If we try to be like the large firms, we will fail - Abhijit Joshi
This is an excerpt of Abhijit Joshi's interview I happen to read over the web
Abhijit Joshi is the Founding Partner of Veritas Legal. He was the senior partner and chief executive officer (CEO) at AZB & Partners until November 2104. He has been involved in some of the major landmark deals, such as the Rs 5,150 crore Tech Mahindra - Satyam Computer Services merger, Usd 2.6 billion Tata -Docomo transaction among many others. He started his career at Amarchand Mangaldas Suresh A Shroff, working with Cyril Shroff in Mumbai. He later moved to Dua Associates for a while before joining Zia Mody in 2001 as a Partner. He joined the Chamber of Zia Mody when there were about 12-15 lawyers. When he left, 14 years later, there were more than 250.
So what prompted him to leave?
The decision to set up his own firm ‘Veritas Legal’.
“I like to be a part of emerging stories. Apart from the normal push and pull reasons, I wanted the challenge of building from all that I have learnt over the years. It’s an evolution and I do not know what the destination will be but the journey is beautiful.”
Veritas Legal – Growth and Verticals
We move on to talk about his new firm – Veritas Legal, its growth plans and verticals. He says,
“Growth in terms of number is a deceptive criteria. Top line and bottom line are two different concepts. We are laying the foundations as of now. We are building a culture that is congenial and conducive, but at the same time challenging people to think and work beyond the shackles of constrained thinking.”
Joshi is clear that they don’t want to do everything.
“As of now, we have M&A (including corporate commercial and PE), litigation and some real estate. We want to have Banking and Finance, but only when a right person comes along.”
If we try to be like the large firms, we will fail. Joshi was at AZB for 14 years. And when we ask him how different his firm would be from AZB or any other big law firm, he says,
“Very very different. If we try to be like the large firms, we will likely fail. By definition, we have to be all that the large firms are not. Over the years I have learnt a lot about what to do and also learnt what not to do. It would not be correct of me to dissect anyone’s practices.”
You can read the complete interview here - Abhijit Joshi's Interview
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