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Looking at your impressive career in corporate law, what initially inspired you to pursue a legal career, and what piqued your interest in areas like Cross-Border Transactions, International Trade, and FDI?
From my childhood days, I always looked forward to pursuing a career in law. Further, my inclination for corporate law started from the days when I was in my seventh semester of the five-year law course. Subsequently, in the initial years of my practice, I had the privilege of working with some of the biggest corporates globally, handling their legal matters. These experiences solidified my passion for corporate law, particularly in Cross-border Transactions, International Trade and Foreign Direct investment they offer dynamic challenges and opportunities to contribute to the global business landscape. So far, I have successfully executed five multi-million dollars foreign direct investments (FDI) in India, providing strategic support to foreign investors in navigating the complexities of Indian market. Further, with respect to International Trade numerous disputes have been handled by me and my law firm/office and amicably resolved, consistently achieving favourable outcomes for a niche and discerning clientele. These experiences have underscored the immense potential for growth, both in terms of professional learning and financial opportunities, in practicing corporate law within specialized areas such as Cross-Border Transactions, International Trade, and FDI in India. This niche focus has allowed me to develop a deep understanding of the legal and commercial nuances in these domains, further enhancing my ability to deliver tailored and effective solutions.
Having gained significant experience with various law firms early in your career, what were the most valuable lessons you learned that deepened your understanding of this profession?
Working with various law firms, the most valuable lessons I learnt are to be thorough with research and respect the timelines. These lessons shaped my approach to providing reliable and timely solutions in my legal practice. Apart from these, one has to follow a proper schedule and endeavour to develop a robust system not only within himself/herself but also within the organisation. One has to be always updated with respect to the latest developments in the legal arena and especially with respect to the practice areas where the Advocate is offering legal services. Court visits are must throughout the career as it gives in depth insights with respect to the constant evolution of the legal system. Certifications and courses should be availed and completed with respect to the particular practice area where the Lawyer choses to specialise or opt for in his/her career path.
At My Lawyers Advice, with your vast expertise in debt recovery, how do you navigate the complexities of cross-border debt recovery in India, particularly when working with multinational clients?
As the Founder of My Lawyers Advice ( ) I leverage my experience to navigate the complexities of cross-border debt recovery in India, offering customised boutique legal services to our esteemed niche clients. This involves working in close liaison with their in-house legal teams. Our approach involves crafting bespoke legal documents and maintaining a work schedule of 24×7 while duly considering the working time zone of the client. Not only these, we at My Lawyers Advice offer a plethora of legal services to International clients which includes legal services to Non-Resident Indians (NRIs) with respect to addressing legal issues with respect to customs compliances and violations, representation before the Reserve Bank of India and the Ministry of Corporate Affairs, Enforcement Directorate and other Investigating Agencies for FEMA compliances and violations, rendering legal advisory services for foreign institutional investors with respect to legal audit and forensic audit before they invest in Indian companies and other corporate related issues and matters.
With your extensive background in Arbitration, especially dealing with prominent organizations, how do you approach the arbitration process to resolve disputes and what do you see as the future of Arbitration in India?
Arbitration already has a global acceptance and undoubtedly has a bright future in India. I approach the arbitration process with a specific strategy wherein our clients’ claims or counterclaims are strategically presented to be well-placed in the case. Further, continuous efforts for amicable resolution of disputes and entering into firm negotiations are equally important. The Arbitration & Conciliation Act of 1996 has seen requisite amendments and the Union Parliament is making endeavours to make the arbitration process more friendly and swift. Further, International Arbitration Centres are already set up and working in Delhi and Mumbai and the entire arbitration process is being streamlined in such a way to achieve the objective of the Act. The future of arbitration is bright and young Lawyers should endeavour to explore career opportunities. There are also specific certification courses offered by Colleges, Universities and several online platforms which can be definitely pursued by young Lawyers to attain deep knowledge and skills.
After working with several prominent firms and legal entities, what motivated you to establish your own practice, and what were the initial hurdles you faced when setting up My Lawyers Advice?
Motivation to Establish My Own Practice: The idea of starting my own practice wasn’t something that came up overnight. During my college days, my batchmate, Mr. Rituraj Kumar, and I had already decided that one day we’d set up our own firm and work together. We shared a lot of milestones graduating together, enrolling with the Bar Council of Delhi, taking the AIBE exam, and clearing it in one go.
Afterward, we intentionally took separate paths, working with different firms and legal entities to gain as much experience as possible. These years were about sharpening our skills and understanding the profession better. In 2014, we finally took the leap and started our independent practice with a small office in Connaught Place, Delhi. While many have joined and moved on from our team, Rituraj and I have remained a constant, working together as partners since day one.
Initial Hurdles in Setting Up My Lawyers Advice: One of the biggest challenges we faced was figuring out how to create meaningful, value-driven content for the public. My Lawyers Advice ( ) was launched as an online platform to provide free legal knowledge through blogs, but producing consistent, high-quality content was a daunting task at first.
This hurdle was overcome thanks to our partnership with LawSikho, which provided us with talented law students who worked as researchers and sometimes even co-authors. With their support, we’ve managed to publish over 750 blogs in the last four years. Today, we still work with fantastic interns from LawSikho and collaborate with their Legal Freelance Team to create top-notch, research-based solutions for our readers.
Looking back, those initial challenges were tough, but they pushed us to grow and innovate, laying a strong foundation for what My Lawyers Advice has become today.
Given your experience in structuring Foreign Direct Investment (FDI) and advising international clients on entering the Indian market, how do you navigate the complexities of aligning foreign businesses with India’s legal regulations, especially in the context of complex cross-border investments?
The Modi Government has streamlined things for foreign Corporations and foreign Investors to set up their businesses in India. However, there exists the ease of doing business in India, yet in some places, it still needs improvement. For India Business Entry/India Market Entry, we work in close liaison with the foreign Attorneys and CPAs of our client and ensure they understand the legal, financial and taxation related compliances before sharing them with the Directors and Founders.
Undoubtedly the Indian legal system and the tax regime stands deeply embedded with complexities and the same needs to be dealt with a lot of caution and care. Now from an Investor’s point of view he/she does not want to involve themselves into such complexities. Here comes the challenge, to balance out compliances and investments. The entire process involves numerous and tedious rounds of dialogues and discussions before a consensus is reached. Once we are on the same page then the actual work commences. Over here I would like to thank our Associates and Partners for their commitment and long-standing support.
What advice would you give to aspiring legal professionals who wish to follow a career path similar to yours?
Young and aspiring legal professional should always substantiate their words and work with proper research. They should decide which practice area of law they want to work in and then put their heart, body and soul into it, and success shall definitely come to them. In the initial three years of career, they should concentrate on learning over earning. Once they are able to attain top notch skills and decide their practice area and career path then earnings shall eventually follow. Next best thing is to team up with likeminded people and work in conjoin and commence practice. Legal profession in a dynamic profession and is ever evolving and thus one needs to be always thorough and updated with all the requisite skills i.e. legal skills, IT skills etc. in order to achieve the desired goals and to remain relevant. One cannot afford to lose relevancy because irrelevant people don’t matter to anyone.
Given the demanding nature of your work, how do you manage to strike a balance between your professional responsibilities and personal life?
A work-life balance is important, but many times it is hard to maintain. The legal profession is always very demanding and time is of utmost essence. There is no straight jacket formula for work-life balance, but for me, short trips in 3-4 months are mandatory. Indeed, it is very difficult to maintain an adequate work life balance and especially when you are working on maximum time zones yet endeavours are definitely made to attain equilibrium. I cannot say that I am perfectly able to maintain a work life balance but I can definitely say that I love doing my work to the fullest and am happily enjoying my life. Yes, sometimes there are ups and downs but they are necessary for a joyful living as things will become monotonous. The basic idea is to enjoy work and life together.
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