India’s largest law firm, Amarchand and Mangaldas and Suresh A. Shroff and Co.’s Delhi and Mumbai regions, managed by brothers Shardul and Cyril Shroff, respectively, agreed to split into two firms in 2015. Anyone who is not nimble enough to accept changes won’t survive and that is true for every business, not just law firms. Where do you think the next wave of changes will come for Indian law firms? Like Indian companies, Indian law firms are largely family operated. Indian firms merging with foreign firms may not happen.

Source: Mint January 27, 2017 18:25 UTC