Categories:India & Pakistan

A&O splits with Indian best friend after liberalisation disappointment

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  • My guess, the rate of attrition which Trilegal faces and the lack of a second layer of "quality" partners must have precipitated things. This would be in addition to other things that are not working well for this young firm, eg, big ticket deals going wrong, nepotism that has led to some very good associates leaving and an overall negative work place.

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  • Anyone that understands anything about the India legal market knows that liberalisation has never just been round the corner.
    Plain English translation of Trilegal comments: "we've had a great run tapping into all A&O's amazing client base, can't believe it lasted this long"
    Translation of A&O Comments: "all their clients think we're too expensive; why on earth did we ever shackle ourselves to one firm it's been a one way street, it's about time we got back on the dating scene"

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  • this is really a realisation of the serious legal and regulatory risk that these arrangements pose to any firm with concern for its reputation / franchise risk. such a risk was considered worthwhile since the commercial pie seemed attractive. that too being lost, it was just not worth it.

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