partnership promotions
Trilegal will promote five counsel into its equity partnership, we authoritatively understand, growing its partnership to a total of 63.
Trilegal has promoted two of its corporate lawyers - Ankush Goyal and Tejas Adiga - to its all-equity partnership, growing to 55 now.
Embassy Office Parks acting general counsel Clarence Anthony, who had been on secondment to the real estate developer from Trilegal since April, has returned to the law firm in Bangalore with a promotion into its equity partnership, in news that was first reported by Bar & Bench.
Trilegal has promoted six of its lawyers to its equity partnership, more than at any point in its history, growing to a total partnership size of 50.*
Trilegal has promoted its Bangalore-based employment law counsel Swarnima to partner, according to the firm’s press release.
Trilegal’s partnership has just voted to promote two of its counsel to its all-equity lockstep partnership, according to authoritative sources.
Trilegal has voted to admit into its all-equity partnership counsel Ramakant Rai in its corporate practice and Nayantara Nag in the projects practice, effective 1 October.
Trilegal has promoted Delhi disputes counsel Jafar Alam and Ashish Bhan into its all-equity partnership, which now numbers 37.
The seven largest law firms in India have grown their headcounts by an average of around 20% in the last one-and-a-half years. Of those, the fastest-growing such as Shardul Amarchand Mangaldas and Khaitan & Co, had expanded fee-earner headcounts by 45% and 35% respectively, while others such as AZB & partners’ partnership ballooned by 75%.
Advaita Legal has promoted Shailendra Singh to the principal level, which is similar to a salaried partner and the fourth rung in the firm’s eight-level fee-earner designation structure.
Trilegal has promoted three of its counsel lawyers in three offices to its all-equity partnership.
Trilegal has promoted five to the first rung of its all-equity lockstep partnership.
Getting the ratio of partners to non-partner fee-earners right has its rewards, but it is, at best, an inexact science.
Trilegal has promoted Gautam Singh and Kunal Chandra to its partnership in Mumbai.
Chandra joined the firm in 2006 and specialises in corporate.
Singh joined the firm in 2010 and focuses on corporate M&A and private equity.
Trilegal management committee member Rahul Matthan commented: “Gautam and Kunal are welcome additions to the firm’s corporate practice. They have both been with the firm for a long time and fully imbibe the culture and work ethic of the partnership. They bring strong technical skills and will help deepen our relationship with our clients.”
Trilegal has promoted Delhi litigation counsel Shankh Sengupta to equity partnership, as the firm’s 24th equity partner.
Answer: It depends (but nine is magic number)
Trilegal has hired Deloitte counsel Himanshu S Sinha as a partner in its direct tax practice in Delhi and promoted infrastructure counsel Neeraj Menon to its partnership.
Trilegal did not make any new partners this year but promoted senior associates Upasana Rao and Nitish Nair to counsel in Delhi. There were no promotions to counsel in the Mumbai region.
Independence is a quality as prized by lawyers as it was celebrated by India yesterday. But as firms grow larger, they get more dependent on each of their partners while subsuming the individual into the collective.
Exclusive: Trilegal has internally promoted the first two salaried partners into its equity partner lockstep since the Phoenix Legal breakaway, with Mumbai corporate partners Nishant Parikh and Amit Tambe starting on the first rung of the firm’s 13 year lockstep.