Indian Law Firms Begin Strategic Consolidation Amid Global Legal Merger Wave
India’s legal landscape is witnessing the early stages of a consolidation wave, inspired in part by a historic merger between international giants Herbert Smith Freehills and Kramer Nevin Naftalis & Franklin. Their union, creating a $2 billion, 2,700-lawyer firm with 26 global offices, has set a precedent in the legal world. While its direct impact on India may be limited in the short term, top-tier Indian law firms are quietly entering their own era of transformation. Indian firms such as JSA, Khaitan & Co (KCo), Cyril Amarchand Mangaldas (CAM), and DSK Legal have begun actively hiring high-profile legal talent along with their teams. The approach is clear: build scale, enter new verticals rapidly, and strengthen specialised capabilities. Neha Sharma of legal consultancy Avimukta notes, “This isn’t just headcount growth — it’s strategic capability building.” Firms are acquiring rainmakers to instantly expand or reinforce niche sectors. JSA, for example, recently brought on equity partners from firms like Shardul Amarchand Mangaldas, Trilegal, Indus Law, and S&R Partners — with entire teams and client books. Similarly, CAM has rapidly expanded its capital markets, M&A, and TMT practices with key hires from Indus, Luthra & Luthra, and Trilegal. Khaitan & Co has also bolstered its employment law vertical with strategic lateral hires, underscoring its opportunistic approach to top-tier talent. According to Amar Sinhji, the firm is betting on scale, depth, and culture as critical levers in a globally competitive environment. Legal experts agree: consolidation is no longer a luxury but a necessity. As India’s economy grows and deals become more complex, law firms are preparing to offer full-spectrum services across sectors, backed by the best minds in the business. Source: financialexpress
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