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News on Medial
Law firms tap younger lot for partner profiles as attrition rises
Livemint
·
10m ago
Medial
- Lawyers in their early 30s are now being promoted to partner roles in law firms, in contrast to the previous trend of waiting until the age of 40 or above. - Factors driving this change include the need to address attrition, promote younger talent, and find individuals well-versed in new-age policies and complexities. - Attrition in law firms has been increasing, with practice heads and teams of partners frequently moving to rival firms, creating vacancies in various practices. - Partners can be either equity partners or fixed income partners, with equity partners receiving a share of the firm's revenue and investment in the company. - The rise of new areas like data privacy, AI, IoT, and blockchain requires specialized knowledge of regulatory and policy frameworks, increasing the demand for young lawyers who possess such expertise. - Law firms are providing training workshops, exposure to complex cases, and opportunities for early client interaction to develop legal expertise and commercial awareness in young lawyers.
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IPO fees up, capital markets work becoming lucrative for law firms: JSA’s Mukherjee
VCCircle
·
1y ago
Medial
J. Sagar Associates (JSA), one of the biggest law firms in India, is seeing an increase in fees for initial public offerings (IPOs). The firm's capital markets division, led by partner Madhurima Mukherjee, has been involved in numerous high-profile deals. Capital market work is becoming a lucrative area for law firms, and JSA is well-positioned in this sector.
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JSA ropes in former DSK legal partner for its Bangalore office
VCCircle
·
1y ago
Medial
J Sagar and Associates (JSA) has appointed former DSK Legal partner Brijita Prakash as a partner for its Bangalore office. This follows JSA's previous partner appointment of Rakesh Warrier for its corporate practice in Bangalore. The firm has also recently elevated 10 of its lawyers to partnership across its offices in Mumbai, New Delhi, Chennai, and Bangalore. JSA was ranked as one of the top law firms in India for private equity and venture capital dealmaking in 2023. The firm was founded in 1991 and has seven offices across India.
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Anagram appoints former Induslaw executive to bolster M&A, PE profile
VCCircle
·
11m ago
Medial
Law firm Anagram Partners has appointed Faraz Khan, a former IndusLaw executive, as a partner to strengthen its mergers and acquisitions (M&A) and private equity advisory business. With 12 years of experience, Khan specializes in domestic and cross-border M&A and private equity transactions. He advises PE funds, companies, and conglomerates on investment transactions, joint ventures, divestments, regulatory concerns, and corporate governance. Anagram Partners had previously elevated Aditi Tralshawala as a partner in April this year. In recent months, several law firms, including Trilegal and AZB Partners, have also promoted lawyers to partnership positions.
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JSA brings back former executive to bolster banking & finance team
VCCircle
·
1y ago
Medial
J Sagar Associates (JSA) has hired Divyanshu Pandey as a partner in its banking and finance team. Pandey previously worked at S&R Associates, and his return to JSA after four years is expected to bolster the team's expertise. With over two decades of experience, Pandey specializes in advising clients on syndicated lending, project financing, debt restructuring, and other areas of banking and finance. JSA has recently seen a number of partner movements, reinforcing its position as one of India's top law firms.
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Cyril Amarchand Mangaldas hires former Trilegal exec for corporate practice
VCCircle
·
10m ago
Medial
Cyril Amarchand Mangaldas has appointed Rohan Ghosh Roy as an equity partner in its corporate practice, marking its seventh partner-level hire since August. Based in Mumbai, Ghosh Roy has over 15 years of experience, having previously worked at Trilegal. This is the second equity-level partner hired by Cyril Amarchand Mangaldas from Trilegal this year. In addition to Ghosh Roy, the firm has recently hired four other partners to strengthen its team. Cyril Amarchand Mangaldas has been actively expanding its practice, targeting top talent from peer law firms.
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Amid layoff saga, TCS announces hikes for employees
Livemint
·
1d ago
Medial
Tata Consultancy Services (TCS) announced salary hikes for 80% of its employees amid layoffs and rising attrition. Effective from September 2025, the raises focus on younger employees, aiming to rebuild trust within the workforce. Although the exact quantum of the hikes is unclear, this move provides partial relief to employees concerned about job security. The announcement, made via internal email, adjusts compensation for those in grades up to C3A, covering a significant portion of their staff.
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If you can't beat 'em? European politicians embrace TikTok despite security fears
Economic Times
·
1y ago
Medial
Some European politicians, including Ireland's prime minister-in-waiting Simon Harris, are embracing TikTok as a means to reach younger voters ahead of upcoming elections. However, concerns over data security and potential influence from the Chinese government have been raised. Despite this, TikTok argues that security warnings are unwarranted and that it takes measures to protect users' data. Other European leaders, such as French President Emmanuel Macron and German Health Minister Karl Lauterbach, have also joined TikTok to engage with younger audiences. Mainstream politicians are keen to tap into TikTok's popularity, especially with the potential influence of fringe parties on the platform.
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JSA ropes in former IndusLaw partner, three others
VCCircle
·
1y ago
Medial
Law firm J Sagar Associates (JSA) has hired Padmaja Kaul, a former partner from rival law firm IndusLaw, along with her team of Yugank Goel, Kushagra Sah, and Vansh Bhutani. Kaul, with over 10 years of experience, specializes in commercial litigation, arbitration, white-collar crime, and other areas. The appointment follows JSA's recent hiring of Iqbal Khan and Ambarish, along with their team of 19-20 lawyers, from Shardul Amarchand Mangaldas. JSA is one of India's top law firms and operates in several cities across the country.
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Rising stars secure equity stakes at top law firms
Livemint
·
1m ago
Medial
Top law firms are increasingly promoting star professionals to equity partner roles as a strategy to reward performance and retain talent amidst intense competition. Unlike salaried partners, who receive fixed fees and performance-based pay, equity partners are part-owners involved in the firm’s management and share its profits. This shift in practice allows even less senior partners to gain equity stakes, moving away from the tradition of reserving such positions for long-serving, veteran partners.
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Evolvence's Kumar on change in Indian PE/VC scenario over the years, exit strategy and more
VCCircle
·
7m ago
Medial
Evolvence India, a hybrid investment firm and limited partner backer for venture capital firms, is raising its fifth investment vehicle of $300 million. The firm's managing partner, Ajit Kumar, discusses the changing landscape of the Indian private equity and venture capital industry, as well as exit strategies. Evolvence India has previously supported venture capital firms like Lighhouse Funds and Blume Ventures.
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