider 10 Sept 2015, 05:49
+2 -2
While it's true that Trilegal is one of first of its kind modern day management run firm, however, things are changing. 15 years and the firm still doesn't have full fledged recognition among domestic clients. Size and moneywise they are big. But that's not enough. For the kind of money it pays and all modernity, it should have been the first choice for graduating students of premier law schools. But it is not. Problem is the management has become complacent. Coming to the partners - do they have even one partner who has market reputation like that of Shuva, Som, Ashwath, nihar, ashish? Okay nishant may be a little. But that's not enough. 15 years is long enough to be able to establish itself as a serious law firm. But yes, the management only cares about money and as long as its getting that from firang clients, they are happy. Which makes people wonder as to whether they aspire to be a good law firm or a business house? Quality of work is important. If not, young and aspiring lawyers (for whom money is not the only goal) will be forced to leave. Lastly, so much for their transparency etc etc the firm hasn't announced increments this year as yet!
Quality 11 Sept 2015, 17:06
+1 -0
So quality work means working for domestic clients on low fees or cash payment?. Baba, kyon confuse hota he. 15 years is what it took for them to achieve what others did in several decades. And market recognition mein ask around for their founding partners, you know their names right? And there are other brights ones coming up.
Attitude 14 Sept 2015, 09:18
+0 -0
Looks like one of the upcoming bright ones has written this!! It will be nice to know what has Trilegal achieved in 15 years which has taken others "several" decades and what newer firms are being able to achieve. SURPRISE!!
Outsider 10 Sept 2015, 06:11
+0 -0
I dont think I wrote anything controversial for comment not to be published.
Commenting is closed for this article.