LLP conversion

Khaitan & Co and Trilegal have taken the first formal steps towards becoming limited liability partnerships (LLP) by registering their LLP names.

Read a sumary of the last week's news, featuring comment on the taxed lawyers, LLP conversions, deals and more. To receive the next newsletter straight to your inbox for free, sign up below:

{loadposition launchnotifier}

The 2009-10 Union Budget received a frosty reaction from the business community this week: investors reacted by selling and lawyers reacted by doing what they do best: threatening to file law suits and, err, going on strike.

Get future weekly newsletters straight to your inbox for free by entering your name and email below.

{loadposition launchnotifier}

AZB's best friend Clifford Chance officially ceased being the world's largest law firm this week, falling several places behind Freshfields, Skaddens and Baker & McKenzie. And Linklaters is still to announce its results today.

For better or worse, law firm turnover competitions do not take place in public in India despite Clifford Chance blaming AZB a tiny bit for its turnover drop. Things could be changing though.