Shardul Amarchand Mangaldas (SAM) Delhi-based equity partner Anuj Prasad has resigned.
He specialises in corporate, M&A and private equity work, as well as aerospace and defence.
We have not been able to confirm his plans for after the end of his notice period.
He did not respond to our request for comment.
We have reached out to SAM for comment.
Update 19:55: The firm commented: “Anuj will be moving on from the Firm in January 2020. Anuj has been with us for over 13 years and we are thankful to him for his contribution to the success of our firm. We wish him all the very best in his future endeavours.”
The 2001 SLS Pune graduate had begun his career at Dua Associates, joining erstwhile Amarchand Mangaldas in 2006.
Prasad had made partner at Amarchand in 2010, and was promoted to equity partner in 2018.
He joined Shardul Amarchand Mangaldas after the break up of Amarchand, and was promoted to equity partnership in 2018.
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There's a difference between increasing revenue recovery targets and setting growth targets. You could meet your Rev target for a year and still fall short of growth. It's simple economics, but then you wouldn't be here unnecessarily discussing foreign law firms if you had a grasp of anything simple. Family firms are to blame here because the equity ratio between heirs and hires is completely out of whack, whereas a more democratic firm like JSA would have more proportionate targets and remuneration.
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