Exclusive: Link Legal has absorbed top-ranked mid-market capital markets boutique Zenith India Lawyers, with erstwhile Zenith managing partner Raj Rani Bhalla relocating from Gurgaon to the young Mumbai office to increase growth.
Gurgaon-based boutique Zenith specialises in advising mid-size companies on entering the capital markets and had filed four initial public offerings (IPOs) in the first half of the 2010-11 financial year, according to Legally India’s IPO league table.
Bhalla has joined Link Legal as a partner and will relocate to Mumbai for a mix of personal and professional reasons. Zenith’s three full-time lawyers have also joined Link Legal in Delhi.
She said: “I thought because we were a small size firm, of course we did get some recognition having done many IPOs, but I thought we could go faster if we merge with a bigger law firm.”
“With [Link Legal managing partner Atul Sharma’s] patronage and the brand he’s built we can cater to the requirement of big-size clients,” she added. “Now we’ll be going into a bigger league.”
Sharma said that discussions for Zenith to come on board under the Link Legal banner had been ongoing for around month after the two firms were introduced and minds met.
“We’ve not been able to make a big dent in capital market transactions,” explained Sharma. “We have presence in Mumbai for almost a year now and that is the area where we need to strengthen our team.”
Link Legal now consists of 42 lawyers and nine partners, said Sharma. Five lawyers are based in the Mumbai office, which it started in June 2010.
Zenith was set up in 2006 by former Securities and Exchange Board of India (SEBI) deputy legal adviser Rani and California attorney Mukesh Advani.
threads most popular
thread most upvoted
comment newest
first oldest
first
threads most popular
thread most upvoted
comment newest
first oldest
first