Hot on the heels of Indian firm Cyril Amarchand Mangaldas (CAM) opening an office in Singapore, another large firm, Khaitan & Co, has followed suit.
The law firm said the move had been in the works for some time. “Our thought to have a presence in Singapore, and the planning behind it, has been going on over the last couple of years,” Haigreve Khaitan, senior partner at Khaitan & Co, told Asia Business Law Journal‘s Gautam Kagalwala. “This pandemic and this remote way of working has not affected that strategy of ours.”
Khaitan said Singapore’s role as a major business hub and gateway is what attracted the firm. “It made a lot of sense as we will be able to cater to both the international client looking at India, and the Indian client looking overseas.”
The focus for the office will be on providing legal services for cross-border M&A transactions, private and public investments, advising high net worth Indian families on international tax and succession planning, and participating in international arbitrations involving Indian law.