Economic Law Practice (ELP), an Indian law firm’s managing partner Rohan Shah declared that he will quit the firm to embark an independent counsel practice. ELP was set up by Rohan Shah along with Suhail Nathani, Sujjain Talwar and Vikram Nankani.Rohan Shah affirmed that “when ELP was set up in 2001 and we strongly committed to creating a law firm with a legacy & future beyond...
Economic Law Practice (ELP), an Indian law firm’s managing partner Rohan Shah declared that he will quit the firm to embark an independent counsel practice. ELP was set up by Rohan Shah along with Suhail Nathani, Sujjain Talwar and Vikram Nankani.
Rohan Shah affirmed that “when ELP was set up in 2001 and we strongly committed to creating a law firm with a legacy & future beyond the personalities and participation of its founders. After a 15 year journey, in which ELP has gone being a start up to being a “Top Ten” law firm in India, it is time to reinforce our original commitment by transitioning the leadership of the firm from me to the next generation of leadership within the firm.”
In March 2016, J Sagar Associates' partner Somasekhar Sundaresan had also decided to move out from ELP to initiate his counsel practice. Whereas, in February 2016, the Trilegal co-founder, Anand Prasad had resigned to become an independent counsel as well as to join politics.
Prior to his establishment of ELP along with four other partners, Rohan Shah had more than 10 years of counsel practice at an alumnus of Government Law Collage (GLC) Mumbai. In 2013, one of the co-founder Vikram Nankani had also left the firm to pursue counsel practice.
Rohan Shah stated that, "With effect from September 30, 2016, I will exit the firm and retire as Managing Partner of ELP and will transition the role of Managing Partner to one of the co-founders, Suhail Nathani". "Personally, the transition gives me the opportunity to build another innings as a legal counsel, pursuing my passion to renew my career as a litigating Counsel."
He further added, “I look forward to our partners and colleagues, building on this legacy and taking ELP through the next phase of growth in our journey. While the future will see enhanced competition and next challenges, I am confident that ELP has the skill, resilience, and leaders to best look after the needs of our clients and personnel.”
Suhail Nathani stated, “I have known Rohan since we were in school. The journey of ELP has been that of a family and not of a partnership. As managing partner of this firm he has led by consensus and never by his position. The ELP that we are so proud of today is a shining legacy of Rohan’s leadership at ELP. But all good leaders have one more trait – that is the ability to let go. Rohan has taken a decision to pursue his career at the bar and play a role in the policy of our country – both of which will benefit immensely from his ability and skills”. “As I step in to lead this firm, I know it is a role I hold in trust for the next generation. Let ELP set the standards for the new generation of law firms in this country. When the history of professional service firms is finally written for India, Rohan and ELP must have a prominent place.”