July 1- July 26, 2013. 4 weeks. Mon- Fri (You might be called on a non working day in case there is some urgent work required). Timings are 9.30am- 6.30pm (although you might be asked to stay back if there is some work pending)
There were rarely times where any intern was asked to stay back late although we stayed back on our own accord to finish pending work. In that way, the office environment was comfortable and relaxed.
Directions: Getting to the office of the S & R Associates is a bit confusing at first since there aren’t any signboards nearby. Get off from the left side gate of Govindpuri Metro station adjacent to the Banarsidas Chandiwala Institute.
Keep walking towards the gate of the Institute and take the next right which is a long narrow road called the Okhla Phase 3 Road, between a green belt and the Institute.
You can either take a shared auto/rickshaw which costs about 15 rupees per person, to the Airtel Building (since thats the only landmark nearest to the office which they know), or, if you’re a health freak/stingy with the money, you can walk the distance (its about a kilometre).
Personally I walked throughout my internship (except when it rained and it was impossible to walk since one had to ‘waddle’ through the puddles).
If you’re walking, keep walking straight through a Poytechnic Institute and exit through the back gate where you’ll see a mother dairy booth slightly to the left. Keep going straight through another gate where you will cross the Amarchand building on the left side and further down, you’ll pass an Airtel Building on the right side.
The office building has a big 64 signboard outside it so you’ll be able to spot it easily. The office is on the 1st and 2nd floor of the building.
The 1st floor of the office is where a majority of the lawyers sit. The second floor was where the interns were seated along with a few other lawyers. The firm has about 30 associates and 5 partners broadly divided into the Corporate team and the Litigation team.
My application was sent out through the college RCC. You can send a cover letter and CV to Mr. Anil Kumar- [email protected]
The first day I reached the S & R Associates office a bit early at 9.20 am since I didnt know what time the interns were supposed to arrive at. I was made to sit in the plush reception area of the firm. Peeking around, I saw that the office was spacious and uncluttered which gave a good sense right at the start.
At 9.30 we met with Mr. Maxwell Chand, the Executive Assistant of the Firm. A cheerful man full of enthusiasm, he showed me to my desk and gave me an undertaking which was to be signed. The document consisted of the standard do’s and dont’s while interning at the firm.
Once all the interns were settled and allotted workstations, we were introduced to each person in the office which was a nice way to know the names of everyone (which didn’t take long considering there aren’t a lot of people in the office).
We even had a little tour of the office where we were shown the conference rooms, the library, the pantry and the cafeteria.
The office even had a nice little terrace so on days where there was a cool breeze blowing, or you didnt have work, you could go upstairs and take some time off.
The Conference rooms were swanky, replete with video conferencing paraphernalia and the awards that S & R had won (most of them were for being the best Capital Markets firm in India).
The Cafeteria had all the essentials: A fridge, A microwave and a TV. There were times when the work load was low, we watched a few scenes of movies that were playing at that time (though the cafeteria guy would look at us displeasingly).
The tasks assigned to the Interns were primarily research based tasks.
They were mostly issue based research tasks although some times you would get fact based research where the lawyer would give you the fact scenario and you had to answer certain questions based on those facts.
There was, however, no due diligence based work for the interns that was allotted during the time I was there.
The main areas of the S & R Associates LAw Firm were Capital Markets, Corporate Law, M&A, Corporate Litigation and Arbitration. Some of the research included researching on the changing FDI Policy with regards to e commerce, education, telecommunication, LLP’s, defence, insurance etc., implications of certain M&A deals in specific markets, structure of LLP’s in India, medical negligence, RBI Policies and implications on Non Resident transfers, SEBI guidelines pertaining to concepts such as promoter holdings, buybacks, control etc.
Tasks also included researching on recent case law pertaining to certain judicial questions such as questions on limitation, estoppel, contractual remedies etc.
These were generally a bit tougher since the research questions would not classify as conventional research questions.
Thus, one had to be very ingenius and creative in the way one phrased their search parameters on databases like WestlawIndia and Manupatra. This was more challenging than issue based research, however, finding that one elusive case that satisfied the question was a thrilling experience (which generally resulted in a silent air fist).
What the lawyers looked for were not pages of research and case laws, rather they looked for precise statements of the existing laws and how well one could answer the question asked.
The focus always remained on the question that was asked and what was expected. So unless you’ve been specifically asked, don’t submit a 15-20 page document filled with citations and case law. What they look for is a clear picture of the law and rules in a concise and coherent note.
The work environment at S & R Associates was highly professional and relaxed. When one was given work, one was expected to do it with all seriousness and diligence. Each note was scrutinised extensively by the lawyer and invariably there were 2-3 drafts that needed to be prepared. I guess S&R works by the motto of perfection since that was what was expected from each task assigned to the interns.
We even had long interactions with senior lawyers in the firm regarding the firm’s practice area and a brief introduction to the same. For example, we had session on Mergers and Acquisitions where we were taught the basic aspects of what entailed an M&A deal, a session on Capital Markets where we were told about the basics of the equity and debt market, private investors, venture capital firms etc.
These discussions lasted about an hour and gave very valuable insight into the practical aspects of these areas and how one goes about a deal involving them. This was beneficial to the extent that it gave a clear picture of important aspects of corporate law that one has to necessarily deal with in a corporate law firm.
We also had a discussion about aspects of corporate litigation and commercial arbitration, two other areas where the firm practices. These lectures/discussions were something which I doubt a lot of other firms do and make for a very informative and fruitful internship.
The people at S & R Associates were extremely helpful, jovial and nice. And I mean associates, partners, support staff alike. The firm had an open door policy in that all the associates/partners who had cabins left their doors open for anyone to walk in and discuss anything (unless they had a meeting/conference call).
This was extremely helpful for interns since generally a lot of them are hesitant in approaching partners but the same was not the case here.
Personally, I got to interact and work for all the partners at the firm and each one had something helpful and instructive to offer every time I would go to them, either for getting work or submitting notes.
The younger associates were also very friendly and on every occassion of the firm (be it someone’s birthday, or a treat or just beautiful
weather) all the interns were invited and made to feel comfortable.
These generosities included a birthday party, a samosa party, a donut cake party and a nirulas hot chocolate fudge party.
There was an intercom near the interns desk from where one could order tea coffee or green tea from the pantry. For lunch, in case you didn’t get anything from home, there were a lot of places from where you could order. If there were any problems that one had, one need only ask Mr. Max, who would try to solve the issue as best as he could. All these aspects made interning a delight and a joy.
A positive aspect about the drafting of notes pertaining to the issues was that almost always, the interns were asked to give their own reasoning and analysis of issues, specially in the issue based research notes.
A lot of emphasis at S & R Associates was put on interns coming up with their own conceptions of the issues and they were encouraged by all the lawyers.
After drafting the Note, the lawyers took time and discussed the note with the interns at length, understanding their position and approach to the task.
This made for a very enjoyable and educative internship since you received positive criticism and useful feedback on your notes.
This meant that everyone took a keen interest in your work if they could see that you had put in effort. The work environment and the people were definitely a plus point.
On the down side, there were times when no one had any work to give you.
Further, some of the workstations were excruciatingly slow.
12,000/- per month
I have a home in Delhi. But there were a lot of PG’s in and around the Okhla area as well as nearby areas of Moolchand and Lajpat Nagar.
Finding a PG isnt very difficult and not very expensive as well.
Since the office was on the violet line, one could go to the Nehru Place metro station where there is a fantastic food court within the station premises (Its got Dunkin Donuts and KFC).
Participate in the Lawctopus’ Summer Internship Writing Competition, 2013 HERE.