Round 2 Breaking: The Supreme Court has given 10 weeks to serve 31 foreign law firms and the respondents in the apex court appeal against the AK Balaji Madras writ petition, with the Bar Council of India (BCI) arguing that the law should prohibit foreign lawyers from even temporarily travelling to India to advise clients.
Saikrishna-RajagopalExclusive: Twelve-year-old intellectual property (IP) boutique Saikrishna & Associates aims to convert from a sole proprietorship to an equity-sharing by April 2013 and will aim to become a full service firm, said its founding partner Saikrishna Rajagopal, as ex-Luthra & Luthra partner Ameet Datta joined yesterday.
allen-overy-Jonathan-Brayne Aiming to rekindle a “constructive debate” on the liberalisation of the Indian legal sector, UK headquartered magic circle firm Allen & Overy (A&O) has started a public relations (PR) offensive with an independent survey that confirmed overwhelming support for the entry of foreign law firms among Indian corporate lawyers and clients.
FoxMandalExclusive: Fox Mandal Delhi corporate and capital markets partner Sumes Dewan, who joined the firm two-and-a-half years ago, has resigned, leaving only around four non-family partners in the firm’s Delhi office.
Ritesh Kanodia Exclusive: Economic Laws Practice (ELP) Mumbai indirect tax associate partner Ritesh Kanodia resigned last month after more than six years at the firm, to start up an independent tax practice of two or more partners.
JSA Aashit ShahJSA-Anish-MashruwalaExclusive: J Sagar Associates (JSA) yesterday effectively promoted Mumbai retained partner Aashit Shah as its twenty-third equity partner, becoming an “equity partner elect” to sidestep the 20-equity-partner limit per firm, while Germany-India returnee Anish Mashruwala was made a retained partner.
InlineRepresentation7eefce6f-2abb-4df3-ab23-1966148a60bf[13]Exclusive: Economic Laws Practice (ELP) is considering implementing a bespoke report by a global human resources (HR) consultant, as the firm lifted four partners into the equity pool alongside its founding partners, while eight associate partners were promoted to non-equity partnership.
Ameet Datta Exclusive: Luthra & Luthra intellectual property (IP) and media partner Ameet Datta has left the firm for entrepreneurial opportunities, including the option of joining boutique IP firm Saikrishna & Associates.
AZB-SamirGandhiExclusive: Economic Laws Practice (ELP) competition and trade law partner Samir Gandhi is joining AZB & Partners in Delhi as the first partner at the firm to focus on competition law full-time.
Exclusive: Lakshmikumaran & Sridharan (LKS) moved to a new 15,000 square feet Bangalore office in the World Trade Centre (WTC) from its Anand Rao Circle office on Friday (8 June).
coffeeExclusive: Delhi litigation firm Karanjawala & Co has promoted its first partner in around seven years, with Meghna Mishra joining the partnership to head the Delhi high court practice after 11 years with the firm.
Tower ExpressExclusive: Crawford Bayley associate partner Krishna Venkat will join AZB & Partners in Mumbai from 1 June as a senior associate in the M&A and corporate practice.
SnR_VenkateshSnR_Bhakta S&R Associates has promoted Bhakta Patnaik in Mumbai and Venkatesh Vijayaraghavan in Delhi to increase its all-equity partnership to seven partners.
Cal courts: Fairly good workExclusive: Arindam Pal, who had left PXV Law Partners late last year with co-founding partner Rohit Das but ended up starting Augustus Law Chambers in Kolkata independently, is planning to aggressively expand the six-lawyer firm to other cities.
Chande Economic Laws Practice (ELP) Mumbai has absorbed the year-old capital markets and securities boutique Prism Partners & Advocates, founded by PR Ramesh and Yogesh Chande, in its capital markets practice last month, ending the start-ups’ short-lived referral relationship with Naik Naik & Co amicably.
Bhattarai Exclusive: AZB & Partners Mumbai equity partner Yogesh Bhattarai has internally announced that he would leave the firm to go on a one-year sabbatical.
Azmul Haque has made the leap to Singaporean firm Shook Lin & Bok as partner and India co-head from Berwin Leighton Paisner (BLP), where he was a senior associate.
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Exclusive: Lakshmikumaran & Sridharan (LKS) moved to a new 15,000 square feet Bangalore office in the World Trade Centre (WTC) from its Anand Rao Circle office on Friday (8 June).
