Tag: Economic Laws Practice (ELP)

  • “Finding ‘Managerial Solutions to Legal Problems’ is the key to successful corporate advocacy.” – A Journey of Passion and Purpose, Praveenkumar Hiremath, Co-Founder & Partner at PSA Law Partners

    “Finding ‘Managerial Solutions to Legal Problems’ is the key to successful corporate advocacy.” – A Journey of Passion and Purpose, Praveenkumar Hiremath, Co-Founder & Partner at PSA Law Partners

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

    Your journey from law school to becoming a Co-Founder & Partner at PSA Law Partners is impressive. Can you share a bit about how you started your career in law and what inspired you to focus on litigation and compliance?

    My journey began after graduating from R L Law College Belagavi, driven by a childhood inspiration from a practicing lawyer in my village and my natural inclination towards argumentation, which had me tagged as a “lawyer” since school. Pursuing a Master’s at Bengaluru University was a decision made out of a passion for legal intricacies, despite an initial reluctance. My formative years were significantly shaped by my tenure as a Law Clerk cum Research Assistant under Justice S. Abdul Nazeer, which diverted my path from criminal law to broader legal practices. My work at notable firms like Poovayya & Co and Khaitan & Co further solidified my commitment to using my legal expertise as a “bulletproof jacket” against injustice.

    Having handled a variety of cases in different fields and having represented corporate houses and currently representing them in litigation and policy advisory, is there any special care which needs to be taken to handle such clients?

    Corporate clients require a blend of legal precision and business acumen. My approach, which emphasizes “Managerial Solutions to Legal Problems,” reflects an understanding that legal challenges must be integrated within a company’s strategic framework. This philosophy has been shaped by my diverse experiences across legal practices, teaching me that true value lies in aligning legal strategies with business objectives, ensuring compliance and navigating regulatory landscapes effectively.

    With a decade of experience in Corporate and Commercial Litigation, Intellectual Property Rights, Direct Tax, and more, you’ve worked on diverse cases. Could you highlight a case that was particularly challenging or interesting, and share the strategies you employed to navigate through it successfully?

    My experience at Poovayya & Co, where strategy discussions included even the youngest lawyers, marked a pivotal shift in my professional development.

    A significant challenge was contesting a State Government Notification on Minimum Wages that adversely impacted a sector. By initiating a fresh legal challenge in the High Court, leveraging strategic litigation techniques, we overturned previous adverse decisions, showcasing the importance of resilience, innovative legal thinking, and the impactful role of strategic legal advocacy.

    Having represented clients in major corporate debt recovery and insolvency litigations, what advice would you give to young lawyers aspiring to specialize in this area of law?

    My advice is to embrace a broad spectrum of legal challenges early on, fostering a versatile skill set before narrowing down to a specialization. This foundation allows for a deeper understanding and a more informed choice when selecting a niche, emphasizing the importance of building a reputation for meticulousness and dedication to excellence.

    In your experience, navigating through various legal domains, what’s one unconventional or unexpected lesson you’ve learned that has had a profound impact on your approach to practicing law?

    The most profound lesson has been the importance of empathy. Recognizing the human elements behind legal cases has reshaped my practice, guiding me to approach each case with a deeper understanding and compassion. This insight, fostered through my diverse experiences, has not only enhanced my negotiation skills but also strengthened my relationships with clients and colleagues.

    Do you consider a career in the Judiciary as an option for young lawyers and for yourself?

    Embracing a judicial career entails significant sacrifices but offers unparalleled opportunities to contribute to society. The attractive aspects, such as contributing to societal well-being and the prestige associated with the judiciary, appeal to my sense of duty and commitment to justice. Personally, I view the judiciary as a noble calling, one I would consider with great reverence if the opportunity presented itself.

    In your career, you’ve practiced in various courts and tribunals. Could you share an experience or lesson from your early years that significantly shaped your approach to legal practice?

    My early experiences in Bengaluru, particularly the encouragement from judges and seniors, played a crucial role in my professional development. An instance that stands out was my first reported case in Direct Tax when I was associated with M/s K.R.Prasad, Advocates & Tax Consultants, where I was encouraged to present a case on merits, marking a significant milestone in my career. These formative experiences taught me the value of preparation and the courage to seize every opportunity to stand before the court.

    Given your focus on White-collar crimes, what unique challenges do you encounter in handling such cases, and how do you address them?

    Specializing in white-collar crimes involves navigating intricate legal frameworks and voluminous documentation. My approach, grounded in  a thorough understanding of law and clear client communication, aims to dissect each case meticulously, building robust defenses against complex allegations. This specialized focus demands strategic thinking and a detailed-oriented mindset.

    PSA Law Partners was founded in 2019. What motivated you to establish this firm, and what values or principles guide the firm’s approach to client representation?

    Founding PSA Law Partners was the realization of a lifelong dream, driven by a desire for autonomy and the pursuit of justice. Our firm’s ethos, shaped by my experiences and personal values, is committed to delivering timely and effective relief to our clients, upholding the principles of integrity, excellence, and client-focused advocacy.

    As someone who practices in the High Court of Karnataka, could you highlight any distinct characteristics or challenges of the legal landscape in this jurisdiction?

    Practicing in the High Court of Karnataka requires an adept understanding of legal intricacies and the ability to articulate compelling arguments. The jurisdiction’s unique challenges include navigating complex legal issues and effectively representing clients with limited direct interaction, demanding a high level of analytical and strategic thinking.

    Considering your impressive academic background, including securing the second rank in LL.M, how do you perceive the value of pursuing postgraduate education, such as an LLM, for the current generation of aspiring lawyers? What advice would you give to those considering further specialization in law through advanced studies?

    Pursuing an LLM provided me with invaluable insights, particularly in labor law, shaping my approach to litigation. I advise aspiring lawyers to choose specializations that align with both their interests and the evolving legal landscape, ensuring their education enhances their career trajectory in meaningful ways.

    Beyond the legal realm, we’re curious to know more about your interests outside the courtroom. Could you share a bit about your favourite hobby or activity that brings you joy and relaxation when you’re not immersed in legal matters?

    Away from the demands of legal practice, I delve into political history and enjoy exploring scenic landscapes, activities that offer a refreshing contrast to my professional life. These interests provide a sense of balance, enriching my personal growth and offering perspectives that influence my professional demeanor.

    Get in touch with Praveenkumar Hiremath-

  • Engaging experienced tax attorneys is crucial to navigate the complex legal landscape effectively- Adarsh Somani, Partner at Economic Laws Practice

    Engaging experienced tax attorneys is crucial to navigate the complex legal landscape effectively- Adarsh Somani, Partner at Economic Laws Practice

    This interview has been published by  Priyanka Karwa and The SuperLawyer Team

    Can you tell us a bit about your journey and how you ended up pursuing a career in law, particularly specializing in taxation and related areas?

    I was born and raised in a family with a deep-rooted background in law and taxation. From a very young age, I was exposed to discussions about legal matters and the intricacies of tax law (though am not claiming that I particularly followed everything!). My father and some close relatives were established tax specialists, and their passion for their work naturally influenced my interests as I grew older.

     As I progressed through my education, I found myself naturally gravitating towards subjects that aligned with the legal and financial world. I was particularly drawn to the complexities of taxation and how it played a vital role in shaping economies and businesses. I realized that taxation was not just about numbers and calculations; it was a dynamic field with constantly evolving laws and regulations that had significant implications on individuals and organizations alike.

    After completing my legal education and obtaining the necessary qualifications, I ventured into the field of tax law, ready to take on the challenges that came with it. Over the years, I have had the privilege of assisting numerous clients with tax planning, tax controversy matters, and cross border taxation, among other areas.

     My journey in the field of law, particularly specializing in taxation, has been incredibly rewarding. I continue to be fascinated by the ever-changing tax landscape and remain dedicated to helping individuals and businesses navigate the complexities of tax law to achieve their financial goals while ensuring compliance with all relevant regulations.

     As I look back on my path, I feel grateful for the strong foundation laid by my family’s background in law and taxation, as it has shaped me into the professional I am today—one who is deeply committed to making a positive difference in the lives of those I serve.

    With almost 18 years of experience in tax law, could you share some pivotal moments or experiences that shaped your expertise and passion for this field?

    Over the course of my 18-year journey in tax law, I have encountered numerous pivotal moments & experiences that have profoundly helped my passion inch northwards for this field. Some of these moments include:

    1. Early Mentorship: Right from the guidance of my father in early stages of my career as well as in the early years of my career and support and push of my first few mentors at BMR Advisors (all seasoned tax attorney/ specialists) the expertise and passion were always enlarging. Their guidance, wisdom, and willingness to share their knowledge played a crucial role in my development as a tax professional. Witnessing their dedication to their clients and their mastery of complex tax matters inspired me to strive for excellence in my own practice.

    2. Challenging Tax Cases: Throughout my career, I encountered several highly complex and challenging tax cases that required innovative solutions. These cases pushed me to expand my knowledge, research skills, and critical thinking abilities. Successfully resolving these intricate tax issues gave me a sense of accomplishment and reinforced my passion for tax law.

     3. Staying Current with Tax Law Changes: Tax law is a constantly evolving landscape, with frequent changes to regulations and tax codes. Staying up-to-date with these developments has been a significant challenge, but it is also crucial for providing accurate and effective advice to clients. My commitment to ongoing education and continuous learning has been instrumental in maintaining my expertise in this dynamic field.

     4. Cross-Border Taxation: As businesses increasingly operate on a global scale, cross-border taxation has become my prominent area of focus. Handling these matters exposed me to the complexities of dealing with multiple jurisdictions, trade agreements and varying compliance requirements. These experiences broadened my perspective and enriched my understanding of the global tax landscape.

    5. Advocacy and Tax Reform: Throughout my career, I have been involved in advocating for changes in tax laws and regulations to benefit taxpayers and improve fairness in the system. Engaging in discussions with policymakers, participating in tax reform initiatives, and contributing to public discourse on tax-related matters allowed me to see the potential impact of legal professionals in shaping tax policy.

     6. Sharing Knowledge: As my career advanced, I found joy in sharing my expertise with aspiring tax professionals and clients alike. Conducting seminars, writing articles, and participating in panel discussions not only helped disseminate knowledge but also encouraged me to continuously refine my understanding of tax law.

    Each of these pivotal moments and experiences has contributed to my passion for tax law and my commitment to provide top-notch legal counsel to my clients. The ever-changing and intellectually stimulating nature of this field, combined with the ability to make a tangible difference in the lives of individuals and businesses, continues to fuel my enthusiasm for the work I do as a tax attorney.

    As a Tax Partner at Economic Laws Practice, you focus on GST, customs & trade, providing strategic transaction advisory and policy counsel. Could you shed some light on the scope and significance of these areas in the business landscape?

    ELP first of all has been blessing, more of a home coming I would say! A lawyer at a law firm, my first!.  Businesses as well as economy are all fueled by tax and trade policies. Navigating the complexities of these areas is vital for businesses to ensure tax efficiency, regulatory compliance, and a competitive edge in the global market. As a Tax Partner at Economic Laws Practice, my role involves assisting businesses in harnessing the opportunities and overcoming the challenges presented by these dynamic aspects of the Indian economy.

    You’ve advised multinational and domestic companies on tax-efficient value chains in business. What are some key principles or strategies businesses should keep in mind when aiming for tax efficiency?

    When aiming for tax efficiency in their value chains, businesses should consider several key principles and strategies to optimize their tax positions while remaining compliant with applicable tax laws. Some important principles and strategies to keep in mind include (i) Proper Entity Structure; (ii) Interplay of Customs and Transfer Pricing Compliances; (iii) Tax Treaty & Trade Agreement Utilization; (iv) Location of Intellectual Property; (v) Business Object Mapping, the most Optimum structure may not work for all businesses in view of its objectives!; (vi) Use of Tax Incentives and Exemptions; (vii) Serious credits to documentation; (viii) Flexibility for ever changing policy landscape; etc

    Also, such assignments would often involve engaging with experienced advisors & consultants on different subject matters as well as jurisdictions. The learning from these experiences can always prove to be  valuable.

    For any budding lawyer, it is important to note that while pursuing tax efficiency is a legitimate business goal, businesses must ensure that their tax strategies comply with the law and are not driven solely by aggressive tax avoidance practices, which may be subject to scrutiny and potential legal consequences. Striking the right balance between tax efficiency and compliance is crucial for the long-term success and reputation of any business.

    Indirect tax legislations can be complex and vary across different industries. What are some common challenges you encounter while advising clients, and how do you overcome them?

    Advising clients on indirect or other tax legislations presents challenges due to complexities and variations across industries. Common hurdles include interpreting ambiguous laws, staying updated with changing tax regulations, addressing cross-border transactions, and managing compliance burdens. Overcoming these challenges involves continuous research, industry-specific expertise, collaboration with subject matter experts, cautious interpretation of laws, and developing cost-effective solutions. Communication with non-tax professionals aids in ensuring client understanding. Additionally, creating robust compliance frameworks, automating processes, and representing clients in disputes or litigation contribute to providing effective advisory services.

    Tax litigations can be high-profile and challenging. How do you approach such cases, and what advice would you give to companies facing potential tax disputes?

    Approaching high-profile tax litigations requires a thorough understanding of the specific tax laws, industry intricacies, and potential implications. My strategy involves conducting in-depth research, consulting past precedents, and collaborating with experts to build a strong case. For companies facing potential tax disputes, my advice is to stay proactive by maintaining meticulous records, complying with regulations, and seeking professional advice early on. Engaging experienced tax attorneys is crucial to navigate the complex legal landscape effectively. Open communication with tax authorities, willingness to resolve disputes amicably, and a focus on compliance can help mitigate risks and achieve favorable outcomes.

     As a part of Business World’s elite 40 Under 40 Club of Young Law Achievers and being recognized by The Legal 500 Asia-Pacific, what personal qualities or professional attributes do you believe have contributed to your success in the legal field?

    As a member of Business World’s distinguished 40 Under 40 Club of Young Law Achievers and having earned recognition from The Legal 500 Asia-Pacific, my success in the legal field can be attributed to several personal qualities and professional attributes. Continuous learning, a proactive approach in gathering facts to build strong business acumen, effective problem-solving skills, and a commitment to innovation are some of the key factors that have contributed to my achievements. Moreover, maintaining personal integrity and cultivating professional networks and relationships have played pivotal roles in fostering credibility and growth.

    Additionally, I must acknowledge the invaluable support and contribution of my exceptional team & mentors, whose dedication and professionalism have been crucial to my personal success. Their commitment to excellence during business hours and camaraderie during social gatherings have been truly inspiring and rewarding.

     Needless to add that by embodying these personal qualities and professional attributes, I have been able to make a positive impact in the legal field, earn recognition from industry peers, and achieve success in my career as a tax specialist.

    Apart from your legal career, you also engage in speaking at tax & regulatory conventions and write articles for leading publications. How do these activities complement your professional work, and what drives you to share your knowledge in this way?

    Engaging in speaking at tax and regulatory conventions and writing articles for leading publications complements my legal career by allowing me to share my knowledge and insights with a broader audience. These activities serve as platforms to disseminate complex legal concepts in a more accessible manner, contributing to the professional development of peers, clients, and the wider community. The drive to share knowledge stems from a passion for empowering others with valuable information, fostering a culture of continuous learning, and making a positive impact in the legal and business domains. It also reinforces my commitment to staying at the forefront of industry trends and best practices.

    Many fresh law graduates aspire to have a successful career like yours. What advice would you give to them as they begin their journey into the legal profession, particularly those interested in taxation and related fields?

    Certain non-negotiable attributes for any aspiring lawyer include a strong focus on continuous learning, an earnest pursuit of mentorship, a willingness to embrace technological advancements, the development of impeccable communication skills, an unwavering work ethic, perseverance in navigating challenging circumstances, and a receptive attitude towards exploring diverse opportunities. These foundational qualities form the bedrock for a successful and rewarding career in the legal profession, enabling growth, adaptability, and the ability to excel in an ever-evolving legal landscape.

    Get in touch with Adarsh Somani-

  • Upholding professionalism and ethical standards is essential for a successful legal career- Vinay Butani, Partner at Economic Laws Practice (ELP)

    Upholding professionalism and ethical standards is essential for a successful legal career- Vinay Butani, Partner at Economic Laws Practice (ELP)

    This interview has been published by  Priyanka Karwa and The SuperLawyer Team

    Sir, please  you tell us about your journey and how you ended up practicing law, specifically in the field of Corporate & Commercial, Private Equity & Venture Capital?

    Before deciding to specialize in of corporate and commercial law, I embarked on a journey that involved several internships and experiences in various legal fields. These experiences allowed me to explore different areas of law and gain valuable insights into the legal profession.  As I progressed through my studies, I continued to seek internships that aligned with my evolving interests. By my fourth year, I had gained substantial exposure to corporate law through internships in law firms specializing in corporate and commercial matters. These experiences allowed me to work closely with experienced lawyers and professionals in the field, exposing me to the intricacies of corporate transactions. Throughout these internships, I found myself captivated by the fast-paced and dynamic nature of Corporate & Commercial law. I was drawn to the complex challenges and strategic considerations involved in advising businesses and facilitating transactions. The opportunity to work closely with brilliant seniors who advised entrepreneurs and established companies in their pursuit of growth and success appealed to me greatly.

    You have worked on various corporate and commercial transactional matters across sectors such as healthcare, media, and fintech. Can you share some notable experiences or cases that have shaped your expertise in these areas?

    Throughout my career, I have had the privilege of working on a diverse range of corporate and commercial transactional matters across sectors such as healthcare, media, and fintech. Each transaction has presented unique challenges and opportunities, and I have gained valuable expertise through these experiences.

    One notable experience that comes to mind is a healthcare transaction where I represented a medical technology company in its acquisition of a smaller healthcare startup. This transaction involved intricate negotiations, due diligence, and regulatory considerations. It was a complex process that required a deep understanding of the healthcare industry, as well as expertise in drafting and negotiating the acquisition agreement. During this transaction, I had the opportunity to work closely with both the acquiring company and the startup. I had to balance the interests of my client, who sought to expand its product portfolio, with the concerns and objectives of the startup’s founders. Through careful negotiation and creative problem-solving, we were able to structure a deal that satisfied both parties and facilitated a successful acquisition.

    In the fintech sector, I had the opportunity to work on a venture capital investment deal for a promising startup that aimed to revolutionize payment processing. This transaction involved multiple rounds of funding, negotiations with venture capital firms, and extensive due diligence. It was crucial to ensure compliance with regulatory requirements and address investor concerns while protecting the interests of the startup. Throughout this transaction, I learned the importance of meticulous due diligence and effective communication among all parties involved. By thoroughly analyzing the legal and financial aspects of the startup, we were able to identify potential risks and develop strategies to mitigate them. The end result was a successful investment deal that provided the startup with the necessary funds for growth and the investors with an opportunity for significant returns.

    These notable experiences, along with numerous other transactions, have shaped my expertise in corporate and commercial law. Each transaction has been a learning experience, allowing me to develop a deep understanding of the sectors I work in and refine my negotiation and problem-solving skills. My approach has always been solution-oriented, aiming to find mutually beneficial outcomes for both sides of the parties involved, while ensuring legal compliance and protecting my client’s interests.

    Your work includes advising Fortune 500 companies on corporate and commercial transactions. What are some of the key challenges or considerations when dealing with domestic and cross-border collaborations in India?

    When dealing with domestic and cross-border collaborations in India, there are several key challenges and considerations that arise. These challenges stem from the unique legal, regulatory, cultural, and business landscape in India. India has a complex regulatory framework, and it is crucial to navigate various laws, regulations, and policies to ensure compliance. Key areas of consideration include foreign exchange regulations, company law,  taxation and sector-specific regulations. Understanding and adhering to these regulations is vital for a successful collaboration.

    How has being featured in ALB India Rising Stars 2023 impacted your career and professional growth?

    On a personal level, being featured in this distinguished list has provided validation and motivation. It is a testament to the hard work, dedication, and passion I have invested in my legal career and the faith that the organization (ELP) has on me. The recognition has reinforced my belief in my abilities and has inspired me to continue striving for excellence and making significant contributions to the legal profession.

    In your experience, what are some of the key factors that contribute to a successful joint venture or strategic alliance between companies, both domestically and internationally?

    As a general thumb rule – a successful joint venture or strategic alliance between companies (domestically or internationally) require the parties to have a shared understanding of their objectives and a clear vision for the partnership. This includes identifying the specific goals, synergies, and benefits that each party expects to achieve. Ensuring alignment at the outset minimizes potential conflicts and sets the stage for a successful collaboration.  Once the objectives are clear, establishing a robust governance framework is crucial for effective decision-making and conflict resolution. Clearly defining the decision-making process, roles, and responsibilities of each party ensures efficient management of the joint venture or alliance. Finally, tailoring the agreement based on the above is crucial to avoid ambiguity and potential conflicts.

    As a lawyer practicing in the corporate and commercial sector, what are some common legal challenges or issues that businesses face when entering the Indian market?

    Key areas of consideration that generally need to analyze are foreign exchange regulations, company law,  taxation and sector-specific regulations. Understanding and adhering to these regulations is vital for a successful collaboration. However – despite these areas of consideration, India presents numerous opportunities for businesses looking to invest and expand. With its large consumer base, emerging sectors, and government initiatives, India continues to attract companies seeking growth. By addressing these legal challenges and working closely with legal professionals who are well-versed in Indian laws and regulations, businesses can navigate the Indian market successfully and unlock its vast potential.

    Lastly, based on your experience and expertise, what advice would you give to fresh law graduates who are aspiring to build a successful career in the field of corporate and commercial law, particularly in India?

    If I must chronologically respond to the above Seek Mentorship: 

    • Find mentors who have excelled in the field of corporate and commercial law. Their guidance, support, and insights can be invaluable in navigating your career path, understanding industry nuances, and making informed decisions. Learn the good, ignore the rest.  Remember, the legal fraternity is very small – people will always remember how you are to others.

    • Cultivate Professionalism and Ethical Standards: Upholding professionalism and ethical standards is essential for a successful legal career. Maintain integrity and develop effective communication and interpersonal skills to establish trust and build strong professional relationships.

    • Gain Practical Experience: Seek out internships and practical experiences in law firms, corporate legal departments, or relevant organizations. Practical exposure will provide you with invaluable insights into the field, help you understand the real-world application of legal principles, and develop essential skills .Specialize and Continuously Learn: Corporate and commercial law is a vast and dynamic field. Consider specializing in specific areas such as mergers and acquisitions, contracts, intellectual property, or securities law. Continuously update your knowledge and stay informed about changes in laws, regulations, and industry practices through seminars, workshops, professional development programs, and legal publications.

    • Develop Business Acumen: Understanding the business context is crucial for corporate and commercial lawyers. Gain a solid understanding of business fundamentals, financial statements, market trends, and industry-specific knowledge. This knowledge will enable you to provide practical and commercially viable legal advice to clients and contribute to their overall business objectives.

    • Develop Strong Legal Research and Drafting Skills: Corporate and commercial law requires excellent research and drafting skills. Practice conducting thorough legal research, analyzing case law, and applying legal principles to complex situations. Hone your drafting skills by preparing well-structured and concise legal documents, contracts, and agreements.

    • Embrace Technology and Innovation: The legal industry is evolving, and technology is playing an increasingly significant role. Familiarize yourself with legal tech tools, research databases, document management systems, and other technology solutions that can streamline legal processes and enhance efficiency. Embracing technology and innovation will make you a valuable asset in the evolving legal landscape.

    • Be Resilient and Adapt to Change: The legal profession can be demanding and challenging. Cultivate resilience, the ability to adapt to change, and a growth mindset. Embrace new challenges, learn from setbacks, and continuously seek opportunities to expand your knowledge and skills.

    Remember, building a successful career takes time and dedication. Be patient, embrace opportunities for growth, and stay passionate about your chosen field. With perseverance, continuous learning, and a proactive approach, you can forge a rewarding and successful career in corporate and commercial law in India.

    Get in touch with Vinay Butani-

  • In Conversation With: Mumtaz Bhalla, Partner at Economic Laws Practice (ELP) and an Advocate on Record at the Supreme Court of India

    In Conversation With: Mumtaz Bhalla, Partner at Economic Laws Practice (ELP) and an Advocate on Record at the Supreme Court of India

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


    It is said that the best moments happen when they are unplanned. How true do you find this axiom? Do you anyhow relate to it considering that you were a science student and had never intended to take law as a career?

    I fit this quote perfectly. Law for me was unplanned. It wasn’t a thought-out decision. I didn’t know of the challenges the profession brought with it. Had I planned on it, I would have researched and succumbed to the pressures and challenges, especially since no one even in my distant family was/is a lawyer. After finishing school, I was clueless about what to do. I knew that I could never be a Doctor for even the very sight of blood could send shivers down my spine.

    A friend wanted to pursue law and convinced me to sit for an entrance exam. I think it worked in my favour. I came with no expectations, just seamlessly adjusted and fell in love with it. Sometimes the lack of expectation can set you free, certainly did so in my case. Today, I can say with certainty that it was the right and the best choice for me. I could have been nothing but a lawyer. 

    How did you manage to secure an internship under Mr Arun Jaitley and then land a job role at L&L Partners? 

    Mr Jaitley was the reason I took law seriously. I went to him seeking an internship in my final year of law school. At that time, everyone intended to seek a job where the internet and law firms were the most sought. I was very clear in my mind that I wanted to be a litigator and I knew that Mr Jaitley was inclined towards politics, so it may be my one and only chance to work with him for a considerable time. When I interned with him, the sheer aura he exuded was inspiring. His oration was impeccable and there was so much to learn from him.

    The internship led to a job as he felt that, if groomed right, he could be a good lawyer. I am glad I learnt from him, else I would have never been what I am today. Mr Jaitley quit practice in June 2009 and I had no choice but to move on. I had interned at L&L Partners and it was natural for me to look for a job there. I knew the environment and they knew my work fairly well. So, it all fell into place and it did not take much time for them to decide on my candidature and I joined L&L in July 2009.

    You worked at L&L for more than a decade. Can you share a bit about your role and the kind of work you had there? Do you think that L&L Partners was a turning point in your career?

    L&L appeared to be a stop-gap arrangement back then because I was not sure if I wanted to be at a law firm. I was enjoying law, but a job change after working at a place merely for one and a half years left me in a bit of a quandary. I joined L&L and there has been no looking back since then. From being valued as a resource in every matter I worked on, to being given the exposure to develop business with barely 3 years into the profession, allowed me to hone my all-around skills. I was acknowledged for my contributions in a matter, given out-of-turn promotions, and allowed to argue matters early in my career. Mr Jaitley inspired me…he was my guru.

    L&L shaped me into what I am… They knew what I was capable of, and they gave me the confidence and the platform to grow. I handled a variety of matters. A lot of practice areas (such as criminal trials) were not what my team did…but I was always encouraged to explore that part of the law as well. My Senior Partner had faith in me and let me develop my own ideas and approach. I have done everything from civil trial to criminal trial to PMLA to the consumer to arbitration to appellate and constitutional matters. I don’t think I could have gotten this kind of exposure anywhere else. In fact, it was my experience which helped me clear my AoR exam in my first attempt without the effort I expected I needed to put in. I continued with my regular work and cleared the exam with a good score.  

    You happen to excel both in Arbitration and traditional court-based litigation. What according to you is the best dispute resolution method? Do you think ADR is really serving its purpose in lowering the pendency of cases and burden on Courts?

    According to me, Arbitration is nothing but a personalised mini-trial. It is a more formal and time-bound process. I enjoy arbitrations as much as I enjoy traditional litigation…and sometimes even more. Out of all the arbitrations I have handled till now (big or small), all have been presided over by retired Judges, so the efficiency of CPC has never been compromised despite CPC not be strictly applicable. 

    I feel ADR is serving its purpose. With the way the Arbitration law has evolved in the last 7 years, it is at par with global standards. Arbitrations no longer go on like civil trials for years and years. The challenge to an award is restricted and with no automatic stay to an award upon the filing of an appeal anymore, matters get resolved quicker. Courts are usually reluctant to grant a stay without a deposit and where the Judgment-Debtor has to pay a big deposit, the matter often gets resolved without going through the lengthy process of an appeal in many cases. I feel while ad-hoc Arbitrations are expensive, institutions like DIAC bring it closer to smaller claims. I am certain that with time, arbitrations would make way for all kinds of disputes. 

    What skills according to you a law student must groom in order to pursue his/her career in International & Commercial Arbitration?

    I think reading the Arbitration and Conciliation Act is not enough. They must read the latest law on it…see how courts are interpreting it…follow law commission reports, and international developments…because what happens internationally is adopted by India too…sooner or later. 

    Can you tell us a bit about your current role and responsibilities? 

    Much like L&L, where I was a Partner for about 5 years, I am a Partner at ELP where I handle their dispute resolution (arbitration and litigation) practice. My role at the firm includes execution of matters, and business development so that we all can grow as a firm. Unlike several other firms, ELP (as did L&L) encourages its Partners to argue matters and conduct evidentiary hearings, which makes work more exciting.

    You have also served as the regional representative of India in the International Bar Association’s Criminal Law Committee. Would you like to share your experience and key learnings with us? 

    That was a beautiful experience. I argued for the Prosecution in a mock trial for an international crime before a Bench Comprising of a sitting Judge of the Supreme Court of Korea and won the criminal trial. My entry to the committee just didn’t help me organise the Trial but helped me understand issues of Transnational Crime, discuss cross-border criminal law issues and meet the experts in the arena. IBA also helped me gain an international name which is hard on the criminal side till you take part in any actual international criminal trial. In fact, law firms in India usually don’t focus a lot on criminal trials and organisations like IBA take us beyond our territorial limits.   

    At last, would you like to share your success mantra with our readers?

    After having given 13+ years to the profession, I feel there is no success mantra. There are no rules to go by. Work hard and with complete sincerity…enjoy what you do…success is a natural by-product. Don’t be impatient, don’t look to take shortcuts, there are none. Grow your way up the ladder with patience and perseverance.  


    Get in touch with Mumtaz Bhalla –