J Sagar Associates (JSA)

Both sides of the now divided Amarchand Mangaldas family empire have considerably increased their recruitments for 2017 from top law schools, many top firms have filled up their quota from recruits from top law schools already.

J Sagar Associates (JSA) has introduced the principal associate designation into its associate career track.

J Sagar Associates (JSA) has promoted 15 to salaried partner level.

JSA’s Berjis Desai answers the tough questions about Som Sundaresan’s departure.

J Sagar Associates (JSA) Mumbai partner Somasekhar Sundaresan, one of the top securities lawyers in India, is set to resign and take up independent counsel practice, Legally India understands authoritatively.

The new report by legal directory Chambers & Partners, which compiles an annual tiered ranking of law firms and partners in various practice areas, has seen Khaitan & Co take the top spot by number of "ranked" lawyers, reported The Economic Times, while AZB & Partners, Khaitan & Co and both erstwhile Amarchand Mangaldas co-managing partner Shroff brothers have lost dominance.

AZB & Partners overtook Khaitan & Co, and the split firms of Amarchand Mangaldas, on data provider Mergermarket’s M&A leader board this year, where the combined deal value of the Amarchand Mangaldas firms would have led the value rankings by a margin of $4bn.

The details of the transaction has been removed since initial publication at the request of JSA.

Every year, law firms send out creative electronic (and paper) cards celebrating the festival of lights. This year, we’ve collected a few of the larger firms’ greetings that have found their way into our inbox.

Khaitan & Co acted for Reliance Telecommunications in its acquisition of the wireless business of J Sagar Associates (JSA)-advised Sistema Shyam Teleservices for Rs 2,100 crore of equity, while also taking on Rs 2,400 crore of Sistema’s debt to the government.

Delhi based lawyer Abhay Vohra, who went independent from big law firms a year ago, advised CL Educate on acquiring 51 percent stake in education consulting company Accendre Knowledge Management, which was advised by its in-house legal team.

J Sagar Associates (JSA) retained partner Chitra Narayan in Chennai will go independent to focus on mediation, reported Bar & Bench.

She told the website, “I have been a mediator with the Tamil Nadu Media & Conciliation Centre for about ten years and a year and a half ago I along with others co-founded Private Initiative for Mediation and I want to focus on that now”, while JSA’s outgoing managing partner Berjis Desai said that “she was keen to pursue a career in mediation principally. Sad to lose an excellent resource”.

Narayan had joined JSA when the firm absorbed local start-up Vichar last year to open in Chennai. Vichar’s other co-founders Vinod Kumar and Aarthi Sivanand remain at JSA