Facebook Twitter Google Email
Friday, 5 June 2009

There cannot be a better time to be reporting legal news from India.

Legally India kicked off two weeks ago with the revival of what could be India's largest cross-border M&A deal ever. AZB and Freshfields pocketed the lead roles and it is understood that one certain firm has all but sewn up the Indian mandate for MTN, although no official appointment has yet been made.

A few days later many foreign lawyers' hopes of an expressway to India were dashed, after former liberalisation cheerleader HR Bhardwaj was unceremoniously dumped from the new cabinet. He was replaced by Veerappa Moily, who has since outlined vital judicial reform plans but has remained unsurprisingly silent about the firangi.

Although term is now finished, campus has also seen its fair share of news: the National Law School in Bangalore has appointed a prominent advisory board of top industry players, which could one day take the law school global. And Amarchand is back to its old ways and increased its intake of 2010 Bangalore graduates to 11.

In Kolkata, things are less joyous. Amarchand's only partner there has quit but the firm is flying out reinforcements from Delhi. Having hired two lateral partners only three weeks previously, however, this should not dent the ranks of its partnership too badly.

The most interesting news in Anglo-Indian relations hit last evening, when the UK's Clyde & Co and ALMT Legal finally announced that they are best friends after weeks of speculation. Although a fair few Indian lawyers were left scratching their heads asking "Clyde & Who?", the deal could be transformational for ALMT.

While it is no Clifford Chance or Allen & Overy, Clyde & Co came twentieth in The Lawyer 200 UK rankings by turnover last year and has a considerably more interesting - and potentially valuable - office spread than most. Trip to Venezuela, Rio or San Francisco anyone? But bear in mind that Clyde's exclusive best friends relationship with an Iraqi firm might make for less glamorous travel opportunities.

All the while, associate and partner hiring sprees have been reported from firms across the board, with one private equity legal boutique even expanding to Singapore.

And if the Sensex keeps rising and Indian expats continue returning home, that is unlikely to be the end of it.

Finally, thank you to everyone who has signed up and given us feedback and comments. Please continue to get in touch by replying to this email and do forward this newsletter to any friends or colleagues who may be interested.

Apologies to those we have added to the list but who have not subscribed directly; you can opt-out any time via the link at the bottom of this email.

In any case, I hope that Legally India will be valuable and interesting to you in these exciting days.

Best regards,
Kian Ganz
Publishing Editor
Legally India

To sign up to the Legally India newsletter enter your details below:

Context, analysis & more straight to your email inbox every Friday.
It is a "must-read" for every lawyer in or near India.

Click to show 2 comments
at your own risk
(alt+shift+c)

NB: By reading the comments you agree that they are the personal views and opinions of readers, for which Legally India has no liability whatsoever. Because anonymous comments may be biased or unreliable, you agree that you will not allow any comment(s) to affect your estimation of any person(s) or organisation(s). If you believe a comment is inappropriate, please click 'Report to administrator' below the comment with your objection and we will review it as soon as practicable.

reader comments:comments rss feedrefresh

Filter out low-rated comments. Show all comments. Show latest comments only (beta)

1
 
Show?
Recommend! +0 Objection! -0 Anonymous 2009-06-10 16:11
Thanks Kian,

Your site is fantastic and provides good competition to the Lawyer and the Legal week. It is very contextual and very uptodate. Congratulations on bringing out such a good site and All the best.
Reply | Quote | Report to LI | #  link
2
 
Show?
Recommend! +0 Objection! -0 Kian Ganz, editor 2009-06-10 16:14
Thank you for your kind words.

We will strive to continue improving our offering and adding a lot more useful content in the near future.

Best regards,
Kian
Reply | Quote | Report to LI | #  link

Filter out low-rated comments. Show all comments.

Add comment (Alt+Shift+A)

We and fellow readers love when you share your thoughts in a comment but please:
  • be nice to other readers and humans who likely have feelings,
  • use full English sentences and words, and
  • abide by Legally India's full terms and conditions in using the site.