Can you share with us your journey from practicing law at Daksh Law Firm to transitioning into the corporate sector with multinational corporations like DuPont, PricewaterhouseCoopers, and Honeywell? What motivated this shift, and how did your experiences shape your approach to legal matters in the corporate world?
It was an interesting one. I had no clue that one can become a corporate lawyer too. Coming from a small town, I only knew about practicing in courts. Then, I started interacting with in house counsels of our clients and understood how much we could do as corporate lawyers. That triggered the interest in being one and I never felt like going back. In the corporate world, you are part of business so one has to own and live the legal advice provided unlike law firms where one can separate themselves from it.
You’ve had extensive experience in handling various legal aspects such as litigation, contracts, mergers & acquisitions, and compliance across diverse industries. Could you elaborate on how your legal expertise intersects with your role as a business enabler within these industries?
Every facet of what we do in the legal department has a key role to play in any decision making on the strategy of the organization. For instance, our learnings from a litigation or contract could play a key role in making a decision of what business could be good/ lucrative for the future of the company. Gone are the days when Legal was being consulted only when there was a dispute. These days, Legal plays a crucial role in enabling business and making it profitable.
Being recognized as a leader with a strong ethos of collegiality and mutual respect, how do you foster a culture of integrity, compliance, and accountability within your organization, especially when dealing with complex business challenges?
It starts from you. If you stick to integrity and compliance in the very turbulent and stressful situation, people see you as a role model. The cost of non-compliance could be super expensive. It’s not always pecuniary, sometimes it could lead to massive reputational damage. If you are able to show that to others, it’s not difficult to get them on your side.
Throughout your career, you’ve worked with teams comprising members from different countries and industries. How do you navigate cultural and professional differences to ensure effective collaboration and achieve common business goals?
I have gone through multiple cultural training sessions that have helped me understand the fundamentals of many cultures. It helps in customizing the messaging when working with people from different countries. The business goals are always the same. So, if you are able to convince others that we are working towards a common goal and how you are there to support and achieve that, it’s not difficult to resolve conflicts.
Given your background in both law and business, how do you balance legal considerations with strategic business objectives, particularly when advising on high-stakes transactions or corporate governance matters?
In my view, it acts as a plus. Good understanding of business and law helps strike the balance when working with stakeholders from different departments. You are able to appreciate their perspective and help them see yours.
As someone who has been involved in multi-billion dollar transaction deals and has set precedents in legal matters, could you share some key insights or lessons learned from your most challenging cases or deals?
It’s always easy to say “no” but your value is understood by Business when you say it rarely. No business is risk free. So, working towards minimizing the risks could lead to successful outcomes and relationships. There were times when in challenging negotiations, I asked other party questions till I understood the reason for their reluctance in agreeing to something. When I came back home, I did not know what the solution was but since I had understood the problem, it was not difficult to find an answer through some introspection and out of box thinking.
With your extensive experience in areas such as data privacy, cyber laws, and competition law, how do you stay updated with evolving legal landscapes and ensure compliance with changing regulations, especially in the digital age?
I spend dedicated time over weekends to study. I also attend conferences and round table discussions where I find topics of interest. Also, I organize monthly knowledge sessions by law firms on evolving subjects for my team to upgrade ourselves. Interactions with peers from industry also help stay updated. This also helps keep a tab on upcoming trends and it makes it easy to keep pace and stay compliant in the changing world.
Your journey from being a top-performing student to receiving accolades such as the General Counsel of the Year reflects a remarkable career trajectory. What advice would you give to fresh graduates aspiring to pursue a similar path in law and business, especially in terms of navigating challenges and seizing opportunities in the professional world?
Never compromise on your integrity, stay persistent, keep learning and think “out of box”
Can you share with our listeners how your journey led you to the FinTech sector, and how you came to specialize in laws governing the FinTech?
Certainly! My journey within FinTech has been both exciting and fulfilling. It all began with a keen interest in technology and its transformative potential in financial inclusion.
During my early years as a lawyer, I observed the rapid growth and innovation in the FinTech space. I was fascinated by how startups were leveraging technology to create innovative solutions that addressed challenges in the financial industry. This led me to delve deeper into understanding the intricacies of FinTech law which continued to do a catch up behind technical innovation.
As I continued to work with startups, I realized that they face unique legal challenges that require specialized knowledge and expertise. From navigating complex regulatory landscapes to protecting intellectual property and ensuring compliance with evolving laws, startups in the FinTech sector need legal guidance tailored to their specific product offering and target audience.
Over the years, I have had the privilege of working with BankBazaar, KredX, Flipkart and Razorpay leading startups at various stages of their growth. This hands-on experience has allowed me to develop a deep understanding of the industry’s nuances and the legal and compliance frameworks that govern it.
In addition to working directly with startups, I have also been actively involved in the broader FinTech community, attending closed group industry body forum discussions/ committees and seminars, and staying updated on the latest trends and developments in the industry. This continuous learning and engagement have been instrumental in honing my skills and staying ahead of the curve in the rapidly evolving digital finance and payments industry.
You’ve had a diverse career path, ranging from law firm to in-house counsel. How have these different roles shaped your approach to legal advisory within the startup ecosystem?
Starting my career with a law firm provided me with a strong foundation in understanding the intricacies of legal practice and the importance of rigorous research, analysis, and advocacy. Working in a law firm environment exposed me to a wide range of clients and industries, allowing me to develop legal skills and the ability to adapt to different regulatory challenges and scenarios.
Transitioning to an in-house counsel role was a pivotal moment in my career. It offered me a unique perspective by immersing me directly into the operational and strategic aspects of a business. As an in-house counsel, I had the opportunity to work closely with business leaders, entrepreneurs, and cross-functional teams, gaining insights into the day-to-day challenges faced by startups and the broader business considerations that influence legal decisions.
This dual experience has enabled me to approach legal advisory within the startup ecosystem with a holistic and pragmatic mindset. I understand the importance of aligning legal strategies with business objectives, prioritizing risk mitigation while fostering innovation, and providing practical solutions that support startups in achieving their goals.
Moreover, having navigated both the law firm and in-house environments, I appreciate the value of collaboration and clear communication between legal counsel, business leaders, and cross functional stakeholders. I strive to build strong relationships based on trust, transparency, and open dialogue, ensuring that legal advice is not only legally sound but also actionable and tailored to the unique needs of the organization.
What sparked your interest in the FinTech and financial sectors? Could you elaborate on some of the innovative strategies you’ve employed in your legal practice?
I have always been fascinated by how FinTech can break down barriers of reach, scale and physical paperwork, create new opportunities, and redefine the way we think about financial services.
In my legal practice, I adopt a proactive stance towards regulatory compliance. Rather than reacting to regulatory shifts, I work with stakeholders to foresee future trends and develop compliant strategies from the get-go. This approach allows me to navigate the regulatory landscape confidently and strategically.
Additionally, I believe in collaborative relationships between startups, financial institutions, and regulatory bodies. By fostering open dialogue and partnerships, we can create a more harmonious ecosystem that encourages innovation while maintaining regulatory compliance and consumer protection. It is important to have regular open discussions with the regulators and licensing authorities to understand their perspective and their take on risks and consumer protection.
Given your extensive experience in areas such as digital lending, payments, and data protection, how do you stay updated with the rapidly evolving regulatory landscape in the FinTech industry?
Staying updated with the rapidly changing rules and regulations in the FinTech industry is crucial. To maintain a comprehensive understanding, I employ a systematic approach to staying informed. This approach allows me to deepen my expertise, refine my analytical skills, and adapt to the evolving regulatory environment effectively.
Firstly, I regularly read industry news, updates, and legal articles about FinTech. This helps me keep track of new rules or changes that could affect the industry and understand emerging trends related to FinTech.
Secondly, I attend seminars, workshops, and conferences focused on FinTech regulations and compliance whenever possible and actively participate in industry forums. These events provide valuable opportunities to learn from experts, engage in discussions with peers, and explore important issues in the field. Participating in these events allows me to share ideas, learn new strategies, and gain different perspectives on how to address regulatory challenges effectively.
As a mentor and leader, you’ve curated a proficient team of lawyers. How do you foster an environment of responsibility and dedication within your team, especially in such dynamic industries?
A captain is only as good as their team! Creating an inclusive work environment and ensuring equal opportunity within the team has always been a top priority for me. Here’s how we collaboratively approach this as a team:
Clear and open communication is fundamental to our team’s success. By setting transparent expectations and outlining our collective goals, we as a team develop a roadmap that empowers each team member to take ownership of their roles. This clarity not only offers direction but also cultivates a sense of purpose and accountability among all team members.
In the fast-paced FinTech, the power of collective intelligence is invaluable. We foster an environment that encourages knowledge sharing, open dialogue, and teamwork. This collaborative spirit enables us to harness diverse perspectives, drive innovation, and adapt effectively to challenges.
Recognizing the importance of celebrating achievements and milestones, we make it a point to acknowledge each other’s hard work, innovation, and dedication. This approach not only boosts morale but also fosters a culture where excellence is both recognized and encouraged.
Throughout your career, you’ve provided guidance on contract management, regulatory compliance, and legal matters. Could you share a particularly challenging case or project you’ve worked on and how you navigated through it?
One of the exciting projects I have worked on involved advising BankBazaar, my previous employer, on expanding into new international markets. The main challenge was dealing with different rules and regulations in each country about financial services and technology. Each place had its own laws, making it hard to make sure we followed all the rules.
To tackle this, I led a team to study the rules in each country carefully. We looked at what the local regulations were for the FinTech industry and what risks we might face. Based on this research, we created a detailed plan to help us follow the rules in each country while still achieving the company’s goals.
Reflecting on your journey, what advice would you give to fresh graduates aspiring to pursue a career in law, especially those interested in specializing in the FinTech sector?
Here’s some advice I’d give to fresh graduates aiming for a career in law, especially in the FinTech sector. First, focus on developing your critical thinking and problem-solving skills. These skills will help you tackle complex legal issues and find innovative solutions, making you stand out as a valuable legal professional. Second, be resilient and adaptable. The world outside law school can be challenging, so having the perseverance to overcome setbacks will help you grow stronger in your career.
Next, stay updated with technology and legal advancements. The legal sector is constantly evolving, and being tech-savvy will help you work more efficiently. Also, practice negotiation skills. These abilities will be crucial when resolving deadlocks and securing positive outcomes for your clients. Additionally, seek out a mentor or guru in your field of interest. I was fortunate enough to find one who guided me through both professional and personal challenges, providing invaluable insights and support.
Can you share with us the pivotal moments or influences in your life that led you to pursue a career in law, especially considering your background in commerce?
I finished my CS and Law in the same year and started my career as a Company Secretary in Delhi. Soon after that I realized that a CS was potentially working (and reporting) to either a CFO or a GC. Since I already had a degree in law, I wanted to clearly pursue that path. However, it was only after I was really mentored by the Senior Counsels in GE that I could really see that world as to what their day was like. I tried my hands on small assignments, thanks to my mentors in GE, which were given to me with no formal change in my role, but I was quite happy to see that dimension of profile additionally. This motivated me to then take a step further and eventually move from core CS role to Legal Counsel role in my career.
You’ve navigated through various sectors, from real estate with Emaar to transportation with Bombardier and now at Alstom. What drew you to specialize in legal affairs within these industries, and how do you adapt your expertise across different sectors?
In Emaar, I worked as a company secretary where I reported to Head – Legal and CS. I could see how busy but passionate he was in delivering all the assignments making sure that Emaar was progressing well on its growth path in India. It was my first job, so I was handling whatever came my way, which by the way was unbelievably exciting for someone who had just started the career. Apart from litigation management, I believe I was exposed to almost all major corporate transactions during my tenure.
In GE, again joined as a corporate governance person but with a very small team. Thankfully, I had my previous experience and so managing compliances for a substantially lesser number of companies was quite relaxing. However, here I developed and delivered our solutions on the parameters of cost, speed, and quality. This very concept made me independent in terms of taking my own decisions and selling the ideas to bosses and eventually to other businesses that we were supporting. I also started informally working with senior counsel in GE on legal agreements. I could see how a lawyer / governance person can impact the business and the board of directors do listen to them!
Bombardier (and now Alstom) has been an entirely different journey. Just after joining, in 4 months I was heading the function which continues till date. This demanded from me that I not only understand the business as a whole or the issue but derive the solution and own it. Whether it is public procurement, competition law, contract laws, numerous agreements, litigation, IPR, investigations, mergers, de-mergers, negotiations with suppliers / joint venture partners / customers, setting up an entire function, developing teams, simplification, supporting other regions beyond India, handling an international team…thanks to this profile I have done it all and still find every day as exciting as it was my first day.
Your journey encompasses experiences in both burgeoning companies like Emaar and established giants like General Electric. How have these contrasting environments shaped your approach to legal affairs and leadership?
A Company like Emaar which was so well established in Dubai was entering into India and at the time when real estate was booking (prior to 2008 financial crises in the US). I witnessed aggressive growth, numerous due diligence exercises, and finally preparing for one of the biggest IPOs in real estate (although didn’t get successful). Within a year we were working with investment bankers independently while tremendously supported by our managers. Everything was a ‘first’ that we did there and brought a unique experience. My core learning has been speedy delivery and workload management here.
GE on the other exposed me to apply my learnings but in a more organized manner. There we specialised how simplification even in a Governance function can enable the businesses. It was great learning how a governance function can focus on cost, speed and quality and support business.
Bombardier (now acquired by Alstom) has been an entirely different world where I have seen business very closely. In order to adapt in a company like Alstom (and Bombardier) which works with government for building the railway transportation in the country, the biggest pillars of my profile are enabling the business by anticipating the risk while giving approval; and then immediately after winning the business, making sure that in the project execution we make sound progress by addressing all contingencies and surprises. By far, this very role where I am working in all dimensions (bids, projects, legal affairs, governance and compliance) has taken me to simply great heights in terms of analysing the problem and carving out strategy for resolving the issue for the company.
Even after working in these different companies and environments, my learning underscores the paramount importance of integrity and a genuine concern for individuals.
As someone who has managed complex legal matters across multiple regions, what are some of the key challenges you’ve faced in ensuring compliance and effective contract management, especially in diverse cultural and regulatory landscapes?
Culture plays a very important role not just in doing business or solving legal issues, but also managing the teams. At one point I had the privilege of handling 7 lawyers from 7 nationalities, and this has been a surreal experience.
From customers and partners standpoint, it is extremely important which are the areas that are most important for them as part of their brand equity or their culture. That area may not be relevant in other regions or strangely enough, in fact customers in one country may definitely want you to provide a better solution compared to the country you are coming from. This is very sensitive and must be handled very carefully. Negotiation, resultantly, becomes extremely crucial as to how we can still put forward our proposal.
I still remember, I was in South Korea doing one negotiation and the potential local partner asked me a question. I said “yes, agreed”. And then he continuously asked me the same question. I said “yes” again and again. My European colleague who was a business development director then intervened and said, “which part of Y-e-s is not clear”? and then we all laughed.
My learning is that all the efforts must first go into developing trust with a diverse and cross-cultural environment. This is non-negotiable and anyone can sense it beyond the boundaries of language.
On Compliance, it is extremely important that the message is understood in the same way it was delivered. A simple training like dawn raid may not be fully understood by a team of engineers sitting in another country who have no relation with such matters and yet you want that everyone must understand it well as you can’t be present in that premises personally. This is my personal experience when I did a compliance tour in India, Thailand, Malaysia and Singapore. I thought I could repeat the slides which I have done many times, but the fact that I was going to engage with entirely different nationalities made a huge difference. In India, for e.g. for a competition law training, I can bring the BCCI case and cricket. Not possible for countries which have no relation or craze for cricket for instance.
Your role involves leading multidimensional teams comprising lawyers, company secretaries, and engineers. How do you foster collaboration and ensure alignment towards common goals within such diverse teams?
It is a natural reflection of people that probably they are working with their different objectives and have no connection whatsoever with other team members in different profiles. Yet somehow, they must report to one manager. This mindset requires change otherwise function can’t deliver.
My endeavour is to first of all make them understand in an open meeting what every sub-function is doing and how they contribute to organizational goals. At the same time, they are informed that a decision on a particular matter requires concurrence of these functions together. Beyond the individual objective setting cycle, I don’t shy away from sharing country level larger objectives to practically tell them how they will be achieved by way of collective working.
Cross alignment is also ensured with one function taking a lead and inputs from other functions are obtained. For instance, when we are doing a new business review (bids), then legal counsel will take all the lead and work on the risk profile, however, he/she is expected to take the lessons learnt from current projects from a contract manager who happens to be an engineer. Likewise, a contract manager, while addressing a key item to a customer which can become a potential issue later, must be supported by a lawyer to set the tone, language, intent and evidential value.
Lastly, there are team motivational ideas which we work on in which all the heads of these 3 sub-functions make a cross functional team and engage with all the members. This has turned out to be a very good tool for us for having camaraderie among the team members.
With your interest in astrophysics and metaphysics, how do you integrate these seemingly disparate interests into your professional life, and do they influence your approach to legal strategy or problem-solving?
Both these topics provide a broader perspective and deeper understanding of the world around us.
I have personally become a better listener after paying attention to these topics. Inclusiveness requires you to open your mind first and destroy the ‘I’ factor. I don’t think there can be any better tool than learning about the Universe and metaphysics for this.
These topics also touch upon ethical considerations and understanding these concepts can help us make decisions that align with right values.
It also involves complex and abstract thinking which can improve the problem-solving skills.
I truly believe that this unlimited and never-ending knowledge of Universe and metaphysics can lead to personal growth and development. This can improve self-awareness and emotional intelligence which are important factors in decision making.
You’ve been recognized for your contributions to the legal field, receiving awards such as the Asia Law Business Award for Best Transportation Legal Team. Could you share some insights into the strategies or initiatives that have contributed to such recognitions?
LEGAL: With an astounding amount of around 1 lakh crores of tenders submitted during 2023, the legal teams comprising just 3 members have supported the business with more than 30 tenders during the year. The tenders span across railway stock, railway signalling, and railway services segment with multiple customers in Central and State Governments. The terms and conditions of such tenders are influenced by international funding agencies in addition to Govt of India Public Procurement guidelines, ‘Make in India’ orders and Restriction orders related to land borders; amidst all other legal nuances. The team also has been engaged in strategic partnership discussion where they play a pivotal role in supporting the business teams. While the team delivers on this key task, their focus continues to remain on adopting legal tech and automation.
CONTRACT MMANGEMENT: The average project lifecycle is 7 years for urban rail transportation projects and more than 30 years for mainline railways including long term maintenance contracts. With a team size of 20, the contract management team has been successfully executing as many as 50+ large railway contracts with various government customers for delivering the backlog. Their key deliverable during last year has been successful cost avoidance, cost claim, variation orders, cash negotiations, liquidated damages avoidance.
CORPORATE GOVERNANCE: With 6 industrial sites, 2 major engineering centers, 3 legal entities including 1 Joint Venture with Indian Railways, Employee trusts, multiple committees, around 14 Directors across entities and 1 Branch Office of foreign associate in India, the company not only caters to domestic project needs, but also delivers for international projects. Corporate Governance in such a scenario becomes extremely important and at the same time crucial for meeting the compliances for the company. Our CS team during last year, has completed a strategic merger, strategic dividing in joint venture, capital repatriation going beyond the routine compliances.
While we focused and achieved these strategic deliverables, I am very happy and proud to share that our teams have taken special initiatives in process automation, data analytics for risk management, legal tech solutions and developing KPI metrics for themselves.
Considering your extensive experience and achievements, what advice would you offer to law graduates aspiring to embark on a successful career in the legal field, particularly in the dynamic landscape of corporate law and compliance?
I would recommend the following to my young friends:
Education was a ticket through which you have (or will have) entered into an organization. The company hired you for your excellent education but also had expectations in mind that you are capable of picking up what they would like you to do. They know that you will take time to learn and grow. That’s what you must prove.
Be inquisitive. Start asking questions as soon as you enter an organization. This is extremely important for a lawyer and business counsel. Understanding the business model is extremely important at first than understanding the issue at hand.
Learn the cash cycle of the company / your client as to how a company earns its own money. Always remember that any decisions that you will take as a GC / Practising Advocate eventually will impact the business of the company. Moreover, even if you are preparing to work as a Compliance Manager, this will really help you.
In the initial learning years, unless absolutely necessary, don’t be in a hurry to say “no, this is not my job”. This is one of the most important things that has helped me personally. I have understood the entire business just by helping someone in his problems whether it required a legal opinion or not.
You are a good lawyer if you can derive a solution which helps your company and client. But you are on a path to become a better lawyer if someone has trust in you with his personal issues. Develop that trust!
Could you please share your journey of how you ventured into the legal field, especially considering your extensive experience in both litigation and corporate advisory roles?
I again wanted to study after my divorce as I had the responsibility of a child. One of my seniors and guide introduced me to litigation. When I stepped in Delhi High Court for the first time, I knew this was it. I interned all throughout my LLB during free time and started my own firm after passing the BAR exam. Litigation has always been my passion and while I was in transactional profile for one of the organizations, I requested the organization to assign litigation to me.
With over 14 years of experience in litigation, arbitration, and legal strategy, what significant lessons have you learned along the way that have shaped your approach to handling high-stakes legal matters?
Legal profession is practice and not every day is the same, patience, perseverance and discipline are key to surviving and eventually succeeding. To manage high stake matters, one has to have an eye for detail, early stage risk evaluation is must, multiple scenarios have to be worked out and strategies have to be prepared for the same in advance.
You’ve held various positions in both legal and entrepreneurial domains. How has your entrepreneurial experience influenced your perspective and approach as a legal expert?
My entrepreneurial experience made me understand the actual difficulties of the businesses and business teams, which made me a solution finder. It’s a well-established fact and has been a matter of research that if a solution is not holistic it’s not a solution but a long-term liability. This understanding is an asset for me, that the solutions or negotiations can’t be one sided and has to be made basis keeping holistic business welfare/ organizational welfare in mind.
As someone deeply involved in corporate advisory and transactions, could you elaborate on how you integrate legal strategies to mitigate risks for senior management within companies?
Knowledge set enhancement by keeping an eye on latest developments in the field of law always helps, connecting with the peers in the industry helps, usage of right risk mitigations tools is key these days due to dynamic legal/ business environment and employee training are key.
Your profile mentions expertise in stakeholder management at the company board level. How do you navigate the complexities of legal matters while ensuring alignment with broader business objectives and stakeholder interests?
I have managed stakeholders in regulated industries and across the industry and also at the internal company level. I would say 80% of any job done is people management and 20% is actual work, if you know people, their requirements and you can achieve it in a holistic manner. One should develop soft skills and enhance knowledge set to keep up with the stakeholders.
Given your background in setting up legal teams and managing cross-functional collaborations, what key strategies do you employ to ensure legal objectives are met efficiently, both in terms of time and budget?
While setting up the team, one must be mindful of the environment, policies and expectations of the organization. Right fit is difficult to find but it’s better to work hard in the beginning rather than struggling for long after a wrong person is hired. One has to have clear objectives, right partnerships with law firms/ other support organizations, ensuring budget is adhered to by having right contracts in place, evaluation of external counsels performance, etc are a few key aspects one has to keep in mind.
Your experience spans across multiple industries, from aviation to fintech. How do you adapt your legal expertise to address the unique regulatory challenges and compliance requirements of different sectors?
Fundamentals of law remain the same. As lawyers we are used to reading/ research and if one surrenders to learning, one can work in any domain. The best part about being a lawyer is that we can work in any industry. One should look at the right value, skills can be learnt.
Lastly, drawing from your wealth of experience, what advice would you offer to fresh law graduates who are stepping into the legal profession, particularly in terms of navigating the complexities of litigation, corporate advisory, and stakeholder management.
Focus on basics and fundamentals of law, be flexible, don’t let biases affect you. People see you as a success after hard work of 10+ years, till then it is tough for a first-generation lawyer. But if you follow the code, you will succeed, just believe in yourself. Another thing I have always believed is that nothing is impossible and don’t follow the rigid thought process, be flexible in approach and strategies. I always wanted to experience all the fields of law, and thus, I ensured that I work in varied profiles and not stick to one stream. I am a generalist and I believe that as lawyers we can venture into any aspect of law as and when needed (litigation background helps here).
Can you please share a bit about your journey into the field of law? What initially drew you to pursue a career in this field, especially with a focus on corporate law?
I am an accidental lawyer (lawyer by destiny not by choice). My journey into law was unexpected while growing up, I never imagined myself as a lawyer. During my school days I was crazy about sports (especially cricket), I wanted my passion for cricket to turn into a profession. I represented my state J&K in multiple youth competitions organised by BCCI. For a number of years, I went through the ranks of representing J&K in various national level trophies U-14, U-16 and U-19, which included Vijay Merchant, Vinoo Mankand & Cooch Behar Trophy. Also, I was among very few to have achieved a unique fear of being selected to play a national level university tournament (Vizzy Trophy) for Kashmir and Bangalore University. However, God had some other plans and I ended up being a lawyer.
During my college days, I just wanted to finish 3 years of my 5-year law course and get back to cricket. I had enormous support from my college, teachers, staff and friends during my entire law degree. It was because of few well-wishers in the college, I ended up staying back for 5 years and completing my law degree. Honestly speaking without those individuals, I wouldn’t have completed my law degree – A big thanks to all of them.
After finishing my law, I took a break for a few months and started to think about my future. At that point my cricket was going as I expected and I made the decision to dive into law as a full-time career. I always wanted to start my law career away from my hometown and by doing so, I kind of restricted my areas of practice. How did I choose corporate law as a career option? I had limited options and time was running away, in my personal opinion to have a flourishing career in private practise it is important that one should be proficient in the local language of that particular place and the other option was to get in corporate side of law and catch up on the learnings which I had missed doing during my college days (like doing internships). I chose the latter, I wanted to develop strong business acumen and a solid legal foundation, corporate law just provided me the perfect platform. Also, corporate law exposes you to different laws/ regulations, you are hand in hand with various strategies of business, helps you understand the market dynamics and you are among the early adopters of new technologies around the world. These are a few reasons which were aligned with my interests, my education and my personality that I chose corporate law, and the journey hasn’t been an easy one.
Ranging from data privacy to cybercrime protection, how do these certifications contribute to your approach to legal counsel, particularly in a fast-paced environment like the banking sector?
Continuous learning is a key for any legal professional and in current times one needs to adapt to the constantly evolving legal requirements. The modus operandi of crime is rapidly shifting toward the internet, in India alone last year (2023) 1.13 million cases of financial cyber fraud were reported. So, it becomes pivotal for a legal profession to understand these new requirements and develop an approach which protects your organisation from getting exposed to these modern-day crimes regardless of the industry.
These law courses and certificates are a good source to gain specialized knowledge in different areas of law. It has definitely helped me to gain practical skills that are required in understanding, tackling and overcoming these new changeling regulations. I also make it a point to attend as many workshops, seminars and webinars conducted by various renowned law firms on the subject of data privacy and cyber security, as these events are very rich in content and backed by practical experiences. I would recommend all the future professionals to participate in these events (when time permits), this would enhance their learning and help them in developing new skills.
As a Senior Legal Counsel at Standard Chartered Bank, you’ve been deeply involved in various aspects of contract drafting, negotiation, and compliance. Can you elaborate on how you balance the need for legal rigor with the demands of driving business growth?
In the era that we are in, the role of an in-house lawyer has changed significantly from a decade ago. We need to act as business enablers rather than just legal advisers, this “value add” helps business growth of organisation.
While being a business enabler, one must not forget that in-house counsel is the gatekeepers of an organisation. So, it is critical to deploy agile ways of working that adds commercial value to the organisation while keeping it safe, enabling it to achieve its strategy objectives with high integrity. In my current role the expectation from me is to provide advice proactively, be a business enabler, think in terms of risk (and reward), and draft documents in line with business expectations and regulatory requirements. I often get asked by my stakeholders to find solutions to various difficult questions and grey areas. But I do keep in mind my professional duty of acting in the best interest of the organisation and therefore it becomes important for me to view the question from a very different perspective than my business colleagues. While drafting or during negotiation of a particular transition regardless of the monetary value, I ensure strict adherence to the legal/ regulatory obligations, eliminating any possibility of non-compliance.
A crucial aspect of maintaining consistency in a rapidly evolving industry that prioritises business expansion is by knowing the boundaries between what is lawful and right (doing the right thing).
In your role at Standard Chartered Bank, you’ve been instrumental in managing complex M&A activities and supporting various global initiatives. Could you walk us through a particularly challenging project you’ve tackled and the strategies you employed to navigate it successfully?
Standard Chartered is an amazing place to work, especially the legal department. I have grown leaps and bounds over the past few years and gained valuable experiences. A big shout to my colleagues, the legal management team and my people leader for having faith and trusting me to take a lead on some of the complex initiatives, giving me absolute freedom to plan my strategies around these projects.
It’s quite difficult to pick one project, honestly every project or every transaction that I’m part of has its own set of challenges. One simple rule which I follow in my day-to-day activities is that while I am working on a matter, whether I am drafting or during contract negotiations, I never look at the names of the people/ organisations on the other side of the table, I keep my (woodpecker) focus on what is beneficial and risk free for my organisation. Last year I was given a task to empanel some of the best law firms in the world on the Bank’s global legal panel. The purpose was to use the expertise of these firms in complex scenarios across the Bank’s physical and digital footprint. The negotiations were intense and engrossing not only on the provisions of law but on policies as well, the successful completion of the project resulted in many appreciations and me getting an award.
Collaboration seems to be a recurring theme in your career, from brokering alliances with law firms to supporting cross-functional initiatives within the bank. How do you approach building and maintaining productive relationships with diverse stakeholders, both internal and external?
The knowledge of the law remains one essential skill to be successful as an in-house counsel. However, the ability to develop strong relationships with stakeholders inside the business, outside counsel, and other external stakeholders to the business is critical and a crucial soft skill one must possess. Better working relationships lead to better teamwork which will help you to be less stressed, more engaged, more productive and avoid time-consuming disagreements.
I keep it very simple, there is no rocket science in developing this soft skill, I always put myself in others shoes to understand their requirements or pain points. First and foremost, in a house role your need to understand the business requirement, have a clear communication with internal stakeholders, clear any ambiguity, be an active listener, values their inputs or suggestions, provide them clear expectations/ timelines, go back to the drawing board and come back with a solution which should be within the boundaries of your organisational policies and regulatory requirements. Once all the internal stakeholders are aligned with the solution, I would engage the external stakeholders and replicate the similar process of communication. From many years this has really worked well for me and I have been able to build a very strong working relation within my organisation outside as well.
Your experience spans both in-house counsel roles and consultancy positions. How do these different perspectives inform your approach to legal counsel, particularly in terms of understanding and addressing the needs of your clients?
After 5 years of working in a corporation, I decided to take a bold and conscious step of moving out of corporate and getting into the consultancy side of law. The move wasn’t a knee jerk reaction instead it was a thoughtful decision, the primary reason being getting involved in complex legal work. The roles which I was doing in corporate were completely driven by processes and SOPs and barely required any intellect or any out of box thinking, so I felt I was restricting my skills, plus I wasn’t gaining any new knowledge apart from getting to know the corporate culture in India works (which sometimes is toxic). The move was challenging and I knew from the start it was not going to be a walk in the park, initially I started attending courts in Bangalore. After a few months, I got a retainer from a hospitality organisation and that was my first client. I was given an initial task to streamline their policies, website T&C’s, service agreements, and initiate an IP suit. I was able to successfully complete all the tasks and they offered me a permanent role, but I ended up rejecting that and continuing as a consultant. During the same time, I met a GC India of a large pharma conglomerate and he gave a task of initiating money recovery suits against many of their non paying clients, it was a 90 days assignment. I ended up working as a consultant for them for close to two years, streamlining contracts, managing external legal counsels, leading a winding up petition against a big hospital chain in India and closing down a few manufacturing factory units in India. The period of 3 years working as a consultant with many clients ranging from pharma, ecommerce, hospitality and media agencies gave me a rich experience of handling different legal requirements, which in turn helped me grow as a sound legal professional.
I never changed my approach towards work whether it was during my time as consultant or in house role. The basics of lawyering remain the same, doing the proper discovery, immaculate drafting, understanding the need, interpretation of statutes keeping in mind that your client or business is from a non-law background and being confident/ consistent. Yes, a minor adjustment here and there that’s all was required while performing the roles. The legal needs of clients or businesses mostly revolve around being proactive (safeguarding measures) or in some cases being reactive (remedial actions).
Lastly, considering your extensive experience and achievements, what advice would you offer to law graduates aspiring to build successful careers in the legal profession, particularly in navigating the evolving landscape of business and compliance?
Smile! I am still learning, I firmly believe achievements are yet to come, I can just relate it to my playing days, that I have just got into double figures and I need to convert this into a big hundred and then celebrate, so there is a long way to go.
Legal profession is a noble profession, you should be trusted advisers, upright citizens and honest in your approach. Your interests should not be our own, but should be those which align with the discharge of your duties to the law, to your client and as per the oath.
As a budding lawyer, if your interests are in helping people in your day-to-day life, being an inspiration or being real (not role) model in society, here are few tips which you can be fruitful and helpful:
Stay Humble and Grateful.
Continuous learning.
Be Forthright.
Exercise Diligence.
Go above and beyond.
Have Integrity.
Trusted Advisor.
Celebrate Success.
Smile.
Also, you must spend time on becoming a lawyer of the future; a lawyer who is not only fluent in the law, but also the commercial and customer-centric demands of the profession (O shaped Lawyer). You need to bring in a change to the public perception of lawyers, which in many societies today is that lawyers are ripping off people, greedy, selfish and arrogant. Lawyers have a fantastic opportunity to make significant contributions to society. You are privileged, educated, articulate and hard workers – make use of your skills. As a young legal professional raises your bar, you should be beyond reproach, something that others strive to be like, and something you should be honoured to be a part of. There is no short cut to success as you keep learning, you need to put in some hard yards to master the art and by doing so you will evolve as a professional.
Could you share a bit about your educational journey, particularly how you transitioned from your LL.B. degree to pursuing LL.M. in Intellectual Property Law at The George Washington University Law School?
While completing my BA.LL.B, I enrolled in a diploma course in Intellectual Property Laws at the Indian Institute of Law during my third year of law school. It was during my fourth year, as part of my curriculum, that I delved deeper into Intellectual Property law, sparking a keen interest in the subject. By the time I reached my final year, my aspiration for higher education had crystallized, leading me to forgo immediate employment in favour of pursuing advanced studies. I applied to several esteemed law schools in both the US and UK renowned for their offerings in Intellectual Property Law. Upon receiving admission to George Washington University, widely recognized for its excellence in this field, my decision was made without hesitation.
Your LL.M. focused on Intellectual Property Law, among other areas. What sparked your interest in this field, and how has this specialization influenced your career path?
I became interested in intellectual property law (IP) while studying it during my undergraduate studies. It is fascinating because it mixes law, technology, creativity, and new ideas. During my LL.M., I became even more interested in the subject. In today’s corporate landscape, whether working as a corporate lawyer for a multinational corporation in industries such as oil and gas, IT, pharmaceuticals, or others, it’s imperative to have a keen awareness of the intellectual property (IP) owned by your company. Understanding how to safeguard these assets from infringement is paramount. My master’s degree in Intellectual Property Law has played a pivotal role in meeting this requirement. I’ve found that understanding and safeguarding intellectual property is crucial for the success of any company. It’s been instrumental in my ability to comprehend and effectively protect the intellectual property assets of the organization I work for.
You’ve had significant experience in both law firms and corporate legal departments. How did these varied experiences shape your understanding of legal practice, especially in the context of intellectual property law and corporate governance?
Upon completing my master’s degree, I sought advice from industry peers and well-wishers who advised me against exclusively focusing on IP at the outset of my career. As a result, I began my career in litigation. After gaining experience in litigation for several years, I transitioned into a role as a corporate lawyer within a software company. It was within this company that I once again engaged with IP matters. Particularly during negotiations for licensing agreements, my prior experience with IP proved invaluable.
Can you elaborate on your role as a Principal Attorney at McDermott, specifically in the domain of sustainability and governance? How do you integrate legal expertise with sustainable practices within a corporate environment?
As Principal Attorney at McDermott, my responsibility is to assist our supply chain team in their endeavours to procure materials and services essential for project execution. In addition to contract negotiation, my team and I provide legal training to enhance their understanding of relevant clauses, thereby empowering them during negotiations. Ensuring adherence to the code of business conduct is paramount in all our activities, particularly concerning sustainability and governance initiatives.
You’ve worked extensively in drafting and negotiating various contracts, including those related to engineering procurement. How do you navigate the complexities of legal frameworks across different jurisdictions, given your experience in regions like the Middle East, India, Europe, and Africa?
In our contractual agreements, we opt for common law as our governing jurisdiction. This choice is deliberate, as contracts governed by common law principles share remarkable similarities across various jurisdictions worldwide. This uniformity simplifies our navigation of legal frameworks and enhances our ability to manage contractual obligations effectively across different regions and jurisdictions.
As someone deeply involved in legal compliance and risk management, how do you stay updated with evolving regulations, especially in areas like intellectual property and corporate mergers?
As someone deeply involved in legal compliance and risk management, staying updated with evolving regulations, especially in areas like intellectual property and corporate mergers, is crucial. I employ various strategies to ensure I’m informed about the latest developments. This includes continuous learning through workshops and seminars, staying updated with legal publications and journals, active participation in professional networks, regular engagement with legal counsel, and monitoring government and regulatory websites for official updates. These efforts enable me to proactively manage legal compliance and mitigate associated risks for our organization.
Transitioning from law school to your current role, what were some of the challenges you faced, and how did you overcome them? Are there any lessons you learned along the way that you would like to share with aspiring legal professionals?
It has been over a decade since I graduated from law school, and I must say, it has been a journey of continuous learning for me. Transitioning from litigation to corporate law posed its challenges. Initially, my experience in litigation wasn’t fully recognized, and I found myself starting from scratch in the corporate world. However, as time progressed, my background in litigation has proven to be advantageous. Today, it gives me a unique edge over other corporate lawyers.
To all aspiring legal professionals, I offer this advice: remain open to learning every day. Be like an empty vessel, ready to absorb new knowledge and experiences. This mindset is essential for growth and success in the legal field.
Finally, considering your journey and expertise, what advice would you give to fresh law graduates aspiring to build a successful career in intellectual property law or corporate governance?
For fresh law graduates aspiring to excel in intellectual property law or corporate governance, specializing and staying informed are paramount. Choose a specific area within these fields and immerse yourself in its intricacies, constantly updating your knowledge with the latest developments and regulations. Practical experience is equally crucial; seek internships or entry-level positions to gain hands-on exposure and insight into real-world applications. Additionally, effective networking is key to building a successful career. Engage with professionals in the industry through events and associations, fostering relationships that can provide valuable guidance and opportunities for growth. By combining specialization, practical experience, and effective networking, aspiring legal professionals can lay a strong foundation for a rewarding career in intellectual property law or corporate governance.
Could you please share a bit about your journey into the fintech sector and what initially drew you to this industry?
My journey in the fintech space started with Ola Money. When I joined Ola, I was initially working on Ola cab and other core Ola businesses. But soon an opportunity presented itself for me to take up the Ola Money charter. I wasn’t sure about what it involved (since I hadn’t worked on financial products before), but took it up as a challenge and a chance for me to learn something new. Since then, there has been no looking back for me – with Ola Money (now Ola Financial Services) and now Amazon Pay. The excitement I felt when I first started working in the fintech space, is something I still feel today. The fintech space has seen tremendous growth in the past decade, a trend that I expect will continue. I am grateful I had the opportunity to explore this sector, and work on a range of fintech products over the years, including wallets, postpaid payments, insurance, payment aggregation, mutual funds and more.
You’ve had experience working both in-house and with law firms. How do these experiences differ, and how have they shaped your approach to legal counsel?
That’s right, I started my work experience in law firms, and then moved to in-house roles. I personally think I got to experience the best of both worlds. The law firm experience is what helped me understand and learn the intricacies of law, and its application to everyday issues. This formative experience laid the groundwork for my subsequent transition to in-house roles. When I moved to an in-house role, I had to further learn how to translate legal advice into on-ground executable inputs, and how to deal with ambiguity. I had to analyze situations from multiple perspectives (business, tech etc.), evaluate risks, and make informed decisions in the absence of absolute certainty. I believe these experiences have made me a much better lawyer as I am able to understand and appreciate both the business and compliance aspects of operating a business.
With your extensive background in regulatory compliance, particularly in emerging areas like fintech, what challenges have you faced, and how have you navigated them?
Working in emerging areas presents a unique set of opportunities and challenges that make work both exciting and demanding. There is a constant exposure to the unknown! Almost every day brings forth a new scenario, a fresh set of variables, or a problem that requires novel solutions. This situation demands a combination of creativity, critical thinking, and a willingness to explore new paths.
In the absence of established precedents, the ability to exercise sound judgment becomes paramount. Making informed decisions in the face of ambiguity requires a deep understanding of the subject matter, a thorough analysis of available information, and the capacity to weigh potential risks and benefits. It is a skill that is honed through experience and continuous learning.
I have also found that regulators are very open to engagement and discussions. This creates a collaborative environment where regulators, industry participants, and stakeholders can work together to shape policies and regulations in a manner that promotes innovation, while ensuring public safety and welfare.
So if I had to summarize, working in emerging areas offers a dynamic and ever-evolving environment where the unknown becomes a catalyst for growth and innovation. It is a space where individuals with a thirst for learning, a knack for problem-solving, and a commitment to excellence, can thrive and make a meaningful impact.
Could you elaborate on your role as a strategic business advisor for legal compliance in new business operation areas? How do you stay ahead of the curve in such dynamic environments?
As a legal counsel, it is crucial to operate as a strategic partner, collaborating with business to ensure we navigate the regulatory landscape successfully, and supporting innovation at the same time. This involves providing comprehensive advice and guidance that goes beyond the letter of the law, encompassing the spirit and intent behind regulations as well. In most instances, I have seen the goal of the regulations and business to be the same – give customers a product/ service offering, which is safe, secure, and easy to use.
To stay ahead of the curve, it is important to stay on top of new regulations, actively engage with the industry and regulator, and track what is happening in the industry. To balance what business wants, what customers want and what regulations mandate, is a fine balance.
Having worked with giants like Amazon and Ola, what have been some of the most significant legal considerations unique to these tech-driven businesses?
I have realized that each company is unique, having its own set of distinctive characteristics and objectives! For instance, I have worked on the wallet business in both Ola Money and Amazon Pay, but the kind of work I have done in both organizations is very different. Like I spoke of earlier, the advice varies considering what a particular business wants to achieve, the applicable legal considerations, technology build and so on. So, my advice would depend on various such factors.
These varied experiences have taught me that there is no one-size-fits-all approach when it comes to designing and implementing business and legal solutions. Each company has its unique set of requirements, customer base, and business model, which necessitates a tailored approach. Understanding these nuances is important in providing effective counsel. Also, one needs to apply the right judgement and understanding of what the regulations require, in letter and spirit, including what changes to expect, and how customers may perceive something. Factoring all this into my guidance is a critical part of how I work.
Your educational background includes an LLM from the London School of Economics. How has this academic pursuit influenced your career trajectory?
Education has always been a fundamental aspect of my life. Growing up, my family instilled in me the significance of acquiring a quality education. I think I always knew that pursuing a Master’s degree would be a natural progression for me. After my studies at Symbiosis, I applied for a Masters in the UK and was fortunate enough to get into LSE, where I completed my Masters in Law in Corporate and Commercial laws. My LLM experience was truly remarkable. I tried to make the most of it not just by focusing on studies (with some amazing professors), but participating in extra-curriculars, absorbing new cultural experiences, and making friends from all corners of the globe! Meeting individuals with varied backgrounds at LSE was a transformative experience. Their experiences and perspectives broadened my understanding of the legal profession and exposed me to various career options available to me. These interactions played a pivotal role in shaping my professional aspirations and goals.
From drafting and reviewing contracts to undertaking due diligence, you’ve covered a wide spectrum of legal tasks. Can you share a particularly challenging or rewarding project from your career?
I know it will sound like a clichéd response, but honestly, I don’t think I can pick something in particular. Each experience I have had so far, has helped shape me into the person/ legal counsel I am today. What is most rewarding for me is to work to solve problems/ challenges for customers, and every day that I am able to do that, it keeps me going! I have been working in the fintech space for almost a decade now, and I have been blessed to see this space grow and innovate. Being part of this journey has been very rewarding to me!
As someone with rich experience in the legal field, what advice would you offer to fresh graduates aspiring to pursue a career in law, especially in the realm of corporate and commercial law?
Firstly, one size won’t fit all! So my advice is purely based on what I have experienced. As a fresh graduate, I would say your main focus should be on learning. Find opportunities where you can do that, and build a strong foundation. Embrace opportunities to learn from senior colleagues, attend workshops/ seminars, and engage in continuous professional development. Also, don’t feel pressured to pick a specialty area of work right out of college. Experiment and try new things. When you do end up specializing down the line, you will be clear on what you want.
What has also helped me during this entire journey, was having some great mentors. If you are fortunate enough to have a mentor, actively seek out their knowledge and learn as much as you can from them.
Could you share with us your journey from being a private practice lawyer to transitioning into corporate legal work? What inspired this shift in your career path?
Absolutely! My legal journey started in the courtroom. Litigation was exhilarating and the adrenaline rush was unmatched. While in private practice I got to meet business leaders and in-house counsels and that sparked my curiosity. I liked the idea of moving from reacting to legal issues to proactively preventing them. Corporate legal work is a different kind of challenge, but equally rewarding, and more aligned to my interests. It is a fascinating intersection of law and business, and that’s what keeps me energized.
With over two decades of experience in legal and contracts support for various MNCs, what motivated you to specialize in business law and pursue further education in this field?
In the past two decades the landscape in law and business has constantly evolved and how!
New regulations emerged, technology transformed business models, and the global market became even more interconnected. I saw a growing need for legal expertise that wasn’t just about litigation or specific statutes, but one that could anticipate and adapt to these fast-changing dynamics. This drew me to specialize in business law. There is a need and opportunity to bridge the gap between legal intricacies and real-world business challenges. Lawyers who can bridge this gap can bring a lot of value to businesses.
Given your extensive background in legal review, commercial transactions, and leadership roles, how do you perceive the evolving role of in-house counsel in modern multinational corporations?
In-house counsel is no longer just the guardian of compliance. The modern landscape of MNCs demands a new breed of in-house counsel – one with a foot in both the legal and commercial worlds. Here is how I see the role evolving:
· Business Acumen: The new in-house counsel speaks the language of business and translates legal complexities into actionable insights for business leaders.
· Collaborative Catalysts: The new role of in-house counsel requires us to break down silos and foster strong relationships with internal stakeholders.
· Global Mindset & Cultural Awareness: MNCs operate across diverse cultures and legal systems. In-house counsel of new MNCs need to be culturally sensitive, understanding local nuances and navigating them effectively.
In essence, the ideal in-house counsel today has evolved from a legal SME to an SME, translator, and a collaborator all rolled into one. It’s an exciting evolution.
You mentioned the importance of understanding business challenges and collaborating with business leadership. Could you elaborate on how this approach has shaped your role as General Counsel at Contemi Group?
At Contemi, fostering a collaborative environment where legal expertise empowers business decisions has been a cornerstone of my approach. Here are a few ways this has played out in my role:
1. Strategic Partner, Not Just Legal Gatekeeper: I don’t see myself as someone who simply says “yes” or “no” to contracts or legal queries. Instead, I work closely with business teams from the outset, understanding their objectives and potential risks. This allows us to structure deals together that are not just legally sound, but also commercially advantageous for Contemi.
2. Translating Legalese into Business Language: Complex legal jargon can often create a communication gap. I bridge this gap by simplifying legal concepts and translating them into actionable insights for business leaders. This allows them to make informed decisions faster, based on a clear understanding of the legal implications.
By fostering a collaborative environment and prioritizing open communication, legal expertise becomes a powerful tool for driving business success.
In your current role at Contemi, what are some of the most significant legal challenges you’ve faced, and how have you navigated them to ensure compliance within an ever-changing regulatory landscape?
Navigating the ever-changing regulatory landscape is an ongoing challenge. Here are two specific examples I’ve encountered, and how I’ve tackled them:
Ensuring Global Data Privacy Compliance with Evolving Regulations
The world of data privacy is a complex and constantly evolving landscape. We faced the challenge of ensuring compliance with a patchwork of international data privacy regulations like GDPR and Singapore PDPA.
Proactive Approach: We appointed DPOs for each of our geography, and slowly built a data privacy task force. This team keeps a pulse on emerging regulations and proactively identifies potential compliance risks.
Standardized Processes: We developed standardized data privacy protocols that can be easily adapted to meet the specific requirements of different jurisdictions. This ensures consistency and reduces the risk of non-compliance.
Employee Training: We also ensured that our employees are trained periodically on data handling best practices and their responsibilities under various data privacy regulations.
Mitigating Risks Associated with Global Expansion
Contemi is a growing company with aspirations for international expansion. This presents legal challenges in terms of navigating the diverse legal and regulatory environments of new markets.
Standardization with Flexibility: We developed standardized legal templates for common contracts like NDAs and service agreements. However, these templates are designed to be adaptable to incorporate specific requirements of each jurisdiction.
Scenario Planning: I work closely with the business development team to conduct risk assessments for potential new markets. This allows us to proactively identify potential legal hurdles and develop mitigation strategies before entering a new territory.
Transitioning from companies like EY, DXC, and Cognizant to Contemi Group, what attracted you to this specific organization, and how does its focus on FinTech align with your career objectives?
That’s a great question. While my experience at EY, DXC, and Cognizant was invaluable, Contemi offered a unique opportunity that aligned with my evolving career goals. Here’s what drew me in:
1. From Established Player to Disruptive Innovator: The established giants I worked for were industry leaders, but there’s a thrill in being part of a disruptive innovator like Contemi.
2. Business Impact in Real-Time: At larger corporations, the impact of legal decisions can be somewhat distant. At Contemi, the legal function directly impacts the success of our solutions. This fosters a deep sense of meaning for my day-to-day work.
3. Growth Potential and a Collaborative Culture: Contemi is a growing company with a vibrant and collaborative culture. This fosters a dynamic environment where I can continuously learn, develop new skills, and take on fresh challenges.
As someone deeply involved in global transactions and SaaS contracting, what advice would you offer to legal professionals aiming to specialize in these areas within the tech industry?
Here’s my two cents.
1. Deepen your understanding of technology: The tech industry is constantly evolving. Familiarize yourself with core technological concepts like cloud computing and AI. This will allow you to better understand the technical aspects of the contracts you’ll be working on.
2. Understand Data Privacy: Develop a strong understanding of data privacy laws and stay updated on emerging regulations in this space.
3. Understand how SaaS works: SaaS contracts are unique and the various considerations are different from traditional software license agreements, because that is how SaaS technology is structured. There is a lot of materials available online to familiarize yourself with industry-standard SaaS metrics, how they have evolved and how they are reflected in modern day contracts.
4. Never stop learning: The legal landscape, particularly in the tech sector, is constantly evolving. Develop a commitment to lifelong learning.
Lastly, drawing from your wealth of experience, what guidance would you give to fresh graduates aspiring to pursue a career in law, particularly those considering a path in corporate or business law?
Here’s some guidance from my experience:
1. Cultivate Business Acumen: Legal expertise is crucial, but business savvy is a game-changer. Consider pursuing certifications in business administration, corporate governance or finance.
2. Network, Network, Network: Start early! Connect with legal professionals on LinkedIn, attend industry events, participate in online forums and reach out to alumni working in corporate law. A strong network can be a valuable source of mentorship, job opportunities, and industry insights.
3. Develop Time Management Skills: Technical skills are important, but don’t underestimate the power of time management in this role. It is essential for success in a fast-paced corporate environment.
4. Find Your Niche: The legal field is vast. Explore different areas of corporate law like mergers & acquisitions, intellectual property, or employment law. Find a niche that aligns with your interests and consider pursuing relevant certifications.
But all that said; there is nowhere to ‘reach’. So enjoy the journey and its ups and downs!
Can you walk us through your journey from being a junior advocate to your current role as a seasoned legal professional in corporate operations and compliance?
My journey in the legal profession has been deeply influenced by my upbringing in a family of legal practitioners. Growing up, I was inspired by my father, a senior lawyer, whose interactions with clients and insightful advice amplified my interest in law. Despite this early fascination, my enthusiasm for a legal career waned as I matured. However, tragedy struck during my teenage years with the loss of my father, compelling me to carry forward his legacy.
Driven by a newfound sense of purpose, I chose to pursue a career in law. Although my initial interest was in corporate law, I began my journey by gaining foundational knowledge in a senior lawyer’s chamber after completing my law degree. During this time, I actively sought opportunities in the corporate legal sphere. It took nearly a year of persistent effort before I secured a position in a corporate setting, marking the beginning of my corporate legal career.
What motivated you to transition from practicing law in the courtroom to focusing on corporate legal operations and compliance management?
Transitioning to a career in corporate law was a deliberate choice driven by the desire for a more multifaceted and impactful legal role. Unlike traditional courtroom practice, corporate law offers a diverse range of responsibilities that extend beyond litigation. As a corporate legal professional, my role involves advising businesses on a wide array of legal matters, including contract negotiation, intellectual property rights, mergers and acquisitions, compliance, and regulatory affairs.
One of the most compelling aspects of corporate law is the exposure to new avenues in the legal field. Corporate lawyers often work closely with other departments within an organization, such as finance, human resources, and operations, gaining valuable insights into the inner workings of businesses. This multidisciplinary approach not only broadens one’s legal expertise but also provides a holistic understanding of how legal issues intersect with various aspects of business operations.
Moreover, working in corporate law offers the opportunity to engage with multinational corporations, which can be both challenging and rewarding. Multinational coverage exposes corporate lawyers to a diverse range of legal frameworks and cultural nuances, requiring them to adapt their legal strategies to different jurisdictions. This global perspective not only enhances one’s legal acumen but also fosters a greater appreciation for cultural diversity and international business practices.
Overall, making a career in corporate law provides a unique blend of intellectual challenge, professional growth, and global exposure, making it an exciting and fulfilling choice for legal professionals seeking to expand their horizons.
With over 15 years of experience in corporate legal affairs, what are some of the key challenges you’ve encountered, and how have you overcome them?
With over 15 years of experience in corporate legal affairs, I have encountered many challenges, ups and downs. I have failed sometimes and have successfully navigated numerous challenges as well, each of which has contributed to my growth and development as a legal professional. One of the key strategies I’ve employed to overcome these challenges is a commitment to continuous learning and improvement. I make it a priority to stay abreast of recent laws, regulatory changes, and emerging trends in the field of law. This proactive approach not only helps me anticipate and address potential challenges but also allows me to provide valuable insights and guidance to my colleagues, stakeholders and team members.
Another important aspect of my approach to corporate legal affairs is effective people management. As a corporate lawyer, I have often worked closely with colleagues from diverse backgrounds and disciplines, as well as external stakeholders such as regulators and legal advisors. Building and maintaining strong relationships based on trust and respect is essential in this role. I strive to be a collaborative and supportive team member, while also providing leadership and guidance when needed.
Additionally, my experience has taught me the importance of adaptability and resilience in the face of challenges. Corporate legal affairs can be unpredictable, and being able to quickly pivot and find creative solutions is crucial. I approach each challenge with a positive mindset and a willingness to learn from every experience, which has helped me grow both personally and professionally.
In summary, my approach to corporate legal affairs is grounded in continuous learning, effective people management, and adaptability. By staying abreast of legal developments, building strong relationships, and approaching challenges with a positive mindset, I have been able to overcome obstacles and achieve success in my career.
You have extensive experience in negotiating various types of legal documents such as Master Services Agreements, NDAs, and SOWs. Could you share some strategies you employ during negotiations to ensure favorable outcomes for your organization?
Negotiating legal documents such as Master Services Agreements (MSAs), Non-Disclosure Agreements (NDAs), and Statements of Work (SOWs) requires a strategic approach to ensure favorable outcomes for the organization. Here are some key strategies I employ during negotiations:
Thorough Preparation: Before entering negotiations, I do my own research and analysis of the terms and conditions involved. This includes understanding the organization’s objectives, what’s on stake, identifying potential risks, and familiarizing myself with relevant laws and regulations.
Clear Communication: Effective communication is essential during negotiations. I ensure that all parties involved understand the organization’s priorities and concerns, and I strive to maintain open and transparent communication throughout the process.
Focus on Win-Win Solutions: I approach negotiations with a collaborative mindset, seeking to find mutually beneficial solutions for all parties involved. This involves identifying common interests and exploring creative options to address any differences.
Flexibility and Adaptability: Negotiations often require flexibility and the ability to adapt to changing circumstances. I remain open to alternative proposals and am willing to adjust my approach to achieve a favorable outcome.
Attention to Detail: During negotiations, I pay close attention to the details of the agreement, ensuring that all terms are clearly defined and align with the organization’s objectives and risk appetite. This includes reviewing and revising drafts of the agreement to address any ambiguities or potential issues.
Seeking Legal Advice: When necessary, I seek input from legal advisors to ensure that the organization’s interests are protected and that the agreement complies with relevant laws and regulations.
Maintaining Professionalism: Throughout the negotiation process, I maintain a professional demeanor and focus on building positive relationships with the other parties involved. This helps to facilitate productive discussions and achieve favorable outcomes.
By employing these strategies, I have been able to successfully negotiate various types of legal documents, ensuring that the organization’s interests are protected and that agreements are fair and equitable for all parties involved.
Given your expertise in compliance and risk management, could you elaborate on how you handle due diligence processes, particularly concerning financial irregularities and regulatory compliance such as FCPA and Anti-Money Laundering laws?
In my previous roles, I have learnt that handling due diligence processes, especially concerning financial irregularities and regulatory compliance such as the Foreign Corrupt Practices Act (FCPA) and Anti-Money Laundering (AML) laws, requires a meticulous approach.
Comprehensive Review: One needs to begin by conducting a thorough review of the organization’s operations, financial records, and business practices. This helps identify potential areas of risk and ensures compliance with applicable laws and regulations.
Risk Assessment: Based on the review, we need to conduct a risk assessment to prioritize areas that require further investigation. This includes assessing the likelihood and potential impact of financial irregularities or compliance violations.
Due Diligence Procedures: I implemented due diligence procedures to gather relevant information and verify the accuracy of information provided my various solutions. This may involve reviewing contracts, financial statements, and other relevant documents.
FCPA Compliance: For FCPA compliance, I ensure that the organization has adequate policies and procedures in place to prevent bribery and corruption. This includes conducting due diligence on third-party partners and implementing training programs for employees.
AML Compliance: For AML compliance, I verify that the organization has effective controls in place to detect and prevent money laundering activities. This includes conducting customer due diligence and transaction monitoring, as well as complying with reporting requirements.
Documentation and Reporting: Throughout the due diligence process, I maintain detailed documentation of my findings and actions taken. This documentation is essential for compliance purposes and can help demonstrate the organization’s commitment to regulatory compliance.
Continuous Monitoring: Finally, I recommend implementing a system for continuous monitoring of compliance with FCPA, AML, and other relevant regulations. This helps ensure that any potential issues are identified and addressed promptly.
Leveraging due diligence platforms like Dun and Bradstreet, LexisNexis, and others is crucial for a thorough due diligence process. These platforms provide access to a wealth of information and data that can aid in the identification of potential risks and compliance issues. They enable us to conduct comprehensive background checks on third parties, including vendors, suppliers, and business partners, ensuring they align with the organization’s standards and comply with relevant regulations. These platforms also help in identifying politically exposed persons (PEPs) and assessing government linkages, which are critical in mitigating risks associated with corruption and bribery.
Additionally, aligning with the World Economic Forum’s guidelines on aspects like FCPA, AML, PEP, government linkages, geopolitical risks, and reputational damages is essential for maintaining a robust compliance program. These guidelines provide a framework for identifying, assessing, and mitigating risks, ensuring that the organization operates ethically and in accordance with global standards.
In conclusion, the use of due diligence platforms and alignment with the World Economic Forum’s guidelines are essential components of an effective compliance and risk management strategy. By following these steps and leveraging these tools and frameworks, I can ensure that the organization remains compliant with relevant regulations and maintains a strong reputation in the market.
Throughout your career, you’ve managed contract databases and utilized various tools for risk management. How do you stay updated with the latest technologies and methodologies in this field?
Staying updated with the latest technologies and methodologies in contract management and risk management is crucial for ensuring efficiency and effectiveness in these areas.
Continuous Learning: I actively seek out opportunities for continuous learning, such as attending webinars, workshops, and conferences focused on contract management, risk management, and related technologies. These events provide insights into emerging trends and best practices in the field.
Professional Networks: I try to maintain a strong network of professionals in the legal and compliance fields, including peers, mentors, and industry experts. Engaging with these networks allows me to exchange ideas, share experiences, and stay updated on the latest developments.
Industry Publications: I regularly read industry publications, journals, and blogs that cover contract management, risk management, and technology in the legal field. This helps me stay informed about new tools, methodologies, and case studies.
Vendor Updates: I keep in touch with vendors and providers of contract management and risk management tools to stay updated on new features, updates, and best practices.
Training: I pursue relevant training in contract management, risk management, and related technologies to enhance my skills and stay current with industry standards.
Can you share an instance where your strategic legal planning and risk management techniques helped prevent significant revenue leakages or mitigate potential legal issues for your organization?
In my previous roles, I was involved in many deals where we had to strategically plan, use contract management platforms, and risk management techniques in preventing significant revenue leakages and mitigate potential legal issues for the organization.
This involves end to end contract management including drafting, redlining, negotiating, and executing and obligation management of complex contracts with a key client/supplier for the provision of critical services. I had to recognize the potential risks involved, conduct a thorough risk assessment and identified several areas that required careful attention/monitoring.
Firstly, we have to negotiate the terms and conditions that are well within the risk appetite of the organization and are capable of being mitigated. Including clear payment terms, performance metrics, and dispute resolution mechanisms. Second, we need to utilize a contract management platform to track key milestones and obligations under the contract, ensuring compliance and minimizing the risk of breaches. Third, I implemented periodic reviews of the contract performance to identify and address any issues proactively.
As a result of these efforts, we were able to prevent significant revenue leakages by ensuring that we met all obligations and delivered the services as agreed. Additionally, our proactive approach to risk management helped us avoid potential legal disputes and costly litigation.
As someone who has worked in fast-paced, high-pressure environments, how do you maintain your composure and make effective decisions under such conditions?
Maintaining composure and making effective decisions in fast-paced, high-pressure environments is essential for any legal professional.
Prioritize and Organize: I prioritize tasks based on urgency and importance, ensuring that critical issues are addressed first. I also organize my workload using tools such as to-do lists and calendars to stay on track.
Stay Calm and Focused: I try to remain calm under pressure by staying positive, and focusing on the task at hand. This helps me think more clearly and make better decisions.
Seek Input: I consult with colleagues, mentors, or subject matter experts to gather different perspectives and insights. This helps me make more informed decisions and consider alternative approaches.
Manage Time Effectively: I allocate time, setting aside dedicated periods for tasks that require focus and concentration. This helps prevent feeling overwhelmed and ensures that tasks are completed efficiently.
Adaptability: I remain flexible and adaptable, willing to adjust my plans and strategies as the situation evolves. This allows me to respond quickly to changing circumstances and make timely decisions.
Learn from Mistakes: I view mistakes as learning opportunities, reflecting on what went wrong and how I can improve in the future. This mindset helps me grow and become more resilient in high-pressure environments.
Self-Care: I prioritize self-care activities such as exercise, playing cricket, going for a walk, listening to music, mindfulness, and adequate sleep to maintain my physical and mental well-being. This helps me stay energized and focused during demanding periods.
Could you highlight the importance of continuous improvement in contracts management and compliance practices, based on your experience in streamlining processes and establishing governance structures?
Continuous improvement in contracts management and compliance practices is crucial for ensuring efficiency, reducing risks, and achieving organizational goals. Based on my experience in streamlining processes and establishing governance structures, I have seen firsthand the benefits of this approach.
Efficiency: Continuous improvement helps identify and eliminate inefficiencies in contracts management and compliance processes. By streamlining workflows, standardizing procedures, and leveraging technology, organizations can reduce manual efforts and save time and resources.
Risk Reduction: Regular review and enhancement of compliance practices help mitigate risks associated with regulatory non-compliance, contract disputes, and legal issues. By staying updated with regulatory changes and best practices, organizations can proactively address potential risks.
Cost Savings: Continuous improvement leads to cost savings by optimizing resources and reducing the likelihood of fines, penalties, and legal fees associated with non-compliance. By implementing efficient processes and controls, organizations can achieve cost-effective contracts management and compliance practices.
Enhanced Governance: Establishing governance structures ensures accountability, transparency, and consistency in contracts management and compliance practices. By defining roles and responsibilities, setting clear objectives, and implementing robust monitoring mechanisms, organizations can improve decision-making and compliance outcomes.
Stakeholder Confidence: Continuous improvement demonstrates a commitment to excellence and compliance, enhancing stakeholder confidence in the organization’s operations. By regularly reviewing and enhancing contracts management and compliance practices, organizations can build trust with stakeholders and maintain a positive reputation.
In conclusion, continuous improvement in contracts management and compliance practices is essential for organizations to achieve efficiency, reduce risks, and enhance governance. By adopting a proactive approach to process enhancement and governance establishment, organizations can achieve sustainable success in contracts management and compliance.
Lastly, what advice would you offer to fresh graduates aspiring to pursue a career in law, especially those interested in corporate legal operations and compliance management?
My advice to fresh graduates aspiring to pursue a career in law, especially in corporate legal operations and compliance management:
Gain Practical Experience: Seek internships or entry-level positions in law firms, corporate legal departments, or government agencies to gain practical experience and exposure to different areas of law. Try to focus and learn the practical aspects of the law.
Develop a Strong Foundation: Focus on building a strong foundation in legal principles and practices during your studies. Pay attention to courses related to corporate law, compliance, and risk management.
Stay Updated: Stay informed about the latest developments in the legal field, especially in areas relevant to corporate legal operations and compliance management. Subscribe to legal publications, attend seminars, read books and participate in professional development programs.
Network: Build a professional network by attending networking events, joining professional organizations, and connecting with professionals in the field. Networking can help you learn about job opportunities and gain valuable insights from experienced professionals.
Enhance Your Skills: Develop skills that are important for a career in corporate legal operations and compliance management, such as attention to detail, analytical thinking, problem-solving, and communication skills.
Consider Further Education: Consider pursuing further education, such as a master’s degree or certifications in areas like compliance or risk management, to enhance your knowledge and skills in corporate legal operations.
Be Open to Learning: Be open to learning from your experiences and be willing to take on new challenges. A career in law is constantly evolving, so it’s important to be adaptable and willing to grow professionally.
By following these tips, you can start building a successful career in corporate legal operations and compliance management. Remember to stay motivated, persevere through challenges, and continue learning and growing in your field.
Can you walk us through your career journey from starting as a junior advocate to your current role as Zonal Head – Legal (North) at Allcargo Gati Limited? How did you transition from criminal practice to corporate law?
Well, it has been a splendid journey throughout the career since its inception with lots of hiccups and challenges which I overcame. I started visiting the district level courts of West Bengal adjoining the Kolkata district. I had always a dream to pursue my career as a pleading Counsel, which every budding lawyer dreams. I developed the knack of practicing criminal law and am fortunate to get the opportunity to learn about the broad aspects of criminal jurisprudence under the guidance of the one of the eminent criminal lawyer of West Bengal and other states of eastern region, Mr. Tamal Kanti Mukherjee, Advocate of Alipore Judges Court, Kolkata and developed the skills of filing of police complaint thereafter conversion of the same to FIR, summoning, framing of charges till trail stage. During the initial days after the bar enrollment, you are hardly able to foresee the career path in this vast legal domain, wherein you get inadequate information from friends, colleagues including pressure from the family members to establish yourself . Predominantly appropriate legal connections are the main keys that every first-generation lawyer lacks, which I personally felt.
In order to get the flavor of the civil jurisprudence and in this vast universe of civil law(s) including but not limited to Laws of Constitution and Code of Civil Procedure 1908 & other law(s), I got the opportunity to work with one of the leading Law & Solicitor’s Firm of Kolkata viz. Sandersons And Morgans, as a Junior Advocate. I have appeared in different courts like Ld. District Consumer Dispute Redressal Forum, Hon’ble State Consumer Forum, Ld. City Civil Court, Ld. District Court, other Tribunal(s) and Hon’ble Calcutta High Court Original and Appellate side jurisdiction etc.
In addition to the proficient domain knowledge and skills, one of the most important aspects and invariably a bitter truth of the independent legal practice and specializing in the legal matters for one should be making a sound connection and developing new client networks through resources. Whilst during those struggling days of building my own brand of a recognized lawyer through the process of continuous learning, I got a call from the HR department of the most trusted footwear retailer brand Khadim’sand that really made my day and I got selected for the position of Senior Executive – Legal on the very first day of my interview. Now, I can gracefully state that I was the first ever candidate those days from my college batch being selected for the job opportunity in the corporate legal department.
It is apposite to mention that I got immense support and guidance from my college mate cum best friend, a competent lawyer specialized in constitutional bench matters of Hon’ble Calcutta High Court Ms. Mimi Mondal, BA.LLB turned to be my better half and mother of my only child Master Smayan Roy.
What were your key responsibilities and accomplishments during your tenure at Khadim India Limited and Ambuja Group ? Could you share some insights into the projects you handled and the challenges you encountered?
The first corporate job in Khadim’s really worked like a “bolt from the blue” and I got the exposure to understand the framework of the corporate legal department, learned corporate ethics, drafting of in-house company policies, labour related compliances, corporate litigation, retail acquisition, land matters along with company secretary and related affairs.
I was always best known for delivering smart results within a highly competitive environment by analyzing the situation/ complexities from broad legal perspective and suggesting practical action plans.
During my days of employment with Ambuja Group, a group renowned for its City Centre Malls in Kolkata, Raipur, Bihar and one of the top Builders in eastern India, I was a part of the corporate legal team and assisted the Head Legal in scrutinizing the Legal documents in respect of the proposed commercial and residential projects of the Company. I have independently & successfully closed contracts for new store leasing / licensing contracts of more than 150+ brands for new mall openings and elevated to the next level within a span of six months of joining the organization.
Moving to Delhi and taking on the legal function for the North & East regions at Shoppers Stop Ltd. must have presented unique challenges. Could you elaborate on some of these challenges, especially in navigating the legal landscape and stakeholder management in a new city?
Yes, indeed it was a little bit of a challenge for the initial days in terms of the geographical periphery and the peoples around you are concerned. Obviously the language plays a very important role in the legal domain but I have only one philosophy when it comes to work, every piece of work, regardless of size has to be done on time and in the right manner irrespective of barriers.
I had always had a dream of joining a big brand and a pioneer in the field of retail industry and I got the opportunity to work with “Shoppers Stop”, known for its superior quality products and services. During my period of employment with Shoppers Stop, I had conducted due Diligence of properties for retail and commercial development, closed documentation and due diligence of high street and Mall Anchor stores in the FY 2015-16 on pan India basis and have also developed company policies on industry-specific issues and corporate governance.
The biggest USP of my role with Shoppers Stop was that I was already a seasoned corporate lawyer having sound exposure of dealing with brand related agreements either from the Developer’s side as well as Retailer’s side, which really acted like a cherry on the cake for this role.
The biggest challenge during those days, I felt coordinating with the local lawyers on the rural side. While as we all know that it is a common practice of sending weekly/monthly reports to the top management with the complete update on the particular day of hearing of the matter, it becomes a tedious task when the calls/ messages to the local counsels always remain unanswerable. Hopefully with the digitization of the e-courts facilities and the confonet website for consumer matters, the struggle towards obtaining the updates and the orders of the lower court matters have been marginally decreased.
As part of the legal team at Dish TV, you were deeply involved in compliance, contracts, arbitration, and consumer litigation. What lessons did you learn from this role, particularly in terms of managing complex legal matters and driving successful outcomes?
As I have said earlier, my years of experience in the legal field is something that can truly contribute to the company’s success and my sense of dedication in every task that I handle is definitely a big plus.
As a part of the legal team of Dish TV, I have successfully spearheaded projects and generated huge cost savings for the company by implementing innovative initiatives and providing tactical business solutions and closure of high business contracts including the timely compliance of the regulatory affairs of TRAI and other regulatory body(ies) from time to time.
As a part of the company’s mission of acquiring the largest consumer base in providing the DTH services and to become the front-runner in service provider’s community, I have joined hands with the business team members and closed several contracts for different business verticals. My domain knowledge and hold over the customer base made a big contribution in resolving consumer matters of high stake including celebrities engaged for brand endorsement. I have really enjoyed the challenge of closing and successfully defending high ticket arbitration, commercial suits, trademark disputes. It is noteworthy to mention that I was a core team member of the Merger & Acquisition (M&A) team for acquisition of Videocon D2H by Dish TV and handled pre acquisition compliance and documentation from legal perspective
Your experience indicates involvement in trademark infringement and brand protection. Can you discuss how you tackled these issues in your previous organizations and any strategies you employed to safeguard intellectual property rights?
As we all know that registration of trademark provides a legal protection against the misuse or copying of a company’s name or logo, which is often a company’s most valuable asset. I have been always actively involved in the trademark and related affairs since the inception of my career in every organization I have worked. The key role and have tackled the trademark related issues by : –
Filing of trademark & copyright applications on time and continuously following up till registration along with timely renewal,
Nabbing the counterfeiters illegally using the brand name by sending Cease & Desist Notices on a timely manner,
Filing of Trademark infringement suits in respect of the counterfeit good(s) appointment of local commissioners by the appropriate Court of Law.
Filing of police complaints for TM & copyright infringement and intimation to the state / central tax authorities,
Advising the organization on the possible consequences and advantages regarding the registration of Trademarks, Copyrights and other Intellectual Property Rights.
I have also designed an effective online system with the help of the third party developer for management of Intellectual Property resources of the company.
Independently represented the company on the trademark litigation filed against the Infringers in “passing off” suit filed at Hon’ble High Court at Delhi and the Hon’ble Court has passed John Doe and Anton Pillar orders in respect of the trademark of the company.
How does the legal landscape in the logistics industry compare to the other industries you’ve worked in? What are the unique challenges and key areas of focus for legal professionals in the logistics sector?
The logistics industry is subject to a web of regulations and customs procedures, which varies significantly from one region to another. Navigating this complex landscape can lead to delays, fines, and compliance issues. The logistics sector including road industry are always prone to ongoing legal hassles including timely compliance, safety, export and import compliance; vehicle detention by administrative, quasi judicial authorities etc., GST and other tax impositions, hazardous materials safety, handling, transportation and storage, MACT, road transport issues, vehicle caught incidences under NDPS Act or any other statute.
You need to monitor and update management on every change of laws and regulations from time to time and ensure compliance thereof.
We have acted as an enabler to business team on proactive suggestions on legal matters on various business related issues on 24*7 bases round the year.
Throughout your career, you’ve likely achieved numerous milestones. Could you highlight one of your most significant accomplishments, either in your past roles or your current position at Allcargo Gati Limited?
I try to achieve the set goals and work hard as much as I can, I try to reach those goals and achieve the desired outcome. I had always recognized myself as someone with a progressive attitude who does his best and gives 100% to attain goals. To me success is not just my personal achievements but also by the efforts of the people around me and my team.
I have been always been a top performer in almost all the organizations I got the opportunity to work and in this current organization Allcargo Group, I am awarded with the “CEO Award” – FY – 2022-23 and “Best Zonal Head – Legal” – FY 2023-24 for my exemplary performance and contribution to the legal team.
Finally, drawing from your rich and diverse experience, what advice would you offer to law graduates aspiring to transition into corporate legal departments? What key insights or lessons would you share with them as they embark on their careers in the legal field?
Working as a corporate lawyer could be a very rewarding and profitable career path. One should blindly follow the vogue “Practice – Perseverance – Perfection” for the initial days of the career.
Corporate Legal Specialist is a relatively new discipline and the expansion and career options are ample. In the present day, company legal professionals are employed in loads of top-notch organizations and therefore this discipline of the legal profession is opening up choices in careers and professions for young law aspirants.
Henry Ford says, “Anyone who stops learning is old, whether at twenty or eighty. Anyone who keeps learning stays young. The greatest thing in life is to keep your mind young.”
So learning and developing skills is the mandatory tool for the aspirants, so be ready for exhausting work and sacrifice. If you want to get certified and acquire expertise, work harder and become a specialist in corporate law. Good Luck to all young law aspirants!!!
