This firm appears in the Who's Who Legal 100 2014
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FIRM OF THE YEAR - INDIA
Thirteen principal associates were promoted to partner at Amarchand & Mangaldas & Suresh A Shroff & Co in 2013: seven in New Delhi, five in Mumbai and one in Bangalore. In a bid to ensure that the firm offers the required breadth and depth of capability to meet client needs, the promotions were split across a range of practice areas.
|Amarchand & Mangaldas & Suresh A Shroff & Co|
|Commercial Litigation||1||Private Funds||1|
|Corporate Governance||2||Public Procurement||3|
Amarchand Mangaldas has embarked on a significant growth plan leading up to its centenary in 2017. The firm, which is already India’s largest, plans to further expand into emerging markets and practice areas.
|Total Listings in WWL||33||Established||1917|
|Home jurisdiction||India||Total size of firm||917|
|Number of partners||86||Number of offices||7|
PEOPLE AND PRACTICES
Amarchand Mangaldas offers clients services across a broad spectrum of areas and is particularly noted for its expertise in banking and finance, and competition law.
Cyril Shroff in Mumbai and Shardul Shroff in New Delhi are the firm’s “best-known names”. Each enjoys a “spectacular reputation” in the marketplace; the former is recognised for his expertise in eight practice areas of law, while the latter achieves seven nominations. Shardul Shroff recently led a team advising Vedanta Resources on its US$1.70 billion bond offering – the largest by an Indian corporate group. He was assisted by Prashant Gupta, who is recognised for his “sensational work” in the capital markets. He represents both issuers and underwriters in equity and debt capital market transactions including IPOs, rights issues and offerings of securities to institutional investors. Yash Ashar and Niloufer Lam are also singled out for their expertise in the capital markets area. L Viswanathan in Mumbai specialises in banking, project finance and public procurement. He is “recommended without hesitation” by clients.
Pallavi Shroff heads the firm’s competition group and is “spectacular”. She specialises in dispute resolution and is noted for her “expert handling” of arbitration and litigation mattes. The firm’s competition practice is home to some of India’s “great talents” including Naval Satarawala Chopra, Harman Singh Sandhu and Shweta Shroff Chopra. Also listed is John Handoll, who joined the firm in October 2012 and advises on European competition law.
Some of the firm’s largest engagements of 2013 included advising DLF Limited on the biggest IPP in India, assisting on the Indian leg of the global acquisition by ARRIS group of the “home business”from Motorola Mobility, and acting as deal counsel to Blackstone in its acquisition of 100 per cent of the shareholding of two sea-plane operating companies in the Republic of Maldives.
One of the firm’s proudest pro bono achievements of 2013 was providing expert consultation to the Justice Verma Committee, which was appointed to recommend amendments to the criminal laws on rape. At least 70 of the firm’s lawyers dedicated more than 40 hours to studying the existing law and suggesting changes. The firm submitted an 80-plus page report to the Justice Verma Committee and some of the suggestions were integrated in the final recommendation of the committee which was presented on 23 January 2013.
The firm has recently begun setting up a committee to ensure prevention and redress of sexual harassment, as required under the new Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act 2013. In addition, the senior management team has initiated consultations to seek input from employees on how best to guarantee women’s safety and avoid sexual harassment.
Amarchand Mangaldas plans to open its eighth office in north India later this year to bring the firm’s lawyers closer to their clients in the upcoming business district of Gurgaon in Haryana. The new office is part of the firm’s significant growth projection for the next few years, which also focuses closely on the promotion of home-grown talent.
Number of Partners: 86
Number of Lawyers: Over 600
Offices: New Delhi, Mumbai, Bangalore, Kolkata, Ahmedabad, Hyderabad, Chennai and Gurgaon
Languages: English, German, Japanese, Chinese, Hindi, Gujarati, Marathi, Bengali, Kannada
Everything Amarchand Mangaldas & Suresh A Shroff & Company does is grounded in its well-established approach: “Manage work for clients efficiently, delivering pragmatic solutions while observing a strict code of professional ethics.”
Founded in 1917, Amarchand Mangaldas is an award-winning full-service law firm acting for a wide range of premier clients, including domestic and multinational corporations and financial institutions. Often viewed as the firm of choice in India, Amarchand Mangaldas helps clients achieve business goals by combining global standards with local expertise. Having worked on many of the largest and most complex cases in the region, the firm remains at the cutting edge of Indian law and has developed a near-instinctive understanding of the issues, opportunities and challenges posed by the ever-evolving and complex Indian business and legal environment.
Amarchand Mangaldas has frequently been in the unique position of acting as an adviser on public issues, most recently on the drafting of the Companies (Amendment) Act, 2013, and its conjunct Rules. Distinguished partners of the firm have acted on many legislative panels to assist the government of India with a legal perspective on policy-related matters.
Amarchand Mangaldas’ capabilities are bolstered by its wide geographical reach and the talented resources it employs to deliver excellent service to clients across the region. As the sole Indian member firm of the Lex Mundi network, Amarchand Mangaldas can offer access to excellent legal expertise in more than 100 countries. The firm’s approach remains solution-oriented, cross-functional and multi-disciplinary, and strives to maintain a judicious balance between expertise and efficiency.
Amarchand Mangaldas has been consistently rated as the leading full-service law firm in India by international professional organisations, law directories and professional journals. It was recognised as the National Firm of the Year 2014 for the fifth time running by International Financial Law Review (IFLR) and Indian Law Firm of the Year 2014 (for the ninth consecutive year) by Who’s Who Legal. It was ranked number one by deal count, and number three by deal volume, in Bloomberg’s M&A league tables for Q1 2014; number one by deal value and deal volume in Bloomberg’s Annual M&A for 2013; and number by deal value in Mergermarket India’s M&A Trend Report 2013. Other accolades include being named Legal League Tables Law Firm of the Year (2010–2013) by India Business Law Journal; Best Law Firm in India by Euromoney Legal Media Group’s Asia Women In Business Law Awards (2013); Most Responsive Domestic Firm of the Year (2011–2013) by Asian-MENA Counsel’s in-house community; and 11th largest law firm in Asia 2012 by Asian Legal Business ALB. It was awarded Client Choice Awards in 2011 and 2012 by the International Law Office (ILO), while managing partner Shardul Shroff was honoured as Asian-MENA Counsel External Counsel of the Year 2013,
General corporate (includes M&A and private equity); dispute resolution and arbitration; projects and project finance; banking and corporate finance; competition law; capital markets; real estate; intellectual property rights; insurance; technology, media and telecoms; and taxation.
216, Amarchand Towers, Okhla Industrial Estate Phase III
New Delhi – 110020, India
Tel: (91-11) 4159 0700, 4060 6060, 4100 0541
Fax: (91-11) 2692 4900
+91 98101 94303
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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.