Corporate

SILF prez Lalit Bhasin: Sudden entry of foreign firms would 'damage profession irretrievably'

The Business Standard today wrote a longer article with a number of law firm lawyers’ views about the entry of foreign law firms and prime minister [https://www.legallyindia.com/Law-firms/narendra-modi-speaks-for-foreign-lawyers-entry-fears-of-foreign-domination-unfounded Narendra Modi’s recent rema...

KhaitanCo mammoth associate promotion round: 30 new principal associates, 28 new seniors

Khaitan & Co promoted 30 senior associates to principal associate and 28 associates to senior associate across all offices last month, according to information shared by the firm on request.

JSA promotes 23 to senior associate level, Mumbai gets half

J Sagar Associates (JSA) promoted 23 associates to senior associate level across all offices and promoted one consultant to of counsel in addition to having made four new salaried partners effective 1 April.

Amarchand Mumbai, AZB B'lore help Infosys buy US company for $120m

Amarchand Mangaldas, Morgan Lewis & Bockius and its Singaporean merger partner Morgan Lewis Stamford advised India’s second largest software firm Infosys, on its $120m buy of US-based digital and mobile commerce solutions provider Kallidus. Kallidus was advised by AZB & Partners and Fenwic...

Harish Salve: Entry of foreign lawyers will make Indian lawyers better, only some domestic firms oppose

Harish Salve tweeted today at @hsalve on the issue of the foreign law firms, which prime minister Narendra Modi had recently come out in support of , saying: Entry of foreign law firms will result in young Indian lawyers being hired and trained to global standards. No foreign lawyer can or will prac...

Narendra Modi speaks for foreign lawyers' entry: Fears of foreign domination unfounded

“Why should we need to go outside the country for global arbitration? We shouldn’t think that if foreign lawyers come here, they will take away our jobs,” said prime minister Narendra Modi, for the first time publicly weighing in on the liberalisation debate, adding that fears that foreign lawyers would dominate the local profession were unfounded.

Trilegal counsel Nitish Nair joins Méridien, Sheraton mega-hotels chain as GC South Asia

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Trilegal counsel Nitish Nair will join multinational hospitality giant Starwood Hotels & Resorts, which owns such hotel brands as the Westin, Sheraton and Le Méridien, as its associate director legal, South Asia.

RSG law firm top 40 ranking sees Big Six continue ruling roost with S&R, ELP, D&D, TTA; Bharuchas, Dua most improved…

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RSG Consulting’s 2015 ranking of India’s top 40 law firms has seen no change in the six largest Indian firms since 2013, with Amarchand Mangaldas continuing to top the rankings, followed by Khaitan & Co and AZB & Partners tied in second place.

(Cyril) Amarchand scoops 3 out of 4 partners of old-Law-School-boutique MNK

Amarchand Mangaldas Mumbai-region managing partner Cyril Shroff is due to acquire MNK Law Offices in Delhi, except for partner Probal Bhaduri who is reliably understood by Legally India to be joining a large accounting firm.

JSA promotes 4 to salaried partner for lowest (non-equity) leverage amongst Big Six

J Sagar Associates (JSA) has promoted senior associates Mary Julie John in Bangalore corporate, commercial and real estate; Arpita Garg in Gurgaon’s banking, finance and corporate commercial; Vishal Anand in Delhi’s regulatory and corporate commercial; and Kannan Rahul in Mumbai’s banking and financ...

Calcutta property deal keeps LKS, Jalan, Khaitan busy, leaves Jones Lang optimistic

Lakshmikumaran & Sridharan advised Tata Value Homes on its joint venture to develop a 25.5 acre housing project in Kolkata with the Square group of companies which were advised by S Jalan & Co and Khaitan & Co. LKS Kolkata partner Niloy Pyne acted for the affordable housing arm of Tat...

ELP, Samvad do early-stage ad-tech investment

Economic Laws Practice (ELP) advised IvyCap Trust Fund – I on its infusion into advertising technology and analytics start-up Sokrati Technologies which was advised by Samvad Partners. ELP Mumbai partner Suhail Naithani, associate partner Vinayak Burman, senior associate Archana Khosla and associate...

Shardul signs lease for Zia’s old Express Towers office today (on Akshaya Tritiya)

Shardul Shroff today signed a lease for the former office of AZB & Partners in Mumbai.

Trilegal scoops senior (Shardul) Amarchand corp partner Ravindra Bandhakavi [UPDATE-2]

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Amarchand Mangaldas Gurgaon-based partner Ravindra Bandhakavi is in the final stages of discussions to join Trilegal.

End of Amarchand (as we know it) postponed to 1 May after mediation fails to hit auspicious target

The end of mediation between brothers and co-managing partners of Amarchand Mangaldas, Cyril and Shardul Shroff, has been postponed to 1 May, after mediations today failed to resolve remaining outstanding issues.

ELP Mumbai partner Jeet Sen Gupta resigns

Economic Laws Practice (ELP) banking and finance partner Jeet Sen Gupta has resigned the firm, as confirmed by managing partner Rohan Shah to Bar & Bench . Sen Gupta began his career at ELP after graduating from Symbiosis Law College in 2001, joined Amarchand Mumbai as a senior associate in 200...

Double-NLS cap markets catch: Gokul Rajan & Nikhil Naredi to help (Cyril) Amarchand Delhi push

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Naredi
Gokul Rajan, currently consultant at Citibank in Mumbai, and Nikhil Naredi, Singapore-based associate at Jones Day, are both set to be joining the new firm that will be started by Amarchand Mumbai managing partner Cyril Shroff, as partners to beef up the capital markets practice.

Shroffs hope to start Amarchands 4.0 by Akshaya Tritiya

The mediation between Amarchand Mangaldas co-managing partners Shardul Shroff and Cyril Shroff over the break-up of the firm may conclude as early as tomorrow, Monday, with both brothers keen to set up their new firms on Tuesday 21 April 2015 - Akshaya Tritiya - which is one of the Hindu calendar’s most auspicious days, according to sources close to the dispute.

Jyoti Sagar’s K&S promotes 4 to equity partner, gets new patents chair

J Sagar Associates’ (JSA) intellectual-property-sister firm K&S Partners has promoted four to equity partner level.

(Shardul) Amarchand plunders Khaitan associate partner ranks again for recent promotee Abhishek Sinha

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Shardul Shroff has hired a third associate partner from Khaitan & Co, with Abhishek Sinha who was promoted to salaried partner last month having resigned.