Online Internship Experience at Regstreet Law Advisors: Legal Drafting and Research Work, Attend Client Meetings

Name, College, year of study of the student intern

Rashmi Birmole, ILS Pune, 3rd year

Name of the organization where you interned and its full address

Regstreet Law Advisors

Address- 507, Embassy Centre, Nariman Point, Mumbai – 400 021.

Duration of internship

2.5 months, 15th June 2020 to 31 st August 2020 [Virtual]

How did you apply?

I applied by sending a mail at info[at]regsla.com with my CV, three months (3) prior to the internship period. I was asked to fill an Internship Questionnaire and received a confirmation within a few days of sending it. Alternatively, applications can also be sent to internship[at]regsla.com.

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First day formalities, infrastructure, first impression

What was initially supposed to be an in-office internship was converted to a remote/virtual internship in light of the restrictions surrounding COVID-19 and the lockdown.

The first day involved a short orientation over a Zoom call where I was explained how I was supposed to go about the work, navigate the websites of various regulators and was given access to an intern specific e-mail ID through which work would be allotted and submitted. The Founder, Mr. Sumit Agrawal, also conducted a group video call with all the interns to discuss recent regulatory developments, work allotted and feedback over areas that needed improvement.

Main tasks

Before starting this internship, I have to admit the apprehension I felt over the quality of work that was likely to be allotted considering the various concerns surrounding a virtual internship. To my pleasant surprise, interns were regularly assigned work which was relied on by the associates of the firm. Over the course of my internship, I primarily worked on preparing research notes, case law research, assisting in preparing replies to Show Cause Notices and client opinions, and summarizing
regulatory developments.

On several instances, I also had the opportunity of being a part of consultations with clients and conferences with senior counsels held via video conferencing. Through all the work assigned to me, I feel that I could develop a deeper and more practical understanding of financial regulation and securities laws.

Good things

One of the best things about this internship was the level of interaction between Sumit Sir and the associates with the interns. Interns were frequently encouraged to keep themselves updated about important regulatory developments and discuss them during weekly video calls.

On submission of work, one could always expect feedback and suggestions. Personally, this internship helped me understand how to structure and present research, communicate, work on deadlines and still find a way to relax (something Sumit sir constantly insisted on). Despite being a virtual internship, the exposure I received here was brilliant. Keeping work aside the entire team at Regstreet, specially Sumit Sir, Sreenidhi G S and Darsha Shetty, were extremely friendly, accommodating and always took an effort to patiently teach us what we often didn’t know.

Bad things

Naturally, I felt like I missed out on the opportunity to get to attend and observe hearings and proceedings on account of the internship being remote. However, the virtual internship and the quality of work more than compensated for the same.

Stipend

Rs. 9500 for the entire duration of the internship, i.e., 2.5 months.

Suggestions

This has been one of my best internship experiences so far. My advice to anyone considering interning at Regstreet Law is to put in the extra hours and be sincere with the tasks assigned. Sumit Sir is one of the best mentors any law student aspiring for a career in financial or regulatory law can have, as long as you demonstrate your commitment to completing the work assigned to your best possible ability.

Disclaimer: Internship experiences are opinions shared by individual law students and tend to be personal and subjective in nature. The internship experiences shared on Lawctopus are NOT Lawctopus official views on the internship.

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