For a decade India Business Law Journal has been seeking out the best foreign law firms for India work. Here are the firms we hold in highest regard in our 10th annual survey
By Vandana Chatlani
India has witnessed dramatic changes in the past decade propelled by global economic tremors, political transition, industry liberalization and heightened legal market activity. As we have closely monitored India-related deals, India Business Law Journal has witnessed and reported on landmark multibillion-dollar transactions, cross-border law firm marriages and break-ups, the emergence of fresh laws and regulations, a landslide election, the proliferation of new Indian law firms, and much more.
In our initial years of tracking international law firm activity on India-related deals, we saw established players reign supreme, making their mark with headline-grabbing deals and unprecedented investment. But market gyrations and a global economic collapse paved the way for lesser known law firms to clinch positions at the top. In the years when transactional work plummeted, law firm behemoths were forced to downsize, retreat into niches, or simply disappear from the India scene altogether.