Allen & Overy (A&O) partner Srinivas Parthasarathy is to leave the firm’s Singapore office to take up partnership at the Mumbai office of A&O’s Indian alliance firm Trilegal.
In his new role Parthasarathy, who is qualified in the UK and India, will help develop the capital markets team at Trilegal, with which A&O has a non-exclusive referral relationship.
A spokesperson for A&O said: “It’s the next logical step in our relationship. Non-Indian firms can’t establish [themselves in India]. Our response was to establish a non-exclusive relationship and refer clients to each other.
“It’s a win-win situation. By helping to develop Trilegal’s capital markets practice we can develop closer ties with them.”
The spokesperson described Parthasarathy’s move as permanent move, adding “he’s not expected back any time soon”.
Anand Prasad, a founding partner of Trilegal said: “Partha’s long experience in the Indian capital markets and with Allen & Overy will give the practice strong leadership.”
Parthasarathy, who joined A&O in 2007, was unavailable for comment.
A&O signed its referral relationship with Trilegal in 2008 (22 February 2008).