Shardul Amarchand inherits AMSS’ Lex Mundi global referral network, Cyril says bilateral relationships are better

Shardul Amarchand Mangaldas has continued its association with the international referral network Lex Mundi, according to a press release by the firm and the network.

Shardul Amarchand Mangaldas has continued erstwhile Amarchand Mangaldas’ association with the international referral network Lex Mundi of 160 member law firms, according to a press release by the firm and the network.

Shardul Amarchand executive chairman Shardul Shroff commented in the release: “Shardul Amarchand Mangaldas is delighted to be appointed as the exclusive member firm of Lex Mundi for India. We truly cherish the relationships we have built as part of our legacy firm Amarchand Mangaldas with Lex Mundi law firms.”

Amarchand Mangaldas was split in two after brothers Shardul and Cyril Shroff separated following an inheritance dispute in the Bombay high court.

He added: “As Shardul Amarchand Mangaldas looks forward to engage with clients to bring innovative thinking and business solutions to legal issues, our Lex Mundi membership will provide our clients access to the best legal minds in cities around the globe. We look forward to contributing to Lex Mundi and build strong work relationships with the Lex Mundi and its member firms in the years ahead.”

Lex Mundi has member firms in more than 50 50 US states and one district, according to its website, but no member firm in the UK.

In Germany its member is Noerr, in France Gide Loyrette Nouel, in Italy Chiomenti Studio Legal, and in Japan Nishimura & Asahi.

According to the release, the network’s board of directors “recently held a meeting to appoint its new member firm for India and voted unanimously to admit SAM & Co. as the exclusive member firm for India”.

Cyril Amarchand Mangaldas managing partner Cyril Shroff commented by email when contacted that the decision for SAM to continue the relationship was reached before the separation on 11 May 2015.

Cyril Shroff said:

Cyril Amarchand Mangaldas has a very strong network of contacts and friendships with the best independent firms in every market. These relationships have been directly nurtured over time.

From our own experience and other top independent firms the informal networks are significantly more powerful than formal networks. We see no impact on our practice by not being part of a formal network.

A number of our friends are part of that network and work very closely with us on very significant transactions pursuant to direct bilateral relationships.

We wish the Lex Mundi network all success.

Lex Mundi president Carl Anduri, President of Lex Mundi, said in the statement: “The firm has a renewed energy built on years of experience and its lawyers are recognized leaders in their fields of practice. With Shardul Amarchand Mangaldas & Co., we expand the knowledge and experience available through Lex Mundi’s World Ready network.”

The Shardul Amarchand press release noted:

Lex Mundi is the world’s leading association of independent law firms. The association has more than 160 member firms around the world, representing approximately 21, 000 lawyers.

Membership in Lex Mundi provides member firms with a trusted network of law firms that share similar values and a similar focus on quality through which they can access global legal resources that enable them to serve their clients better and to continuously improve all aspects of their firms.

Member law firms are located throughout North America, Europe, Latin America and the Caribbean, Asia and the Pacific, the Middle East and Africa. Through Lex Mundi’s non-profit affiliate, the Lex Mundi Pro Bono Foundation, Lex Mundi member firms provide pro bono legal assistance to social entrepreneurs around the globe.

Comments

Of counsel 23 Jul 2015, 16:16
+6 -3
Thats a big blow to CAM! Lex Mundi is the best of the law firm networks and as a partner in one of the top law firms, I personally think that being a member of a prestigious network like this can easily get you 3/4 big deals in a quarter if not more.
Lux Undi 23 Jul 2015, 20:16
+6 -5
Wow bhaiya of counsel ! As a partner in one of the top law firms. Kya baat hai :-) I guess you mean SAM only right? Since only member from India agar tum hi ho, to yeh bhi aab batao, so you in SAM's Delhi or Mumbai office now?

Hum ko interest hai SAM ko mandates they got from Lex Mundi, how many tell tell? Ab bolo bhaiyaji ya only smile please !
Abyss 24 Jul 2015, 07:30
+0 -1
All of this is good. Let's see how they do the deals that come their way.
Activ 23 Jul 2015, 16:39
+3 -2
Munda, Mundi ..whatever!! Who cares.
Big hit 23 Jul 2015, 18:53
+21 -2
For CAM which prides itself on the close relationships with law firms ad promoters of company this is a big hit.
Funny that Cyril issued such a detailed statement as people in his office said that he submitted a detailed application to seek membership of Lex mundi!
Sab ka pitaji 24 Jul 2015, 02:40
+2 -2
All this Moonda Boondi generates no real work. In the fratricidal war, every trophy matters, however useless, to keep internal morale high.
GramGuy 24 Jul 2015, 05:24
+6 -2
"Lex Mundi has member firms in more than 50 US states" - how many more than 50?
kianganz 24 Jul 2015, 05:41
+2 -0
Oops, my US geography is lacking, I thought the US had 52 states for some reason...

My sloppy count last night saw 51 entries for the US, which I guess would include the district of Columbia. But it could also be 50 or 49, I didn't do a double count alas so I decided to stick with more than 50, which seems wrong on most counts :)
Curious 24 Jul 2015, 06:21
+15 -1
So it's ok for SILF members to take memberships of professional networks, internationally, and share clients and referrals. It's not ok for others is it? Wow. Such hypocrisy.
Gulabjamun 24 Jul 2015, 06:27
+8 -0
3-4 matters a quarter? They also have a 50 lakh/year subscription amount. set that off from the fees you get from those matters :-)
Pauwa 24 Jul 2015, 10:23
+9 -1
Mmmmmmmmmm.....so they also share profits with foreign lawyers and people outside country! SILF...are you listening?
Fox CAM 24 Jul 2015, 10:07
+1 -0
Sour grapes...
khartoum 26 Jul 2015, 05:55
+0 -0
Munda's mundi..
Satish Murthi 2 Aug 2015, 01:48
+0 -0
I am not at all convinced about the transactional legal work being done by these law firms whose names are touted here around big deals or numbers. I can never imagine hype surrounding some of the genuine Mumbai based corporate lawyers of the yesteryears. I worked at the US Consulate in Breach Candy in the 1980's and practically knew every corporate lawyer in Mumbai. There was the legendary and yet most humble Sri. R. A Shah (Company law), Sri. Soli Dastoor(Corporate tax), Sherin Bharucha (Senior Executive and Director at Tata Sons who was awesome with Company law) , CM Maniar, Pariwalla (real estate). From the industry there were experts such as Ramesh Parekh of UB Group, K. s. C Bose (Greaves Cotton), Harish Mundhra ( HLL)... I can reel out a 100 experts whom I interacted with. I remember going over to Crawford Bailey & Co. The waiting area was a who's who of corporate biggies including Chairman and Senior Directors. They had come to meet either R. A shah or Maniar. There were firms like Mulla & Mulla ... , Gagrat & Co. In taxes there were accounting firms such as Sharp and Tannan, AF Fergussons with formidable expertise in corporate laws. They analysed legislation with a finesse and with a holistic multi disciplinary approach. Present day law firms cannot boast
Satish Murthi 2 Aug 2015, 02:13
+0 -0
Great show!