Tag: TMT

  • “The TMT field moves too fast, and the opportunities are extraordinary for lawyers who master the hybrid skillset.” – Roopam Verma, Partner at IRIS Legal.

    “The TMT field moves too fast, and the opportunities are extraordinary for lawyers who master the hybrid skillset.” – Roopam Verma, Partner at IRIS Legal.

    This interview has been published by Anshi Mudgal and The SuperLawyer Team

    Sir, you have built an impressive career spanning over 18 years across a top-tier law firm, a broadcasting company, a multinational IT consulting giant, and now as Corporate, TMT and Fintech Lead Partner at IRIS Legal. How has this diverse journey shaped your expertise, and what inspired your transition into private practice leadership?

    My journey at Khaitan & Co. gave me the essential foundation every lawyer needs, the ability to spot issues, conduct thorough research, and build watertight arguments. That big law firm environment teaches you precision and attention to detail.

    But the real transformation came in-house as Associate General Counsel at Capgemini and Senior Lead Counsel at Ten Sports. I discovered that being legally correct isn’t always the same as being commercially useful. You’re not just analyzing what the law says—you’re figuring out how to make business objectives happen within legal boundaries. I learned to ask different questions: How can we structure this deal so it actually gets done? What’s the smartest way to navigate regulatory requirements without stalling progress? It was a shift from binary yes-or-no answers to providing a menu of options with a solution-oriented mindset.

    After gaining this dual exposure, I returned to private practice with something unique to offer: not just legal expertise, but genuine understanding of how businesses actually operate. Now, as the Corporate, TMT, and Fintech Lead Partner at IRIS Legal, I bring that business-first perspective to everything I do. My clients get practical, informed advice that helps them achieve their goals. I’ll flag the risks that matter, but I won’t derail a good deal over theoretical concerns. At the end of the day, successful legal practice is about enabling business success, not preventing it.

    During your early years at Khaitan & Co, you worked on cross-border and domestic M&A, private equity, and joint ventures. Which experiences from that period continue to influence how you approach corporate and technology-driven transactions today?

    My Khaitan years were foundational in several ways. The cross-border work taught me to map regulatory complexity upfront rather than discover deal-breakers halfway through—crucial now in tech and fintech deals. Working with PE firms helped me understand commercial dynamics and evaluate legal structures through a risk-return lens. Joint ventures taught me stakeholder management across different corporate cultures—invaluable when working with multinational tech companies with different risk appetites and decision-making processes. Most importantly, that M&A training instilled rigorous due diligence and issue-spotting skills—the ability to quickly distinguish between genuine deal risks and ‘nice to have’ cleanups that can wait.

    You later transitioned into the media and entertainment space, handling high-stakes content acquisition and cross-border broadcasting deals. How did this experience broaden your legal skillset compared to traditional corporate and technology law?

    The transition to Ten Sports was a complete game-changer. I moved from the law firm hierarchy to reporting directly to the CEO, contributing in strategy discussions with brilliant minds from IIMs, IITs, and major financial institutions where business decisions happened in real time. We were doing creative cross-border structuring to establish global presence for a popular sport, coordinating with international firms across time zones on tight deadlines in a relentless, fast-paced environment.

    What made this particularly exciting was that broadcasting regulations in India were being completely redefined. Unlike traditional corporate work with periodic regulatory interaction, broadcasting required constant regulator engagement, anticipating policy changes, and building compliance into deal structures from day one. There were no established playbooks, so innovation was essential in structuring untested solutions.

    This experience fundamentally changed my approach—teaching me to think several moves ahead, build flexibility into structures for rapidly evolving frameworks, and integrate legal solutions with real-time business needs. Those skills have been invaluable in complex technology and fintech transactions where innovation often outpaces regulation.

    In your role at Capgemini, you managed various high stake legal portfolios, led complex software licensing and cloud transformation deals, and negotiations. What were some of the most challenging aspects of these negotiations, especially in the software and cloud service space, and how did you navigate them?

    As Associate General Counsel-North Americas at Capgemini, managing high-stake software licensing and cloud transformation deals required navigating multifaceted challenges under tight timelines while balancing cross-jurisdictional jurisprudence and business expectations across EMEA, APAC, and Americas—each with distinct data sovereignty and regulatory frameworks.

    Some of the critical negotiation points centered around licensee’s rights on original source code, ownership of developed IP, royalty and revenue split models, managing third-party and open-source components, establishing robust escrow mechanisms with clear release conditions, post-termination IP treatment including perpetual licenses and wind-down periods, the binding nature of revenue forecasts where clients wanted flexibility while we needed commitment, and structuring appropriate liability caps and indemnification with adequate representations and warranties.

    The key to timely deal closure was maintaining preparedness with legal alternate solutions to navigate negotiation impasses—whether through hybrid licensing models, phased implementations, or creative commercial structuring that addressed both parties’ underlying interests.

    With extensive experience in software, digital, IoT, and 5G technologies, what do you see as the most pressing legal challenges in the TMT sector today, particularly around cloud services, outsourcing, and cross-border data regulation?

    From my experience, the most pressing challenge is implementing the Digital Personal Data Protection Act, 2023 while preserving India’s competitive edge as a global technology hub. Organizations are navigating the delicate balance between data localization requirements, cross-border transfer mechanisms, and serving global clients across multiple jurisdictions. This becomes particularly complex in cloud and outsourcing contexts where Indian service providers must reconcile DPDP Act obligations with clients’ home country regulations—whether GDPR, CCPA, or sector-specific frameworks—often requiring sophisticated contractual architectures and sometimes separate processing environments.

    Secondly, there’s significant regulatory uncertainty around cloud services and emerging technologies. While DPDP Act rules are still being notified, sectoral regulators like RBI, SEBI, and IRDAI are issuing parallel guidelines, creating a complex compliance matrix. For cloud services, we’re seeing ambiguity around ‘significant data fiduciary’ classification, liability allocation between providers and customers, and critical information infrastructure obligations. In 5G and IoT, clarity remains limited on device security standards, edge computing liability, and supply chain security requirements.

    The key is building flexible compliance frameworks that adapt as regulations evolve, while ensuring legal rigor doesn’t stifle India’s innovation advantage. Success requires proactive regulatory engagement and translating regulatory complexity into pragmatic operational solutions.

    Having advised on M&A and strategic business transfers in technology and IP-driven sectors, what are the most critical considerations that companies and their legal counsel should keep in mind when structuring such deals?

    One of the most critical considerations is comprehensive IP due diligence that goes beyond ownership verification to understand value creation architecture. This means mapping registered IP, unregistered trade secrets, open-source dependencies with potential viral licensing obligations, third-party components, and ensuring proper assignment agreements exist for contractor and employee-developed IP. I’ve seen deals nearly collapse when acquirers discovered core technology relied on restrictively-licensed open-source libraries or that critical IP was personally owned by founders rather than the company.

    Equally important is analyzing transferability—whether customer agreements contain change-of-control provisions and ensuring data privacy compliance for cross-border transfers post-transaction under DPDP Act and GDPR. In IP-driven businesses, talent retention often matters more than IP, as innovation resides in people—structuring proper rebadging, enforceable earn-outs, retention bonuses, and non-competes while maintaining team morale is essential.

    The key lesson is that technology M&A requires legal counsel to think like business strategists and technologists, structuring appropriate representations and indemnities that fairly allocate IP-related risks.

    As a leader at IRIS Legal, you advise clients on both complex technology transactions and broader corporate advisory matters. Managing such a high-profile, demanding career alongside personal commitments can be challenging. How have you approached work-life balance, and what strategies have helped you manage both professional and personal priorities effectively?

    Work-life balance in demanding legal practice requires intentional strategies. At IRIS Legal, we’ve found several approaches effective.

    • First, creating clear time boundaries is critical. AI has made life significantly simpler by automating routine research and tasks, allowing us to work more strategically. When pressing deadlines or client emergencies arise, we put in the hours needed to deliver excellence. However, we encourage our team to leave early when there’s no immediate deadline—preventing burnout and maintaining long-term productivity.
    • Second, we’ve implemented a hybrid work model combining office collaboration for complex matters with focused, interruption-free time for deep work. Every day begins with a 15-minute priority discussion to align on what needs immediate attention versus what can wait—this simple practice brings remarkable clarity to otherwise chaotic days.
    • Finally, we leverage technology strategically — using AI extensively for research and routine tasks to free mental bandwidth for high-value, strategic work that truly requires our expertise. We also follow a 15-minute rule, prioritizing tasks that can be completed quickly to prevent small matters from accumulating into overwhelming backlogs.

    These strategies help us maintain high client service standards while preserving personal time and team well-being.

    Finally, what advice would you give to young lawyers aspiring to build careers in technology, especially those contemplating whether to start in a law firm or an in-house role?

    My advice is simple: in TMT, technology literacy is as critical as legal expertise. You need solid legal fundamentals, business acumen, and genuine tech fluency—not surface knowledge, but actual understanding of how tech such as AI models work, how cloud architectures function, how platforms handle data. I’ve seen talented lawyers struggle because they couldn’t grasp what their clients were building.

    I’d recommend starting at a specialized firm for 2-3 years to get breadth—exposure to how different companies handle tech governance, cross-border data flows, emerging tech compliance—then moving in-house to understand how legal advice translates into product reality.

    Staying current is non-negotiable. I follow AI researchers, read tech blogs as much as legal updates, and track policy developments constantly. When new regulations drop—which happens monthly—you need to understand both the regulatory requirements and technical implementation.

    The lawyers succeeding in TMT can walk into meetings with engineers and speak their language, then explain regulatory implications to the C-suite. The traditional ‘learn law first, industry knowledge later’ approach doesn’t work in TMT—the field moves too fast, and the opportunities are extraordinary for lawyers who master this hybrid skillset.

    Get in touch with Roopam Verma –

  • “Being the most knowledgeable person in the room means understanding not only when to speak but also when to listen.” – Arunima Jha Esq., Head of Legal Compliance at KnowledgeWorks Global Ltd.

    “Being the most knowledgeable person in the room means understanding not only when to speak but also when to listen.” – Arunima Jha Esq., Head of Legal Compliance at KnowledgeWorks Global Ltd.

    This interview has been published by Anshi Mudgal and The SuperLawyer Team

    You started your educational journey at the University of Mumbai, where you achieved rank holder status. Reflecting on that time, was law a predetermined career path for you? What motivated you to eventually pursue an MBA?

    Law wasn’t always a clear-cut path for me. I kind of stumbled into it, like someone taking the scenic route and unexpectedly discovering a hidden gem. Becoming a rank holder at the University of Mumbai made me realize that I had a real talent for it, and it opened doors to a fulfilling career. Pursuing an MBA was a natural next step—it felt like adding a new dimension to my skill set. I wanted to combine my legal expertise with a business mindset, giving me an extra edge. After all, understanding the rules is important, but mastering the strategy is what truly makes a difference.

    After completing your bachelor’s degree in law, you pursued a Master’s degree specialising in Business and Corporate Law. What sparked your interest in this specialisation, and how has it influenced your career?

    Specializing in Business and Corporate Law was like deciding to take on the whole challenge, not just a part of it. I’ve always been fascinated by how businesses operate—from their internal structures to the deals that shape their growth. Getting into this field gave me the opportunity to hone my technical skills in areas like contract negotiation, risk management, and regulatory compliance. Managing mergers, acquisitions, and high-value contracts has become second nature, and I’ve gained the ability to analyse the finer details that make or break a deal. It’s not just about understanding the law but about applying it strategically to achieve the best outcomes. This specialization has equipped me with the expertise to craft legally sound documents while ensuring that the business objectives are met, making me confident in driving complex negotiations from start to finish.

    At the beginning of your career, you worked for 4 years as a legal associate before finally switching to corporate as an in-house counsel. What inspired your transition and could you share your experience working in both cultures?

    Transitioning from a legal associate to an in-house counsel felt like going from being a spectator in the stands to actively playing on the field. As an associate, the focus is more on legal technicalities, but in-house, you’re embedded in the business, facing challenges side by side with your team. One key aspect I’ve realized is that having a solid understanding of litigation is essential for any in-house counsel. It helps in recognizing potential legal risks, understanding the procedures, and confidently handling disputes when they arise. In fact, as in-house counsel, we often handle certain litigation matters ourselves, which has allowed me to become more comfortable with the unknown. This experience equips me with the knowledge to not only address issues as they surface but to anticipate them and strategically guide the business through them.

    Having collaborated with many prominent names, you are now the Head Legal Counsel for Knowledge Works Global Ltd. (KGL), a CJK Group Company. What has been one of the most interesting cases you’ve worked on, and what was your approach to handling it?

    Oh, where to start! One of the most exciting parts of my work is handling tech deals. I love collaborating with the tech teams—there’s always something new to learn. Sometimes I wonder if I’m asking too many simple questions, but honestly, it’s an amazing journey, and those questions help me dive deeper.

    That said, if I had to choose one standout contract, it would be the one I handled for Virat Kohli’s brand promotion with HSBC. The negotiations were intense, and it took me more than six months to finalize. By the end, I could feel the exhaustion setting in, but I knew I had to keep a cool head when the stakes were high. The approach? It was all about meticulous preparation, staying patient, and playing the long game. At the end of the day, it came down to finding that sweet spot where everyone walked away happy—or at least convinced they had come out ahead. After all, it’s not just about how you play the hand, but how you sell it to the table.

    In your impressive career spanning over 10 years, you’ve likely worked with numerous national and international clients. How has being a Certified Information Privacy Professional/Europe (CIPP/E) enhanced your understanding of the complexities surrounding privacy issues in different international jurisdictions?

    Being CIPP/E-certified has been crucial in enhancing my understanding of the complex landscape of privacy laws across various jurisdictions. While it’s fundamental to recognize the existence of privacy laws, comprehending the specific nuances and differences between countries is where the real expertise lies. For instance, Europe’s General Data Protection Regulation (GDPR) imposes strict requirements on data handling and protection, while other regions may have more relaxed policies that vary significantly.

    This certification has equipped me with the knowledge necessary to provide effective advice to clients regarding cross-border data flows. It allows me to help businesses understand their obligations under different legal frameworks and the implications of non-compliance. Moreover, in a constantly evolving legal environment, staying updated on these regulations is essential for ensuring that my clients not only meet legal requirements but also adopt best practices for data protection.

    Ultimately, my CIPP/E certification enables me to offer strategic insights that empower my clients to navigate the complexities of international privacy laws confidently. It’s about providing them with the tools and knowledge to thrive in a global market while safeguarding their data and maintaining compliance with relevant regulations.

    During your time at Book My Show, you managed contracts for major live events featuring international artists. In your opinion, what are the key aspects that a legal practitioner, particularly one specialising in contract management, should consider when drafting contracts with international legal implications?

    When drafting international contracts, it’s essential to approach the process with the mindset of a strategist, anticipating potential developments well into the future. This involves several key considerations, such as thoroughly understanding the regulatory landscape in each jurisdiction involved. Selecting the appropriate governing law is crucial, as it sets the framework for how the contract will be interpreted and enforced.

    Additionally, addressing data privacy concerns at the outset is vital, given the varying regulations across countries. This ensures that all parties are aware of their responsibilities regarding data protection from the beginning. Furthermore, incorporating flexibility in critical terms, such as force majeure, is important, particularly when contracts involve live events that may be susceptible to unforeseen circumstances, ranging from a global pandemic to natural disasters.

    The goal is to effectively address potential “what ifs” without unnecessarily complicating the agreement. This balance allows for a comprehensive contract that protects the interests of all parties while maintaining clarity and simplicity in the terms. By doing so, we can create agreements that are not only legally sound but also adaptable to the unpredictable nature of international business.

    As a strategic legal counsel supporting the company’s legal operations across global jurisdictions, how do you believe the Digital Personal Data Protection Act 2023 is reshaping the digital landscape in India? What practices would you implement to navigate the changes introduced by this act?

    The DPDP Act 2023 is fundamentally transforming the landscape of data privacy, compelling companies to rethink how they collect, process, and safeguard data. This legislation encourages organizations to enhance their data-handling practices and embrace a privacy-first mindset.

    To effectively respond to these changes, I recommend that businesses prioritize updating their data management policies and conducting regular audits. It’s also crucial to ensure that the entire team is thoroughly familiar with the new compliance requirements. Think of this process as analogous to upgrading your operating system—it’s essential to ensure that everything operates seamlessly and efficiently, minimizing the risk of unexpected challenges. By proactively adapting to these new standards, organizations can not only achieve compliance but also build trust with their customers.

    With over a decade of experience, what advice would you offer to our young readers who aspire to become successful corporate and commercial lawyers in the future?

    Always bring your best to the negotiation table—being the most knowledgeable person in the room means understanding not only when to speak but also when to listen.

    First and foremost, it is essential to adopt a mindset of continuous learning, as the legal landscape is ever-evolving. Staying current is vital for success in this field. It is important not to confine oneself to theoretical knowledge; gaining practical experience through real-world cases can greatly enhance one’s understanding. Additionally, developing both legal expertise and business acumen is crucial. By combining these skills, as a legal professional one can solve complex situations more effectively and make informed decisions that benefit all parties involved.

    Get in touch with Arunima Jha-