For the first time ever, Law Business Research has published a legal reference guide specifically aimed at the Indian legal market, Indian Lawyer 250. The guide provides a comprehensive overview of India's leading firms, from the old to the new and full service to boutiques, as well as an insight into the foremost foreign firms that have respected Indian practices and leading business lawyers in the country.
The Indian economy has experienced significant growth in the past five years, largely fuelled by aggressive, technological entrepreneurship and headline-grabbing M&A activity, cementing India as the third largest economy in Asia.
The guide seeks to pull together the existing research from our Who’s Who Legal series and award winning research methods to produce the first edition of Indian Lawyer 250. Since 1996 Who's Who Legal has identified the foremost practitioners in 32 areas of business law - featuring over 10,000 of the world's leading private practice lawyers in over 100 countries. Adopting the proven research techniques used in this process, and tapping into the data we have collated over the years on the Indian legal market has enabled us to build an accurate picture of India's leading lawyers and firms.
Our research began with conversations with private practice lawyers as well as general counsel. Using the comments from these parties, together with information collated from the legal and financial media, we were able to compile and distribute a preliminary listing of Indian law firms. Through a series of in-depth telephone interviews with private practice lawyers in and outside India and their clients, we were able to refine the listing to create a shortlist of law firms.
The shortlisted firms were presented with a questionnaire asking them to provide further information about the firm, including the work that they have been involved in. Analysis of this information, together with the recommendations received and our Who's Who Legal data, enabled us to identify India's leading firms. Click here for more information on our research process.
The old among the new sums up the dynamic of the Indian market: the increase in the sheer level of work over the last decade has encouraged the growth of long-standing firms together with the development of new names. The guide features 81 Indian law firms, 22 international law firms and 32 partner profiles in total. We feature lawyers from new firms such as Talwar Thakore & Associates, well established firms such as Amarchand & Mangaldas & Suresh A Shroff & Co, and international outfits such as Linklaters LLP through an increasing number of ‘tie-up’ and ‘best friend’ agreements with older Indian firms as the market slowly becomes more liberalised. International firms, such as Allen & Overy have strengthened its position locally with a tie-up with Indian firm Trilegal and is capitalising on the wave of development in the country. But until the market becomes fully accessible, these agreements will be the way in which foreign firms can enlarge their presence and offer local expertise in the market. Click here to view the full list of law firms, and here for the list of international firms with expertise in India related matters.
Q&A CORPORATE COUNSEL
Indian Lawyer 250interviews Samuel Mani Kallupurakal, head of legal at Infosys, India’s second largest IT outsourcing group. Founded in 1981, it has expanded into a company with 65 offices worldwide and a network of overseas in-house counsel. He discusses the requirements of his role and trends in the Indian legal market. Click here to read the full interview.