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Shardul Amarchand Mangaldas promotes 6 to equity, all in Delhi

Shardul Amarchand Mangaldas has promoted six to its equity partnership, reported Bar & Bench.

The following six have been promoted, all of whom are based in Delhi:

  • Ajit Warrier (litigation; NLSIU Bangalore 1993)
  • Anirudh Das (litigation)
  • Anuj Prasad (corporate, M&A, private equity; Symbiosis Law School 2001)
  • Manu Nair (litigation)
  • Shailaja Lall (ILS Pune 2000)
  • Shilpa Mankar (NLSIU Bangalore 2002)

Their promotions follow Cyril Amarchand Mangaldas Delhi partner Nivedita Tiwari who had joined as equity partner one month ago.

In June, Shardul Amarchand Mangaldas had promoted 8 to non-equity partner level.

Cyril Amarchand is yet to announce its partnership promotions, but they are expected next month.

Note: If you know the alma mater and practice areas of Anirudh Das and Manu Nair, above, please do share in comments and we’ll update.

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1
Like +15 Object -2 Timer 27 Jul 18, 16:58  interesting  top rated
How long until they catch the daily bus to Saket?
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2
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Like +6 Object -3 Maya Hai 27 Jul 18, 17:16
Sam trying hard to stop the bus from going to saket... Let it be daddy yo... Its exit interview time...
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3
Like +21 Object -3 Fraud 27 Jul 18, 17:19  interesting  top rated
Total fraud (basis my limited knowledge). A true eq. partner would get close to 4-6% equity. A namesake eq. partner gets 0-0.9% eq.,as is the case of (e.g.) Ms. [...].

The fun part is that they may not even get the eq. in the main partnership. It could be one of the many sub/parallel partnerships.
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3.1
Like +4 Object -0 GST 27 Jul 18, 17:37
Question is... What do these new equity guys make..
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3.1.1
Like +81 Object -0 Fraud 27 Jul 18, 17:46  interesting  top rated
They make your and my life hell :)
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3.1.2
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Like +1 Object -0 Countimg 28 Jul 18, 21:19
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4
Like +8 Object -1 Equity 27 Jul 18, 21:08  interesting
In places like SAM and Khaitan, equity is all a nomenclature. Partners might not even know their equity unit number or value. Just something nice sounding to put in their VCs. Bah.
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5
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Like +3 Object -0 So? 27 Jul 18, 21:10
What’s the unit value at SAM? INR 500 or lesser after demonetisation. Also do these poor equity in name, ever get an equity upside??
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6
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Like +3 Object -4 Ground floor 27 Jul 18, 22:55
Many congratulations, Anirudh Sir! Much deserved.
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7
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Like +1 Object -1 Ground floor 27 Jul 18, 23:11
Anirudh Das: Litigation
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7.1
Like +33 Object -1 Guest 28 Jul 18, 00:14  interesting  top rated
Quite funny that someone who has been made equity by SAM is not known enough for legally India to figure out his practice area. What kind of equity partners are these.
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8
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Like +2 Object -2 Birdie 28 Jul 18, 00:00
SSS will have to top up his existing equity partners unit value to keep them now. What is the unit value now at SAM? Mere salaried these guys are with equity tag. @kian please investigate and report
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9
Like +5 Object -0 observer 28 Jul 18, 01:25  interesting
5 deserving one barely surviving! That’s the beauty of the mothership...they realise this mistake later when the ones rewarded for loyalty and seniority run around without meeting their targets! Okhla get your act in order!
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9.1
Like +14 Object -0 Maddening 28 Jul 18, 14:41  interesting  top rated
Who are these people and what is their claim to fame. Have never even read anything about them till this news article. There is a difference between shadow equity and equity. Just a carrot to ensure that people don't leave. Just because they are now equity does it mean that their billing rates will go up? So basically as a client I was paying 10 rupees and tomorrow onwayrds I'll pay 20 for the same guy?
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9.1.1
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Like +2 Object -0 Heard 29 Jul 18, 11:07
Yes never really heard of them.
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10
Like +16 Object -0 manu nair 28 Jul 18, 09:46  interesting  top rated
hasnt manu nair been around for 20 years? why suddenly?
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10.1
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Like +5 Object -2 Exit 28 Jul 18, 17:11
Senior level exits sets bad precedent & not a good message for juniors. Also clients may or can question leadership, hence overall negative news. Not good for business so some damage control.
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11
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Like +2 Object -0 Others 28 Jul 18, 10:55
Who are the other equity partners at SAM ? Can someone pls share
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11.1
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Like +1 Object -0 PSS 03 Aug 18, 00:50
Gunjan shah
Pooja sondhi
Inder Mohan Singh
Ajoy roy
Raghubir Menon
Jatin aneja
Of course the family i- naval and Shweta
Prashant Gupta
Ritu Bhalla
.....

These are some in Delhi.
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11.1.1
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Like +1 Object -0 Newbie 03 Aug 18, 20:34
What about new partner nivedita tiwari ?
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12
Like +4 Object -0 KhakraBae 30 Jul 18, 00:04
Its life time achievement award or equity for litigation folks?
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