Hotshot lawyers are switching jobs, taking entire teams with them

livemint.com:

Cyril Amarchand Mangaldas. "The time has come for law firms to seriously look at succession planning for all critical roles and develop internal candidates who can step up when the time comes." Then, this July, JSA hired Nisha Kaur Uberoi, who headed the competition practice at Trilegal. Uberoi, who looks at complex areas such as merger control, cartels, abuse of dominance, and the digital economy, brought two partners and 25 attorneys with her.

Also joining JSA are Iqbal Khan and Ambarish, full-service law firm Shardul Amarchand Mangaldas & Co's private equity (PE) and M&A partners, along with their team of about 18-20 partners. “Law firms are gearing up for what is expected to be a busy next couple of years and are picking up good talent," said Vivek K. Chandy, joint managing partner at JSA.

“Lawyers are now getting fair offers and are getting paid properly for what they bring to the table." Further, in June, Khaitan & Co roped in Avik Biswas and Vaibhav Bhardwaj from IndusLaw to head their employment, labour, and benefits practice. Biswas joined as a partner in Bengaluru while Bhardwaj joined as a partner based in Noida, along with their teams. Amar Sinhji, executive director for human resources at Khaitan & Co, said in an email response to Mint that the firm has done “specific hiring" for new offices and for practices that are growing.