Corporate

Dua-breakaway Tatva sets off Mumbai expansion with 10th partner from former firm

Mumbai-sealink-construction-by_swami_stream
Mumbai-sealink-construction-by_swami_stream
Dua Associates Mumbai partner Mahernosh Humranwala and his team are on notice to join Tatva Legal next month and will head up the half-year-old firm’s Mumbai growth efforts, which was formed by 50 former Dua lawyers.

Khaitan creates two PE funds in VC structure

Khaitan & Co has advised on the setting up of two domestic venture capital (VC) funds iPro Capital Private Equity Trust and Subhkam Growth Fund, with each planning to raise approximately Rs 100 crores in various sectors under their maiden schemes.

No first timers pass latest Bombay solicitors exam; Could you? Download the test paper

pencil-by_arquera
pencil-by_arquera
Eleven out of 171 candidates - or 6 per cent - passed April’s examination of the Bombay Incorporate Law Society to become Bombay solicitors, as none of the 30-odd first-time test takers managed to clear the exam.

Read on to download and try your hand at the most recent test paper.

Ryder's Scriboard enters atypical 'best friend' alliance with LPO Overlegen

knots
knots
Kochhar & Co’s former technology and media law partner Rodney Ryder who started up IP and IT boutique practice Scriboard in April has entered into a strategic alliance with legal process outsourcing (LPO) company Overlegen.

Stand up now: Which LPO will not be working with Microsoft?

microsoft-windows
microsoft-windows
Wipro Technologies is the third legal process outsourcing (LPO) company in almost as many months to announce that it is providing LPO services to software giant Microsoft. But like the others it has been providing LPO services to Microsoft for years. The real story here is how good the Redmont company has been getting at outsourcing legal work.

Naik Paranjpe gets CCI's 11th hour interim order to screen Reliance Big's Raavan

raavan-still
raavan-still
Naik Paranjpe & Co has successfully restrained the Karnataka Film Chamber of Commerce (KFCC) from preventing the release of the film Raavan in Karnataka after it won a rare favourable interim order from the Competition Commission of India (CCI) for clients Reliance Big Entertainment yesterday evening.

Link Legal starts Mumbai office, bolsters Hyderabad with rare in-house to partner move

map-india-old_by-normanbleventhalmapcenter
map-india-old_by-normanbleventhalmapcenter
Link Legal has put pan-Indian growth further on top of its agenda, having opened up a new Mumbai office by relocating a young Delhi partner and hiring former GVK in-house counsel V Akshay Babu as its second partner in its Hyderabad office.

M&A round-up April-May: Foreign firms reap outbound harvest

pieMnA
pieMnA
AZB & Partners was the busiest Indian M&A firm in the months of April and May advising on a total of seven takeovers, followed by Trilegal and Amarchand Mangaldas but foreign firms picked up by far the greatest slice of Indian M&A mega-value deals benefiting from increasing Indian outbound activity.

Four firms take off complex $159m SpiceJet sale to media baron Maran

spicejet-by-vm2827
spicejet-by-vm2827
Amarchand Mangaldas Bangalore advised Kalanithi Maran on his Rs 740 crore purchase of Link Legal-advised low-cost carrier SpiceJet from two sellers, which were represented by AZB Mumbai and Naveen Goel Law Offices in Delhi.

Revealed: 17 law firm starting salaries as AZB, Trilegal, Wadia Ghandy hike fresher pay

rupees
rupees
AZB & Partners, Trilegal, Wadia Ghandy and legal process outsourcing (LPO) company Pangea3 have hiked their basic starting salary packages to as high as Rs 11.4 lakh per year, which makes AZB as the top-paying legal recruiter in Legally India’s new law firm salary table.

Gov't to create IAS/IFS-style Indian Legal Service (ILS) to attract 60 top law grads

delhi-govt
delhi-govt
The law ministry is planning to start up an Indian Legal Service (ILS) styled along the lines of the Indian Administrative Service (IAS) in a bid to entice top law graduates away from high-paying corporate law firms.

FoxMandal Delhi break-away SRGR parts with co-founder over strategy

SRGR-partners-_th
SRGR-partners-_th
SRGR Law Offices, which was formed in November 2009 by four former FoxMandal Delhi partners, is now operating in a new office after separating from co-founding litigation partner Gaurav Bhatia after strategic differences on the future direction of the firm.

JSA rebuilds competition practice with ex-CCI director general and direct tax expert Amitabh Kumar

Monopoly2_car-by_Mark_Strozier
Monopoly2_car-by_Mark_Strozier
J Sagar Associates (JSA) has engaged former Income Tax Commissioner and the first Director General Competition Commission of India (CCI) Amitabh Kumar as a senior advisor to augment its competition and direct tax law practices in Delhi office.

Kochhar pushes on into litigation with Seth Dua partner Neeraj Chaudhry

Kochhar-Neeraj_Chaudhry
Kochhar-Neeraj_Chaudhry
Seth Dua & Associates litigation partner Neeraj Chaudhry has joined Kochhar & Co as a partner in the litigation department, which now consists of 15 lawyers inclusive of four partners in Delhi.

Vaish creates its first 9 salaried partners, overhauls old system of 3 sole partners

ladder_by_Mzelle_biscotte
ladder_by_Mzelle_biscotte
Vaish Associates (VA) has promoted nine associates to salaried partnership levels in its Delhi, Mumbai and Gurgaon offices as part of a comprehensive restructuring programme that includes introduction of hierarchy based designations.

Lall Lahiri Salhotra rebuffs Heinz rehydration slogan v PepsiCo

Heinz India led by Lall Lahiri Salhotra (LLS) has won a trademark infringement case against PepsiCo, which was advised by Singh & Singh Advocates before the Delhi High Court over the use of Pepsi’s trademarked tagline, “Rehydrate, Replenish and Recharge”.

Pangea3 hires 18 from campus, will pump Rs 48 crore into Delhi to outgrow Mumbai

pangea3-mezzanine-mumbai
pangea3-mezzanine-mumbai
Legal Process Outsourcing (LPO) company Pangea3 has hired 18 students through campus placements this year with a majority 12 coming from non-national law schools, as the company has moved into larger Delhi office and plans to grow the location with significant investment.

Amarchand regains a Kolkata partner with Niloy Pyne leaving Khaitan & Partners and LPO behind

Kolkota
Kolkota
Amarchand Mangaldas has replenished its Kolkata office with a partner, hiring Khaitan & Partners office head Niloy Pyne, who will also relinquish in the legal process outsourcing (LPO) company he has been helping set up in the city.

DLA Piper hires top Indo-German double-act as India partners from two firms

german-flag_by-Julius
german-flag_by-Julius
DLA Piper has launched a continental European India practice by hiring Benjamin Parameswaran and Daniel Sharma from German independents Hengeler Mueller and Heuking Kühn Lüer Wojtek respectively.

Amarchand promotes three: litigator, corporate and first Delhi cap markets partner

Amarchand-Delhi-office-high
Amarchand-Delhi-office-high
Amarchand Mangaldas’ Delhi office has promoted principal associates Prashant Gupta and Tejas Karia to its partnership, with Gupta being the firm’s first full-time capital markets partner outside of Mumbai and Bangalore, while Mumbai has made up principal associate Vandana Pai Bharucha.