Bharucha & Partners, a full-service law firm headquartered in Mumbai, and Arthe Law, a Delhi-based multi-specialty law firm, will merge their practices with effect from 1 November.
The merged firm will offer expertise across practice areas including M&A, competition law, private equity, banking and finance, capital markets, intellectual property, technology, media and telecoms, employment, infrastructure, general corporate advisory, corporate and commercial litigation, regulatory litigation, white collar crime, sports, energy, and space law.
The firm will operate under the Bharucha & Partners brand.
Arthe Law was formed in April 2017 by the merger of the boutique technology, media and telecom law firm TMT Law Practice and New Delhi-based firm DPSA Legal, set up by DP Singh, a former additional advocate general of the state of Punjab & Haryana.
Singh told Asia Business Law Journal he had been holding merger talks with Bharucha & Partners for two years and that “there was no question of talking to somebody else in between”. He added that the merger between DPSA and TMT occurred not by design, but through a “chance interaction”, which led to a couple of meetings on a particular issue.
Justin Bharucha, a partner at Bharucha & Partners, said the firm was in an advantageous position since DPSA and TMT had already undergone a merger exercise themselves. “They were perfectly placed to help us get the process right and ensure that a solid foundation was in place prior to the merger actually taking place.”
Since its breakaway from Amarchand Mangaldas, Bharucha & Partners has expanded, but only through the recruitment of individual lawyers. Senior partner MP Bharucha said that his firm had proceeded to merge with Arthe because “we have always been looking for the right people and we believe we found them. We are all very excited – that goes without saying. It’s back-breaking work, but it’s very, very satisfying.”
The combined firm will have 80 lawyers including 12 partners: MP Bharucha, Alka Bharucha, DP Singh, Abhishek Malhotra, Justin Bharucha, Vishnu Dutt, Vandana Pai, Arjun Anand, Deepak Biswas, Kaushik Moitra, Ajai Achuthan, and Sonam Gupta.