In what we can call as a stunning move, AZB & Partners transaction support group (TSG) Partner Ami Parikh has left the firm, as per sources.
Parikh had joined AZB in 2017 from Cyril Amarchand Mangaldas (CAM), where she had been running the firm’s legal process outsourcing (LPO)-styled practice, dubbed transaction support group (TSG).
When she left CAM, the firm claimed that it was ditching TSG to focus on machine learning.
Though most of the jury was in agreement that the technology hasn't quite hit the prime time yet as far as replacing human billers is concerned, in most segments.
On similar lines, in his duration at AZB, Parikh also started a transaction support group (TSG) along similar lines as CAM’s former unit, focusing on more commoditized legal work.
That AZB TSG team is understood to now have around 7 fee-earners, and assists a number of the Firm’s M&A Partners, particularly in due diligence.
AZB's Managing Partner Zia Mody informed that she was a fan of the TSG model.
She quoted saying,
She further added that the firm was exploring ways of structuring the team following Parikh’s departure.
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