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Legally India 2019 InLegal 50 print edition cover
Digital Print Issue

2019 InLegal 50

2018–19 Financial Year

Welcome to Legally India’s 2019 InLegal 50 Issue

If you would like to receive future editions, please register your interest.

The 2019 print and digital edition of Legally India is a joint publication by Global Legal Media and Legally India. The issue introduces the InLegal 50, an annual fully-transparent tracking of India’s corporate law firms. Other topics include updates on vital practice areas and jurisdictions, plus:

  • Top 100 Dealmakers of the Year
  • Marquee & Prestige Firms, Profiled
  • 63+ Busiest Indian & Foreign Firms
  • Cap Markets: Riding out the Lull
  • Insolvency: The Boom of Busts
  • Talk About Sex: Gender Ratios at Top Firms
Download PDF of the issue

Print Issue Editorials

Introducing the InLegal 50: Editor’s Note

By Legally India

A major part of Legally India’s core mission has always been transparency. When we first set up in 2009, the domestic legal market was largely shrouded in secrecy and could be understood only by tapping into an arcane flow of information and rumours spread via professional networks.

InLegal 50: The biggest M&A & insolvency deals in a year of plenty

By Legally India

“M&A is the mainstay of any small or large corporate firm’s practice,” states Shardul Amarchand Mangaldas Delhi corporate partner Amit Khansaheb, one of the InLegal 50’s top dealmakers of the financial year 2018-19.

InLegal 50: The Legally India Corporate Dealmakers of the Year 2018-19

By Legally India

A law firm is only ever as good as the collection of its partners. The analysis that follows recognises not just individual rainmaking and execution, but leadership and teamwork from everyone involved.

InLegal 50: The Insolvency Machine

By Legally India

At least 17 insolvency deals under the Insolvency and Bankruptcy Code brought significant work to Indian law firms in our tables in the 2018-19 financial year, with deal values of $20.5bn.

InLegal 50: The Busiest Corporate Law Firms

By Legally India

The proof of most things lies in the pudding, and for a good corporate lawyer, your pudding begins and ends with the kind of work that clients entrust you with.

InLegal 50: Top of Equity Capital Markets

By Legally India

Equity capital markets can be a tough practice area for a law firm to manage. When the going is good, there aren’t enough lawyers; when the markets sleep, utilisation and profits plummet.

InLegal 50: Foreign corporate firms in India

By Legally India

Foreign law firms too have had a bumper year in India, with the vast majority of public instructions linked to relationships with marquee private equity clients, which were very hot on India this year.

Women in Indian law firms: In a growing minority

By Legally India

For years, the Indian legal profession – particularly litigation – has been dominated by men, and most of the new law firms that rose in the nineties and noughties were headed by men.

Israel

India-Israel Commercial Relations: The Opportunities, Challenges and the Way Ahead

By APM & Co

Following the establishment of full diplomatic relations in 1992, India and Israel have enjoyed a fruitful partnership, with economic relations growing from $200m in 1992 to approximately $1.94bn in 2018.

USA

Building a Two-Way Street: A Guide for Indian Companies Seeking to Conduct Business in the US

By Frost Brown Todd LLC

The United States and India should view one another as important strategic business partners regionally and globally. With a common legal system of British heritage, democratic governance and relatively free market economies, one would think the two countries would enjoy more trade and mutual direct investment.

Ireland

Why Ireland as a Domicile for Investment Funds Investing in India

By Dillon Eustace

Increasingly Ireland has proven to be the domicile of choice for asset managers seeking to establish investment funds investing in India which can be marketed to European and global investors.

Private Equity

Decoding the “Liquidation Preference” Clause in Investment Transactions

By Legasis Partners

Most investors prefer to have the protection of a liquidation preference clause in investment agreements to protect their investment in case of the happening of certain events.

Mergers & Acquisitions

The National Company Law Tribunal in India

By Shardul Amarchand Mangaldas

Before the establishment of National Company Law Tribunals under the Companies Act, 2013, schemes of arrangement fell within the purview of the High Courts under the Companies Act, 1956.

Insolvency

Insolvency and Bankruptcy Code, 2016 – Jurisprudence Bolsters and Aids Implementation

By J Sagar Associates (JSA)

India significantly improved its ranking in the World Bank’s ease of doing business report, a major contributor being the Insolvency and Bankruptcy Code, 2016, which ushered in a simple and modern framework providing certainty of outcome.

Due Diligence

Increasing Role of Forensics in Due Diligence

By Economic Laws Practice (ELP)

While traditional due diligence uncovers broader business, financial and legal risks, recent increases in director liability, calls for transparency and reporting requirements have magnified the relevance of micro-level due diligence.

Trade Law

Turbulence in Global Trade: Effective Strategies for Navigating Through the Headwinds

By Economic Laws Practice (ELP)

Starting from USD 452 billion in 1999, India’s GDP crossed USD 2.6 trillion by 2017. Yet increasing protectionism, the US-China trade dispute and uncertainty around Brexit contributed to the lowest global trade volumes in 9 years.

Succession Planning

Fundamental Tenets and Laws of Succession Planning

By Economic Laws Practice (ELP)

Succession planning for safeguarding and optimal transitioning of wealth and control is emerging as a critical consideration for businesses in India, many of which are family-owned or controlled, with significant promoter stakes.

Energy

Renegotiating Power Purchase Agreements for Renewable Energy Projects

By HSA Advocates

The Indian Government has set ambitious targets for renewable energy, yet must protect the existing portfolio and assure regulatory certainty.

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