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Capital gains / Issue 93

Legally India newsletter
Legally India newsletter

There is little doubt that one firm still rules the capital markets roost. However, others are starting to worry its lead in the practice area, as evidenced by Legally India’s exclusive analysis this week.

In IPOs Amarchand has roughly double the deal count of rivals, but Luthra has grown its footprint over the last year and AZB’s rainmakers have noticeably thrown its considerable weight behind capital markets. Meanwhile, among international firms DLA has made an aggressive debut in the rankings coming in at number 1 out of nowhere.

QIPs tell a similar story: Amarchand followed by Luthra, while outside of India Jones Day held on to the prime slot, followed by Dorseys and DLA, again.

Tune in for more capital markets insights on Legally India next week…

Meanwhile, Talwar Thakore is first out of the blocks with salary raises across the board, also now breaking that magical, psychological barrier of Rs 10 lakh per annum for freshers.

Hemant Sahai Associates (or HSA Advocates as it is now called) has been recovering strongly and welcomes two new partners: one lawyer joins from Herbert Smith and a senior litigator from the Supreme Court.

Also, a small victory in lawyers’ battles against the service tax with the Finance Ministry choosing to surrender on the second-most onerous service tax provision (after the fact of having to pay service tax at all).

In the second season of the Mooting Premier League sponsored by Allen & Overy new entrant Jindal Global Law School (JGLS) made waves by beating MPL champions Nalsar fair and square at the NLS Arbitration Moot, as NUJS picked up points abroad and NLS at home.

Today, Nalsar has duked it out in the finals of the ICC Trial Moot in The Hague over live video webcast – final confirmed results anticipated shortly.

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