L&L Partners

Following his victory on Monday in the Delhi high court, co-founding partner and de facto reinstated senior partner of L&L Partners, Mohit Saraf, has responded in kind to his co-founder Rajiv Luthra with a newspaper notice that of the favourable judgment and warning the public that the public should “exercise caution in dealing with Mr. Rajiv Luthra”.

The Delhi high court has “prima facie” and “tentative[ly]" stayed the termination of senior partner Mohit Saraf’s termination from L&L Partners, the partnership he had co-founded, by managing partner Rajiv Luthra.

L&L Partners capital markets lateral partner hire Jitesh Shahani has put in his resignation; meanwhile, the firm’s ex-capital markets partner Geeta Dhania, who had left the firm two months ago, is slated to return.

On 9 December 2020, the Delhi high court reserved its judgment in the saga of the acrimonious split between the co-founders of L&L Partners, Rajiv Luthra (often referred to as RKL) and Mohit Saraf (referred to as MS in court filings).

As the novel coronavirus is gearing up for a second wave and wreaking renewed havoc in much of the world and economies continue teetering on brinks barely held back by government stimulus packages, a number of law firms have recently eased restrictions on their fee-earners.

The turnover at L&L Partners’ corporate partnership (excluding the separate litigation and other partnerships) had increased by 12% between the 2018-19 and the 2019-20 financial years, revealed court filings by senior partner Mohit Saraf in the Delhi high court dispute with managing partner Rajiv Luthra.

J Sagar Associates (JSA) partner Asim Abbas is due to join L&L Partners in Delhi, according to two sources.

The Delhi high court today did not interfere in the partnership dispute between L&L Partners co-founders Rajiv Luthra and Mohit Saraf, ordering both parties to continue mediating until 1 November, reported Bar & Bench.

Two corporate partners at L&L Partners have given their notice to resign ahead of today’s court hearing following at least two days of mediation.

19:27: Apologies for the slight delay in updates. The order is out and has told the parties to mediate with Sriram Panchu tomorrow (Saturday 17 October) or by Sunday (18 October) at the latest, but without granting any stay orders to Saraf (which puts him in the position where he is locked out of his firm email and Luthra has notified all clients that they can’t work with him, even on ongoing matters).

L&L Partners managing partner Rajiv Luthra has written an email to clients notifying them that senior partner Mohit Saraf was “no longer authorised” to act on behalf of the firm. The email follows the removal of Saraf’s name from L&L’s website and the posting of armed guards outside the doors of the firm’s corporate office in Delhi.