Terror became more than a familiar background noise last week for lawyers as a bomb killed and maimed outside Delhi’s High Court.
Excepting the usual political recriminations and the ongoing and uncertain hunt for the perpetrators, lawyers were not cowed – the very same day in fact, the High Court was reopened, unlike parliament that was shut for the rest of the day.
While Delhi is still the litigation capital of India, which has long been used to explain its larger number of senior counsel, the Bombay High Court is doing something about it with a record round of 15 new senior counsel.
Again, however, not a single woman among their ranks; in the inequality stakes both the Delhi and Mumbai bars remain neck and neck.
The Maharashtra bar council on the other hand is moving with the times and is providing heavily discounted laptops and software to advocates with more high-tech innovation on the way.
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Meanwhile the moves between in-house and private practice – and vice-versa – have been becoming more fluid in recent times. Former UBS general counsel Neeta Sanghavi, for example, has joined Kelley Drye & Warren best friend Wakhariya & Wakhariya as a partner.
And it is said that Goldman Sachs Mumbai has found itself a new India head of legal from J Sagar Associates (JSA).
All in all this churn can only be good for the legal ecosystem, which in any case appears stable enough these days to resist even bombs.
And also: The third Mooting Premier League table is starting to take shape up after a draw in the second competition and some innovative changes to the system. The old favourites still nowhere.
Deals of the week
- 7 deals in brief: VC specialist action, Amarchand-Udwadia M&A, $392m ICICI loan, and more…
- Amarchand, DM Harish ramp up Tommy Hilfiger India presence through JV buy with Wachtells, Pryor Cashman
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Attrition rates is definitely interesting but hard to get authoritative data...
From what we can tell attrition rates in almost all firms are quite high... Anyone can shed any light?
Best
Kian
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