SAM Tier 1? Is that a Joke? They are no where close.

High hopes riding on their Mumbai hires.. but still no news!

it is childish to claim one firm as being better than the other. If you look at corporate law, the market plays a big role, i.e. Bombay market has an edge over the Delhi market. CAM has been here (Mumbai) longer and is a formidable player. In fact, it is one of the better (may be best) firms in areas such as capital markets and projects. But certainly not for corporate. Most of the cream corporate for CAM is services out of Bangalore (primarily on account of the lack of good corporate partners in Mumbai). There are more quality focussed firms doing much better work in Mumbai. Clients see the difference and are willing to pay more for a better skilled team.

SAM is the new kid on the block, it will take time to catch up with CAM, but Mumbai as a market, is a lot more accepting and if SAM delivers good quality, it is bound to crack the market. SAM has a smart bunch of people and the family connections in the financial space will only help. Lets not be naive and say one is better. Let their actions speak louder than their PR team's propaganda.

Was too obvious! we have seen better from you :P