Tag: CAM

  • In conversation with Anweshaa Majumdar, Corporate Lawyer at Trilegal, talking about her current role and her experiences in different areas of the Corporate law practice.

    In conversation with Anweshaa Majumdar, Corporate Lawyer at Trilegal, talking about her current role and her experiences in different areas of the Corporate law practice.

    This interview has been published by Sonali ParasharOjuswi Sahay the SuperLawyer Team


    Tell us about yourself and why you chose law as a profession. What other professions would you have considered if not law? 

    I have always known that I am a people person and communication is a strong skill that I possess, and I knew I wanted to pursue a career wherein I could hone this skill further. Despite taking science as my stream for my 11th and 12th, I knew my calling was not in the science or engineering stream. The career paths that I was keen on pursuing were law and journalism. I had, in fact, gotten into my preferred colleges for both these degrees. However, my parents were insightful about the potential of Jindal Global Law School, even though at that time there was no placement matrix to rely on. They felt that Jindal was a law school of the modern era and I also took the leap of faith and joined. My parents’ insight, has always proved to be correct as now, JGLS is known to be the best private law school in India. I personally feel I would have thrived in journalism as well, but I always knew that I would be a better lawyer than a journalist.

    You have worked extensively on succession planning and wealth restructuring/ management with a lot of experience working with Family Businesses. What drew you to this field in the first place? Would you like to tell us about your journey to this point?

    Honestly, I joined PwC as a fresher from college and when I was told that I would be joining a team which primarily focuses on succession planning and wealth restructuring, I was intrigued as it was a very niche and lucrative field. When I graduated from college, I knew I wanted to be in the corporate field, and being in the succession planning space, I was able to network and interact with various high net-worth families in India Bangladesh as well as Sri Lanka. When you work in a Big4 as a lawyer, your learning goes beyond the technical legal aspects, and you get a lot of exposure to various business building/continuity strategies. Working in PwC also allowed me to gain insight into tax-related aspects of a business and pointers to consider during corporate restructuring. I started in PwC as an Associate and left as an Assistant Manager.

    Other than the above mentioned,  you also hold expertise in General Corporate, Transactions, Mergers & Acquisitions, and Drafting Agreements. What, in your opinion, are the upcoming corporate trendsetters? It would be an excellent compass for our readers.

    In my opinion, an upcoming trendsetter is a simplified style of drafting. Drafting is a skill which will be required in whichever field one is part of, whether it is M&A, private equity, venture capital etc. The documents are essentially the same, but the context of the transaction is different. A trend that I have seen evolving in the legal space is the moving away from verbose legal language to simple language which is understandable to the clients as well as the counterparties. This is a trend I definitely stand by, as I have seen that by simplifying the drafting of contracts, it is possible to keep the rights intact and it also reduces the back and forth between the counsel and the client and even the client and the counterparty, and therefore significantly reducing the transaction closing timeline. My team follows a mantra of “draft the way you speak formally”.

    I have always believed in this concept, and I am elated to see that it is being practiced widely now. Further, I also believe that the M&A, private equity and investment structuring field is a phenomenal space to be in, as one gets to work on different kinds of deals which involve different strategies, negotiation points and consideration structures. After being in fields like this for a while, you are able to anticipate any plausible push-backs from counterparties, push for rights which will be beneficial to your client, address different options of consideration structuring and are able to identify any potential risks and advise to rectify them accordingly. The transaction space such as these typically does have heavy workloads, but the learning curve is steep and the effort you put in along with your experience does positively contribute towards your individual value as a lawyer.

    You are currently working at Trilegal. Previously, you were associated with Cyril Amarchand Mangaldas, and before that, you were with PwC. How different it is to work at these three behemoths?

    After my stint at PwC, my entire team moved out with the Partner as he wanted to start his own ventures – one of them being a venture capital fund called Turbostart. At Turbostart, I was designated as Corporate Counsel and assisted with all the legal documentation required when the fund identified start-ups to invest in. After this stint, I decided that I wanted to move back to a core legal practice and that is when I got into Cyril Amarchand Mangaldas, in the legal advisory team in their General Corporate practice. From there, I was selected for the Transactions team at Trilegal where I am today. At Trilegal, I work on high net worth deals in the M&A and private equity space. In these three behemoths, I have learned different things which I will carry with me throughout my career.

    At PwC, I got to work with many incredible chartered accountants outside my core team on various deals, I was able to get over my irrational fear of numbers and was able to understand various tax and business-related aspects of a transaction. At CAM, as I was in an advisory team, I was able to work on various opinions and memos relating to different aspects of the law, and was able to further my knowledge in these domains and re-connected with the process of legal research and statutory interpretation.

    In Trilegal, I am now working with an incredible team, in a very dynamic field. As we work on different kinds of deals at one time, one gets exposure to many drafting and negotiation strategies, front-ending deal closures, as well as exposure to transactions in various sectors. I would definitely say that during my formative years in PwC and during my time in CAM and now Trilegal, the learning curve has been steep, the professional exposure has increased, along with responsibilities and accountability and I feel that all 3 places have largely contributed to the professional I am today.

    You earned your Diploma in Entrepreneurship Administration and Business Laws from the West Bengal National University of Juridical Sciences after graduating from JGLS. In what ways does entrepreneurship aid a lawyer’s understanding of business?


    Especially in today’s day and age, where entrepreneurship is the theme of the market, I feel entrepreneurship increases a lawyer’s scope of understanding beyond the law itself. As someone who has had exposure to both, I think entrepreneurship is essential in understanding the business, which as a result will improve your legal advice as there is a much more holistic perception rather than a singular focus on a legal point. Once you have a decent understanding of the business, its operations, pain points, and strategies you are in a better position to align your legal advice and anticipate the outcomes of your recommendations which could be both legal and business-centric.

    Are you able to carve out time for your other interests or hobbies given the nature of the legal profession?

    I would not say that it is easy to take out time. But I would definitely say it is essential and sometimes you have to really push yourself to take out time for your hobbies. I choose to unwind with music as I play the ukulele or travel (either to work from out of the station or as a normal vacation). These little breaks are quite important to rejuvenate your mind and especially in this fast-paced profession, it should definitely take precedence to avoid burnouts.

    You are a young and well-established legal professional. What is your success mantra?


    My success mantra actually took some time to build, and now when I look back, it all boils down to “believe in yourself”.  Do not be afraid to take challenging career shifts, if you think it is the right thing to do – and even if it doesn’t work out, at least you tried it. Bounce back up and move on. I also believe in the aspect of not halting the process of learning – I have learnt from every case/matter I have handled and from the people I have interacted with and built a network even after. Another thing that I regularly follow, is self-introspection. It is extremely insightful to honestly connect with yourself, as it helps you figure out what you want, what your priorities are and how to achieve your goals.

    What career advice do you have for our readers?

    Never pay heed to people who discourage you. There are various kinds of people that you will have to encounter during your professional life, there will be people who will think that you do not have it in you to make it big. My advice – do NOT listen to them. Other people’s perceptions do not define who you are or what you can do. In today’s day and age of social media and seeing the career milestones of your peers might lead you to pressurise yourself, but don’t let it. Personally, back in 2020-21, I had found myself in a situation which required an immense amount of self-motivation to get out of. I would urge everyone to find that within themselves. The imposter syndrome is a self-created construct, break it down and thrive. Another piece of advice I would give, especially to people who are starting off their career – is never be afraid to burn bridges if you are not being respected. Put yourself first, know your worth and your path will find you one way or the other.

    Work on your soft skills as much as you would work on your technique. Believe it or not, both are equally important. Build your network, keep reading up, keep working on your communication skills (written and spoken) and always keep in touch with people who have impacted your career path in any positive way.


    Get in touch with Anweshaa Majumdar –

  • Richa Mohanty, Principal Associate, Cyril Amarchand Mangaldas on challenges of a Corporate Lawyer and tips to securing a PPO

    Richa Mohanty, Principal Associate, Cyril Amarchand Mangaldas on challenges of a Corporate Lawyer and tips to securing a PPO

    Richa Mohanty graduated in Law from Symbiosis Law School, Pune in 2008. Throughout her college life she engaged herself in various extracurricular activities which have greatly helped in shaping her as a professional. She has interned at various firms in different sectors ranging from civil, criminal to SEBI. She was offered a PPO while still interning at Cyril Amarchand Mangaldas.

    Currently, she’s a Principal Associate at CAM. Her work involves advising on a number of issues such as transition of employees in M&A transactions, individual and mass terminations, closure of establishment, anti-sexual harassment matters and social security issues.

    In this interview, she talks to us about:

    • Her decision to pursue a career in Law.
    • Her tricks to do well in moot court competitions.
    • Maintaining a work-life balance.
    • How to secure a PPO while interning?

     

    How would you introduce yourself to our readers?

    I am a corporate lawyer with over nine years of experience. I am currently a Principal Associate at Cyril Amarchand Mangaldas (CAM), New Delhi. I started my career with the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co., and have had the privilege of working across its New Delhi and Mumbai offices. I moved to the CAM Delhi office, upon its inception in 2015. I specialise in employment and labour laws. I am also a member of a Special Taskforce on Employee Relations, at the Confederation of Indian Industry (CII), Gurgaon.

     

    What motivated you to pursue a career in Law?

    I think it was a mix of many factors. I don’t come from a family of lawyers and when I was in school, Law was not a popular career option.

    However, like most things in life, timing played an important role. With the second wave of liberalisation, the Indian economy appeared to be booming in 2002-2003. Simultaneously, the landscape of legal education was undergoing a transformation, especially with the introduction of the five year integrated law courses and the rise of professional law firms/ formal legal teams in organisations. All of this greatly enhanced the appeal of the legal profession and I decided to take the plunge!

    On a lighter note, I should also give some credit to popular TV shows like “Alley Mcbeal” and “The Practice”.

     

    How did you approach the extracurricular activities such as moots and debates in Law school?

    Yes, I was very much involved in the co-curricular and extra-curricular activities. I tried my hand at everything that law school had to offer- debates, presentations, extempore, moots, seminars and even business plan competitions. I also participated in a number of cultural festivals including drama, dance and music competitions and was a member of the Human Rights Cell.

    All of this really helped me get perspective about my strengths and weaknesses. As a trimmed list: public speaking, research skills, team work, strategic planning, rationalising each argument were by products of these activities.

     

    Having participated and judged several moot court competitions, what is your advice to students?

    I would say that debating on legal or socio-political issues is much more critical than mooting, but that is a personal bias. Mooting and debating are sans recourse for a law student. My advice for all mooters would be to immerse themselves in the basic legal framework (Act/Rule/Regulation) before jumping the gun and moving to case-law finding frenzy. I also always found it helpful to set out a research methodology for the various roles I rendered as a mooter.

     

    Tell us about your internships and how did you apply for the same?

    I had interned at a number of places- from criminal lawyers to corporate law firms, banks, corporates, SEBI and even with the JAG (Judge Advocate General) of the Indian Navy. The idea was to gauge and understand the role, expectations at each organisation; and accordingly figure out my interests and career goals.

    I would strongly advise law students to apply to individual lawyers/ partners, depending upon their area of specialisation and to focus on the practice area of one’s choice, rather than blindly applying to Big Law or corporates and letting the HR assign the partner/ team to you. Also, don’t get mesmerised by Big Law and corporates. The experience and exposure at smaller, niche law firms can be equally good and rewarding.

     

    Have you ever felt the NLU and non- NLU divide? Do you think it is a consideration for employers?

    Some National Law Universities (NLUs) were the first off the mark in the corporate-focused 5-year law course, consequently with great alumni connect. Plus, there’s bound to be greater comradery between people from the same Law school, whether NLU or non-NLU. While I never personally faced any such divide, it may not be unnatural for a smaller set in even a small-sized firm, to feel a little ‘out of sync’ or not entirely ‘tuned-in’.

    Being a part of a professional organization and conducting oneself as a professional in its truest sense means that you transcend these perceptions and beliefs very quickly. I do not think it is a consideration for any modern-day employers.

     

    Give us an insight to the Sir Ratan Tata Trust Scholarship.

     (Richa is an awardee of the Sir Ratan Tata Trust Scholarship.)

    I heard about the Sir Ratan Tata Trust Scholarship from a friend. It is basically a merit based scholarship. There were no interviews or essays for this scholarship in those days. I simply had to apply with my mark sheets and a cover letter (not sure of what the process entails today). If I remember correctly, I got a cash award and a certificate.

     

    How was your experience of attending a Student Exchange Programme?

    I was a member of a fourteen member contingent from Law school to the University of Hannover, Germany for a period of two weeks in 2006. It was more of a cultural exchange programme but we got the opportunity to participate in panel discussions on interesting issues like intellectual property, anti-trust laws etc. We also visited the local courts and prisons at Hannover and Hamburg and were given a detailed overview of the EU framework.

     

    How did you secure a PPO from AMSS?

    I interned with the firm, made sure to put in my 110% during this traineeship stint, and was fortunate to have got a pre-placement offer (PPO) interview call. I was also fortunate to have interned with a wonderful team that really encouraged and supported me. I am in touch with most of them and consider them to my true mentors.

     

    How important do you think a high CGPA is for recruiters?

    Traditional non-PPO / Campus recruitment for most big / medium sized firms would largely be based on CGPA as a first indicator. A high CGPA can reflect discipline, dedication and attention to detail as per assignment requirement. This conventional thumb-rule dilutes in value as you move up the PQE chain during lateral recruitments.

     

    What would be your advice to readers who hope to get an offer from CAM?

    Intern with the firm and put your best effort during traineeship. If you wish to intern with a particular team / secure sectoral / practice-area focus, back a sincere request to the HR (after being accepted) with some prior academic research / publications. If you could not secure an internship, focus on CGPA as a first amongst equals and then publications as well as co-curricular and extracurricular activities.

     

    Can you give our readers some insight to the field of Labour and Employment Law?

    It is a very interesting and developing practice area and CAM is one of the leading firms in this space. As an employment law specialist, I routinely advice clients (mostly employers) on a number of issues such as transition of employees in M&A transactions, individual and mass terminations, closure of establishment, anti-sexual harassment matters, social security issues, trade union issues, ESOPs, immigration laws and basically all matters in connection with employees/ workforce. This is one of the only practice areas which involve a mix of advisory, transactional and litigation work.

     

    What is the nature of your work as a Principal Associate at CAM?

    As Principal Associate, I am entrusted to engage with Clients, oversee / review delivery of work-products to them and undertake practice-area as well as business development. CAM is a demanding but a very vibrant work space. What I like the most about the organisation is that it is not hierarchical and talent is valued above all else. So it does not matter which Law school you come from or what level of associate you are or what your political views are, as long as you do the job well, nothing else matters!

     

    How do you maintain a work- life balance given the demanding nature of your job?

    I have to say that working in a law firm can be extremely demanding, especially in the early years, when you are learning the ropes. As a consultant, you have to be mentally prepared to “work-on-demand”, especially on weekends, holidays and when travelling etc.

    Two things that have really helped me are (1) effective time management; (2) prioritisation of daily tasks. It also helps to be candid and upfront with your reporting senior about how much time you will take to complete a task so as to manage expectations accordingly.

    As such, there is no real formula to maintain a work-life balance, but what I would recommend is to definitely take out time for things that you genuinely enjoy- for example if you are a marathon runner or a classical dancer or if you like travelling, etc. plan your leave or free time, in such a way that you can accommodate these activities. Otherwise, like they say, all work and no play, makes Jack a dull boy!

     

    What challenges have you faced in building up your career as it stands today?

    There have been multiple challenges during the course of my career. To begin with I think, nothing quite prepares you for the legal profession unless you officially join the bandwagon. It takes a while to bridge that gap since legal studies in India are by and large theoretical, rather than being practical. There is no gestation period in this industry, so you have to pretty much learn on the job. Also, you also need to constantly adapt and adjust to the demanding work life at a law firm and learn to build lasting relationships. Every new level brings new challenges and you will have to keep pace with it. I am very grateful to some of my seniors and colleagues, for the lighting the way and guiding me through some of such trying phases.

     

    What advice do you have for our readers who are primarily college students?

    Law school days will always be the most stress free days of your life-so my only advice would be to make the most of time and to choose your friends wisely. Also live it up and have lots of fun. After all, you live only once (borrowing from the millennial motto)!

  • Ankita Ray, Senior Associate, Cyril Amarchand Mangaldas, on building a career in Corporate Law

    Ankita Ray, Senior Associate, Cyril Amarchand Mangaldas, on building a career in Corporate Law

    Ankita Ray graduated from Symbiosis Law School in 2010. With excellent legal and soft skills, a profound love for the written word and a series of successful internships, after graduating she pursued a corporate law practice for a few years with J. Sagar Associates. She is now a Senior Associate in Cyril Amarchand Mangaldas.

    In this interview, she shares her insights on:

    • Interests and gravitating towards law and university life.
    • Decisions in college – extra-curricular activities and maintaining a good academic record.
    • Interning – how she chose her internships and the differential internship experiences in India and in Singapore.
    • Working at Cyril Amarchand Mangaldas and the changes that being a senior associate brings.

     

    How would you like to introduce yourself to our readers?

    I am a senior associate with Cyril Amarchand Mangaldas, working out of their Mumbai office. I was in the Bangalore offices of Amarchand Mangaldas Suresh A. Shroff & Co. for a period of 2 years, before relocating to Mumbai. I started my professional life with JSA, Bangalore, after graduating from Symbiosis Law School in 2010.

     

    Tell us about your life before you joined college. Where did your interests lie as school student?

    My father’s transferable job took me across various cities and towns in India, and through 8 schools! This meant recreating a new social circle and inculcating aspects of new cultures every few years, if not months. I have always been interested in the written word and would probably have studied literature, if law had not happened. While in school, debating and mock parliaments were my favourite extra-curricular activities and I bagged a few laurels representing my school in various competitions. It is a plus that both these interests come in handy as a professional lawyer.

     

    What made you gravitate towards law?

    What made me gravitate towards law – this is an interesting one! I had the opportunity to be a part of the Indian contingent to the International Schools Olympiad held in Karachi, Pakistan, in 2004. Organised by The Telegraph in Schools, our journey to Karachi was much more than a competition, and was dubbed a peace mission: ‘Bonding Beyond Borders’. While I cannot say enough about the exhilarating experience that it was at various levels, this was the first time I had exposure to interesting discussions on various legal issues across borders, especially on international law. This piqued my interest in the legal field. Later that year, while deciding on which field to select for my graduate studies, I knew that I wanted to study law.

     

    What extra-curricular activities did you participate in while in university? What do you think is the importance of moot competitions, mediation competitions and debates in aiding the overall development of a law student?

    ankita-ray-4My approach towards engaging in any form of extra/co-curricular activity is geared towards expanding my limits and gaining new experiences. Given that, personally, I do not think one kind of activity can be more important than the other. However, it is best to take a shot at every possible opportunity before deciding what you would like to be regular at. Moots etc. are definitely helpful in getting your research and speaking skills in place or to evaluate yourself in those areas. While it is important to move out of your comfort zone, it is also important to try to understand what you identify with.

    The first couple of years in college, I was into debating (and won the best team in debating in Mood Indigo and a Rotary Club debate). Thereafter, having interned in law firms by then, I realised the importance of having adequate drafting skills. Further, I realised I enjoyed the entire process of researching and putting it down on paper in the form of an article. I won the national first prize for an essay on cyber crimes, in a competition organised by Competition Success Review, in 2013 and a couple of articles also got published in Manupatra.

     

    How important is a CGPA for recruiters to assess students? How did you maintain a balance between a good academic record at university and your extracurricular activities?

    Let’s put it this way: for the purposes of campus recruitment, CGPA is one way for recruiters to shortlist from a large number of students. Also, if one intends to pursue a Masters degree, academic scores will be relevant. Any which way, it never hurts to keep your academic records in good shape.

    It was not very difficult to maintain a balance between a good academic record and extracurricular activities! During our time at Symbiosis Law School, we did not have the concept of weekly assignments and exams (which have been introduced now), which made it a bit easier. However, like in everything, time management is essential – usually keeping a fixed time (even if it is half an hour a day) to devote to your extracurricular activities works well.

     

    ankita-ray-1

    Tell us about your internship experiences. How did you choose your internships? How early did you apply? Are there any things that an applicant must keep in mind?

    Initially, I wanted to test out as many avenues of the legal profession as possible, in order to make an informed decision on which one I would want to follow. Therefore, I interned with an NGO, a senior counsel in the Kolkata High Court, in the legal departments of Vodafone India and ICICI Bank and law firms, in that order. Post my first internship in a law firm (Khaitan & Co., Kolkata) I realised that I would like to work in a law firm environment. Hence, all my internships thereafter were in law firms.

    I applied anywhere between 6 – 9 months in advance. Very often, during an internship, my reporting/mentoring lawyers were kind enough to either get me a follow on internship or refer me to other firms for internships, when requested. Similarly, seniors from college were a great help when it came to getting internships.

    A couple of things that an applicant for internships must be careful about, even before actually joining an internship, is their application email (which should be without any grammatical or spelling errors and customised) and their resume (which should not be very long). Following up after sending an email requesting for an internship opportunity is another important matter.

     

    You interned at reputed firms in India as well as a firm in Singapore. How was the internship experience different? What did you gain from the experience?

    I was lucky to get an opportunity to experience the workings of a foreign law firm during my stint at Drew & Napier in Singapore, which added another dimension to the entire internship experience. The chance to examine the laws and experience the workings of the judicial process of a different jurisdiction was a fruitful experience. Meeting lawyers and co-interns from Singapore and other countries like Australia, France etc., having discussions on comparative aspects of laws from our respective countries was truly enriching.

     

    You joined JSA after graduation. Tell us about your experience at the firm and the work profile you were entrusted with.

    Like all firsts, my tenure at the Bangalore offices of JSA (where I began my career from), is memorable in many ways. I got an interesting mix of work there, ranging from technology law (this was in 2011, when the privacy rules were enforced) to transactional matters.

    Since I hear a lot of complaints from juniors about doing due diligences, one thing I would specifically like to mention here is that in my first year of work, I also did a lot of due diligence exercises. Contrary to popular belief, due diligence exercises were a great learning experience since they exposed me to the entire gamut of laws that may be applicable and a range of different sectors.

     

    You have now been made senior associate. How different is the work from being an associate and what challenges have you had to deal with since?

    ankita-ray-2At the Senior Associate level, you need to be thorough with your field of law. You are expected to have ready answers which are legally sound and which can be implemented in practice. It is also essential to develop skills (both, legal and soft skills) to handle clients on your own and maintain an ongoing relationship with them.

    In terms of work, there is a shift from taking the first crack at a document to reviewing a first draft worked upon by a junior. In this regard, there is also a role of mentorship that you play in your own small way.

    Additionally, you are increasingly aware of the business side of law practice – invoicing and revenue generation, networking to generate more work etc.

     

    Apart from corporate/commercial matters, you now handle a lot of labour and employment matters. Could you give our readers a glimpse into what the area deals with for those interested and the type of matters one may expect to deal with?

    Previously, employment and labour laws were pertinent more from the perspective of protection of blue-collared workers. However, with increasing interest in India as a destination for foreign investment, finer issues in this field of law have arisen. Hence, employment law practice has now assumed greater significance, with many law firms recognising it as a separate, albeit upcoming practice area.

    In terms of work, there are primarily four buckets one may consider: The first being employment advisory which covers complex issues of trade union strategy, high profile terminations, large scale downsizing and retrenchments in all sectors, sexual harassment complaints, as well as routine matters such as employee handbooks, appointment letters etc.

    The second bucket of work is transactional – conducting human resources due diligence, employee movement, transfer of employee benefits, recognising employment related risks in different types of transactions, whether business transfer or share acquisitions.

    The third bucket of work is contentious matters such as wrongful terminations, internal investigations, disciplinary procedures, sexual harassment complaints and includes representations before the labour commissioner.

    The fourth bucket is compliance – where we conduct employment health checks for companies and assist in identifying risks and advice on best practices.

    The practice of employment laws is interesting and challenging given the human element involved in every situation – no two people react in the same way and often each situation we advise on throws up different issues, which are often time sensitive and have to be dealt with. Therefore, it involves thinking on your feet, where you have to complement your legal knowledge with a practical approach towards the issue at hand. With regard to the kind of work one can expect, there are no two days which are similar! And that is what makes this practice area invigorating!

     

    Finally, what advice would you have for our readers, most of whom are college going students?

    While at law school, try to participate in as many activities as you can, be it moots, debates, mock parliaments. Also, I would emphasise doing as many internships as possible, because there is no alternative to gaining practical experience. However, do enjoy the college days!

     

  • Vinay Subramanian, Associate, AMSS, on moot courts, internship experience and job experience at Luthra and Cyril Amarchand

    Vinay Subramanian, Associate, AMSS, on moot courts, internship experience and job experience at Luthra and Cyril Amarchand

    Vinay Subramanian graduated from NLU, Jodhpur in 2011. He has been an avid mooter and debator during law school. He has won various moot court competitions including 9th Amity Law College National Moot Court Competition. He has also won the ‘Best Victim’s counsel’ award at the prestigious “International Criminal Court Trials Competition held at Hague, Netherlands”. By the time he graduated, he had received a job offer from Luthra and Luthra Law Offices where he worked for around three years. He is currently working as an Associate at Cyril Amarchand Mangaldas.

    In this interview he talks about:

    • Law school experience at NLUJ
    • winning moot court competitions
    • Internships and Work experience at Luthra and Luthra Law Office
    • Induction and work at CAM

     

    Before I begin, I would like to present my disclaimer to any and every person who purposefully and accidentally and who by ‘accidental purposefulness’ directs himself to this page:

    “By reading this you are officially on notice and you agree from the beginning of time to the end of the world that you will be bound by that notice (whatever that means). The associate herein (whose stellar repute is beyond any contention) hereby makes no guarantees, warranties, or representations, whether express or implied, or specific or general, regarding the accidental humorous or deliberately soporific replies to the questions in this interview. The associate (whose always just doing his job really) does not indemnify the readers from any actions, trauma, claims or injuries (whether physical or mental) caused by the trauma of reading this piece or the readers choice to pursue a legal career being influenced by the piece hereby. All legal careers are subject to client moodsrisks and the law student must always bill carefully while at work and agree to always have a blast.”

     

    Most of our readers are law students and young lawyers. How will you introduce yourself to them?

    Darn! I now feel like I am giving my first firm placement interview all over again. Here it goes – I am Vinay Subramanian. I completed my B.A.LLB. with Honors in Business Law from National Law University, Jodhpur in 2011. I am originally from Mumbai and am presently working in the General Corporate/M&A team at Cyril Amarchand & Mangaldas & Co., Mumbai.

     

    How did you gravitate towards law? Why law and not engineering or medical studies?

    There is an interesting background to this. Unlike most other states, where it is your +12 grades that supposedly ‘shape’ up your future, in Maharashtra, the +10 grades are considered equally important since they determine eligibility to a junior college and the relevant streams. Though I had scored decently in my +10 exams and could have easily gotten admission for Science or Commerce stream, I chose to pursue Arts at St. Xavier’s College, Mumbai, unlike hoardes of other students who were making a beeline for the science and commerce streams. Thus, I probably was more inclined to remain ‘offbeat’. After clearing my +12, I was pursuing Economics and Statistics Hons. at St. Xavier’s College, Mumbai. At that time (around 2005-06), the notion was that it is wise to choose a legal career only if one came from a family of lawyers. Most of the national law schools set up at that time were still in its infancy and hardly had a batch or two passing out of it. In fact, at that time, even the theory of having a 5 year law course was unheard of in Mumbai. Luckily, one of my batch mates drew my attention to the existence of national law schools and the tremendous scope a legal career had on offer. When I dug deeper, I realized that a legal profession had tremendous potential and could turn out to be one of the more rewarding and lucrative careers that students would look forward to in the coming years. Hence, adopting an ‘offbeat approach’ once again, I decided to dive into the water and test its depths.

     

    How would you describe your time at NLUJ? What are the co-curricular activities you took part at NLUJ?

    Coming back to Life” is how I would describe my experience at NLUJ in a nutshell. Looking back, I am confident in saying that NLUJ has shaped the individual that I am today. Apart from academics, interacting with students coming from different parts of the country introduced me to new cultures and ways of life. The location of the university also provided me an opportunity to put on my travellers cap and wander across the beautiful landscapes of Rajasthan.

    With respect to co-curricular activities, the one thing remarkable about NLUJ is its encouragement for participation in extra-curricular activities.

    I was fortunate enough to represent my alma mater in several moot court competitions, both nationally and internationally. It was a proud moment when we were chosen to represent India at The International Criminal Court Trials Competition held at Hague, Netherlands’ and even managed to bag the ‘Best Victim’s counsel’ award. Apart from this, I have won the 9th Amity Law College National Moot Court Competition’ at Amity Law School, New Delhi.

    I have also been an ardent proponent of, and participated in a number of, parliamentary debates held across the country. I have also been a keen fan of travelling and have participated in a college fests held across various law schools in the country.

     

    Tell us about your internship experiences and how they shaped your career choices later.

    I have had the good fortune of working with reputed firms focussing on different areas like constitutional law, civil procedure laws, securities laws, criminal procedure, banking laws, foreign investment laws and contract laws. These include Luthra & Luthra Law Offices (Delhi),  Wadia Gandhy & Co (Mumbai), Fox, Mandal & Little (Mumbai), Bhasin & Co. (Delhi) and K. Ashar & Co. (Mumbai) to name a few.

    All these internships played a definitive role in determining my career. Particularly, it was in one of these firms that I had the unique opportunity of drafting amendments to a state legislation in Maharashtra, which were present and passed by the state legislature a year later. This motivated me towards taking up drafting documents and identifying issues in different legislations.

     

    What do you have to say about mooting at law school and legal writing for journals? Are these helpful even after the student graduates?

    This is a tricky one. It is like asking a doctor whether cutting a frog or cockroach into two during his science class practical is helpful during his career as a neurosurgeon. Moot courts, extempore competitions, parliamentary debates, legal writings and paper presentations must be seen as an aid for the development of the skill of advocacy rather than trying to exactly account for how much of it is applied during one’s legal career. These are mere tricks that prepare you for the real world. I am sure a student who has faced a room full of dissident judges barraging questions left right and centre at him would stand at a better footing while dealing with a high pressure negotiating board room with parties breathing down each other’s necks. Similarly, a student who has a number of publications to his name will be able to draft a legal opinion in a more focussed and cogent manner.

     

    Did you find that your law school education had prepared you sufficiently for the many tasks you were required to execute during your internships and later at your job?

    The above question seems to be limited in scope. I want to take a step further to answer how much a law school experience helps anyone in the real life actually. Much like the mantra for the foundations of any stable and happy relationship, a college education can offer only as much as you are willing to accept. Similarly, in a law school as well, it is the student’s choice as to how much he wants to extract from his college experience and apply it in the real world.

    We were also fortunate that NLUJ adopted a hand in glove approach while approaching academics and co-curricular activities.  For instance, it is probably one of the only law schools in the country which made mooting compulsory for every law student under every law subject and allocated a portion of the grades to it. Thus, this ensured that though students had to focus on academics, it necessarily didn’t mean that they have to sacrifice mooting experiences for academics.  Further, this approach also introduced students to mooting from the first year onwards providing students a head start and acclimatised them to a mooting environment.

     

    After graduating from NLUJ, you joined Luthra and Luthra Law Offices. How did you secure your appointment? What kind of responsibilities you were entrusted with there? How would you describe your experience working there?

    The experience at Luthra & Luthra Law Offices was very enriching. I secured my appointment through the process of campus placements. I worked in the general corporate/M&A team at the Mumbai office. We were mostly involved in advising healthcare and pharmaceutical companies, private equity and strategic investment funds and media companies. We also acted for private equity funds and foreign companies in making investments in the healthcare and pharmaceutical sectors. In my personal professional capacity, I acted as the lead associate in several of these transactions. My role included assisting in documentation, negotiations, interacting with clients and generally leading the deal under the able guidance of my partner.

    As a personal experience, the first three years of your job forms the fulcrum of your entire legal career. In the first or the second year, an associate must be able to decide whether he is cut out for the job or not. However, for this to happen, the firm must constantly be providing a challenging environment to the associate where he is challenged on a daily basis and thereafter arrive at such a decision. I was very fortunate to have an office and a boss who kept pushing me against all odds and forced me to constantly think outside the box.

    As part of the general corporate/M&A team, Luthra & Luthra provides an exceptional insight into the field of foreign investment law, which is the buzzword for any general corporate lawyer. Their understanding of foreign exchange law regulations takes into account the pragmatic approach taken by the regulators towards the law.

     

    After having worked at Luthra and Luthra Law Offices for almost three years, how did the shift to AMSS take place? What prompted you to make this choice and what made this shift possible?

    Every law firm in India is a different setup by itself with its own peculiarities relating to professional etiquettes like work timings, work exposure, client servicing, documentation review etc. It is important for any corporate attorney to get exposed to these different setups before settling down for a specific setup. I believe that the best time to take this leap is before the lawyer becomes too senior in the hierarchy. This was what predominantly guided me to make this choice. Also, at the time, my partner was himself moving to AMSS and I thought the switch was allowing me to enjoy best of both worlds – work under the guidance of the same partner and with a firm that is one of the best law firms in the country for gaining corporate law experience.

     

    What does your current work profile at AMSS consist of? Tell us about the nature of work you’re entrusted with therein and what’s a typical day like? How has been your experience as an Associate at AMSS so far?

    AMSS has been a great experience so far. My current work profile consists of both advisory and transactional work streams. From an advisory perspective, I am involved in providing detailed advice and drafting legal opinions on different aspects of corporate, contractual and foreign investment law. The introduction of new Companies Act has made this field even more interesting since several of these provisions are new and untested. This requires us to delve into the intent of the law (wherever an ambiguity is present) and provide pioneering views on the relevant issues.

    From a transaction standpoint, I am involved in running transactions for several private equity players under the guidance of my partner. This requires constant interaction with clients, negotiating with counter parties and driving the transaction to its consummation.

    A typical day at AMSS is ‘work, work and work’, which, contrary to what it seems to suggest, is not actually a ‘bad’ thing. The multitude and nature of transactions that keeps pouring into this firm is phenomenal. What makes it more worthwhile is the uniqueness of each transaction and question, which makes us push ourselves and strive for excellence.

     

    Corporate law comes with a humongous workload. What made you gravitate towards this field? How do you manage the workload and your personal life?

    Honestly, as any other normal law student, the remuneration was primarily what attracted me towards this field. However, once I entered, I got sucked in due to the variety and diversity of my legal sector. A general corporate law firm profile entails an associate to shoulder different types of responsibilities. Apart from the provisions of company law and contract law, an associate is constantly exposed to different arenas of law on a daily basis. This is very different from a specifically focussed specialization like Competition law or Intellectual Property Laws. This kept the day challenging for me and I continued to row on.

    When people talk about how corporate law comes with a humungous workload, I somehow feel that it is not entirely true. A litigation lawyer has an equally strenuous work life (if not more) as compared to corporate lawyers. I have a number of my peers who are working in different spheres of litigation and I see them slogging equally (if not more) than us. A humungous workload is the benchmark for any lawyer and not alone corporate lawyers.

    The best way to manage workload and personal life is to take advantage of your ‘leaves’ from time to time at regular intervals. As I am an ardent traveller, I like to pack my bags off spontaneously and see what the roads have on offer for me. Even getting away on weekends to nearby places helps you de-stress and reinvigorate one self.

     

    According to you what are the qualities that make a good lawyer?

    I don’t think I am qualified enough to list down these. But from looking at my partner and seniors in action, its determination, focus and genuine fondness for the job that maketh the man in any profession. The thumb rule is – every morning when you wake up, ask yourself whether

    (a) you are determined to reach the office that day;

    (b) you are genuinely enjoying what you are doing; and

    (c) you are being constantly challenged (because honestly ‘staying in your comfort zone’ is just another way for saying that one is ‘stuck in a rut’).

    If the answer is ‘yes’ you will automatically excel at whatever you do and become a good lawyer.

     

    What are the primary professional ethics you follow while at work? What has been your strategy to deal with errors and mistakes?

    I think my answer to the above mentioned question answers the first part. Now for the second part – All I can say is that “To err is human but… to have a client who has forgiven you must be a client who must be cherished and treasured for life and one must ensure that he never leaves your side!” But on a serious note, like any other job, an associate is bound to make mistakes since he is new to the field. Learning from your mistakes is what is more important than crying over the ‘spilt milk’. The best strategy is to remain focussed and keep questioning yourself at every stage of the transaction or advice. The moment you start asking too many questions about a particular point you realize that you do not have enough information on the relevant issue and you need to start reading up. Once you have read enough and understood the nuances, you will realize you are much more confident and this in turn will result in lesser mistakes. Also, this is where the role of an able and approachable senior comes into play. Having a helpful senior provides an associate with a self of reassurance.

     

    Many law students strongly believes that getting a job at one of the top 3 law firms is mostly about securing a high CGPA. Would you agree?

    In my experience, a high CGPA does come in handy at time of procuring a pre-placement offer or getting a foreign firm internship. But I think the buck stops there. Lately, we are seeing a number of top tier firms slowly changing their strategy to pick an “all-rounder lawyer” rather than a one who has only chased the kites of grades during his law school life. Interestingly, on a lighter note, this could also explain why we see most of the top tier firms doing exceptionally well in law firm cricket and football tournaments as well nowadays.

     

    These days there are many law students rushing forth to intern at law firms from their first year itself throughout till their fifth year. What do you have to say about the advisability of law students pursuing such a course of action?

    Choosing your internships wisely during your legal education can be very advantageous when one finally makes a career decision on specializing in one specific area of law. As a law student, we have a very different notion of the specialization areas. An internship actually helps a student break the myths and notions and helps him bridge his expectations with the reality of work life. I believe that at least for the first 3 years, a law student must try to do an internship in every possible area of law that he has added to his wish list for specialization. Also, it would be best during this time, to not join the bigger firms but start with the smaller firms, where there is more scope of interaction with the seniors. By the end of the 3rd year, it is important for the student to zero in on the specific legal area that he intends to specialize in. It is the 4th and 5th year, where a student must focus on choosing internships with firms that specialize in the area that he wants to work in. I used the above as a thumb rule to choose my internships.

     

    AMSS takes on interns as well. What do you feel makes an intern stand out and is very important for him to do to have a chance of getting a call back or even a PPO?

    Unlike what law students think, an intern for associates at top tier firms are as important as what an internship at a top tier firm means to an intern. With the “acche din” juggernaut rolling presently, the associates have their hands more than full. An intern who has a basic idea of the law, is focussed and determined eases the pressure of the associate since he is able to focus on other things while the intern is sharing his/her workload.

    What associates look out for in interns is ‘sincerity’ and ability to grasp propositions well. Thus, if an intern is not able to understand a particular nuance (which by the way is very normal since the intern does not have the type of exposure associates have had), it is worthwhile for the intern to discuss and get clarifications from the associate as early as possible. Once an associate sees that the intern is working and meeting expectations, it is but natural for him to recommend him/her to the relevant partner and assist in the call back/PPO process. Once the partner realizes that his associates have entrusted their faith in an intern, he will be more than willing to bring him/her into the fold since this for him results in progression and growth for the entire team.

     

    What skills would you say is a sine qua non for an intern who wants to excel at work?

    An intern must focus on her ‘research’ skills. It is rare that an intern would ever get to draft a legal document while interning. It is the research skills and ability to point out issues in a particular proposition of law that would make an intern stand out and excel at his/her work.

     

    What would be the one misconception you’d say you’d always held about real life legal work till the time you were an intern but changed once you started working as a lawyer?

    I guess I had watched too much of ‘Boston Legal’ and ‘The Practice’ during my college life to have any notion other than that of waltzing into a law firm as ‘Denny Crane’ or ‘Alan Shore’. As an intern, luckily some of these myths faded away and a blurred image of the reality was shown to me. But when I started working, I realized that as an associate, one has to shoulder much more responsibility and accountability that never existed much as an intern. Additionally, with every passing year, you are responsible for not only training and keeping a check on yourself but also on your juniors who rely on you for your guidance in every area of work.

     

    The question that whether one should specialise in a particular area of law or be more of a general lawyer often comes up before law students. What is your opinion on the same?

    It basically boils down to the nature and preference of a particular individual. It is not like the specialized areas are mundane and one would end up doing only the same stuff day in and day out. However, the basic legislation for the work would be the same. General corporate law helps an associate to try his hand at different areas of law. A general corporate lawyer also helps tie in the specialized areas of law and knit them into a complete package which is then presented to the client. For instance, in any private equity transaction, inputs from the Competition law team and IPR team are taken and provided to clients to provide them with specific inputs of these areas on the relevant transaction.

     

    Where do you see yourself five years from now?

    I like to take one day at a time since in the words of Keats, “In the long run, we are already dead”. I see myself continuing to do something challenging, and determined and striving to excel at whatever I am doing.

     

    Lastly, what would be your message to all the law students reading this?

    In the word of Baz Luhrmann, “Sometimes you are ahead, sometimes you are behind, the race is long and in the end it is only with yourself…”. So keep calm and dream along.