Trilegal has announced the promotion of six Counsels to the partnership - Albin George Thomas, Ananya Sonthalia, Chitra Rentala, Komal Dani, Riyaz Bhagat, and Siddharth Dang.
Trilegal promotes Brajendu Bhaskar, Prasan Dhar and Sanjam Arora as Partners barandbench.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barandbench.com Daily Mail and Mail on Sunday newspapers.
Trilegal struggles with internal promotions. The firm is working with a lot of limitations on account of the way it is structured and its size.
They don t have a good internal promotion system. Add to this the fact that the firm has no meaningful rainmaker - so you can take limited risk to incubate practices - not a lot of options here again for Trilegal. This is not an AZB or SAM - there is no big boss who will take care of you or make long term bets.
Becoming a partner is not a god given right - that said, greater commitment to internal promotions may benefit the firm in the long run (and will probably be cheaper). But this is probably better for the profit pool from a senior partner/founder perspective and hey they call the shots here. Keep in mind - when you onboard a partner in a lockstep (if Trilegal is still one), you are giving away a slice of future equity.ReplyReport to LI