Link Legal tops H1-2012 project finance league table ahead of Amarchand, Luthra, Clasis

Friday, 20 July 2012 By Legally India Projects

Digging up roads, equals money
Digging up roads, equals money
Exclusive: Link Legal pipped last year’s leader Amarchand Mangaldas at the top of the 2012-half-year Dealogic project finance rankings, reporting seven deals worth Rs 27,106 crore ($4.9bn).

Link Legal’s projects accounted for one-fourth of the market share of deals recorded by Dealogic this half-year.

Link Legal partner Ajay Sawhney told Legally India that the firm’s deals included power projects, the two biggest road projects, two thermal power projects, and a mining project. The power and road sector comprised the lion’s share of Link Legal’s projects activity, he said.

Amarchand Mangaldas tied with Clasis Law on the highest number of reported deals, with 11 deals.

Amarchand’s 11 deals worth $4.2bn won second place on the league table, while Clasis Law’s $2.2bn worth of deals earned it the fourth spot.

Luthra & Luthra came third with five deals worth $2.8bn, tied with J Sagar Associates (JSA) and R&A Legal Advocates in terms of number of deals.

JSA, the last Indian firm on the table, was third from the bottom, having reported only $405m worth of project finance deals.

Global project finance deal volumes in the first six months of this year slumped to $172bn, which is the lowest first-half-year total since 2009, and down 20 per cent on the $215.5bn in the first half of 2011.

Top 10 Legal Advisor Ranking for India – First half 2012

Pos. Legal Adviser Amount ($m) No.
1 Link Legal 4,966 7
2 Amarchand & Mangaldas 4,249 11
3 Luthra & Luthra 2,771 5
4 Clasis Law 2,174 11
5 SJ Law Advocates & Solicitors 1,801 6
6 India Law Services 949 4
7 R & A Legal Advocates 940 5
8 J Sagar Associates (JSA) 405 5
9 Linklaters 392 1
10 Norton Rose 346 1
Total 19,960 70

Source: Dealogic

Link Legalproject financeDealogicAmarchand MangaldasLuthra & LuthraClasis LawLink Legal India Law Services (LLILS)L&L Partners

Comments

Robin Frey 21 Jul 2012, 05:16
+0 -0
Congratulations Link Legal!
anon 21 Jul 2012, 05:28
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smaller firms need to position themselves better. deallogic is a globally reupted source so these listings are very telling. in other jurisdictions, a lot of the smaller firms would be labelling themselves as boutique firms. it is very likely their partners earn significantly more than their equivalents in firms with more employees. "big firms" has employee head count as the index.
Hyderabadi 21 Jul 2012, 12:18
+1 -0
"______ Law", Go Bhatta !
Ashish 21 Jul 2012, 13:19
+1 -0
Happy to see Clasis Law's growth in last one and a half years. Our good wishes to the Project Finance team!
legally not 22 Jul 2012, 08:27
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way to go Link Legal
New Look 22 Jul 2012, 10:07
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Kian,

The new look of the homepage is mundane. The older one was better.
ULNG 23 Jul 2012, 10:41
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not bad...........Clasis and SJ Law coming up really well and fast, I hope they are able to sustain it.............All the best to the bunch of young law firms and their partners..........
Curious 23 Jul 2012, 17:09
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I just checked the Dealogic tables but dint find clasis law's name in it. Is there any other private source also referred to?

Kian seems Ur source is not entirely Dealogic
kianganz 23 Jul 2012, 17:12
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Dealogic compiled the pure India rankings for us exclusively - the published rankings in the PDF are global ones and exclude most Indian firms.

Best wishes
Kian
... 23 Jul 2012, 17:48
+1 -0
There were a few more deals which went unreported due to disclosure issues. The table might have looked different if all had been reported.
Commenting is closed for this article.