Amarchand Mangaldas has announced variable compensation to salaried staff on Friday with total rewards up to 80 to 95 per cent of maximum levels, as the firm is expecting a record turnover for the 2009-10 financial year.

DSK Legal, India Law Alliance and P&A Associates have advised Zicom Electronic Security Systems on restructuring and transferring of business units for Rs 225 crore ($49m) to Schneider Electric.

Luthra & Luthra has leased another half-floor of 7,000 square feet in its Delhi office.

Trilegal has promoted the second woman to its partnership, as Bangalore corporate senior associate Kosturi Ghosh has swelled the senior ranks to 16.

Khaitan & Co has hired ex-bureaucrat and lawyer Dr PK Agrawal as partner to head its real estate practice in Delhi.

Luthra & Luthra, Amarchand, Kochhar and Titus have emerged as likely candidates to qualify for the quarter finals of the Society of Indian Law Firms (SILF) – Khushal T-20 tournament in Delhi after winning all matches played to date.

Luthra & Luthra has advised Abbott Laboratories in its 20 per cent open offer of the Indian subsidiary of Solvay Pharmaceuticals as part of the €5.2bn global acquisition of the Belgium-based pharma company.

Vaish Associates has started a Mumbai indirect tax practice in its new Parel office with the hire of Paras Kuhad Associates partner Shilpa Sharma.

Amarchand Mangaldas and K&S Partners steamrollered Desai & Diwanji and Sai Krishna Associates respectively with over 200 runs, in two of last weekend’s six matches between 12 teams at the Society of Indian Law Firms (SILF) – Khushal T-20 cricket tournament in Delhi.

Legal process outsourcing (LPO) newcome Overlegen has opened an office in the US, after hiring a new vice president for business development North America in Austin, Texas.

Majmudar & Co will follow its clients and move from South Mumbai to a larger office in the Bandra Kurla Complex (BKC) in North-Central Mumbai, as the firm has hired Little & Co corporate partner Shreyas Patel with one associate.

Amarchand Mangaldas Mumbai office and AZB & Partners Delhi have advised on Goldman Sachs’s private equity arm $115m investment in conglomerate Max India.

Nishith Desai Associates and J Sagar Associates (JSA) have acted for Orbit Corporation and the investors respectively in a Rs 165 crore private equity (PE) investment in Orbit for a township development.

Luthra & Luthra Delhi partner Aniket Sengupta has relocated to its Mumbai office, as part of the firm’s plans to further strengthen its presence in the financial capital.

Luthra & Luthra has beaten Trilegal in the first match in the Society of Indian Law Firms (SILF)–Khushal T-20 law firm cricket tournament in Delhi, which will pit 16 teams against each other over the next four months.

Khaitan & Co is the domestic counsel for Mahindra Forgings Limited and Jones Day Singapore the international legal advisors to the qualified institutional placement (QIP) filed by Mahindra & Mahindra owned forging and auto component company.

Zeus Law Associates has promoted managing associate Suresh Dobhal to partner in its corporate litigation practice and has made two other internal promotions after its annual performance review.

Ashurst has decided to close its Delhi liaison office following the outcome of the Lawyers Collective case. However, the office closure was already on the cards two months before the judgment, according to the firm.

Naik and Naik has won for Anil Ambani owned Reliance MediaWorks against Ocher Studios, which is promoted by the family of South India film star Rajnikanth, forbidding the studio to create third party rights in the film ‘Sultan – The Warrior’ under Section 9 of the Arbitration and Conciliation Act 1996.

Induslaw has acted as sole advisor to education provider Educomp Solutions, which acquired Studyplaces.com from Zaptive Internet Services.