The former director of economics at Baker McKenzie, Sanjiv Malhotra, has left to join DMD Advocates as a senior director and chief economist in its New Delhi office.
“Having spent four years in Singapore, I thought it was a good time to move back to India,” Malhotra told India Business Law Journal. “I have known [senior partners] Anuradha Dutt and Rashi Dhir for some time. Also, having worked with them and [tax partners] Tushar Jarwal and Sachit Jolly in the past on common clients gave me immense comfort about the values of the firm.”
Malhotra was a member of Baker McKenzie’s global transfer pricing steering committee, and the steering committee for the firm’s global India practice. “Globally and in India, economists play a big role in transfer pricing matters,” he said. “Baker McKenzie has a large pool of economists and valuation experts. I see Indian firms also investing in such skill sets.” He added that the legal profession is far more multidimensional today and requires specialists from all fields.
Sanjiv has advised several Fortune 500 MNCs on a range of tax structuring, transfer pricing and cross-border dispute resolution matters. DMD’s tax practice has about 25 professionals.