Thanks to The Lawyer (UK) for these two snippets
They report first on the Allen and Overy partner, Srinivas Parthasarathy, who has been seconded to Mumbai firm and write…
Srinivas Parthasarathy is to leave the firm?s Singapore office to take up partnership at the Mumbai office of A&O?s Indian alliance firm Trilegal.
Srinivas Parthasarathy
In his new role Parthasarathy, who is qualified in the UK and India, will help develop the capital markets team at Trilegal, with which A&O has a non-exclusive referral relationship.
A spokesperson for A&O said: ?It?s the next logical step in our relationship. Non-Indian firms can?t establish [themselves in India]. Our response was to establish a non-exclusive relationship and refer clients to each other.
http://www.thelawyer.com/1001711.article?nl=TL-LND
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Also, you may remember a few weeks back there were reports? in The Lawyer that Indian high flying firm, Fox Mandal had been more than slow in paying some of their fee earners. It appears that they have now eventually been paid.
As reported on TheLawyer.com last month, the firm was unable to pay its Delhi lawyers because the firm?s lockup – the time it takes for clients to pay bills after lawyers start work on a project – had increased from around 90 days to up to six months (27 July 2009).
According to Indian legal news site LegallyIndia.com, FoxMandal managing partner Som Mandal said that all salary payments to fee-earners are now up-to-date, having been paid out in the last two weeks.
