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As billions of dollars of Keralite treasure may ultimately end up exactly where they have always been, India’s lawyers generally do not.
Managing a law firm tends to become harder rather than easier with size. Acknowledging this, in what is still a largely symbolic step albeit with potential future significance, AZB Mumbai has created a new top-level management function outside of the name partners.
The law playing catch-up with fast-moving technology and failing is almost a cliché.
In many countries it is similarly common for law makers to try and finish the arms race with laws that leapfrog technology as well as common sense and constitutions.
This week's activity in the law firm market showcased exactly why India's oldest National Law School is still number one.
Everyone loves cake, particularly lawyers who really like cakes that just keep growing. Unfortunately cakes do not do so without hard work so this week many have been busy baking.
CLAT madness descended on Legally India kicking off perhaps the largest and most sustained virtual law student brawl in the history of India. But first, cast an eye over the excitement that lawyers get up to when they grow up.
The Competition Commission of India (CCI) made its first very cautious splashes out of the shallows.
Making friends is important and the Competition Commission of India (CCI) seems keen to.
This week we looked at some of those lawyers who took the road that is often rocky but also sometimes incredibly scenic.
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.
Say what you will but the start of NLSIU Bangalore’s recruitment season is still a watershed moment. It indicates future growth sentiments of firms, levels of domestic and foreign competition and the recruitment committee’s skill at dealing with delicate law firms where being first to hire is for many a mark of pride.
Partners were concluding the counting of money this week only interrupted on Wednesday by the India-Pakistan game (wisely a half-day at many firms). But with the new year, slates clear, bonuses paid and promotions gained (and missed), the recent lull in lateral movements and legal entrepreneurship is likely to pick up again.
Lawyers have bedded down a fair few deals and strategic advances ahead of the Holi weekend and financial year-end.
International Women’s Day is a nice occasion for the media to give itself a collective pat on the back and write how great things are but there is no other way to put this one: things are rotten at the Bar.
Either the Indian Government is short of cash, is in full GST mode or it just does not like lawyers very much.
At India’s law schools legal aid and pro bono culture is flourishing but somewhere along the line lawyers seem to lose the opportunity to do good.
Satyam settled a New York class action law suit against its shareholders for $125m. But was it good news for India?
Those who were predicting that the AZB-Clifford Chance break-up would be the beginning of the end for best friends everywhere had reason to think again this week.
Having survived recent media speculation that he was on his way out, law minister Veerappa Moily showed off that he is very much aware of the issues around him, as revealed in a candid interview with business daily Mint this week. He also remains ever the seasoned politician.
The Chennai writ petition against 31 foreign firms is certainly not achieving very much in pure legal terms after it was adjourned again this week of Indian independence celebrations. Manu Singhvi argued the case was politically premature, the petitioners held their positions and the BCI called for more time to get another meeting in, which is set to be held tomorrow. But the real effect is outside the court room.