Hiroo Advani joins Bharucha & Partners with 10 of his team amid poaching war

  • In July, Mint reported that senior corporate lawyers heading mergers and acquisitions, private equity, disputes and competition law at various firms were being snapped up by rivals at a rapid pace, leading to a poaching war among top firms.

Priyanka Gawande
Published3 Sep 2024, 11:25 AM IST
Such moves are becoming increasingly common at top law firms because of a rise in corporate litigation and several regulatory changes.
Such moves are becoming increasingly common at top law firms because of a rise in corporate litigation and several regulatory changes.

Hiroo Advani, a senior arbitrator and managing partner of Advani Law LLP has joined Bharucha & Partners along with 10 members of his team to head the latter’s arbitration practice. As a result, Advani & Co will shut its offices in Mumbai, Delhi and Bengaluru.

Such moves are becoming increasingly common at top law firms because of a rise in corporate litigation and several regulatory changes.

Advani has represented some of the biggest global players in oil and gas, infrastructure, construction, and renewable energy. He has been involved in setting up several joint ventures and special purpose vehicles in high-stake project disputes, according to Advani Law’s website.

Also read: Hotshot lawyers are switching jobs, taking entire teams with them

He has also been lead counsel in cases of institutional arbitration at the Singapore International Arbitration Centre, the London Court of International Arbitration, the International Chamber of Commerce, and the SCC Arbitration Institute in Sweden.

Advani will work with Justin Bharucha, managing partner at Bharucha & Partners. The firm's current partners include MP Bharucha, Alka Bharucha, Justin Bharucha, Vandana Pai, Vishnu Dutt, Kaushik Moitra, Sneha Jaisingh, Swathi Girimaji, Parag Bhide and Vivek Mishra.

Advani also appears before Indian courts. Most recently, he was lead counsel in the Group of Companies Doctrine case, in which a Constitutional Bench of the Supreme Court, chaired by the Chief Justice of India, ruled that non-signatories to an arbitration clause were subject to arbitration proceedings.

He said, “B&P has consistently showcased remarkable expertise across practice areas, especially in arbitration… I believe we will set new benchmarks in arbitration.” Justin Bharucha said, “Hiroo’s unmatched experience in arbitration and as an arbitrator adds to MP’s vast experience and Sneha’s leadership.”

Bharucha & Partners has a total of 160 lawyers, and offices in Mumbai, Delhi and Bengaluru. According to its website, its clients include Fortune 500 companies, multinational corporations, public sector undertakings, banking and financial institutions, government and state authorities, and various nonprofits.

War for talent

On 31 July Mint reported that senior corporate lawyers heading mergers and acquisitions, private equity, disputes and competition law at various firms were being snapped up by rivals at a rapid pace, leading to a poaching war among firms such as Cyril Amarchand Mangaldas, JSA Advocates & Solicitors, and Khaitan & Co.

Often the movers bring their entire teams with them, as most clients are loyal to individual lawyers or teams that handle their cases, and not the firms they work for. For instance, Cyril Amarchand Mangaldas announced on 29 July that Manan Lahoty, a capital markets partner at IndusLaw, was joining the firm with a team of eight partners and 43 advocates.

Also read: Why everyone should think like a lawyer

The same month, JSA hired Nisha Kaur Uberoi, who headed the competition practice at Trilegal. Uberoi, who looks at complex areas such as merger control, cartels, abuse of dominance, and the digital economy, brought two partners and 25 attorneys with her.

In June, Khaitan & Co roped in Avik Biswas and Vaibhav Bhardwaj along with their teams from IndusLaw to head their employment, labour, and benefits practice. Biswas joined as a partner in Bengaluru while Bhardwaj joined as a partner based in Noida.

Also read: India's economic boom fuels a rush for law grads. But many are still left out.

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:3 Sep 2024, 11:25 AM IST
Business NewsIndustryHiroo Advani joins Bharucha & Partners with 10 of his team amid poaching war

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Vedanta share price

    472.20
    02:51 PM | 17 OCT 2024
    -14.6 (-3%)

    Tata Steel share price

    152.55
    02:51 PM | 17 OCT 2024
    -2.7 (-1.74%)

    Bharat Petroleum Corporation share price

    342.70
    02:51 PM | 17 OCT 2024
    -8.15 (-2.32%)

    State Bank Of India share price

    811.35
    02:51 PM | 17 OCT 2024
    5.5 (0.68%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Tech Mahindra share price

    1,706.60
    02:51 PM | 17 OCT 2024
    46.65 (2.81%)

    Firstsource Solutions share price

    342.35
    02:51 PM | 17 OCT 2024
    5.05 (1.5%)

    Computer Age Management Services share price

    4,872.15
    02:51 PM | 17 OCT 2024
    36.9 (0.76%)

    EPL share price

    271.25
    02:50 PM | 17 OCT 2024
    -0.45 (-0.17%)
    More from 52 Week High

    Oberoi Realty share price

    1,905.60
    02:51 PM | 17 OCT 2024
    -125.4 (-6.17%)

    Himadri Speciality Chemical share price

    624.05
    02:51 PM | 17 OCT 2024
    -38.75 (-5.85%)

    Bharat Heavy Electricals share price

    255.65
    02:51 PM | 17 OCT 2024
    -13.9 (-5.16%)

    KEI Industries share price

    4,163.05
    02:50 PM | 17 OCT 2024
    -218.35 (-4.98%)
    More from Top Losers

    Mphasis share price

    3,094.65
    02:51 PM | 17 OCT 2024
    183.95 (6.32%)

    Titagarh Rail Systems share price

    1,181.15
    02:51 PM | 17 OCT 2024
    48.7 (4.3%)

    National Aluminium Company share price

    225.95
    02:51 PM | 17 OCT 2024
    8.45 (3.89%)

    Karur Vysya Bank share price

    211.60
    02:51 PM | 17 OCT 2024
    7.55 (3.7%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      77,915.00510.00
      Chennai
      77,921.00510.00
      Delhi
      78,073.00510.00
      Kolkata
      77,925.00510.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.85/L0.10
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00

      Popular in Industry

        HomeMarketsloanPremiumMint Shorts