Indian firm JSA secures capital markets team member from AZB law firm.
J. Sagar Associates (JSA) has experienced a significant shift as corporate partner Manav Raheja departs from the firm to join Veritas Legal in Mumbai. This departure marks a departure for JSA, as the firm continues to navigate the competitive Indian legal landscape.
Manav Raheja's previous position was a corporate partner at JSA, where he made significant contributions to the firm's corporate law, private equity, and mergers & acquisitions practices. His departure comes at a time when JSA is facing stiff competition from leading full-service law firms such as AZB & Partners, Cyril Amarchand Mangaldas, Khaitan & Co, Shardul Amarchand Mangaldas & Co, and Luthra & Luthra Law Offices.
Meanwhile, JSA has made a strategic move by adding Niruphama Ramakrishnan as a partner in Gurugram. Ramakrishnan, who brings over a decade of legal experience to the table, has practiced law at S&R Associates and the erstwhile Amarchand Mangaldas & Suresh A Shroff & Co. before joining AZB & Partners.
Ramakrishnan's areas of focus include regulatory, general corporate, equity, capital markets, structured products, InvITs, and REITs. Her expertise will undoubtedly strengthen JSA's capabilities in these areas.
It is important to note that the hiring of Niruphama Ramakrishnan and Manav Raheja's departure are two separate events at JSA. Raheja's departure is recent, and his new law firm is Veritas Legal.
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[2] "J. Sagar Associates (JSA) Expands Private Equity and Corporate Transactions Practices." The Financial Express. (2020). https://www.financialexpress.com/industry/companies/jsa-expands-private-equity-and-corporate-transactions-practices/2175580/
[3] "India's Top 100 Law Firms 2021: Luthra & Luthra Law Offices, Vaish Associates, and others make the list." Legal Era. (2021). https://www.legalera.in/articles/indias-top-100-law-firms-2021-luthra-luthra-law-offices-vaish-associates-and-others-make-the-list/
JSA's departure of Manav Raheja, a key figure in the firm's corporate law, private equity, and mergers & acquisitions practices, signifies a significant shift within the firm, especially when considering the competitive Indian legal landscape. On a positive note, the firm has strengthened its capabilities in regulatory, general corporate, equity, capital markets, structured products, InvITs, and REITs by adding Niruphama Ramakrishnan as a partner in Gurugram, whose expertise in these areas will undoubtedly be beneficial for the firm's financial and business growth.
