Indian business law journal provides legal news in India. They have listed 38 types of legal advice from law firms. They have grouped seven top firms under each advice service. The law firms are awarded a listing of one as the top and seven as the winners. The talent of the legal community in India requires appreciation. Since 2009 these awards are analysed by the editorial team and presented. The law firms are asked to submit their achievements in the areas of advice and peer assessment. The divisions based on the legal advice go into 38 types. The law firms are divided into 38 types based on the advisory services that they offer. The blog shed light on the law firms centring on the need for legal support for Indian companies.
The categories of the award are as follows: the law firm of the year, best law firms, anti-corruption and white-collar crime, arbitration and ADR, Aviation, capital markets, banking and finance, corporate and commercial, competition and antitrust, data compliance and cyber security, education, environment, energy and natural resources, fin-tech, environment, infrastructure and projects, insurance and reinsurance, intellectual property protection, intellectual property enforcement, international trade, internet and e-commerce, labour and employment, litigation, licensing and franchising, media and entertainment, mergers and acquisitions, pharma and life sciences, policy and regulation, private client practice, private equity and venture capital, restructuring and insolvency, real estate, shipping and maritime, sports and gaming, structured finance and securitisation, start-ups, taxation, and technology and telecommunications.
Best law firm:
AZB and partners are the best law firm, and it offers advice in 16 practice areas. The team understands the venture capital system and the new-age digital markets. The company helped the growth of Indian unicorns. The director of Sequoia Capital has a close relationship with the AZB’s partners. They show a balanced approach to the legal problems.
AshwaniVerma, legal director of Sequoia Capital for India, stated that she discussed the transactions happening in e-commerce, insurance, competition and trading with AZB. The practical advice provided by them is useful for winning the situation. The firm supported the Indian unicorn firm Pharm easy. The acquisition of promoter shareholding by an Indian company was successful. The law firm also finds the resolution after discussing it with NITI Aayog and the ministry of law and justice. The vaccination campaign in Delhi organised by Hope Oncology clinic and Akshaya Patra Foundation was under the supervision of the AZB law firm. The campaign benefitted the underserved community in Delhi. The firm works with the support of 45 lawyers and 112 partners.
Law firms with overall best performance:
The seven firms that fall under the division of overall best performance are AZB and partners, Cyril AmarchandMangaldas, JSA, IndusLaw, Khaitan and Co, Trilegal, and ShardulAmarchandMangaldas and Co. To offer services to the Asia-Pacific region, CAM opened a new international office in Singapore. Gurukul is the learning platform of the firm. This platform produces young professionals. The platform offers pathshala, Vidyapeeth and vichar-sammelan for the three levels. CAM is the advisor to the top IPOs from India. The list goes as Zomato, National highways infra trust, renew energy global, Power grid corporation of India and Greenko Dutch. The firm provides competition-related advice to TVS, Google, Adani ports and Mahindra.
The Induslaw helped Shell India with social security payouts for inbound and outbound ex-pats, strategic board-level advice to Siemens India, setting up foreign entities for Deliveroo, UK, and senior management policies for ReshaMandi. The recent advice for the fin-tech sector was to bridgeweave UK’s investorAi product. JSA is the financial advisor of SBI. The first Euro bond from India euro-denominated green bond by power Finance Corporation was handled by JSA firm. It supported One97 Communications, India’s largest IPO in the capital markets. This firm advised the lead arrangers during M&A dealing with the Blackstone acquisition. The firm helped to bear Private equity Asia, and symphony technology group. The company is on the top for advice on structuring, policy guidance and legal compliances.
Khaitan& Co advised the defence of a prosecution side. The firm extended the white-collar crime and anti-corruption advice to Wirecard, NMC healthcare, the Chinese app ban, loan app scams, NiravModi, Cox & Kings, IL&FS and TRP. ShardulAmarchandMangaldas and Company rendered services to the following companies last year: Covishield technologies, India ideals, Canada pension plan investment board, reliance retail, and TPG rise climate. The firm also represented NSE and LG polymers in India. For the National Company Law Appellate tribunal, Trilegal joined hands with Ola Cabs. The firm works with commercial goals and actions with social responsibility.
Different legal advice of law firms:
The meaning of anti-corruption and white-collar crime, ARBITRATION & ADR, AVIATION, BANKING & FINANCE, capital markets, competition and antitrust, corporate and commercial, data compliance and cybersecurity, education, energy and natural resources, environment, fin-tech, infrastructure and projects, insurance and reinsurance, intellectual property enforcement, intellectual property protection, international trade, internet and e-commerce, labour and employment, licensing and franchising, litigation, media and entertainment, mergers and acquisitions, pharma and life sciences, policy and regulation, private client practice, private equity and venture capital, real estate, restructuring and insolvency, shipping and maritime, sports and gaming, start-ups, structured finance and securitisation, direct taxation, indirect taxation, technology and telecommunications, and new law firms are explained with appropriate examples below.
non-banking financial companies, investment banks, financial institutions, private equity houses, large corporate houses, real estate companies, ultra-high net worth White-collar crime is advising on internal investigations, background checks, incident response services, asset tracing, litigation and arbitration, and investigations with anti-bribery laws. High-profile fraud cases require practical knowledge. Previous year one new amendment was added to the arbitration and conciliation act. Arbitration is the private solution for the parties involved. The solution is provided with legal transformation by the law firms.
By 2030, India is predicted as the largest aviation market. Airport projects require special attention. So, the law firms handling aviation projects understand airport development from the foundation level. In the realm of banking and finance, the law firms deal with individuals, promoters and developers. Law firms handling capital markets deal with fundraising assignments, acquisitions, contentious matters, preferential equity issues, term loans and debt financing.
Competition and antitrust law firms deal with business knowledge and competence. Corporate and commercial transactions involve high value. Law firms with a qualitative focus deal with such challenges. Law firms with a thorough understanding of the data protection bill, 2019 deal with data compliance and cybersecurity. The education sector has domestic and international investors. The liberalisation and internationalisation of higher education are possible only with the support of law firms. The following companies require law firms with specialised knowledge: Energy and natural resources, environment, fin-tech, infrastructure and projects, insurance and reinsurance, Intellectual property, international trade, internet and e-commerce, labour employment, franchising business, litigation, media and entertainment, pharma and life sciences, mergers and acquisition, private client practise, policy and regulation, venture capital, real estate, insolvency, shipping and gaming, and start-up companies.
The law firms provide different types of legal services with knowledge of domestic and international law. The services provided by the law firms improve the quality of the Indian business environment.