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Editor's picks

45

Top Mumbai solicitors Federal & Rashmikant (lawyers of Cyril Shroff) face break-up [UPDATE: Firm reorganising partnership]

52

Ex-Cyril Amarchand Delhi corporate partner Nivedita Tiwari to join Shardul Amarchand

100

Cyril Amarchand Delhi head Percy Billimoria to become independent counsel

13

Clydes makes new best friend in India, as ex Clasis partner Sumeet Lall starts CSL Chambers

41

Legally India will launch the first fully-transparent law firm directory and rankings in October 2018

30

Khaitan ‘releases’ Comp star Avaantika Kakkar to CAM after only 1 month • SAM’s Akila Agrawal possibly bound for CAM, not so lucky...

Law firms  09 June 2009

Trilegal makes first woman partner, hikes salaries and bonuses

Trilegal has promoted four partners, raised its associate base salaries by 20 to 30 per cent and paid out unprecedented bonuses this year.

News  09 June 2009

AZB Delhi relocates to new Noida office

AZB & Partners yesterday (9 June) moved to a new office in Noida from New Delhi, in a bid to provide additional space for existing and future staff.

The firm had been looking for a new office for two years and last year it found its new property in Noida's commercial district, which is around 15km away from its former office in the heart of New Delhi.

News  08 June 2009

Is new Law Minister pro-liberalisation?

The new Minister of Law and Justice Veerappa Moily made his first statements about legal sector liberalisation last Friday (5 June), suggesting that he could continue the pro-liberalisation course followed by his predecessor HR Bhardwaj.

Law firms  06 June 2009

Clifford Chance sends senior partner to live with AZB in India

Clifford Chance is seconding the head partner of its India practice group to its best friend AZB & Partners.

Clifford Chance project finance partner Chris Wyman (pictured) will relocate to AZB's Mumbai office this month and will spend at least several months there to improve the integration between the firms.

Wyman said that he would stay "as long as it takes" and added: "It is all about maximising the opportunities – if you just say nice words and do nothing else, you will soon cease to be useful."

Law schools  05 June 2009

Amarchand ramps up Bangalore law school intake

Amarchand & Mangaldas & Suresh A Shroff & Co has significantly increased its recruitment of penultimate year students from one of India's top law schools.

The firm's Mumbai office has enlisted 11 fourth-year law students from National Law School of India University Bangalore (NLSIU).

Law firms  04 June 2009

ALMT makes best friends with Clyde & Co

ALMT Legal has formed a best friends relationship with UK international firm Clyde & Co.

In a joint statement the firms said that they would share information, harmonise training and set in place an extensive secondment programme.

ALMT partner S R Arun (pictured) said: "We anticipate that we will have access to the markets where Clyde is and that not many of the large magic circle firms have got access to."

In-house counsel and GCs

Law firms  04 June 2009

Amarchand loses its only Kolkata partner

Amarchand's Kolkata head has quit the firm to pursue interests outside the law.

Krishnava Dutt was the only partner based in Amarchand & Mangaldas & Suresh A Shroff & Co's Kolkata office of more than 20 lawyers.

The firm will relocate Delhi corporate partner Kalpataru Tripathy to fill his space and lead the office.

Amarchand co-managing partner Cyril Shroff (pictured) told Legally India that the terms of Dutt's departure were amicable.

Job moves  04 June 2009

Khaitan promotes former accountant to partner

Khaitan & Co has made up a former PricewaterhouseCoopers (PwC) chartered accountant-cum-lawyer to partner.

Sanjay Sanghvi (pictured) only qualified as a lawyer after joining Khaitan in January 2008 from PwC. He is the third new member to the law firm's partnership in as many months.

He said that working in a law firm was very satisfying: "In accountancy firms you typically do compliance work and you don't go deeper into the law and interpretation.

Job moves  03 June 2009

Phoenix hires two in Delhi and sets sights on Mumbai

Trilegal spin-off Phoenix Legal has added two associates in Delhi, vowing to significantly expand its practice there and in Mumbai with lateral hires.

The firm is hoping to hire a lateral partner for its Mumbai office and to double it in size to 10 lawyers by the end of the year.

Phoenix founding partner Abhishek Saxena said: "We are looking around for a couple of candidates. Although we'd be keen to get a partner, if it does not materialise we may want to get a very senior associate."

Job moves  02 June 2009

FoxMandal hires partner to expand in IP space

FoxMandal Little has hired a partner to head its New Delhi intellectual property (IP) practice of three lawyers.

Vinay Dwarkadas joined from Khaitan & Co's Mumbai office where he was a senior associate.

Dwarkadas (pictured) said that he hoped to greatly expand the existing IP practice at FoxMandal: "I have to be its backbone and want to take it forward for years to come. I plan to be here for a long time."

Law firms  02 June 2009

Lexygen sets up Asia private equity hub in Singapore

Private equity boutique firm Lexygen has opened a new office in Singapore, on its third anniversary of founding.

Two lawyers from Lexygen's Bangalore headquarters have temporarily relocated to Singapore and are hoping to recruit a local lawyer to head the office within the next six months.

Lexygen founding partner Vijay Sambamurthi said: "We aim for our Singapore office and the team that will be built, to act as the Asia hub for our firm."

Corporate M&A  02 June 2009

Vaish strengthens ties to Religare in Swiss Re JV

Vaish Associates Mumbai office is hammering out a health insurance JV between its close client Religare Enterprises and global insurance company Swiss Re.

The Vaish team is being led by partner Bomi Daruwala, assisted by associates Amitjivan Joshi and Arti Narsana.

Swiss Re is understood to be represented by its global in-house team but is due to pick its domestic Indian legal representation soon.

Projects  01 June 2009

Luthra assists banks, Reliance goes it alone to raise $3.1bn

Luthra & Luthra advised a consortium of banks on their Rs 14,550 crore ($3.1bn) project financing of the Sasan Ultra Mega Power Project for Reliance Power.

Reliance handled the transaction entirely with its in-house legal team of seven, led by its head of legal Umesh Mooteri.

Luthra & Luthra Delhi project finance head Sameen Vyas and Mumbai banking head Vijaya Rao (pictured) co-led the team for State Bank of India and a consortium of 11 other lenders.

News  29 May 2009

Moily as law minister is impossible to judge

Top Indian lawyers are stumped by Veerappa Moily's appointment as Minister of Law and Justice, which was announced late last night defying all observers' expectations.

Moily (pictured) is a seasoned Congress politician and practicing lawyer in Bangalore but unlike the candidates expected to be shoo-ins for the job, he is an unknown quantity.

One top Mumbai lawyer said: "I have no idea what this will do to things."

"It is a real surprise," added another Delhi partner. "Now it's very hard to tell what will happen. I know reforms will be on the agenda but I don't know how quickly. I think there will have to be renewed lobbying."

News  28 May 2009

Law minister ditched from Cabinet - death knell for reforms or needed boost?

Incumbent Law Minister H R Bhardwaj has been dropped from Prime Minister Manmohan Singh's new Cabinet in a surprise round of appointments today that could derail the process of India's judicial and legal reform.

With continuity being a prized quality in Indian political progress, it is still unclear who will get the law and justice portfolio and whether the existing course of reform will be held.

One Delhi lawyer, who preferred not to be named, said: "If he had come in, we would probably be looking at a December opening. But now that he is not and some non-descript person is slated to come in, I think it is open for speculation."

Job moves  27 May 2009

Luthra gets new cap markets group head from Shearman

Luthra & Luthra is ramping up its Mumbai capital markets practice after hiring alumnus and new group head Manan Lahoty from US firm Shearman & Sterling in London.

Lahoty (pictured) will lead the Mumbai capital markets team of five associates, reporting to capital markets partner Madhurima Mukherjee in Delhi and her team of 10 lawyers.

Until now, Mukherjee had managed the Luthra & Luthra Mumbai team from Delhi but she admitted that this was difficult to do from a distance. "When Manan wanted to come back the logical choice was to send him to Bombay," she said.

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