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SAM’s Akila Agrawal joins CAM as M&A head after 3.5-months’ notice

Agrawal gets head of M&A tag at CAMAgrawal gets head of M&A tag at CAM

After a three-and-a-half month wait, Shardul Amarchand Mangaldas (SAM) Delhi-based corporate equity partner Akila Agrawal has now joined Cyril Amarchand Mangaldas (CAM) as the head of its M&A practice, according to its press release.

As we had first reported, Agrawal had resigned around 24 April, and once it became clear she would be joining CAM, SAM insisted on up to four months of notice.

Managing partner Cyril Shroff commented in the release: “We are absolutely thrilled to have Akila join our partnership. She is well respected in the industry for her achievements in corporate law. With her talent and commitment I expect Akila to have an impact. She is very entrepreneurial and has strong leadership skills.”

Agrawal added in the statement: “I look forward to my new role with Cyril Amarchand Mangaldas and hope to meaningfully contribute towards its further growth and continue its tradition of exceptional client service.”

“Mr. Cyril Shroff is a fantastic leader and I am excited about working with him and other colleagues in Cyril Amarchand Mangaldas. I have always been a part of the Amarchand & Mangaldas legacy as my first & only law firm job. I am thankful to all the mentors that I have had in this journey who have contributed to my growth.”

The 1999 NLSIU Bangalore graduate had begun her career at Wipro in Banagalore, joined Amarchand Mangaldas Delhi in 2002, became partner in 2008 and equity partner in 2011.

Reeba Chacko has been head of general corporate since 2016, which presumably continues in parallel to Agrawal’s new head of M&A designation.

Partner Nivedita Rao is deputy head of the corporate practice.

According to the press release, all three will be working together closely.

Agrawal’s former SAM principal associate Mukul Sharma had joined CAM as a corporate partner around 24 July.

Also joining CAM Delhi: Dua Associates partner Himanshu Narayan, who was formerly co-heading erstwhile Amarchand Mangaldas’ corporate group.

Leaving CAM some time this month, is Delhi senior litigation partner Percy Billimoria, and Delhi corporate partner Nivedita Tiwari has joined SAM as an equity partner.

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Like +23 Object -12 What!?? 08 Aug 18, 09:19  interesting  controversial
Amazing stuff. Amazing person. Amazing new home! Love this news.
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Like +22 Object -5 Congratulations 08 Aug 18, 09:20  interesting  top rated  controversial
CSS - up top! Down low! Bravo on this one. Watch out SAM Delhi and SSS - you might want to come back from the farm house.
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Like +20 Object -3 Congratulations 08 Aug 18, 09:21  interesting  top rated
Congratulations AA. So the rumours were true! Zia Aunty please send regards now!
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Like +17 Object -4 Gain - Loss 08 Aug 18, 09:22  interesting  top rated
SAM loss is CAM's gain. Brilliant move Akila and CSS.
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Like +18 Object -4 Delhi battle ground 08 Aug 18, 09:23  interesting  top rated
With this, CAM has really upped its game at Delhi. The bus from Okhla is not a bus today; but an Audi me thinks!
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Like +11 Object -3 Power Play 08 Aug 18, 09:30  interesting
More power to you Akila. You deserve the best!
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Like +24 Object -13 Troika 08 Aug 18, 09:38  interesting  controversial
Nivedita Rao old CAM hand and lifer demoted from Head M&A to deputy head. Reward for loyalty and long service. Derecognition of talent. Any reason they could not be joint heads?
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Like +11 Object -11 Daily Belly 08 Aug 18, 11:14  controversial
Arree...Nivedita has taken up a much bigger role than M&A head... now she is co-head of Corporate... Samjhe? Don't see shadows where there are figures...
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Like +11 Object -1 Eh? 08 Aug 18, 12:33  interesting
Deputy is deputy.
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Like +5 Object -3 Come back to work 08 Aug 18, 13:03
You know nothing John Snow!!!
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Like +2 Object -3 Garfield 08 Aug 18, 13:05
Yawn... if you say so... it must be right... deputy is a deputy even if it is the deputy head of the biggest practise in a firm.... and not the head of a subset of the practice... yes yes you are right... yawn...
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Like +7 Object -0 Anony 08 Aug 18, 16:12  interesting
So you are saying Nivi has a better role than Akila? If Deputy Head of Corporate > Head of M&A, then Nivi > Akila right? This is as per your own logic.
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Like +1 Object -0 Agreed 09 Aug 18, 19:04
Anyday better to be Head of M&A then be Deputy of anywhere (RC)
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Like +0 Object -0 Dilli Billi 09 Aug 18, 19:01
Point noted. So does Akila report to Nivedita?
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Like +12 Object -4 Wolf of Dalal Street 08 Aug 18, 11:17  interesting
This shows all the money in SAM could not get them to retain talent.... Akila clearly sees the future in Cyril and decided to drive her Audi there...SAM can send buses as much as he wants...
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Like +8 Object -2 Smartie 08 Aug 18, 19:49  interesting
The present Bangalore heads have played it smart by getting the monkey off their back. The M&A practice is in doldrums. New scape goat found. Only doing deals matter...
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Like +6 Object -0 Naive 09 Aug 18, 13:14  interesting
So someone can head corporate without taking ownership of M&A? Which law firm is this?
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Like +11 Object -2 Good news 08 Aug 18, 09:49  interesting
Congratulations Akila. Your team awaits you. It’s fun on the other side.
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Like +12 Object -1 Congratulations 08 Aug 18, 09:58  interesting
Congratulations to Akila.
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Like +25 Object -21 All heads... 08 Aug 18, 10:01  controversial
This is laughable......
Actually speaks volumes for CAM... a mid level equity partner at SAM is head of M&A at CAM!
How many heads does CAM have? Like Ravana CaM will also perish...
What happened to the 101 committees that CAM had formed? Anyone?
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Like +26 Object -30 Pinch of Salt 08 Aug 18, 10:13  controversial
Oh yes and SAM offer equity to a mid level partner. Speaks volumes about SAM
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Like +2 Object -1 Honk honk 08 Aug 18, 10:08
The Bus arriveth.
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Like +8 Object -2 Vahura Survey 08 Aug 18, 10:08  interesting
Vahura check Women in leadership position in CAM! You might want to do edit your so called survey.
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Like +5 Object -1 Vahura much 08 Aug 18, 10:23
You clearly didn’t recruit this one or CAM would be tipping charts!
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Like +15 Object -1 Bro 08 Aug 18, 10:10  interesting  top rated
You keep all the money and I keep good people!
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Like +11 Object -8 Filmfare 08 Aug 18, 10:28  controversial
Desperate to make the Delhi look good. Let’s not forget CSS made Harminder Chawla corporate head. Akila is an upgrade to that. Now Himanshu will be another head.
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Like +0 Object -1 1stJuner 08 Aug 18, 22:36
That was a
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Like +9 Object -1 Okhla 08 Aug 18, 10:40  interesting
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Like +8 Object -4 To head or not ! 08 Aug 18, 13:36
Would love to know what head of Corporate or head of M&A at CAM entails? Let’s not be fooled. These are just titles ! In the end, there is only one head and we all know that.
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Like +8 Object -2 Head all you want 08 Aug 18, 14:11  interesting
Is that right? And is this specific to just CAM or S(C)AM as well?
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Like +0 Object -5 To head or not ! 08 Aug 18, 15:03
Ok, didn’t realise that CAM did this to copy SAM.. thanks for clarifying,. Now we know who the real S(C)AMSTER is ..
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Like +2 Object -3 Yes Minister 08 Aug 18, 15:36
Nothing much apart from agreeing with the Boss Man & looking at their own personal interests !
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Like +4 Object -1 Bible Study 08 Aug 18, 16:14
Ultimately there is only one God... yes we all agree... .... so don't get fooled by any firm which says we have many heads... only Ravan had more than one there you have it... CAM is not S(C)AM (or any other firm for that matter) and hence these titles come with responsibilities .... you must send in your application to them for a job..
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Like +1 Object -0 Guest 08 Aug 18, 22:36
Be real is all I can say.. let’s revisit this after 3 months..
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Like +3 Object -2 off with her head! 08 Aug 18, 15:01
is it true nivedia rao is deputy head from
being head (of something whatever that something is)
poor HR move
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Like +10 Object -1 Gosh. 08 Aug 18, 17:02  interesting
This SAM PR is desperate to create something here. But seems to lack complete knowledge or depth. Repeat after me! Deputy Head of a Practice Area is bigger than Head of a Service Line. Unless, things work different in your world, where the tail wags the dog! Maybe NC is bigger than SSS.
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Like +3 Object -2 Rosy Blue Heiress 08 Aug 18, 18:01
Wait... isn't this about Akila instead of Nivedita... whats the deal... Stick to the point of Akila people
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Like +3 Object -1 Title Ripper 08 Aug 18, 17:26
Yes this is true. She is now the Deputy Head - "GC" ;)
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Like +5 Object -13 Ex AMSS 08 Aug 18, 17:01  controversial
1. Bad decision Akila. I feel sorry for you. Why did you did it to yourself? You will have to bear the consequences of this, when you feels suffocated after 3-6 months.

2. Comments from 1-6 are 100 percent by the HR or Communications team of CAM.

3. Kian do not delete this. All of us know your love for CAM.

4. Not expected from you Akila. It was CSS who opposed your partnership when you were up for it and SSS fought for you.

5. [...]
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Like +7 Object -0 Mx. X 08 Aug 18, 19:47  interesting
I wonder what sr. no. 5 was.
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Like +1 Object -0 Scooter- 09 Aug 18, 18:28
If your point on No. 4 is true, I would take it as redemption and get back that the same guy wants be back and as practice head.
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Like +8 Object -1 Guest 08 Aug 18, 18:10  interesting
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Like +13 Object -5 Frankly 08 Aug 18, 18:15  interesting  controversial
She will leave in a year. Wanna bet? Cyril will not let her grow. He is too much of a control freak and paranoid about giving up his spot. What good would M&A head do if you still have to report to VS for staffing resources and when a chit comes to you, you have to go running to her cabin! Akila left because raghubir was promoted even though he was her junior in college. [...]

Shardul is a different man altogether. He wants the firm to grow!
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Like +4 Object -0 Bangali 09 Aug 18, 08:23
As per that logic GS is next in line..
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Like +2 Object -0 Guest 09 Aug 18, 09:30
He got promoted to “Regional Head” - not national head - why why why?
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Like +5 Object -12 Seriously Serious 09 Aug 18, 15:29  controversial
Cyril is the only law firm partner who lets partners grow as per their talent .... there is no running to a cabin or anything needed if you are doing good work.... CAM is the only place which rewards you for the good work...
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Like +11 Object -2 k 09 Aug 18, 17:32  interesting
I assume you've been awarded for the good work done through this comment?
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Like +7 Object -1 Bromance 09 Aug 18, 17:54  interesting
Cyril sponsored Ashwath Reeba Rahul Nisha Yash LV and many more. Shardul has only tried his best to stifle people like Akila Gunjan and Jatin.
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Like +0 Object -0 Scooter- 09 Aug 18, 18:30
Copied from the CAM email signature (right after Don't print this email unless you need to go to the loo)
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Like +2 Object -1 Scoot Scooter 09 Aug 18, 19:15
Did you see the email signature in your rejection email from CAM?? Good observation... must apply again
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Like +7 Object -1 Awww 08 Aug 18, 18:20  interesting
Why Akila why, didn't you consult this ex AMSS "well wisher" before moving jobs! "Why did you DID it to yourself?" PS - Hopefully this person is a current partner in SAM! Bwahahahaha!
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Like +9 Object -1 Dualipa 08 Aug 18, 23:43  interesting
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Like +9 Object -0 Yozo 09 Aug 18, 08:34  interesting
The missing statement:

“We would like to have the grace and dignity to thank Akila Agarwal for her hard work, time and unstinted support in the 19 years she spent with us.” Pallavi and Shardul. Did the IT system at SAM crash that a simple thank you could not be issued? Even if they don’t want to wish her well.
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Like +1 Object -0 kianganz 09 Aug 18, 11:18
That's partly our bad actually - we didn't ask for a comment, since we had got a 'no comment' on our two previous stories on this.

However, I should have asked again, just in case, so I have just reached out for comment again to SAM and will add this if they get back.

Update 11:31: Have checked, that's a "no comment".
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Like +16 Object -0 Ping 09 Aug 18, 15:14  interesting  top rated
Why “no comments”? Most of the comments to this article are by SAM partners. I think they meant “no further comments”...
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Like +0 Object -0 Guest 09 Aug 18, 21:41
19 years.. ?!? So that makes her... ??? Hope that’s not how you count your recoveries in CAM
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Like +1 Object -0 Not a feminist 10 Aug 18, 09:34
Thank you Shroff’s for introducing me to your clients who I will not try to take to CAM
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Like +28 Object -6 Fan 09 Aug 18, 08:45  interesting  top rated  controversial
Human nature is amazing. Instead of appreciating the fact that 3 women have made it to the top of a tier 1 firm in a male dominated industry, people are more keen on putting them down, trivialising their achievements and being cheap.
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Like +7 Object -1 Yay 09 Aug 18, 13:16  interesting
That’s such a good comment. In the world of vahura surveys and boys club, we do seem to forget
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Like +8 Object -17 Scooter- 09 Aug 18, 18:38  controversial
While it is commendable that CAM has great numbers wrt women at leadership position, however, at an industry level, lets talk about getting somewhere where the price women pay for achieving those leadership roles is either marrying late, not having a family, not having kids etc. etc. Please do not take this message to mean all women want this. They don't. However, I have known more women than I can count on my fingers who say they are rescheduling such family/personal life related plans 'to focus on their career'. Wish they didn't have to.

Lets look at the women in leadership positions around the firms. At the cost of generalising, most of such women are not married or have no kids. If they do, then they form part of the pleasant minority.

Lets talk then.
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Like +15 Object -1 Scootsy 09 Aug 18, 19:19  interesting  top rated
Absolutely no basis for saying women at the top in CAM or any other firm are not married or have no kids... 90% of them are married and most of them have one or two kids...... please do not pull down women who have worked hard by potraying them as having missed out personal life...Sheesh... marriage is not the end game... its just a milestone....
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Like +14 Object -0 Auto 09 Aug 18, 21:28  interesting  top rated
Did you ever stop to think it could actually be a “choice”? Not everyone wants to have babies, get married or respond to sexist comments as this one. But I do want to. Hope you are not SAM HR. Scary!
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Like +5 Object -0 Working mom 10 Aug 18, 11:44  interesting
Exactly! But why should it be linear - either be focused to win in the race to the top or quit and take of home and children. Around the world women do both but that is because of cohesive policies.

The career path with or without opting for having babies (which is very natural) should be the same.

The men sitting in Executive/Management Committees should understand that while raising a child, minimum 80 biilable hours per week is not possible and if you stunt high-performing women's growth due to this, its a shame!
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Like +6 Object -1 Personal Choice 09 Aug 18, 21:37  interesting
It is choice which women makes. It’s called personal choice and people like you make a big deal by tagging women for their personal choices.And definitely it’s shows your mentality and standards. Grow up!
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Like +12 Object -1 Oprah 10 Aug 18, 10:56  interesting
Scooter good point... women who are not married and with no kids should be asked very clearly what is the it their choice to work ? Why didn't they just marry rich? Why are they so ambitious? Did they have a working mother growing up and hence they are badly brought up ? We should not leave any stone unturned to bring 18th century back ..
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Like +0 Object -5 Really?! 10 Aug 18, 20:16
In a world in which women are getting raped and in which people are turning mental and committing suicides, if you think that your law firm - law firm games and your ridiculously frustrated self are more important than the real problems of the world, then you really need to do yourself a favour of getting your head out of your b***.

Any tom, dick, and harry can get onto Legally India and give vent to his / her personal frustration. If things are not working out for you, that is your life and you are accountable for it.

Wake up before you become your own liability!!
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Like +4 Object -1 ?? 10 Aug 18, 15:18
Do most of these women work at KCO, AZB, SAM and Trilegal? COz it's certainly not true of the women partners at CAM.
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Like +6 Object -0 Woman who quit 10 Aug 18, 21:45  interesting
I actually agree with this sentiment. The beloved choice everyone is carping about is not the choice between (I) a great career and (II) kids. The choice should be between a great career and (I) kids or (II) no kids. No half decent job in this industry allows that choice. And may I point out that men NEVER have to make this "choice". Marriage is irrelevant. The choice is to leave your kids in day care, with maids or grandparents. Those are your choices. But of course let's celebrate this as emancipation and pretend all our problems have gone away.
Smart, ambitious women don't quit because they have "chosen" to do so. They quit when they don't have a choice at all.
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Like +0 Object -5 Not a feminist 09 Aug 18, 21:44
Oh come on CAM partners - is that how you want to win your argument... poor women partners who have had to sacrifice a lot ???? I don’t think any of these women were forced to work...
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Like +5 Object -0 Personal Choice 09 Aug 18, 22:07  interesting
Kian if you can publish scooter’s ridiculous comment there is no harm in publishing my earlier comment.
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Like +2 Object -0 Yes 10 Aug 18, 10:03
How did Scooters comment pass your intense scrutiny @kian? Sexist comments are legitimised and published. Sympathise much?
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Like +1 Object -0 no 10 Aug 18, 15:53
Why do you want Kian to be the arbiter on this matter? It's good that he's not censoring opinions, inane and irrelevant as they may be
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Like +1 Object -0 Oh 10 Aug 18, 21:20
So are you not aware that he does that? And yet you don’t find it problematic that he lets in a horribly sexist comment?
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Like +1 Object -1 Weakness 10 Aug 18, 21:04
Are the lawyers of this country really that weak that for every thing they have to act like babies and start crying on LI? Lawyers of the country need to be gifted diapers, if this is all that they are made of.

I am not even talking about matters such as integrity, because most lawyers are behaving like cowards and are not even worthy of discussing matters, such as lawyer's integrity. People have no strength and acceptance left to accept life or difficult times for what they are. Lawyers celebrate acts of poaching, back-stabbing, and insults as if they are some heroes standing on the border and getting shot at.

Is that all that you are made of? Is this your worth that you need an anonymous platform to display your acts of cowardice and write whatever comes to your mind. At least look at your predecessors for the much better substance that they were made of.
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Like +3 Object -0 Ping 11 Aug 18, 06:48
Which country are you from? Wakanda - where lawyers are made of better substance? It’s not a question of integrity, we need to accept that people are going to have fun in social media.... it’s not a negotiation room to be serious....
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Like +1 Object -2 Breezy 12 Aug 18, 01:28
Head M+A reports into Head Corporate. How does this work with Akila and Reeba both being classmates?
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Like +1 Object -0 Besties 17 Aug 18, 07:54
Classmates and Besties.. it would work well as neither of them will have power anyway
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