tie ups

For an Indian firm, going under the wing of an international firm is not necessarily as appealing as some might suppose and could even be downright dangerous.

Phoenix Legal has denied that it has a best friends tie-up with UK international firm Lovells, after a press report linked the two today.

ALMT Legal has formed a best friends relationship with UK international firm Clyde & Co.

In a joint statement the firms said that they would share information, harmonise training and set in place an extensive secondment programme.

ALMT partner S R Arun (pictured) said: "We anticipate that we will have access to the markets where Clyde is and that not many of the large magic circle firms have got access to."