Ravichandra Hegde and Paras Parekh, co-founders of Parinam Law Associates, have resigned from the firm along with their teams with effect from March 31, to start their own firm called RHP Partners.

Parinam had started in December 2019 as a partnership between two teams headed by Hitesh Jain from ALMT Legal and Ravichandra Hegde and Paras Parekh from J Sagar Associates.

Jain will continue as the Managing Partner of Parinam with five other Equity Partners - Subhash Jadhav, Pooja Tidke, Anuja Kedia, Mallika Noorani and Pankaj jain

Speaking about the development, Jain said,

“We are glad to have associated with Ravi and Paras. We propose to continue our synergies in practice areas like securities litigation and white-collar crime in our respective set-ups”.

On his time with the firm and new beginnings, Hegde said,

“We will miss having Hitesh and team around. We could not have had a more cordial team to have partnered with. We look forward to an exciting phase in our career.”

Parinam will continue to operate out of its offices in Mumbai at Express Towers and Nariman Point, as well as those in Pune and Delhi.

RHP Partners is re-locating to Commerce House in Ballard Estate.