Law firms

Verus promotes Charles De Souza but loses friend & partner Jay Parikh (possibly to SAM) [UPDATE-1]

De Souza
De Souza
Verus Advocates has promoted disputes partner Charles De Souza to its partnership, as one of its senior partners Jay Parikh has left the firm.

ELP promotes Vinayak Burman to partner, 6 to associate partner, 14 associates

Burman
Burman
Economic Laws Practice (ELP) has promoted private equity associate partner Vinayak Burman to its partnership, with six senior associates climbing the rung to associate partner level.

Phoenix Legal follows clients, nests in Chennai with first non-founding office

Chennai
Chennai
Phoenix Legal has opened its first office after Delhi and Mumbai, launching in Chennai today with a team of four lawyers.

Amarchand mediated split postponed to 5 May

The end of mediation between Amarchand Mangaldas managing partners Cyril and Shardul Shroff has been postponed to at least 5 May, according to sources, though it could yet take till 7 May or longer.

(Cyril) Amarchand to pick up second senior Kochhar Delhi partner, many-headed Manishi Pathak

Kochhar & Co senior partner Manishi Pathak is due to join the post Amarchand Mangaldas-break-up Delhi office of Amarchand Mumbai region managing partner Cyril Shroff.

MoFo hires Davis Polk's Amit Kataria as of counsel for Indian corporate push

Davis Polk & Wardwell registered foreign lawyer Amit Kataria has joined Morrison Foerster (MoFo) as an of counsel in Hong Kong. He specialises in cross border M&As and disputes and enforcement in India, according to MoFo’s press release, which added that he will help the firm grow its Indi...

Cyril (Amarchand) to hire AZB Delhi partner Ritika Rathi

AZB & Partners former Delhi partner Ritika Rathi will join the soon-to-be-started Delhi firm of Amarchand Mumbai managing partner Cyril Shroff.

Hourly billing is not dead but with rates of Rs 32,000 / hour clients increasingly want more for less [via Mint]

Clients & clocks
Clients & clocks
In the business of law, the limited resource is not raw materials, marketing budgets or factory output capacity; it is literally the available time of a firm’s lawyers.

Which practice areas will be the biggest growers as corporate legal industry exceeds $1bn turnover? [via Mint]

rfx4rler
rfx4rler
Corporate and commercial law firms in India turned over just over $1 billion in revenue in the 2014-15 financial year, estimated London-based legal market consultancy RSG Consulting in its bi-annual report on the Indian legal industry based on a survey of more than 500 clients and 26 law firm managing partners.

What’s different in India’s top 40 law firm ranking in 7 years? And how would (Cyril) & (Shardul) Amarchand rank independently? [via Mint]

RSG top 40 (via Mint)
RSG top 40 (via Mint)
“)If all you care about are the top spots, not much has changed in the rankings of the 40 leading corporate Indian law firms that London-based RSG Consulting has produced since 2008.

Clasis loses Delhi IP head Ashwin Sapra to war of the Shroffs

Clasis Law intellectual property head Ashwin Sapra has resigned and may join as a partner designate the firm to be started in Delhi by Amarchand Mangaldas Mumbai managing partner Cyril Shroff next month, as first reported by Bar & Bench . Legally India has authoritatively confirmed that Sapra w...

SILF prez Lalit Bhasin: Sudden entry of foreign firms would 'damage profession irretrievably'

The Business Standard today wrote a longer article with a number of law firm lawyers’ views about the entry of foreign law firms and prime minister [https://www.legallyindia.com/Law-firms/narendra-modi-speaks-for-foreign-lawyers-entry-fears-of-foreign-domination-unfounded Narendra Modi’s recent rema...

KhaitanCo mammoth associate promotion round: 30 new principal associates, 28 new seniors

Khaitan & Co promoted 30 senior associates to principal associate and 28 associates to senior associate across all offices last month, according to information shared by the firm on request.

JSA promotes 23 to senior associate level, Mumbai gets half

J Sagar Associates (JSA) promoted 23 associates to senior associate level across all offices and promoted one consultant to of counsel in addition to having made four new salaried partners effective 1 April.

Harish Salve: Entry of foreign lawyers will make Indian lawyers better, only some domestic firms oppose

Harish Salve tweeted today at @hsalve on the issue of the foreign law firms, which prime minister Narendra Modi had recently come out in support of , saying: Entry of foreign law firms will result in young Indian lawyers being hired and trained to global standards. No foreign lawyer can or will prac...

Narendra Modi speaks for foreign lawyers' entry: Fears of foreign domination unfounded

“Why should we need to go outside the country for global arbitration? We shouldn’t think that if foreign lawyers come here, they will take away our jobs,” said prime minister Narendra Modi, for the first time publicly weighing in on the liberalisation debate, adding that fears that foreign lawyers would dominate the local profession were unfounded.

Trilegal counsel Nitish Nair joins Méridien, Sheraton mega-hotels chain as GC South Asia

Nair
Nair
Trilegal counsel Nitish Nair will join multinational hospitality giant Starwood Hotels & Resorts, which owns such hotel brands as the Westin, Sheraton and Le Méridien, as its associate director legal, South Asia.

RSG law firm top 40 ranking sees Big Six continue ruling roost with S&R, ELP, D&D, TTA; Bharuchas, Dua most improved…

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43hflqxa
RSG Consulting’s 2015 ranking of India’s top 40 law firms has seen no change in the six largest Indian firms since 2013, with Amarchand Mangaldas continuing to top the rankings, followed by Khaitan & Co and AZB & Partners tied in second place.

(Cyril) Amarchand scoops 3 out of 4 partners of old-Law-School-boutique MNK

Amarchand Mangaldas Mumbai-region managing partner Cyril Shroff is due to acquire MNK Law Offices in Delhi, except for partner Probal Bhaduri who is reliably understood by Legally India to be joining a large accounting firm.

JSA promotes 4 to salaried partner for lowest (non-equity) leverage amongst Big Six

J Sagar Associates (JSA) has promoted senior associates Mary Julie John in Bangalore corporate, commercial and real estate; Arpita Garg in Gurgaon’s banking, finance and corporate commercial; Vishal Anand in Delhi’s regulatory and corporate commercial; and Kannan Rahul in Mumbai’s banking and financ...