Super Lawyer

Tag: Corporate Law

  • “I strive to be a collaborative and supportive team member, while also providing leadership and guidance when needed”- Sopin Peerzade, Head of Commercial Legal and IP at Syngene International Limited

    “I strive to be a collaborative and supportive team member, while also providing leadership and guidance when needed”- Sopin Peerzade, Head of Commercial Legal and IP at Syngene International Limited

    This Interview has been published by Pragya Chandni and The SuperLawyer Team

    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.

    Get in touch with Sopin Peerzade-

  • “Coordinating with external counsel, ensuring timely communication, and maintaining consistency in legal strategies are crucial aspects that require careful attention”- Saswata Banerjee, Chief Manager Legal and Compliance at Bajaj Allianz Life Insurance Co. Ltd.

    “Coordinating with external counsel, ensuring timely communication, and maintaining consistency in legal strategies are crucial aspects that require careful attention”- Saswata Banerjee, Chief Manager Legal and Compliance at Bajaj Allianz Life Insurance Co. Ltd.

    This Interview has been published by Pragya Chandni and The SuperLawyer Team

    Can you share more about the pivotal moment when you decided to shift from your initial aspirations in Economics towards pursuing a career in law? What influenced this decision the most?

    Being a first generation lawyer from my family I had no idea about the field of law. So back in 2004 after my plus 2 exam completion during the break time I came across a friend who was  appearing for law entrance exam for Calcutta University and NUJS as at that time there was no CLAT. While talking with him on a regular basis I got a glimpse of the legal world and got really interested in the field of law and was intrigued by the court proceedings. I decided to appear for the entrance exam with a short preparation and got selected. By God’s will started the journey into the field of law. Also my family members immensely supported me in this decision.

    Your journey into law began with appearing for the law entrance exam at the insistence of a friend. How did you feel when you were selected, and how did that moment shape your perspective on your future career?

    When I got selected I was elated that I was getting a chance to be a lawyer. It really shaped my career as well as my family life also as I met my wife in law college who was a very good friend at  that time. Though my college was not a National University but the faculty members were good and really passionate in teaching, I am always grateful to them for their guidance. 

    Interning under the guidance of Mr. Sajal Kanti Biswas seems to have been a transformative experience for you. Could you elaborate on how his mentorship influenced your understanding of the legal profession and shaped your career trajectory?

    Firstly, Mr. Biswas provided me with invaluable hands-on experience by allowing me to directly involve myself in live cases. This exposure to real-world legal scenarios, including discussions with clients, preparation of pleadings, and strategizing for upcoming cases, was instrumental in enhancing my interest and deepening my understanding of various legal principles and procedures. Being immersed in the practical aspects of the legal profession under his mentorship helped me bridge the gap between theoretical knowledge gained in law school and its practical application in the field.He taught me to value every task in law, stressing that no work is small. . 

    Specializing in the BFSI sector after completing your law degree is quite intriguing. What motivated this decision, and how did your experience at the B School of Insurance and Risk Management in Hyderabad contribute to your professional growth?

    Specializing in the BFSI (Banking, Financial Services, and Insurance) sector started  from my observations while practicing law after completing my BALLB degree. Initially, as a newcomer to the legal profession, I found the complexities of financial matters daunting. However, exposure to numerous banking and insurance cases in court intrigued me, sparking an interest in the field. Recognizing the need for specialization, I considered pursuing an LLM. During my research, I discovered a joint course offered by NALSAR and IIRM specifically tailored for lawyers seeking to specialize in finance and capital markets. Although I missed the deadline for this program, my eagerness to pursue further studies led me to explore other options. This quest led me to the B School of Insurance and Risk Management (IIRM) in Hyderabad, where I found specialized courses in Risk Management. Despite not initially planning for this specialization, I applied for the program and was selected after successfully completing the entrance test.

    At IIRM, I gained valuable knowledge and skills in risk management within the BFSI sector. Interacting with industry experts and peers broadened my perspective. Overall, my time at IIRM complimented my legal background and prepared me for a successful career in the BFSI sector.

    Joining ICICI Lombard GIC Ltd. marked the beginning of your corporate legal career. Can you walk us through the challenges you faced initially and how you managed to adapt to your role within the corporate legal team?

    Joining ICICI Lombard GIC Ltd. marked a significant shift in my career as I transitioned into the corporate legal field. Initially, I encountered several challenges as a fresher in this new environment. Each day presented a new learning opportunity, and I had to adapt quickly to the workings of a corporate legal team.

    One of the major challenges I faced was understanding the dynamics of corporate operations and the intricacies of corporate law. However, my reporting managers provided unwavering support, guiding me through various tasks such as drafting notices, agreements, and participating in complex contract negotiations. Their mentorship was invaluable in helping me navigate the complexities of corporate legal work.

    Additionally, my role required frequent interactions with external lawyers for advisory purposes. These interactions exposed me to a wide range of legal concepts and furthered my understanding of corporate law. 

    Despite initially feeling overwhelmed, I persevered and focused on honing my skills. With dedication and continuous learning, I gained confidence and successfully closed numerous contracts. This experience taught me resilience, adaptability, and the importance of continuous growth in corporate law. My time at ICICI Lombard GIC Ltd. laid a solid foundation for my corporate legal career.

    Transitioning from litigation practice to corporate litigation presented its own set of challenges. What were some of the most significant hurdles you encountered during this transition, and how did you overcome them?

    Transitioning from litigation practice to corporate litigation management presented several significant challenges. One of the most notable hurdles was adapting to the different approach required in corporate litigation, which involves more strategic planning and coordination with practicing lawyers for execution.

    Initially, I had to familiarize myself with the nuances of corporate litigation management, which differed considerably from my previous experience in court. This required me to understand the broader strategic objectives of the company and align them with the legal strategies employed in litigation matters.

    Additionally, collaborating effectively with practicing lawyers across various courts and jurisdictions was essential but posed its own challenges. Coordinating with external counsel, ensuring timely communication, and maintaining consistency in legal strategies were crucial aspects that required careful attention. I prioritized building strong relationships with external counsel and maintained open communication channels. By embracing a learning mindset and adapting proactively, I effectively managed litigation matters.

    Your experience at Star India Pvt Ltd. provided insights into media laws. How did this experience differ from your previous roles, and what were the key takeaways for you in terms of navigating legal challenges in the media industry?

    Transitioning to Star India Pvt Ltd. from my previous roles in the BFSI sector presented a unique set of challenges and learning opportunities. While my specialization provided me with a solid understanding of legal intricacies in finance, entering the media industry required a fresh perspective.

    The key difference lay in understanding the nuances of the media business so Before diving into the legal intricacies of the media industry at Star India Pvt Ltd., I prioritized understanding the company’s business. Interacting with business leaders helped me understand the intricacies of the industry, enabling me to approach legal challenges with a comprehensive understanding of the business context.

    Although the media industry differed from my previous experience, the foundational skills and adaptability acquired in my previous roles proved really helpful. Leveraging my understanding of business dynamics, I navigated legal challenges more effectively and aligned legal strategies with overarching business objectives.

    One of the key takeaways from my experience at Star India Pvt Ltd. was the importance of continuous learning and adaptability in a dynamic industry. The media sector is constantly evolving, and staying abreast of legal developments and industry trends is very essential for legal work.

    Overall, my tenure at Star India Pvt Ltd. provided me with insights into media laws and reinforced the significance of understanding the business context in addressing legal challenges effectively. 

    How do you approach overseeing legal objectives for such a large area, and what strategies do you employ to ensure success?

    I started by understanding the work in that area, including the businesses and operations. Thereafter, I worked closely with my seniors to set clear legal goals that fit with the company’s overall plans. Good communication within the team members and with other departments is the key for everyone to work together smoothly. 

    We also keep an eye out for any legal risks and try to mitigate them before they become big problems. I talk regularly with other departments of the company further to understand their legal needs and help out where I can. 

    One notable aspect of this organization is the open communication fostered by our superiors. They encourage us to take risks and they also actively seek to understand ground-level issues through effective communication. Additionally, we are consistently striving to enhance our legal strategies and processes to adapt to evolving legal and business landscapes.

    Based on your extensive experience in the legal field, what advice would you offer to fresh graduates who are considering a career in law?

    The legal field offers numerous opportunities and is constantly evolving. Whether in litigation or corporate law, there are vast prospects for fresh graduates. As our country’s GDP grows, the demand for legal professionals will increase, providing ample opportunities for lawyers. 

    However, continuous learning and staying updated with the latest developments in the sector are essential for growth in this field. Many legal websites and resources are nowadays which are invaluable resources for students in this regard. Additionally, while the initial stages of a legal career may seem daunting compared to other professions, the rewards throughout one’s life are significant.

    Get in touch with Saswata Banerjee-

      

  • “In the corporate world, lawyers are often viewed either as impediments to the goals that ambitious sales folks are trying to achieve or ones who should suggest mechanisms to navigate around the blockers.” – Arpita Mukherjee, Consultant – Corporate practice at ANAND AND ANAND

    “In the corporate world, lawyers are often viewed either as impediments to the goals that ambitious sales folks are trying to achieve or ones who should suggest mechanisms to navigate around the blockers.” – Arpita Mukherjee, Consultant – Corporate practice at ANAND AND ANAND

    This interview has been published by Namrata Singh and The SuperLawyer Team

    Looking back at your remarkable 34-year career, it’s evident that you’ve broken barriers and achieved significant success in a field where women were once a minority. Could you share some insights into the challenges and difficulties you faced during the early years of your career, and how you overcame them to establish yourself as a leader in corporate law?

    I love this question. In the corporate world, lawyers are often viewed either as impediments to the goals that ambitious sales folks are trying to achieve or ones who should suggest mechanisms to navigate around the blockers. Several times making your point of view heard in a room full of ambitious young men who had pre-decided the path forward was an enormous challenge. The only good point is that companies will not proceed until they have the legal sign-off so you surely had the last word but then your word will decide if you made enemies (lawyers certainly don’t make friends) or were perceived as difficult. I always viewed my role as a solution provider and what worked was to always share 2-3 options for the group to decide and weigh their risks. As a young professional, I always classified those options as High-risk, Medium-risk and Less Risk for the group to decide. Yes, you could say that this is more CYA, but I certainly did not wish to be seen as a blocker.

    Your career spans across diverse industries and roles, from telecom to multinational retail and now law consultancy. What drove you to make such transitions, and how do you think these experiences have shaped your perspective in corporate practice?

    I see my Legal role as a Risk Consultant. To add, I was passionate about learning new industries. Fortunately, the early 1990s and the liberalisation wave that set in our country brought several new industries into existence – Mobile Telecom, Business Process Outsourcing (BPO) and Technologies like Optic Fibre Networks and also infrastructure expansion. I recall, there were several Public-private sector partnership opportunities that came up. My employment with ICICI as a legal counsel exposed me to study and approve/ disapprove of legal covenants to cover risk when the organisation was sanctioning project loans to companies that were being set up in these sectors. The “thirst to learn” was a key driver. Mind you, Google was only born in 1998 so it was all hard work to find material, study them and identify risks and mitigations. And then when US MNCs started to set bases in India for outsourcing their business processes, I was perforce exposed to draw balances between the laws that governed those firms in the EU/ US and the laws that are applicable in India. I remember my stint with the BPO arm of General Electric when we had to educate our Indian employees to be familiar with FCPA (Foreign Corrupt Practices Act, 1977 of the US). The list goes on as I dabbled with more EU firms (like my stint with the Finnish-German Nokia Siemens and later with Metro Cash & Carry, AG) and this shaped me to become who I am today. In summary, “Learn and Be Curious” – which I understand is a leadership principle of today’s Amazon, is in essence I imbibed as an individual, quite unknowingly and intuitively.

    Your work includes managing legal and compliance functions across various multinational companies. Can you share a particularly challenging situation you faced in this role and how you managed to navigate through it successfully?

    One such complex instance was with my previous organisation Levi Strauss. I was their General Counsel in India and the parent organisation decided to sun-set their brand “Denizen” in the Indian market. Denizen as a brand within the company had its own set of merchandisers, retail agreements, procurement and supply chain and XXXX. While the US laws are more flexible on “firing” of employees as an outcome of business decisions, the Indian laws are not as flexible. Drawing an optimal balance was challenging and complex. You had to manage local employee morale, not draw unwanted attention from any Govt department and also educate and convince my US counterparts on the best outcome. There were long and serious discussions with the India CEO, US Legal counterparts and Finance, HR. I am proud to say that we managed it extremely well and with immense employee satisfaction and complied with all local regulations. Shaking hands (the final one) with more than 100 franchisees and distributors without a single legal notice or dispute was nothing short of a feat.

    As someone who has worked across different cultures and countries, what do you think are the key skills needed to effectively communicate and negotiate in a global business environment?

    There are 4 skill sets for a corporate lawyer and they work across cultures and geographies. You need to be an “active listener” – understand the problem right, be “patient” – 99% of the times, the first answer you hear from your stakeholder on your solution is “not acceptable” or “learn from other companies in the market which are doing this anyways”; third one is “do your homework” – remember you are solution provider and risk manager, so study in-depth about the issue and potential implications of your solution and last one is “don’t be diplomatic” – a lawyer needs to “show the mirror” to the CEO. Being ambiguous, using legalese and trying to please may work for your career in the short term but then remember, you are not in for the long haul.

    You’ve had a unique journey, including working with companies like Levi Strauss & Co and Metro Cash & Carry. Can you share a memorable experience or lesson learned from your time in these organizations?

    The most important lesson before I share any experience is that working for a firm headquartered in Germany (Metro Cash & Carry) is vastly different from a US headquartered multinational (Levi Strauss & co). I was the GC in both these firms. Both countries are economic powerhouses in their continents but their ways of working, their etiquettes, their leadership & management styles, and their focus on metrics are vastly different. For example, while some prioritised “shareholder return” more than “employee experience”, making that shift in mindset was very challenging for me. So when I was at Metro Cash & Carry, all my learnings until that time came to be of not much use (I had worked mostly with US MNCs until then) and I had to unlearn a lot of them to find my way through with the German leadership.

    Your career has seen you handle high-stakes litigations and complex negotiations. What personal qualities or attributes do you think have been most instrumental in your success?

    I think this question has a high degree of overlap with the question above on “key skills needed”. Remember you are a “solution provider” and a “risk mitigator”. And so not being diplomatic works for you. The journey is difficult and you need to learn to be “lonely” because you are perceived to be “difficult” in the organisation despite your best efforts because you are always “showing them the mirror” and people don’t like to hear counter-viewpoints. You build your credibility slowly and then comes a point when you are consulted on every minor matter before the company. I must share that this is not easy for at times I have to let go of my personal time/ vacation to solve an issue. Family support has been the key here for they understood my situation.

    You’ve been involved in significant projects like the amalgamation of Tata Group’s telecom business with Bharti Airtel. What are some key takeaways from managing such large-scale endeavours, and how do you ensure smooth execution amidst various challenges?

    Being open to a collaborative and inclusive approach is essential in navigating large conglomerates where various key stakeholders have their own mandates. Synthesizing those mandates and bringing everyone together to address the common cause (the deal) is key to the success of both the deal and its torch-bearer.

    Outside of your professional life, do you have any hobbies or interests that you’re passionate about? How do you unwind after a long day at work?

    I am passionate about music and long drives .. like super long drives with my family. For a large part of my life my Pets who are no more “Cindy, Sophia, and Socks” were my lifelines. Their unrequited love for me was a big factor. Caring for them, and playing with them was my way of unwinding. One more pet who is still alive “chutki” gave me company when for 6 years I was stationed alone in Bengaluru (my family was in Delhi). Back then, I looked forward to every Friday to fly back home. That simple thought of flying back every weekend was an adrenaline rush for me. I love nature and have a keen eye. For example, the other day while walking on the street, I showed my family an owl sitting on a lamp pole. These are small and simple events that give me immense joy.

    With your expertise in areas like intellectual property, corporate compliance, and labor laws, what advice would you give to young professionals aspiring to pursue a career in corporate law, especially in navigating the complexities of the modern business landscape?

    Today’s youngsters are way smarter than me. I don’t think they need any advice from someone like me. I can only offer one advice and that is to develop life skills that are not taught in the classrooms today and kids of today have mostly been protected and provided for in an intense manner. For example, I am not aware of any subject that teaches you to “maintain your cool when the world disagrees with your POV” in the boardroom. You will be flooded with instances where you have to walk on water (not be diplomatic yet you also wish to rise in your career graph) and that for sure is not there in any textbook. They also need to prioritize physical health along with mental well-being. Saying anything more will be preachy.

    Reflecting on your extensive career and the changes you’ve witnessed over time, what differences do you perceive between today’s generation entering the workforce and those from when you began your career? Additionally, where do you believe today’s generation could focus more on enhancing their professional development?

    Today’s generation is much more suave, articulate and well-informed. Some of my interactions with young ones impress me no end. For example, the other day I was a judge at a student event at NLU Delhi and the subject of contract negotiation was tackled by students (who probably have never negotiated in real life situation) in a manner and with such imaginative situational responses, it really left me wanting to go back to school with them.

    Get in touch with Arpita Mukherjee-

  • “As a leader, give direction, seek feedback, and motivate positively to foster excellence.” – Explore the remarkable journey of CS Vandana Bhatia, Director-Legal, Compliance & Company Secretary, Ryan

    “As a leader, give direction, seek feedback, and motivate positively to foster excellence.” – Explore the remarkable journey of CS Vandana Bhatia, Director-Legal, Compliance & Company Secretary, Ryan

    This interview has been published by Namrata Singh and The SuperLawyer Team

    Vandana, your journey from college to becoming a prominent figure in corporate law and compliance is truly inspiring. Could you walk us through your college years and share what influenced your decision to pursue a career in this field? Additionally, what were some of the initial challenges you faced when you started your career, and how did you overcome them?

    I started working right after class 12 to complete my higher education due to my family crises. I did my higher education through distance learning; it was challenging and not easy as having to work and study together. Also, didn’t have enough guidance, so I took some tutions on subjects that I found difficult over weekends and late hours—still managed to complete the same after so much struggle and hard work. I belong to Ghaziabad a place that was back then known for power cuts that were longer than 12 hrs. a day, I remember studying in candlelight sometimes. I never wanted to be what I am today (wanted to be a journalist back then), my father encouraged me to pursue Company Secretary and that further influenced my decision to have MBA (finance) and LLb degrees in my hand. I am proud of the decision that I took back then to fulfil my father’s wish and thank my parents for always being an encouragement and support system for me.

    Congratulations on receiving an honorary doctorate in Law and Governance from California Public University! Could you share with us what this recognition means to you personally, and how it has impacted your career trajectory and aspirations for the future?

    This is like a dream come true, I always wanted to have a doctorate and prefix Dr. in front of my name. It was a complete privilege and honour for me to get this Honorary Doctorate from California Public University. This has helped in receiving recognition from many of my peers and seniors.

    You currently serve as the Director-Legal & Compliance at Ryan India Tax Services Private Limited. Could you provide us with insights into your day-to-day responsibilities in this role and how you ensure alignment between legal and compliance functions within the company?

    I have a big role and responsibility to ensure 100% compliance on all functions in India and that requires regular monitoring and diligence. Further as legal director, my responsibility is to provide legal advice, review legal documents and proactively address to legal risks. I happen to be successful in balancing both roles as I have my own matrix to categorize the matters/tasks.

    You’ve navigated through various sectors such as pharma, education, finance, and more. How has this diverse experience influenced your perspective on corporate governance and compliance across different industries?

    I have been lucky in working in different sectors which made me understand certain regulations applicable to those sectors like in pharma there is specific drugs and cosmetics acts which is applicable; NBFC have certain Master Directions of RBI that need to be adhered too. This provided an edge to learn those specifics and apply the same in the job.

    Your list of achievements and awards is incredibly impressive. Amidst such professional success, what personal values or principles do you hold dear that guide you through your journey?

    My personal mantra is to act with integrity and be true to yourself. Keep working hard and smart and believe nothing is impossible.

    You’ve been involved in instituting corporate governance frameworks and setting up processes in multiple organizations. What are some common challenges you’ve faced in this process, and how do you overcome them?

    Challenges were to go deep dive into the problem areas of non-compliance and making the same complaint. That required going back to the inception of the organization. The developing process was not that challenging but making stakeholders understand the implications and implementation was a tough job.

    Your list of achievements and awards is incredibly extensive, ranging from being recognized as one of the “Top 10 Chief Compliance Officers in India” to receiving the “Golden Pinnacle Award” and an Honorary Doctorate. How do you stay grounded amidst such recognition and maintain a humble approach to your work and interactions?

    I always believe you should never forget your roots and the hard work that you have put in to achieve them. It’s not only professional but I always believe that even personally a person should stay humble.

    As a leader, what qualities do you believe are essential for fostering a positive work culture and inspiring your team to achieve excellence?

    As a leader, it is important to give the right directions to the team, and give them space to explore, innovate and learn. It also important for a leader to seek feedback from the team which will build a positive impact and confidence on the team. Give credit and recognition to those deserved in the team and motivate others positively. Be approachable and not bossy.

    Beyond your professional achievements, what are some hobbies or interests that bring you joy and fulfillment outside of work? How do you make time for them amidst your busy schedule?

    I love reading books (mostly spiritual books) and travelling, I try to squeeze a week travel once or twice in a year.

    Given your extensive experience and remarkable achievements, what suggestions or advice would you give to the upcoming generation of professionals looking to enhance their CV and leave a lasting impact in their respective fields

    Don’t restrict to work been assigned to you, keep looking for the opportunities within organization where you can grow and provide your value addition. Keep learning as that never stops and compete with yourself. Also, diversify your work horizon.

    Get in touch with CS Vandana Bhatia-

  • “Dream big so that you work hard to achieve the life you want, but in the meantime, don’t forget to live.” Encouraging young legal professionals to approach their careers with positivity and resilience – Karan Bindra, 𝗙𝗼𝘂𝗻𝗱𝗲𝗿 𝗮𝗻𝗱 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝗮𝘁 𝗞𝗜𝗔𝗔 𝗟𝗟𝗣

    “Dream big so that you work hard to achieve the life you want, but in the meantime, don’t forget to live.” Encouraging young legal professionals to approach their careers with positivity and resilience – Karan Bindra, 𝗙𝗼𝘂𝗻𝗱𝗲𝗿 𝗮𝗻𝗱 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝗮𝘁 𝗞𝗜𝗔𝗔 𝗟𝗟𝗣

    This interview has been published by Namrata Singh and The SuperLawyer Team

    Can you share insights into your journey from college to becoming the Founder and Partner at KIAA, LLP? What were the pivotal moments or experiences that shaped your decision to establish your own firm?

    Like every law student, I too have had my share of carefree days in college but as I progressed into senior years, the zeal of doing something started to kick in. In the early year of 2011, after the completion of our law degrees, the members of KIAA LLP (as they are today) found themselves taking divergent paths in the legal profession. Some ventured into roles as in-house counsels for corporations, while others worked with seniors in the field, gaining valuable exposure and experience. However, as we navigated our journeys, it became evident that establishing one’s presence in the legal field required more than just exposure. While working with seasoned professionals sure helped us create a space for our own in the industry, the opportunities that we had created for ourselves in that space needed to be tapped in time.

    Realizing this, I engaged in discussions with like-minded colleagues, Ankur and Chayan, who shared similar perspectives on the importance of creating a niche for ourselves in the legal arena.

    Fortuitously, our discussions culminated in a collective decision to join forces and establish KIAA LLP in early 2012. This marked the inception of our law firm, where we aimed not only to leverage our individual experiences but also to pool our strengths and work collaboratively. The firm was founded on the belief that client satisfaction using correct knowledge, providing the right information, and ensuring accessibility of service to our clients even if located in the remotest part of the country. Hence, that got us a name for our perspective, KIAA LLP- Knowledge Information Access Associates Limited Liability Partnership.

    Given your involvement in pro bono services for organizations like Malala Funds and Trust Law, how do you balance commercial legal work with contributing to social causes?

    So, it’s not about balancing at all. It’s about aligning your principles of  life with your work, and what is a man without principles?

    I was born and raised in a Sikh Family with the teachings of the Gurus. I want to take this opportunity to refer to a verse from Shri Guru Granth Sahib Ji which has immortalized words of Guru Nanak Dev Ji – “One who works for what he eats, and gives some of what he has in charity, O Nanak, he knows the path to fulfilment.” Taking inspiration from which, we have always been inculcated with a habit of doing ‘Sewa’ which can be either through  ਮਨ,  ਧਨ (tan (physical service), man (mental/emotional service),  or  dhan (financial support)).

    My intention of working for social causes has always been that of giving something back to society in terms of my time and efforts. So, I utilise my knowledge and expertise to earn my livelihood through commercial matters, and I consider myself privileged to be able to utilise some of it for a social cause.

    KIAA, LLP has received numerous awards and recognitions. What do you attribute the success of the firm to, and what sets it apart in the legal landscape? 

    I attribute the success of the firm to my team- my co-founders, associates and every other member of our staff who do not hesitate to work around the clock if need be. It is also about the work culture at KIAA LLP that we have all built through the years. I have always said that we measure our success not by trophies, awards or cheques but by ‘Client Satisfaction’. I think, our ‘Client First’ attitude is our USP!

    You’re a member of various legal associations and clubs. How has being part of these networks enriched your professional life and influenced your perspectives on law?

    To be very honest, networking is very important in our profession and being part of the legal associations and clubs is a great way to socialise and build a meaningful network. I have benefited greatly from it, not only because I met many of my prospective clients through these clubs but I met people from various walks of life including law, seniors & juniors having different experiences.

    These kinds of experiences widen your horizons as a lawyer. The job of the lawyer is to understand the perspective of his client, and the Court both. We all know how dynamic and subjective human nature is. Being a part of these clubs helps you enhance the emotional quotient- the greatest asset of our profession!

    You’ve served as the Central Government Counsel at the Delhi High Court. Could you shed some light on your role during that time and share any experiences or cases that left a lasting impact on your professional journey?

    Certainly! I was pleased to be appointed as Government Pleader in the year 2012, and I remained on the list of empanelled lawyers with the Central Government Litigation branch at the Delhi High Court until 2017-18.

    This six-year period was most significant in shaping my professional journey. It exposed me to the intricacies of handling multi-faceted and high-stakes government matters.

    One of the distinctive aspects of appearing on behalf of the government is the sense of responsibility and accountability because your actions and advice can have a direct impact on the general public. It goes beyond individual client representation, as you are entrusted with safeguarding the interests of the larger public and the government as a whole. That’s the combination of power & responsibility that a government counsel bears on his head.

    A set of experiences that seemed cumbersome to my 10-year younger self but had the most impact on my professional journey was the manual filing process prevalent at the time. Unlike today’s E-filing systems, we used to stand in queues before filing counters with strict deadlines to meet. This hands-on experience taught me the importance of time management, meticulous preparation, and adherence to court procedures.

    Now, the agility and clarity with which a court case needs to be handled comes as a second nature to me. I guess, now I truly understand the meaning of this phrase “The more you sweat in peace, the less you bleed in war.”

    Can you tell us a bit about the talented team at KIAA, LLP? How do you nurture and support your team members, and can you give us an idea of the size of your team or the number of interns involved in the firm’s operations? 

    First things first, I think every person at KIAA, LLP knows their job well and my co-founders & I give our Associates a free hand to conduct the matters. Of course, we discuss each proposition together and work on possible solutions but flexibility is the key.

    We believe people can work better if they are not micromanaged. We allow them to work freely while standing strong and tall as their support should the need arise. We are a happy, hardworking and fun-loving bunch of about 15-17 people including our clerical staff.

    You’ve expanded KIAA, LLP into a multi-service law firm. What inspired this diversification,  how do you ensure the team provides practical legal solutions to clients?

    I’d rather say, WE have expanded KIAA, LLP into a multi-service law firm. Naturally, when we started the firm, we were a boutique firm working only on the matters that our clients got to us. Over time we realised that most of our clients (largely business & commercial houses) face similar problems, and we thought why not have an end-to-end solution for all these problems starting from compliance to representation in appropriate forums?

    That’s how we undertook expansion and diversification. Just as Rome wasn’t built in a day, we also took our time, took one department, one specialisation at a time. Categorised various departments and hired associates having specialised knowledge in that department. KIAA, LLP as you see today is years of hard work, late nights, early mornings, sweat & blood.

    We have only one mantra of providing legal solutions to our clients- WE PUT OUR BEST PERSON ON THE JOB!

    In addition to your legal expertise, you’ve delved into blockchain and cryptocurrency, as seen in your certification from Berkeley Law. How do you see emerging technologies influencing the legal landscape, and how is KIAA, LLP adapting to these changes?

    Well, the emerging technologies can influence the legal landscape in many ways or they have already started influencing the system, I’d rather say. With Smart Contracts, Live Streaming of court hearings, E-Filings, E-tokens etc. It would come as no surprise when there will be an official cryptocurrency being used as legal tender! Maybe there will be dedicated law firms for Crypto Law Practice in the future, who knows!? The possibilities are endless!

    We are talking about two things that are highly dynamic- Law & Tech! An impact on one industry will definitely impact the other.

    Outside of your busy legal career, can you share a personal interest or hobby that might surprise our readers and provide a different dimension to your personality?

    I love travelling! I find immense joy in exploring new places and immersing myself in different cultures. It’s not just about leisure; I often plan my trips strategically, making the most of the court summer vacations to indulge in this personal interest. Whether it’s a serene beach destination, a historic city, or a picturesque mountain retreat, I appreciate the diversity our world offers, and I make it a point to experience it firsthand. It helps me unwind, gain fresh perspectives, and recharge for the challenges of the profession.

    Another hobby that adds a different dimension to my personality is playing golf. I find solace in the greens, it helps me strike a perfect balance between relaxation and skill, offering me a chance to clear my mind while engaging in a sport that requires focus and precision.

    Not many would know but I am also an avid collector of watches and antiques. I appreciate art & craftsmanship. Each watch or antique item tells a unique story, and helps me travel in the era bygone!

    Having navigated through diverse legal challenges, is there a piece of advice or a valuable lesson from your career that you would like to share with the upcoming generation of legal professionals as they embark on their journeys in the legal field?

    I would say to my young colleagues & fellow persons: – Dream, Work & Live! Dream big so that you work hard to achieve the life you want but, in the meantime, don’t forget to live. That would mean allowing yourself to make mistakes, they would teach you lessons no law school and mentor can teach. Keep moving and be positive about your work because like a wise man said-

    ‘A pessimist makes nothing not even a mistake!’.

    It would be most appropriate to end this conversation with a saying of Steve Winwood, “The finer things I feel in me, the golden dance life could be.”

    Get in touch with Karan Bindra-

  • “Politeness is an understated skill to possess; it reflects integrity and professionalism in every interaction.” – From navigating high-stakes commercial disputes to advocating for legal reform in Chhattisgarh, Rishabh Garg, Partner at Pransh Law Offices

    “Politeness is an understated skill to possess; it reflects integrity and professionalism in every interaction.” – From navigating high-stakes commercial disputes to advocating for legal reform in Chhattisgarh, Rishabh Garg, Partner at Pransh Law Offices

    This interview has been published by Namrata Singh and The SuperLawyer Team

    Reflecting on your journey from ILS Law College, Pune, to your current position as a Founding Partner at Pransh Law Offices, what pivotal moments or experiences shaped your career in law and What inspired you to establish a legal practice in Chhattisgarh, and what unique approach does Pransh bring to the legal landscape?

    My first encounter with Law was when I was an hour away from my higher secondary mid-term examinations at Symbiosis Junior College, Pune. I had received a call from my inconsolable mother, “Your father has been arrested”. I remember returning to my hometown Korba, Chhattisgarh after my exam and spending months going through the complex legal proceedings. It was then that I studied the law in detail and had a very many meaningful conversations with the lawyers. It took 4 months of hardships before he was discharged of all offences. I believe that’s when I found my true calling and joined ILS Law College in 2008. 

    At ILS, one had to be self-motivated in order to learn since the College did not mandatorily require anyone to partake in any activity other than attending lectures, which too, ended at 10 in the morning. This meant one had ample time to explore and identify one’s area of interest. I did a couple of internships in Corporate Law during the initial years, but it was my internship with a Senior Advocate in the Supreme Court in my penultimate year that made me realise that litigation was what intrigued me. Therefore, after passing out of ILS, I applied to a few law firms and Senior Advocates in Delhi to begin my career in litigation, however, nothing materialised and I was forced to start my career from my hometown in Chhattisgarh. 

    In Chhattisgarh, I realised that although opportunities abounded, the learning curve was slow and Seniors did not take particular interest in teaching the nuances of the law to a young graduate. As such, at the advice of my peers, I left my practice in a year and joined Tech Mahindra in their litigation team in Hyderabad. Tech Mahindra had just taken over Satyam Computers at that time, which meant, being involved in several high stake litigations to deal with. I enjoyed my time at Tech Mahindra but since the goal was always to gain experience and come back to Chhattisgarh, I left that job within a year; pursued a Master’s Degree from the National University of Singapore; and founded Pransh Law Offices in Raipur in July 2016. 

    At Pransh, we believe in keeping things simple. We ensure that our drafts are prepared on time and there are no unnecessary adjournments in Court. We thoroughly research the legal issue involved before giving opinions. We are polite, we do not overcharge, and we keep our Clients up to date with the developments in their matters. We are a team of 11 lawyers who stand shoulder to shoulder in pursuance of holistic growth. We also often collaborate with other firms/lawyers to ensure the best possible outcome for our Clients. 

    Having pursued your LL.M. in International and Comparative Law from the National University of Singapore, how has your international education influenced your approach to legal practice in India?

    Studying at NUS for a year taught me to meticulously draft a legal document after extensive research. It helped me develop analytical skills, since at NUS, we were given reading material a week prior to lectures – where we were supposed to share our thoughts on the reading material. Other than that, the substantive law that I read there has not really helped me yet in my legal practice in India. In fact, a Masters does not really help in litigation, other than the skills one develops, and it is advisable only if academics is one’s calling.

    As a seasoned legal professional, you have extensive experience in high-value commercial disputes and advising clients in various industries. Can you share some insights into the challenges and rewards of practicing law in the domains of DDUGKY, Mining, Construction, and Infrastructure?

    In commercial disputes, it is important to know the business as much as it is important to know the law. These disputes are mainly governed by a Contract in writing, and therefore, a thorough understanding of the Law of Contracts is extremely important. 

    Early on in my practice, I got the opportunity to work on several low-stake commercial matters. Every matter had its own complexity where I made mistakes and learnt from them. Over time, it gave me the confidence to take on high-value commercial disputes; since there is no scope for making mistakes in high-value transactions. 

    One of the many challenges we often face in these domains is to quantify the damages that arise out of breach of the Contract. Courts, after Kailash Nath v/s DDA, have held that even Liquidated Damages have to be proved. Often, Clients – at least in a jurisdiction such as Chhattisgarh – don’t maintain their books of accounts properly to enable lawyers to quantify damages such as loss of profits and profitability. As such, a favourable Award / Order in such circumstances is always rewarding. 

    Pransh Law Offices covers a range of practice areas. Which area do you find the most fascinating or challenging, and why?

    As a firm, my colleagues practice extensively in criminal and civil law; however, I personally don’t have the temperament to practice criminal law. As such, I stick to commercial disputes only. 

    The fascinating part about commercial disputes is that they can be settled; there’s a quietus to the never ending litigation. I think lawyers have a substantial role to play when it comes to settlement, as they are the ones who initially inform their Clients of the merits involved in the matter. An honest opinion can help litigants make an informed choice whether to pursue the matter in Court or settle. 

    Your time with the Global Litigation and Arbitration Team at Tech Mahindra involved handling diverse cases. Can you share an interesting or unexpected challenge you encountered during that phase of your career?

    We were dealing with a litigation against Tech Mahindra in the Courts at Los Angeles, California, filed by a disgruntled employee who was sent Onsite from India. During discovery, we found documents against the employee; however, the legal costs, publicity, and risks of going through a jury trial forced us to settle the matter. It was then as an in-house counsel that I realised that litigation is not just about the law or proving who is right/wrong. There are many variables and considerations, such as costs, bargaining power of the parties involved, and attitude of the Presiding Officer of the Court, among others, that are to be kept in mind while dealing with a dispute. 

    Beyond your legal work, you’ve volunteered as a teacher with Make A Difference. How has your experience in community engagement shaped your perspective, both personally and professionally?

    During my time at Make A Difference, I was tasked with teaching English to a Class of 4 Juvenile Convicts in a Juvenile Home in Pune. Professionally, it was obviously a very enriching experience since it was hands-on learning on how the Juvenile Justice Act worked. Personally, it was an experience that made me culturally sensitive and socially aware. These Juveniles were some of the smartest 10-year-olds I met who were also grateful for the learning opportunity. It made me trust the reformative form of punishment. 

    You’ve been recognized for your contributions. Could you share a bit about any notable publications you’ve authored or awards you’ve received, and what those moments meant to you?

    I have not had the honour of receiving any of the prestigious legal awards.

    My last publication was a result of a sleepless night during COVID-19 graciously published by Bar & Bench on Access to Justice in the State of Chhattisgarh, which can be accessed here:

    https://www.barandbench.com/columns/access-to-justice-or-lack-thereof-in-the-state-of-chhattisgarh

    Although it has been a while since I have done any legal writing, I believe legal writing offers a unique avenue for the expression of creative arguments; which unfortunately, legal pleadings do not provide. Legal writing fosters a dynamic and evolving dialogue within the legal community. I regularly read articles published on “indianconlawphil” and “indiacorplaw”. I can only wish that my practice affords me time to write such enriching articles.  

    As someone deeply connected to Chhattisgarh, how do you perceive the evolving legal landscape in the state, and what role does Pransh play in contributing to that evolution?

    We have been making representations to the Government urging them to establish more Commercial Courts in the State as well as set up other Tribunals like DRT, NGT, and NCLT but to no avail. More Tribunals would mean more opportunities for Lawyers as well as access to litigants. It would also ensure the development of a Commercial Bar in the State, which is non-existent as of date. There is still a long way to go! 

    Beyond the legal realm, what are your hobbies or interests that bring you joy and relaxation outside of work?

    General interests in movies/music aside, I went for a 7-day trek to Har-ki-doon a couple of years ago, which got me hooked on trekking. I make it a point to go on a trek during Court vacations in summer. It allows me to be completely disconnected, reducing the mental strain associated with information overload. 

    What advice do you have for law students and aspiring lawyers who are navigating their way through legal education and considering a career in law?

    a) Politeness is an understated skill to possess; b) Don’t be arrogant, it reflects in Court, and no one likes to deal with an arrogant person – neither the judge nor the client; c) Try and make the job of the Court easier – submit brief written arguments with case compilations, whenever possible; d) Be patient, the learning process is slow; e) Don’t be hard on yourself. 

    Get in touch with Rishabh Garg-

  • “I feel that increased technological advancement in legal practice will create better opportunities for young lawyers, will lead to increased transparency, lower rates of disputes,  faster dispute resolution, standardisation of legal fees and overall improvement of the legal system which directly impacts ease of business”- Saurabh Bhardwaj”, Partner, ORTIS Law Offices

    “I feel that increased technological advancement in legal practice will create better opportunities for young lawyers, will lead to increased transparency, lower rates of disputes,  faster dispute resolution, standardisation of legal fees and overall improvement of the legal system which directly impacts ease of business”- Saurabh Bhardwaj”, Partner, ORTIS Law Offices

    This Interview has been published by Pragya Chandni and The SuperLawyer Team

    Can you share with us what initially inspired you to pursue a career in law, and how did your journey in the legal field begin?

    My father who is a practising lawyer inspired me to become a lawyer. He believed that my analytical skills, command on languages and oratory skills would get me immense success in the legal profession. During my college days I interned with some of the best senior lawyers of the country and was mesmerised by their personalities and their court craft. I aspired to become a senior counsel one day and that’s why I started my career as a litigator. I started my career with my father but shortly thereafter joined the office of a young and successful lawyer in Tis Hazari District court. With my mentor and first boss I got the opportunity to work on some very high stake white collar crimes cases as off-counsels for tier 1 law firms. I was taking up my own matters as well as assisting my senior in his matters. After 4 years of litigation I felt I was stagnated as I had ready playbooks for all kinds of criminal and civil litigation and the cases progressed very slowly. I felt I should expand my horizons and learn a little bit about corporate legal work before I can decide which way to go.

    At this time I got the opportunity to work in the legal department of a popular Indian mobile phone company (Micromax) where I got to draft,review and negotiate commercial agreements for the first time. During my two years of working with the said company I learnt immensely about business and the role of lawyers in ensuring good business hygiene. I would work directly with business heads of various departments and get to learn in detail about their respective departments. I understood the scale of legal operations that are there in big corporations and how to manage them using available digital tools. I also learnt how to get things done by making interpersonal bonds with people which I could never learn as a litigation counsel. Later, I started my own boutique law firm with a few of my friends from law college and started providing comprehensive legal services to startups in NCR including disputes resolution, general corporate, M&A, IPR, compliances etc. In the year 2022 I decided to finally start working on my long standing dream of starting my own business in legal-tech space and that’s when i incorporated my own company to develop a B2B legal tech SaaS platform under the brand name “TrueCounsel”

    Versatility in Legal Practice:

    Legal profession is more art than science and although I do believe in the importance of specialisation, I feel a good lawyer can do anything and everything. Many great lawyers choose to specialise in one area of law but if needed they can take up any kind of challenge. A lawyer who has the capability of representing a client before the Hon’ble Supreme Court of India, can also represent a client in an international arbitration, can also negotiate a high stake deal, can also become a politician, can become a great entrepreneur etc. The level of preparedness, meticulousness, foresightedness and oratory skills that are expected of lawyers, make us ready to take any challenges head-on and with ease. We are mostly performing and at best of our behaviour be it before a court or in a virtual meeting or even when casually meeting anyone in our social circle.

    You have expertise in both litigation and corporate legal work. How did you find yourself navigating both these aspects of law, and which area do you find more challenging or rewarding?

    I find myself navigating between all aspects of law quite smoothly. I believe good research is the key to do well in any area of law or business or technology. I like to take on challenging problems and solve them by sheer hard work. All areas of law are equally challenging and rewarding in my experience and I feel that I thrive under pressure. Whenever I feel that I have become comfortable and bored, I try to take on a new and bigger challenge for myself. Presently I am focussed on learning how to mentor and train the young generation of lawyers which is very different from my generation and becoming a good leader. Also I am facing the challenges of being a tech founder and running a highly competitive business which is very different from being a lawyer.

    You mention a strong aptitude for managing large volumes of corporate disputes using the latest technology. How has technology played a role in your legal practice, and how do you see it shaping the future of dispute resolution?

    The first time I started managing huge volumes of agreements, consumer disputes and recovery matters as an in-house legal counsel, I realised this was completely different from being a litigator. This was the first time I used Microsoft Excel with the help of my boss and second mentor who is also a Chartered Accountant. I understood the importance of using digital tools effectively in order to manage large volumes of data. I had been using technology for legal research during my litigation days already along with OCR tools for extracting data easily for drafting but beyond that I did not know much about the need of tech in the legal profession. This was the time when companies such as ProVakil, Vakilsearch, MyAdvo, Mikelegal etc. had also come up with the objective of solving major pain points in the legal industry using technology. These companies provided solutions for easy discovery of legal professionals, contracts workflow management, automatic updates on court cases, enforcement of IPR etc. This caught my interest immensely as I could see that any problem can be solved using technology and that India is booming with a tech workforce which can create any kind of tech very fast. During the Covid times, the necessity for incorporating tech in legal practice got highlighted and we saw fast advancement in this direction.

    I feel that increased technological advancement in legal practice will create better opportunities for young lawyers, will lead to increased transparency, lower rates of disputes,  faster dispute resolution, standardisation of legal fees and overall improvement of the legal system which directly impacts ease of business.

    Could you share one or two experiences representing clients in high-stakes disputes that have left a lasting impact on your approach to legal representation?

    During my initial litigation days and also when I was working as an in-house counsel, I got to work on some very high stake disputes involving foreign entities. I got the opportunity to work with foreign lawyers and I was highly inspired by their inquisitive approach towards understanding Indian law. I drafted memos and legal opinions which were then vetted by tier-1 Indian law firms and finally shared with these foreign lawyers and that taught me how to appreciate law from an outsider’s perspective. I became more critical and inquisitive about statutes and legal provisions. Also I learned the importance of strategising in detail at the very commencement of a dispute and factoring in all possible outcomes of every step well in advance so that you are never caught by surprise. It also taught me how to manage voluminous documents and data effectively in order to succeed in any dispute because more than law, the facts make or break a case.

    Moving on to your current role as a Partner at Ortis Law Offices, what prompted this transition, and how has this role differed from your previous experiences?

    When I merged my law firm with Ortis Law offices, I made a hard decision to stop doing everything and focus completely on corporate legal work. This decision was prompted by the need for specialisation. I had been doing everything that would come to me and even actively generating work in all possible directions but I realised that although this keeps me motivated, it is not very effective in many ways. I realised that once you have more than 10 years of experience, you must pick an area of law and focus completely on it while generating other work for your partners in the law firm. This creates a good structural foundation for scaling up your legal practice. At Ortis Law Offices I learnt how to be a good mentor and senior. Earlier I would expect a bit too much from my juniors and as a result would become very frustrated with them. This led to low motivation and a toxic environment in my team but my senior partners at Ortis Law Offices taught me how to keep your team happy and motivated and give them space to blossom. Also, while working with other partners at the firm I learnt a lot more about working with MNCs and big clients than I had in my earlier experience.

    You’ve been involved in various acquisitions, funding rounds, and legal proceedings. Could you highlight a recent case or advisory role that stands out to you and share some key lessons or insights gained from it?

    Recently I worked on the acquisition of a company undergoing financial distress wherein I had to represent the said company and its founders. At the same time I had to negotiate settlements with the creditors of the company. This was a very stressful and hectic project wherein I learned how to keep calm and stand your ground under tremendous pressure while representing the losing side in a transaction.

    As someone with over a decade of experience in the legal field, what advice would you give to law students or recent graduates who are starting their careers in law? What lessons have you learned that you believe would be valuable for them?

    My only advice to young law students and lawyers is to do as much freelance work as possible. I believe that while working with seniors or in a law firm structure or as an in-house lawyer one tends to have huge scope for error and a lot of cushion but when you freelance you are directly answerable to the client which teaches you professionalism at a whole different level. It teaches you how to value their time and provide the highest quality of services that you can. 

    Another important advice is that you must keep adding skills in your arsenal. The moment you stop updating your skills you become obsolete and redundant. I recommend that the young lawyers should use as much technology as possible while doing their research, drafting or any other work to increase efficiency and quality of their product and keep a lookout for the latest advancements in legal tech.

    Get in touch with Saurabh Bhardwaj-

  • “Passion is key, and success comes from enjoying what you do. Invest time in learning about the industry, attend training sessions, and network with peers. As you climb the ladder, mentor and guide juniors with patience.” – Shagoofa Rashid Khan, Group General Counsel & Head Corporate Affairs at National Investment and Infrastructure Fund (NIIF)

    “Passion is key, and success comes from enjoying what you do. Invest time in learning about the industry, attend training sessions, and network with peers. As you climb the ladder, mentor and guide juniors with patience.” – Shagoofa Rashid Khan, Group General Counsel & Head Corporate Affairs at National Investment and Infrastructure Fund (NIIF)

    This interview has been published by Namrata Singh and The SuperLawyer Team

    Looking back at the journey from your CA articleship to becoming the Group General  Counsel at NIIF, how did you initially decide to pursue a career in law, and what pivotal  moments shaped your decision to specialize in corporate law and investment funds?  

    My career path has been a case of pure serendipity. I chose the CA course as my group of  friends collectively decided this was the path forward for us. After qualifying as a  chartered accountant, I thought of giving civil services a shot. Hence, I picked “law” as a  second subject. I joined Government Law College (GLC), as it was convenient to attend  morning college and get to work at my chartered accountancy firm by 11 am. I had  encountered Nishith Desai Associates (NDA) in my work-related research, and hence  when they came to GLC for campus recruitment, it was a no-brainer to sit for their  interview. From what the interviewer told me later, I came across as a no-nonsense nerd,  and when they made an offer, I accepted. That’s how my journey in the professional field  of law started.  

    In those days, NDA was a leading firm in India in the fields of international tax and  investment funds. I joined the tax team and being a CA-and-lawyer, I got pulled into the  funds team. I thoroughly enjoyed my time at NDA and lapped up every challenge /  opportunity thrown at me, be it international tax advisory, international tax policy, fund  formation, fund documentation, corporate transactions work, pro-bono advisory etc.  

    Looking back, I can only conclude that whenever I was at the fork of a decision in my  career path, I took that leap of faith and successfully ploughed my way with self-belief  and hard work as my tools. And as for the challenging days, I had the blessings and  patience of my family and guidance from friends and well-wishers to pull me through.  

    As the Group General Counsel at the National Investment and Infrastructure Fund  Limited (NIIF), what are some unique challenges and exciting opportunities you  encounter in your current role? 

    When I joined NIIF, I already had over two decades of experience behind me. The niggling  feeling was, what next. I had been an external lawyer as well as in-house, so what more  could I look forward to. In NIIF I found the next chapter in my professional life.  

    During my interview for the post, my boss-to-be asked: what is it that makes NIIF an  appealing opportunity to you? My answer was, NIIF as a sovereign anchored fund is a  unique experiment in the history of India and it would be an honor to be a part of this  history.  

    As Group General Counsel and Head Corporate Affairs (GGC-CA) at NIIF, the unique task I  had to dive right into was ‘stakeholder management’. NIIF is 49% owned by the Government of India and balance 51% by sovereign, quasi sovereign, and other institutional investors (domestic and offshore). The Board is a representative of these diverse stakeholders as  well as independent directors. Hence, as GGC-CA being trusted advisor to the  stakeholders is key. A routine day is a combination of being the voice of reason, providing  clear legal advice, addressing compliance challenges, providing guidance on governance  matters, being sounding board for new ideas, and supporting business teams in executing  strategic decisions. As fiduciary for investors’ monies, it is imperative to approach every  legal/compliance conundrum with thorough technical analysis, test alternate outcomes,  closely monitor execution and reporting.  

    NIIF offers exciting opportunities for professional growth and intellectual curiosity as we  continue to scale our various investment platforms (across various infrastructure sub sectors), expand our private markets footprint, roll out new fund products (including our  maiden India-Japan Fund) and much more.  

    From your extensive experience in structuring funds to managing acquisitions and  joint ventures, you’ve covered a wide spectrum of legal aspects. Is there a specific area  within your expertise that you find particularly fascinating or enjoy working on the  most?  

    My first love has, and continues to be, taxation. As a student, I aced the subject and had  penned “be a core member of the team to re-write the Indian income-tax act” on my  vision board! Well, I haven’t achieved that goal but I have enjoyed my tryst with various  taxation matters. Researching on and writing tax opinions has been tremendously  rewarding, tax structuring of funds, managed accounts, fund investments, strategic  ventures and other collaborations helped me to deftly leverage my passion and expertise.  Through my focus on ‘policy advocacy’, I have also made representations (and drafted  proposed amendments) on tax, legal and regulatory issues.  

    Another fascinating aspect of my professional life (which am sure, other deal junkies like  me will also confess) is negotiating complex contracts. On the execution day of any  transaction, it is absolutely satisfying to check your score card and find that the deal  breakers were addressed suitably and the terms of the resultant contract have emerged  as clear and unambiguous, thus being capable of performance as well as enforcement.  

    In one of my early transactions, when I ended up being chosen as the common counsel  for the buyer and seller of a large real estate transaction, I asked the seller-client (who  had approached me first) that aren’t you worried a common lawyer may find a middle  path rather than fight for your side? His reply has stayed with me since: there is never a  good contract with a bad counterparty and never a bad contract with a good counterparty.  A clever lawyer is one that doesn’t miss the woods for the trees. Stay focused on why that  transaction is important for your company and thereby make the right legal calls for the  longevity and success of the business.  

    As a seasoned counsel, my approach is not to treat the negotiation room as a war zone.  Rather take it as an opportunity for parties on both sides to negotiate in good faith and  with the objective of finding the best workable solution for any deadlock in the commercial imperatives. Having worked on several transactions in my career, I have  realised that a deal can take a life of its own and it is very easy to get caught in the vortex  to make the deal happen. However, knowing when to keep going and when to back off  from a transaction is a critical skill to cultivate. “Sometimes your best investments are the  ones you don’t make”1.  

    As a jury member for awards recognizing Alternate Investment Professionals in India, what qualities or achievements do you look for in professionals that make them stand  out in the field of investments and legal advisory? 

    When Aditya Gadge of Equalifi reached out to me to be a member on their jury for “40  under 40, Alternative Investment Professionals in India”, it felt like coming of age and as if  we the jury members were handing over the baton to the next generation stars. The  nominees definitely lived up to this expectation. The nominees had dedicated years to  their respective fields with passion and had strived to make a mark for themselves.  

    The qualities that I appreciate are: consistency in performance, staying focussed when  faced with a challenge, ability to spot opportunities and own the space, and bias towards  quality in execution. For professionals in the legal and compliance function the qualities  that will make them stand out are: solid foundation (educational / practical training),  ability to navigate the grays, a strong backbone to withstand pressures/not take short  term calls, foresight to spot legal/regulatory changes on the horizon and impact on the  company/business and having an affable personality.  

    Being a member of SEBI’s Working Group on AIF Regulations and other regulatory  committees, how do you see the evolving landscape of investment regulations in India,  and what role do you think legal professionals play in shaping these changes?  

    There is no doubt that we are functioning in a complex and dynamic legal and regulatory  environment. Change is the only constant. Laws are being redrawn, regulations are being  upscaled and regulators are being conferred with enhanced powers. It is no surprise that  in such a scenario, the experienced senior and her freshly minted lawyer are reading the  new law at the same time!  

    Legal professionals play a pivotal role in such times. Legal acumen and clarity in drafting  are the two key skill sets that a legal professional brings to the expert group / committee.  With her experience, the legal professional can also help the ministry / regulator sift  through the clutter and narrow down the mischief that needs to be addressed through  the new law or regulation. The new law / regulation needs to address the ostensibly  contradicting objectives of keeping the industry in check (from malpractices) and support  growth of the industry. Thus, being effective through the policy drafting process becomes  very important.

    Unfortunately, clear drafting is becoming a dying art. Have encountered many lawyers  accessing the myriad library options and walking the easy ‘copy-paste’ path. There was a  time when our seniors would dictate complicated clauses off the top of their heads. The  technological advancements and legaltech solutions have unfortunately stymied the  creativity and thinking on your feet skills of young lawyers.  

    You transitioned from working at a law firm, Nishith Desai Associates, to joining Kotak  Investment Advisors Limited. What factors or considerations influenced your decision  to make this switch, and what notable differences did you experience in working with a  firm versus working directly with a company like Kotak? 

    My primary reason for the transition was to learn the industry from the inside. As an  external counsel, you are sometimes like an ‘armchair advisor’. You provide the advice,  give the pros and cons of each option and you move on. What makes your client chose  one option versus the other, how the risk chips stacked up for each scenario and finally  did the option yield the desired result or not – are all unknown to you as you have already  shut that file and moved on to the next deliverable on your to-do list.  

    Joining Kotak gave me that opportunity to learn the business side of asset management  industry. Building and growing the business by standing shoulder-to -shoulder with the  leadership made me the business lawyer that I am today. I am privileged to have worked  across multiple business / economy cycles impacting this industry. There are lawyers I  have heard say, “in my experience….” but most of these have not had any practical  experience and are merely shooting off theoretical knowledge as experience. If one is  serious about dedicating their professional life to a particular specialisation it is  imperative that one sees that industry from the inside-out.  

    “When you come out of the storm, you won’t be the same person who walked in. That’s  what this storm’s all about.”2 – so is the case with going in-house. You come into your  own – you are a sharper lawyer and decision-maker, you can provide 3600 analysis of the  issue at hand (legal, tax, regulatory, compliance, governance, risk and probability of  success if challenged), and you eventually build your own name/brand within your  company and the industry. For all those who have asked me the question, should they try  an in-house role, my answer has always been – just do it, you won’t regret the decision.  

    Having navigated through prominent roles at Cyril Amarchand Mangaldas and IDFC  Alternatives, what unique insights or perspectives have these experiences offered you,  shaping your journey and imparting valuable lessons to enhance your growth as a legal  professional? 

    I joined Cyril Amarchand Mangaldas (CAM) after 10 years of being in-house. Hence, I will  admit I had my apprehensions. However, I buckled up for the ride, decided not to look back until I had achieved a short-term goal that I had set for myself and thereafter it was  as easy as getting the hang of building your Lego masterpiece! Through my stints at each  of my law firms and employers, the learnings I have gathered are:  

     Hire wisely: Take your time to find the right mix of professionals to be on your team.  A team is as strong as its weakest link. When you hire right, the members will up the  game for each other, will learn from each other, will work collaboratively and create  a lasting professional camaraderie. The corollary also implies that you need to let go  of the one that don’t make the cut, bring the morale down or don’t work as one team.  

     Be generous with your time: not just with your clients but also your team. The clients  and team are your twin responsibility as the team head. You need to make time and  effort to understand them well in order to succeed.  

     Learn-Unlearn-Relearn: keep an open mind. There are learnings to pick up from every  interaction. When tackling a challenging matter, empty your cup and restart to find  the right solution for the client. When juniors are going through personal challenges,  be kind and patient. If the junior is a sound and committed lawyer you don’t want this  talent to get lost, be supportive and collaborate with her in navigating the path.  

     Don’t indulge in a race to the bottom: Don’t compete on price. When you know your  expertise and experience lead to a superior output then command that premium.  Work with the people who will pay the value for your worth.  

     Clarity and forthrightness: Provide clear view based on fine reading of the law and  supported by appropriate underlying research. The number of “should” opinions are  increasing, so what is the client getting from such opinions. Another one of my favorite  quotes is: contradictions don’t exist, check your premises.3 Do your best in navigating  the greys and narrowing down to the right answer / solution. Stay your ground and  don’t compromise.  

     Don’t get complacent: “On a stone that doesn’t roll, moss grows certainly”. Keep  investing in yourself and your intellectual growth.  

    With over 25 years of experience, you’ve witnessed the evolution of the legal  landscape. Could you share some challenges you faced during your early career, and  how do you perceive the changes in the education system and internship opportunities  for aspiring legal professionals today?  

    I neither came from a family of lawyers/judges nor did I spend enough time at law college  as I had to hurry back to work post lectures. I remember bungling my first (and only) moot  court appearance! I learnt the ropes along the way. From education system wise, some of  the law schools are doing an excellent job at building the foundation of sound legal  knowledge in students. However, the ‘business’ of education comes in the way at times  and churning out graduates in large numbers takes over. Law firms too hire 100-200  students from law schools and throw them at the deep end of the pool. The legal  fraternity then loses talent as either the young minds burnout or leave the profession due  to lack of mentors, sponsors or support in carving their own niche. 

    Currently, there is an  evident short supply of talent in the middle (5 to 10 years PQE) segment. Most corporates are hesitant as in the short internship stints one is neither able to extract value nor make  effective use of an additional resource. However, it is imperative for corporates to take  on the ownership of providing more internship opportunities and these opportunities  could be created not just in legal and compliance functions but also in the business teams  as it would be a wonderful opportunity for the young minds to be exposed to a ring side  view of corporate India. To the students, my advice is to do as many diverse internships  as possible. Don’t box yourself too soon, in one field or another. Try out multiple  fields/businesses/practices, you may or may not choose that field eventually but the  learnings you will gather would be transportable and will stand you in good stead.  

    You’ve been recognized in various lists, including BW Legal World’s Top 100 General  Counsel Power list. What does such recognition mean to you, and how do you think it  contributes to the representation of women in leadership roles in the legal domain?  

    Being named on the BW Legal World Top 100 General Counsel Power List 2022 was a very  humbling and rewarding experience. When one’s work is validated by a jury of eminent  seniors from your field and you stand amidst peers that you hold in high esteem, it works  like a booster shot and makes you power on with renewed energy. The women comprised  ~ 35 out of the Top 100. Surely, there is scope for many more women professionals to  make their mark in leadership roles. May our tribe increase!  

    Improving the representation of women in leadership roles in the legal domain requires  concerted efforts to not lose talented women. To begin with, recognising that most  women professionals still carry a disproportionate burden for domestic deliverables despite  both spouses having similar demanding jobs. She goes through phases where going the family way, rearing the kids and providing elder care will raise demands on her time. So long as the woman professional is committed to career, it would be helpful to provide flexible options / customised solutions with respect to role, office timings or pace of  career growth. Another solution would be to provide a path for women to return to  fulfilling roles post their career breaks.  

    Apart from your professional achievements, we’re curious to know if you have any  hobbies or interests outside of the legal world. How do you unwind and recharge  outside of work? 

    While my professional work satiates the left side of my brain, my hobbies leverage the  right side of my brain. Hence, if I wasn’t a lawyer, I would have been an artist. I enjoy  dabbling in acrylic and oil painting (on canvas) and generally indulge in creative projects  around my house. I enjoy music and in fact when tacking a badly drafted document, I  switch on my playlist and hack through the document at the beat of my favorite songs!  Being a Mumbaikar has also been a boon, as I love going for longs walks along the sea face  after a tiring work-day as the cool sea breeze and hum of the city immediately recharge  my batteries.

    The legal profession is constantly evolving. What advice would you give to young legal  professionals who are just starting their careers, especially in navigating the  complexities of corporate law and investment funds?  

    A lawyer’s life is not easy. It is a demanding career and my first piece of advice is don’t  venture in this field unless you are passionate about law. Choosing to be a lawyer because  it is a safe financial bet will lead you to disengage very soon and you will end up dragging  yourself to work unhappy and bored. You will achieve your true potential only when you  enjoy what you do. If you are a good lawyer, you can distinguish yourself from your herd  of fellow lawyers by being curious, reading the text of law / regulation thoroughly,  challenging the premises, researching underlying legal principles and absorbing from the  conversations when participating in clients meetings / leadership meetings.  

    There is no textbook / handbook on the funds industry. So, the more time you invest in  learning about the industry the better lawyer you will be. Invest time reading about the  industry players (there are many corporate biographies / founders biographies),  understand the business of investing, research the legal structural options in India and  across the globe, study the commercial clauses of fund documents closely, understand  the trends / preferences of capital allocators (investors), get an exposure to work in other  jurisdictions, and research on laws/regulations (and their evolution) in relation to the  funds industry in other countries. When in doubt, ask for help. Reach out to your partner  and request time to discuss and understand better your work, your work output and ways  in which you can improve and grow. Further, attend training sessions conducted by  industry bodies (e.g. IVCA, CII, FICCI etc.) and above all network and interact with lawyer peers as well as peers from within the industry. Lastly, when you become successful and  reach the top, remember to send the elevator back down for the others i.e. be a patient  mentor and guide to your juniors. 

    1Donald Trump, in the article available at https://www.niveza.in/stock-news/learn-investing/sometimes-your-best-investments-are-the-ones-you-dont-make-donald-trump#:~:text=Sometimes%20your%20best%20investments%20are,don%27t%20make%20%2DDonald%20Trump

    2Haruki Murakami.

    3Atlas Shrugged, Ayn Rand.

    Get in touch with Shagoofa Rashid Khan–

  • “In the dynamic realm of corporate law, success is not just about transactions; it’s about teamwork, evolving strategies, and navigating complexities. Each challenge is an opportunity to craft a lasting impact.” – Payal Dayal, Partner – Corporate Head, AKS Partners (Advocates | Solicitors | Consultants)

    “In the dynamic realm of corporate law, success is not just about transactions; it’s about teamwork, evolving strategies, and navigating complexities. Each challenge is an opportunity to craft a lasting impact.” – Payal Dayal, Partner – Corporate Head, AKS Partners (Advocates | Solicitors | Consultants)

    This interview has been published by Namrata Singh and The SuperLawyer Team

    Reflecting on your journey, from pursuing law to your college days, could you share some key moments or experiences that influenced your decision to enter the legal profession? How did your time in law school shape your understanding of the legal landscape and contribute to the path you’ve taken in your career today?

    At the outset I must share that pursuing law just happened. I am a first-generation lawyer and hence the thought of doing law never came in discussions during my growing up years. But yes, one thing I knew, my grandfather wanted my father to be a lawyer so when I cleared my law entrance exam and finally got admitted to Amity Law School, I thought to myself how proud my grandfather would be, had he lived to see this day, as I get to fulfil his dreams. Other than that, it was sheer luck and destiny to do law from Amity in as much as I only gave the entrance exam for Amity Law School and cracked it!  

    Moving on to the first semester of law and the introduction to moot courts was all too overwhelming for me. I was always an active member of the moot court society and loved to participate in moot court competitions. I started admiring the dynamics of law as a field of study and enjoyed my college days to the fullest. A few subjects like International Law, Constitutional Law, Intellectual Property Law and Corporate Law were amongst my favourites. To top it all, I never missed a good internship opportunity which got me more in touch with the profession as it was practiced – being very different from our moot courts and theory we learn in college.

    After doing my final semester three-month internship with a top tier law firm in the corporate team, I decided to work in a law firm and in the corporate field rather than dawning the black robes.

    Your journey has been quite diverse, spanning from serving as an intern at organizations like Steel Authority of India Limited to your current role as Partner – Corporate Head at AKS Partners. How have these varied experiences shaped your perspective on corporate law, and what valuable lessons have you learned along the way?

    Each internship and each role in my previous law firms including the current one taught me a different lesson. As an intern at Steel Authority of India, I was involved with their ongoing arbitrations. As an intern at the International Labour Organisation, an agency of the United Nations, I gained knowledge of different aspects of labour disputes, and so on and so forth. My internship experience, irrespective of the organisation or a firm, have always been enriching ones. However, when one starts practicing, that becomes a different ball game altogether.

    What I am today in the professional field I owe to my mentor under whose mentorship I commenced my professional journey in the corporate field around 17 years back. It was truly there that my career shaped the way it has. I assisted and then independently undertook many transactions in diverse industry segments, opined on various industry specific issues, worked on FDI matters which fascinated me a lot at the time. These past learnings have eased my role and responsibility as a Partner-Corporate Head at AKS Partners. 

    The biggest learning that I take from the diverse experiences I have had is that teamwork always yields good results. You need to have trust in your team, at whatever position you are on the ladder. It plays a big role especially when you are mentoring juniors and delegating tasks to them. When I started out in the profession, my mentor always backed me. At times I would come up with ideas and solutions that my mentor had not thought of. That gave me a lot of confidence, and I have made it a point to imbibe the same confidence in my juniors. Another big learning is that clients often come to you with a ‘solution’ already in mind. Doing exactly as they say is often the easiest way but may not always be the best way. Therefore, you need to look at the problem objectively and guide them in the right direction.                            

    As a partner, you’ve represented clients before the Reserve Bank of India in compounding matters. How do you approach such regulatory challenges, and what strategies do you employ to navigate through the intricacies of regulatory compliance?

    I have appeared before the Reserve Bank of India (Mumbai) a couple of times but initially I appeared while I was still a Senior Associate. My mentor had utmost faith in me that I could handle the matter independently. Having said that, there is no shortcut to being thoroughly prepared particularly prior to appearing before the regulatory authorities. The regulatory authorities always appreciate lawyers who have systematically and carefully drafted their application and stated the reason behind a compoundable contravention. A methodically and logically drafted application taking care of all the nuances increases the chances of reaching the ears of the regulatory authorities. 

    Your horizontal practice areas include Commercial Contracts, Corporate compliance, Joint Venture/ Collaboration/ Acquisition, and more. Is there a specific area that you find particularly fascinating or challenging, and why?

    Acquisitions clubbed with market entry/ investment advisory, inter-alia, is my specialisation and what excites me the most is that each acquisition has a different strategy from the other and that there is no straitjacket formula that fits one and all. Particularly when there is a foreign company involved, FDI advisory clubbed with tax advise becomes very significant and the right structure and entry route is strategically quintessential. Very often, it is this first step which is challenging in addition to negotiating difficult aspects (usually the parked points) for which the principals are on loggerheads at the negotiating table. Having said that, taking the transaction to its righteous end, i.e., completion or closing as one may call it, excites me the most.   

    The Corporate Due Diligences you’ve undertaken covered a wide range of areas, including Labour and Industrial Laws, Environmental Laws, and Competition Law. How do you stay abreast of the ever-evolving legal landscape in these diverse fields, and how do you ensure your advice is both current and relevant?

    As a lawyer, it is one’s job to stay updated with the law at all times. I keep myself updated by reading the SCC every fortnightly and by frequenting regulator websites like RBI, SEBI, CCI, IBBI, MCA for latest notifications, master directions, press-notes, etc. on a daily basis before I begin my work for the day.

    To answer the second part of your question, before giving advise I always check the sectoral regulations and any updates on the point including in the form of apex court decisions.

    You’ve been involved in publications, including ‘The Drone Dichotomy – A Game Changer.’ What sparked your interest in this particular topic, and how do you see the legal landscape evolving with emerging technologies like drones?

    When I embarked writing on the topic, the regulations were yet to come out and the authorities were still grappling with the facts, i.e., the opportunities such a technology presented and challenges that it could pose as the idea of using “Drones” for various purposes was relatively new for the country. It immediately ignited my brainwaves to think of how this potential technology could be used and that too in a regulated way and even more towards the privacy concerns that were hovering in my mind for some time in case of absence of sufficient regulations on this aspect.

    Since then, the legal landscape has evolved substantially. The Ministry of Civil Aviation Government of India (MoCA) has framed comprehensive laws to ensure proper regulation of use of drones. The framework addresses concerns like safety standards, airspace management and privacy challenges. Of course there are several other aspects that are bound to crop up with more and more use of the technology and the regulator, i.e., MoCA, will have to come up with practical solutions whether it be on determination of liability in the event of an accident with various jurisdictions involved or accountability in case of remote controlled drones. International collaboration on regulating drone technology is no longer a far-flung concept.

    Your sector expertise ranges from Manufacturing to Renewable Energy. How do you keep yourself updated with the nuances of such varied industries, and what role does industry-specific knowledge play in your legal practice?

    I reiterate that one should keep reading and stay updated on the legal framework and nuances particularly in the sectors that one practices in. This can be done by reading the statutory framework along with the landmark judgments and articles on the point in the relevant sector.

    During your time at Amity Law School, you were an active member of the Amity Moot Court Society. Can you share your perspective on the significance of participating in moot court competitions for law students? How do you believe these experiences contribute to a student’s overall legal education and career development?

    I believe moot courts help the students in three ways. Firstly, it teaches the students to research, and not just in a bookish way but how one tackles situations in the profession. Second, it improves the drafting skills and to express oneself in an erudite manner. And most importantly, the arguing skills. Many students may not be natural speakers so it helps them to open up and become comfortable in facing the judges and making their point.

    Hence, I believe it is very important for students to participate in moot court competitions. Mere participation gives the students a lot of confidence, irrespective of winning or losing, and frankly, it teaches one how to accept defeat and prepares the students for the tough beginnings that await them.

    Internships play a crucial role in shaping a legal professional’s early career. What advice would you give to law students about choosing the right type of internship? For instance, do you recommend working under a senior advocate, in a law firm, or exploring other avenues, and why?

    I would recommend the law students to intern in every field and experience for themselves as to what appeals to them individualistically. All students cannot be pigeon-holed into any given category. Given the individualistic mindset, some may like arbitration and pursue a career accordingly, some may like litigation would accordingly prefer to pursue any further internships in the litigation wing of a firm or an individual practitioner and some would like the dynamics of the corporate set-up or some may even take to intellectual property law practice. My only advise for the students is that they should not miss any opportunity to intern and intern sincerely and explore for themselves as to what appeals to them the most.

    In addition to your professional achievements, we’d love to know more about your personal interests. What hobbies or activities do you engage in outside of the legal realm to unwind and recharge?

    The best way to unwind for me is to spend quality time with my daughter. Other than that, I like to paint and read fictional/ non-fictional books.

    Given your diverse experiences, both in law firms and as an independent legal practitioner, how would you compare the learning experiences in these different settings? What unique advantages or challenges do each offer, and how can young professionals leverage them to enhance their skills and knowledge

    My diverse experience made the difference between law firm practice and independent practice crystal clear to me. While in the latter, you are your own boss and command accordingly, in the former, depending on which rung of the ladder you are on, you mostly have a senior to poke you out of your slumber and weigh you down with lots of work irrespective of how much you already have on your plate. But then that’s what keeps you on your toes and it gives you utmost satisfaction at the end of the day to tick off things done from the to-do list one made in the morning. However, independent practice, while more lucrative, is not that easy, whether to establish or to command, as one has to be utmost sure of the advise one gives to the client as remember, you are your own boss and there is no cushion in the form of a senior. But this really enthrals you as you keep going and learn and master the art.  

    Get in touch with Payal Dayal-

  • “Every client, every cross examination, every meeting, every briefing in itself presents a new experience and contributes to one’s growth”- Priyanka Sethia, Founder of the Chambers of Priyanka Sethia

    “Every client, every cross examination, every meeting, every briefing in itself presents a new experience and contributes to one’s growth”- Priyanka Sethia, Founder of the Chambers of Priyanka Sethia

    This Interview has been published by Pragya Chandni and The SuperLawyer Team

    Ma’am, can you please provide a brief introduction about yourself and your journey into the field of law?

    Hi. I am Priyanka Sethia and I have been practicing at various Courts and Tribunals across India, as an advocate for over 10 years. 

    I graduated in the field of law in 2013 and got an LL.M. in Corporate and Financial laws in 2021, while being in the profession and gained further certifications as opportunities presented themself.

    I am a certified negotiator accredited by London School of Economics & Political Sciences [2022] and a certified POSH (Diversity & Inclusion) Trainer [2023].

    I started my own law chamber – Chambers of Priyanka Sethia, in 2021 and we take up civil and commercial matters for various individual and corporate clients as well as deal in corporate practice.

    With over 10 years of experience, you have established yourself as a prominent figure in the legal fraternity. What inspired you to pursue a career in law and eventually become an advocate?

    I have shared this before, but this story never gets old for me. So, my career in law wasn’t really a given from the very beginning and I am a first generation lawyer. My roots find themselves etched in a very traditional business family. It so happened that one day, I was late to school by a few minutes and the Head of Department, Accounts who was in charge of the School Assembly that day, asked me to go back home as I was late!

    It was however only my first late show and I was aware of the finely printed school rules and regulations, set out in our Daily Academic Planner that permitted a student three late shows before being sent back for the day. With great respect, I politely took out the Academic Planner from my bag, opened the rules section and read it out to the said school teacher which stated that I had to be given three opportunities/warnings, before I could be sent back home for being late. I certainly could attend school that day but only saw disdain in that teacher’s eyes for me, on all days thereafter. Thankfully it was my last year in school and I then realized the power of Laws and Rules framed thereunder and the joy of knowing and abiding by it and of course realized my interest in reading the fine print.

    Decision to pursue law came organically to me but the decision to choose between Litigation vs Corporate Law never comes easy for anybody. While the heart wants to be in the courts and explore the passion of arguing vociferously for the clients and their cause, the mind seeks to showcase the drafting skills. So now, my Chamber is trying to strengthen both its litigation team and its corporate practice team, by continuously levelling up with diverse certifications, hiring new talent and continuous practice. At the moment, I head both the verticals and with a recent certification in POSH (Diversity & Inclusion) Training, I hope to offer various training to Corporates, in this arena.

    You founded the Chambers of Priyanka Sethia in 2021. Could you share the motivations behind starting your own law chambers and the vision you have for it?

    I have worked with some of the most incredible seniors in Profession who have mentored me throughout and continue to handhold me through difficult situations. After assisting them for about 8 years, I realized that I was ready to explore legal practice from my own perspective. 

    And so, post the Covid scenario, with experience that I had gathered from my seniors and mentors, and a postgraduate degree in my choice of practice area, I delved into independent practice and started Chambers of Priyanka Sethia in November, 2021.

    My vision for the chamber is to render exceptional legal services to our clients while being on an upward trend in the number of fresher hirings. I take pride in the fact that I welcome freshers with 0-6m experience and it’s lovely to draw inspiration from their passion and exuberance. On the work front, the chamber is striving to strengthen both its Litigation Practice and Corporate Practice. 

    You are a certified negotiator accredited by the London School of Economics & Political Sciences. How has this certification influenced your approach to negotiations, and what role does negotiation play in your legal practice?

    While engaging in Corporate Practice, often we find ourselves negotiating terms of the contract on behalf of our clients. Many-a-times, the other party is situated outside India and has a completely different approach towards the drafts/agreements compared to the Indian scenario. Being sensitive to their background, ethos, laws and culture is the key. My certification in negotiations has helped me in bridging that gap and comes in handy especially while dealing with International Corporates and has added an edge in fostering new relationships, executing contracts, and arriving at settlements. 

    Your experience covers a wide range of legal areas, including corporate practice, commercial litigation, alternative dispute resolution, and more. Can you highlight some key experiences that have significantly contributed to your growth as an advocate?

    Every case is a new learning. One cannot limit their learnings to the law. I strongly believe every person we meet is a new experience, we become wiser with each interaction. Every client, every cross examination, every meeting, every briefing in itself presents a new experience and contributes to one’s growth.

    Your expertise extends to regulatory compliance and privacy laws. How do you approach these complex areas, and what challenges do you typically encounter in ensuring compliance for your clients?

    To cite one instance, often we find that the law enforcement agencies are not well trained to understand and implement the law at the grassroot level. Recently, while dealing in a legal metrology matter, we observed that the department officer had no exposure to a couple of years old amendment in the law and required sensitization. Routinely issuing notices just to meet targets is a norm and needs to change. 

    You champion the cause of women emancipation. How do you integrate this advocacy into your legal practice, and what initiatives have you undertaken to contribute to diversity and inclusion in the legal profession?

    I believe having freshers on board or having non NLU advocates in the team is the biggest inclusion point in our profession. I am open to having good talent on board without any preconceived notions or unconscious biases.

    Besides, I take up matrimonial matters for marginalized women pro bono and ensure that they are taken to a logical conclusion.

    Considering your successful journey in law, what advice would you give to fresh graduates aspiring to pursue a career in law and make a mark in the legal profession?

    Success is a subjective term. On the work front, my request to fresh graduates aspiring to pursue a career in law is to be consistent. Do not give up without giving it a fair shot and some time.  Also, there is a great demand for lawyers with expertise in niche areas. One could also choose their practice area earlier on in their career and proceed further in that direction. 

    And, Pursue a hobby alongside the profession. This helps in keeping sane as well as sticking through. 

    Get in touch with Priyanka Sethia-