In 2016, Amarchand to mull offices in Singapore, HK, London, Dubai or NY: Shardul Shroff

In an interview to UK legal magazine Legal Week, headlined as “Amarchand sizes up options for first international base as India’s unlevel playing field continues to frustrate”, Amarchand Mangaldas Delhi managing partner Shardul Shroff said that the firm was thinking about opening an office abroad.

He told Legal Week:

“Singapore [is the strongest contender] because its links with India are quite strong… Singapore enables clients to service the whole of the ASEAN market… But it could be Hong Kong, London, Dubai or New York – it depends on what 2016 looks like. It also depends where clients need us…

“It would have to be an office of significance, not just a representative office where you receive the mail… We want to do it properly. We also don’t want to disturb our international relationships with global law firms – we want to preserve these. But equally we want to provide Indian expertise that is relevant to the international market. We want to be present in markets where the local Indian situation becomes relevant; approaching the clients on their doorstep rather than expecting them to come to India…

“There are firms that have gone to China or Singapore but their offices are small and not significant enough to make a statement on behalf of Indian lawyers.”

Full article behind paywall at Legal Week [with free 2 week trial sign-up]

Comments

Grapevine 28 Oct 2014, 11:34
+2 -2
Havent they already spread thier wings to Australia?
Aastralia 28 Oct 2014, 12:31
+5 -0
Maybe Adani's need them there...??
BHOnsle 28 Oct 2014, 12:25
+4 -1
Quiet Significant...
Hildul Shrof 28 Oct 2014, 12:27
+27 -1
Or Baroda or Rajkot or Surat or Bharuch or Jamnagar wherever the client needs...
hahaha 28 Oct 2014, 13:05
+17 -1
Hildul
squiril 29 Oct 2014, 15:35
+7 -2
what shardul says is fine, but what does his fellow/joint managing partner have to say to this?
Samajwadi Vakeel 30 Oct 2014, 07:09
+0 -4
piyela toh nahi hai re!
hubba 31 Oct 2014, 12:19
+1 -3
spreading of wings is happening, yes? Should not turn into flying without wings. or free fall.
Hypocrite!!! 1 Nov 2014, 15:53
+4 -1
Amarchand going abroad is fine according to Shroffs but foreign firms coming into India is still taboo because it will cut into their revenue!!! Double standards!!!

If it wasn't for MNCs then Indian companies would be paying salaries of 15k - 20k to MBAs. Same way introducing of foreign law firms is the only way to prevent brain drain of good legal minds and prevent consolidation of wealth into the hands of few...
Partners 1 Nov 2014, 19:39
+1 -0
First make AmArchand partners in 2014 , then think of overseas offices. Khaitan, AZB, JSA, Trilegal etc etc all announced partnerships. AMSS last equity round was Akhila and Yash in 2010.