📷 Image Credits: Legal Business Online
Indian law firm J. Sagar Associates has made a significant move in the M&A sector by hiring a team of around 20 lawyers from Shardul Amarchand Mangaldas & Co. This team is spearheaded by the renowned rainmaker Iqbal Khan, who will now lead JSA’s national corporate/M&A practice. The recruitment of this talented team marks one of JSA’s most prominent lateral hires in what has already been a busy year for the firm.
Apart from Khan, the team also includes equity partner Ambarish, partner Tanavi Mohanty, and newly minted partners Ashid Basheer and Devika Menon, who were formerly principal associates at SAM. Khan’s M&A vertical is highly regarded in the corporate sector, known as one of the most sought-after practice groups in the market.
Sources reveal that Khan’s M&A practice was one of the most lucrative groups at SAM, boasting a client list that includes top conglomerates, sovereign wealth funds, and private equity giants like TPG, Bain Capital, Brookfield, Advent, Apax, and KKR. Khan’s recent notable projects include guiding Reliance Industries and Viacom18 on a massive $8.5 billion merger with Walt Disney’s Star India, and representing Tata Technologies in a joint venture with BMW.
JSA’s joint managing partners, Amit Kapur and Vivek K Chandy, expressed enthusiasm about the new additions, highlighting the firm’s collaborative and meritocratic approach. The partners at JSA work together to ensure operational freedom and strategic independence in matter management. The recent recruitment of the M&A team led by Iqbal Khan underscores JSA’s commitment to building a top-tier PE & M&A practice in the country.
Furthermore, JSA has been on a recruitment spree in recent months, expanding its reach across various regions in India. With a series of strategic hires, including a four-member disputes team, partners in Bengaluru, Mumbai, and Hyderabad, the firm continues to strengthen its foothold in the legal market, positioning itself as a formidable player in the industry.
