News Asia Pacific Business Leadership Law firms India Clifford Chance and India’s AZB ditch ‘best friends’ tie-up By Margaret Taylor 21 January 2011 14:15 12 January 2016 09:53 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Smita 21 January 2011 at 14:42 India’s legal industry excels primarily in legal process outsourcing. High-end intricate transactions are normally best handle by London magic circle law firms. Reply Link Anonymous 21 January 2011 at 15:17 Just because you are magic circle does not mean you handle transactions better – you just have more resources which is not always a good thing. CC is driven by profits pure and simple and if they can’t make money out of a venture they dump it. Reply Link Anonymous 22 January 2011 at 05:33 Short sighted partnership, immature divorce! Loss of credibility for both. Reply Link Anonymous 22 January 2011 at 11:43 CC was not smart in entering into the deal in the first place with a large (by Indian standards!) firm. I have worked with AZB and certain other large Indian firms and can say that while some of the individuals are smart lawyers, they are not upto city lawyer standards, probably because of too much work, too little training anobd no incentive in the firm on quality. They are better paid than their counterparts in London but are working in a very different environment. Wonder what was CC thinking, merging with AZB later? Reply Link Aneeta Rai 23 January 2011 at 06:13 Good for both CC. I think they sd try out what Freshfields & Linklaters hve done in India. They can certainly do it. For AZB so long as they remain single leader firm they cannot progress to second level. Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.