Trio breaks away from A&O's Indian alliance firm

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  • Survival

    I will be interested to see how long they survive in the wild.

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  • Typical Indian law firm

    This phenomena is typical of Indian firms. They don't let you grow fast enough and ultimately they suffer with quality people leaving.

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  • Wake up call?

    Mr. Pease says it all. The deal was only with the 5 who stayed back. No wonder the others left. The newer lot should get worried...

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  • Personal fiefdom

    Sounds a bit like a certain offshore law firm out in the Atlantic...

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  • These three conquered the wild....

    I have no doubts about their ability to survive, and do much better than just survive. The last decade has been spent in the wildest parts of the legal world, so its unlikely that the future will have anything more difficult to throw at them...

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  • Sometime soon

    When Indian lawyers see how many opportunities are presented by international firms it's just a matter of time before they liberalise. The present regime is held up by vested interests dominating law societies, but the vested interests of a minority can't hold back the majority for ever - India is still a democracy, after all.

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  • A&O Strategy

    Wonder whether A&O should be rethinking anout its strategy to pay a premium to only a few owner-partners and expect these owner-partners to deliver a quality team when the market opens up in India. Chances are that they will end up getting just the owner-partners along with a lot of juniors and would have paid a premium for nothing... The strategy of Linklaters seems more prudent in these circumstances.

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  • International law firm

    New lot are fronting for one more international firm. Greed is good.

    Remaining partners are bigger names

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  • All the best

    There's definitely space for more law firms offering quality work to clients. The move should be seen as a gain for the legal sector rather than a good or bad one from individual firms' perspective! We wish Phoenix Legall all the very best!

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  • Factual Inaccuracies

    I am surprised on the comment on how the new firm would survive in the wild. Probably Mr. Anonymous has little knowledge about the capabilities of the 4 partners. If Manjula could bring great success to the Kochhar firm, there is no reason why she cannot do it again with the help of other capable partners.

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  • Factual inaccuracies!!!

    Whoever thinks Kochhar & Co. is where it is today because of MC (oops Manjula Chawla) cant be further from the truth... infact she was the one holding that Firm back with her cynicism...I'm quite curious to see the fate this new baby of Ms. Chawla.

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  • Italy revisited

    the history of globalisation in europe, parts of asia is replete with examples of large teams of quality partners leaving firms to set up on their own or join independant firms, especially when foreign alliances are formed. the culture differences are too stark. the trilegal- A&O example and the exit of a very important part of the firm proves this. as alex pease said, the deal is only with the core partners and, this may actually be part of the grand plan to get rid of non-core partners. this should be a lesson for indian firms seeking alliances as to what is in store for them. trilegal should have done its homework and seen the havoc that A&O caused in italy by destroying many many firms through thier imperialistic strategies. this is just a eye-opener of what happens whilst joining hands with the british.

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  • Both will flourish

    There is no reason why both firms will not flourish.

    Trilegal has built tremendous brand equity in the market and seems to be of the first with a lockstep. People continue to join expecting to become partners.

    The three leavers are decent lawyers and should also do well in a market short of good commercial lawyers.

    Good luck to both!

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  • Survival of Fittest

    Let me clear the misconcepton the US Law Firms have about Indian Law Firms,Indian Law Firms are born out of Batchmates in College leaving a Firm or by a group of youngsters part of a moteher firm starting one.,as the name Phoenix suggests they will come from dust. Unlike US ,Law Firms have no Celebrity status and Phoenix will survive despite all odds as made out in the comments .

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  • Survival

    Survival is not in question...any one with even a law degree can survive in india. The moot question is whether the trio have it in them to run a successful legal enterprise.

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  • Great Team

    It's good for them to move and start afresh. Manjula, of course, is a great leader and she is the store house of corporate knowledge. May be, the equivalent of Zia Mody in New Delhi. Saket is the nice guy with great corporate skills and Abhishek is the smart work horse. All the best for their new venture. I wish them good luck and success.

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  • Great Team

    They are a great team. Knowing them, it is a good decision. Manjula, of couse, is the leader and widely accepted to be the Zia Mody equivalent in New Delhi. There are numerouse law firms run by people whom she trained and nurtured. Saket is the knowledge house and Abhishek is the smart and dedicated work horse. I wish them good luck and success in this endeavour of theirs.

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