CC eyes Indian market with Amarchand hire

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  • International Firms need to do quality check

    International Firms are in rush to create India Desk overseas so that when India opens up they can just host their offices in India, and rightly so! However, this should not create panic with Amarchand, as they brand is equally big enough and well established in India. Number of lawyers coming out of law colleges in India is increasing and with one or two exit like Rahul should not disturb Cyril. All that he need to do is a system to train them in shortest possible time. Rahul will now have to prove himself without the support of Amarchand Brand! very tall order!!

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  • distrust at industrial and institutional level

    So is Cyril agreeing that the law is nothing more than a business in India? Comparable to 'industries' with law firms acting as 'institutions'??? what about the 'purity of practice' that Cyril claims sets us apart from the foreign law firms?

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  • AMSS

    Rahul has done well for himself. A good lawyer trained by Mr. Shroff and AMSS, which needless to say is the pioneer of law in India and continues to date. Bear in mind that Rahul, was created by Mr. Shroff and AMSS. Not the other way. In fact Mr. Shroff to his credit has created a whole school of lawyers and continues to do so. Rahul or no Rahul, AMSS will continue to be the pioneer in law and Mr. Shroff would go on with the creation of some more "Rahuls". The hype in the media about CC acquiring Rahul is unwarranted and would not take away the experience of AMSS or Mr. Shroff or the people who have come to AMSS owing to its expertise enshrined in it and its Senior partners.

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  • wake up call indeed

    AMSS is anyways not the first choice for best legal minds churning out of national law schools anymore. times have changed and its the foreign firms which are attracting the best talent now.
    and as somebody already commented, amarchands, luthras and azbs should stop pretending as if they own their associates. if ppl move, its just another job, accept the fact that foreign firms r better and let ppl go.
    you only have to go to http://www.cliffordchance.com/indianlawyers/ourlawyers.htm to find out that not only fresh national law school graduates but associates and senior associates from indian firms r leaving in droves. and thats just a example.

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  • sharp elbows

    congrats to guptan! he has shown the way for young indian lawyers. the ingredients for sucess include not only sharp legal skills but also sharp teeth and sharp elbows. these fat cat indian legal firms will only understand when people like guptan teach them a lesson through treachery and betrayal. after all, as ABBA said, its all about money money money, and why should we young lawyers not get a bigger piece of it??

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  • whats all the fuss about??

    The amount of comments are quite ridiculous! Whats all the fuss about?? Guptan trained in an Indian firm, built his reputation and network and, like the companies that he takes public at a market value, took himself to the market and encashed it! So whats wrong with that? Guptan is a material boy in a material world! Arnt we all?  Indian firms should however be careful of people like him. Loyalty is just a word in a dictionary…but what the heck?? It’s a mobile labour market. Can we stop this fuss please?

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  • indian culture

    India’s legal market is just evolving. Indian lawyers of any age should worry about how they are perceived. Every magic circle partner knows that Indian associates are the most trouble. Always worried about packages, whose getting how much and seeking career advancement through shortcuts. The current topic may fuel the wrong behavior. The Indian bar should develop a good reputation of dependability and ethics and not of greed and opportunism. We get 100s of CVs daily with exaggerated claims of experience and skills. As someone who has been in practice for long, I think such things don’t help the reputation of young Indian lawyers which is already quite suspect at senior levels in London firms. The Indian universities need to give better cultural and ethical training to their young lawyers if they want to be respected in the world. I feel for India and believe that Indian lawyers and academia need to give this a serious think.

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  • New Vocabulary

    "to do a guptan" (pron: To Do a GOUP-TANN)- to acheive career advancement through opportunism; the pursuit of money

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  • mediocrity

    The big danger for global firms recruiting Indian lawyers for their India strategy is the accumulation of mediocrity. Its no secret that most of the Indian lawyers in London will not make it to the partnership, and certainly not to the senior levels. In their anxiety to explore the large Indian market, the global firms need to watch out for this. As a former student from NLS Bangalore, now in London for the last several years, this is my key concern.

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  • Why the fuss!

    I certainly cannot understand the fuss about Rahul quitting Amnarchands. Why these allegations of 'trechery' and discussions re 'ethics'! Law is a profession like any other, and I certainly don't see much hue and cry when a banker from ICICI, HDFC or SBI jumps ship to a Lehman Brothers!

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