IBLJ Law Firm Awards 2025 | Law.asia




IBLJ
Law Firm Awards

2025

India’s definitive legal awards celebrate innovation, expertise and excellence

6 May 2025

it has been a big year for Indian law firms. A dynamic economy saw frenzied dealmaking, a booming IPO market and robust growth across diverse sectors, including finance, technology and renewable energy. At the same time, a slew of new rules and regulations, notably the new data privacy regime, revised Competition Commission of India notification thresholds and amended Insolvency and Bankruptcy Board of India regulations, stimulated demand for sophisticated legal advice – all while the spectre of AI threatened to upend law firms’ business models and drive forward the modernisation of the legal profession. Some law firms excelled in embracing these challenges. Others did not. However, many firms racked up a significant number of notable achievements.

I-Bobby-Majumder

India Business Law Journal’s Law Firm Awards celebrate these achievements. This year, Cyril Amarchand Mangaldas takes the coveted award for Law Firm of the Year for its comprehensive excellence across multiple practice areas and innovative approach to legal service delivery. Six standout law firms are recognised as Best Overall Law Firms: AZB & Partners, Cyril Amarchand Mangaldas, JSA, Khaitan & Co, Shardul Amarchand Mangaldas & Co and Trilegal – each demonstrating a remarkable breadth of expertise and consistent excellence in client service.

Our awards span 38 practice-area categories, reflecting the increasingly specialised nature of legal work in India’s maturing market. There are seven winners of equal standing in most award categories. To better reflect the depth of expertise in the market, certain categories have been divided into two tiers: one for firms with 100 lawyers or fewer, and the other for firms with more than 100 lawyers. This has enabled us to recognise the vital contributions of several mid-sized and boutique firms, whose focused expertise and client-centric approaches offer compelling alternatives in an increasingly competitive market.

Our judging process involved careful analysis of thousands of nominations from in-house counsel, corporate executives and legal professionals worldwide, as well as detailed submissions from Indian law firms across the spectrum. Meanwhile, our editors contacted more than 1,000 client references for independent assessments of candidate law firms. More information on the judging methodology can be found here.

Awards highlights

Our Law Firm of the Year, Cyril Amarchand Mangaldas, impressed clients with its comprehensive expertise across multiple practice areas. I Bobby Majumder, a partner at Frost Brown Todd, praised them as “smart lawyers, practical and possessing deep domain knowledge”, specifically highlighting Manan Lahoty and Anu Tiwarai for providing “bespoke solutions”. Read more here.

Meanwhile, Shardul Amarchand Mangaldas & Co – which took the Law Firm of the Year crown in 2023 and 2024 – performed strongly once again, receiving praise from Shivli Katyayan, head of legal affairs at Razorpay, for its “comprehensive, 360-degree legal coverage, coupled with unmatched expertise in tackling complex matters”. Prateek Shroff, senior vice president at Brookfield Asset Management, called them “a great firm, with good partners”. Read more here.

Prateek-Shroff

AZB & Partners, another recent winner of Law Firm of the Year, scored accolades across numerous categories, with Amit Aggarwal, senior vice president at Hero Enterprise, noting that the firm “has some of the finest lawyers in the country, and the teams are very knowledgeable, practical and solution-oriented”. Smita Thakur, head of legal at ANZ Banking Group, called them “indepth” and “pragmatic”. Read more here.

 

Khaitan & Co demonstrated excellence across practice areas ranging from AI to tax. Vinayak Mishra, general counsel at Lightspeed Venture Partners, praised the firm as “exceptional”, specifically commending Nidhi Killawala and Bharat Anand for their “hands-on approach, availability, ability to zoom in and zoom out and talk on commercial matters in a deal with the same comfort as legal matters”. Read more here.

IBLJ FOTY 2025 Bharucha & Partners
IBLJ FOTY 2025 IBLJ Linkedin
IBLJ FOTY 2025 BMR Legal

Vardaan-Ahluwalia

JSA also garnered recognition for its diverse capabilities. Kenneth Chuah, principal at Baker McKenzie Wong & Leow, recommended Anish Mashruwala for being “technically very sound, has deep insight and also understands the commercial needs of the clients”. Narayan Kedia, head of legal and corporate affairs at Sammaan Capital, praised their “deep expertise and proven track record in handling sophisticated capital markets mandates”. Read more here.

Trilegal earned plaudits for the sophistication of its legal work. Bharat Vansh Bahadur, general counsel at Akasa Air, lauded their “astute and hard-working M&A team led by Kunal Chandra” as well as Ashish Bhan and Ayush Mitruka for “strategic litigation advice”. Vardaan Ahluwalia, general counsel at Premji Invest, highlighted their “proactive approach” and “innovative solutions”. Read more here.

IBLJ FOTY 2025 Crawford Bayley
IBLJ FOTY 2025 Kanga & Co
IBLJ FOTY 2025 Khaitan & Co

Excellence across categories

Tarun-Mutreja

Despite being best known as an IP powerhouse, Anand and Anand racked up awards across multiple categories, including AI and Media & Entertainment, as well as for IP Enforcement and Protection. Tarun Mutreja, director at Bentley Systems India, described the firm as “a premier law firm for all IPR matters”, with “expertise… par excellence”, adding that they “have been successfully leading the copyright actions on behalf of Bentley Systems in India”. Read more here.

IndusLaw impressed with its diverse capabilities spanning AI, Banking & Finance, Data Privacy and more. Dipen Shah, head of corporate development at Quanthiphi, praised their “impeccable quality of service”, while Narayan Kedia at Sammaan Capital noted their “sectoral knowledge and robust legal advisory capabilities” and “proactive approach, strong client servicing and turnaround timelines”. Read more here.

IBLJ FOTY 2025 India Juris
IBLJ FOTY 2025 IBLJ Linkedin
IBLJ FOTY 2025 PLR Chambers

Valentina-Sarrocco

DSK Legal received recognition for its work in Arbitration, International Trade, Litigation, Media, Real Estate and White-Collar Crime. Madan Mohan KR, director of legal and compliance at Air Liquide, called them a “good law firm to deal with”, praising their “aggressive” approach and “practical, knowledge-based and deep-rooted conviction to get you the best result”. Read more here.

Meanwhile, highly respected Mumbai firm TT&A was awarded for excellence in Banking & Finance, Infrastructure & Project Finance, Mergers & Acquisitions and Private Equity & Venture Capital. Valentina Sarrocco, general counsel of insurance regions at Generali, called it “an outstanding law firm with deep expertise in navigating the complexities of multinational businesses. Read more here.

Economic Laws Practice won awards for International Trade, Policy & Regulation, Shipping & Maritime and Taxation. Aditi Gopalakrishnan, senior competition counsel at Google, said, “They have an excellent competition team that advises us on several aspects of our cases and strategy”, especially praising Ravi Nair and Parth Jha for “sound counsel” in “Android mobiles competition litigation in India”. Read more here.

Nishith Desai Associates was honoured across numerous categories, including Data Privacy, Internet & E-Commerce, Life Sciences and Technology. Majumder of Frost Brown Todd described them as “our go-to tax partners”, adding, “He’s been doing it for a long time and his firm works very well with international clients”. Read more here.

IBLJ FOTY 2025 PSA
IBLJ FOTY 2025 Singhania & Partners
IBLJ FOTY 2025 Solaris

Lakshmikumaran & Sridharan Attorneys gained recognition in Competition & Antitrust, IP Enforcement, International Trade and Taxation (Direct) and Taxation (Indirect). The firm has expanded significantly, hiring more than 150 professionals and achieving near-equal gender representation. Read more here.

Nitin-Sharma

Saraf & Partners was awarded for excellence in Banking & Finance, Bankruptcy, Fintech and Life Sciences. The firm has established new offices in multiple cities and collaborated with Microsoft to integrate generative AI technologies into its operations. Read more here.

SNG & Partners was honoured in Capital Markets, Private Client Practice and Real Estate. Aviroop Dutta, senior vice president at Axis Bank, described them as a “reputed and trusted law firm”. Read more here.

Phoenix Legal distinguished itself in Banking & Finance, Bankruptcy, Energy, M&A and Shipping. Majumder of Frost Brown Todd praised them as “great teams run by Abhishek Saxena… they deliver on time, and they do it with a great cost/benefit calculus”, while Nitin Sharma at Nippon Audiotronix highlighted their “highly professional work and wide domain knowledge”. Read more here.

IBLJ FOTY 2025 TMT Law
IBLJ FOTY 2025 IBLJ Linkedin
IBLJ FOTY 2025 Tuli & Co

Rising Stars

Several newer firms made notable impressions. Boolean Legal, founded just a year ago, won in both the Artificial Intelligence and Best New Law Firms categories. Aayush Ghosh Choudhury, co-founder and CEO at Scrut.io, called Boolean Legal “the most professional firm I have worked with”, particularly praising Lalu John Philip for his “breadth of understanding across a wide range of topics”.

Emerald Law Offices achieved recognition as one of the Best New Law Firms and won in the Real Estate category, while Janssen-Sanghavi & Associates, Areete Law Offices and Spectra Law were also acknowledged among the Best New Law Firms.

Happy clients

Client testimonials highlighted the profound impact of quality legal advice. Speaking about AnantLaw, Sharan Monga, a director at Dobtho, remarked that they are “the only firm who avoids legal jargon but explains the risks of a commercial transaction… in verbiage that is comprehensible to business minds”.

Wadhwa Law Offices earned praise from Shankar Prasad, founder at Pureplay Skin Sciences, who said, “We’ve worked with WLO on a variety of matters ranging from IP to transaction support. I find them client-centric, accurate and also pragmatic”, specifically recommending Adarsh G for being “always available, willing to help and gives a considered view”.

IBLJ FOTY 2025 Vashi and Vashi
IBLJ FOTY 2025 Vertices
IBLJ FOTY 2025 Wadhwa Law Offices

The voices of many more happy clients are heard in the sections that follow. Click on the award categories to reveal the winners, and on the law firm names to read about each firm’s achievements and – in many cases – see testimonials from their clients and fellow professionals who nominated or endorsed them.

JUDGING THE AWARDS

India Business Law Journal’s Law Firm Awards have been presented annually since 2009. The results are based on nominations and qualitative information received from in-house counsel and other senior corporate executives in India and around the world, as well as from India-focused lawyers at foreign law firms. Submissions from Indian law firms contributed to the judging process.

A nomination form was posted on our website in February and March and shared widely by email and social media. Nominations were received from hundreds of Indian and international companies and international law firms, including: Adani Group, Agility Ventures, Air Liquide, Akasa Air, Ansal Properties & Infrastructure, Australia and New Zealand Banking Group, Axis Bank, Axis Max Life Insurance, Bafna Realty, Bajaj Capital, Balaji Infra Projects, BC Jindal Group, BharatPe, Bharti Enterprises, Billion Broadcasters, Bird & Bird, BizzHub Ventures, Blue Star Limited, Bombay Stock Exchange, Brookfield Advisors India Private Limited, Chaitanya Energy, Davies Collison Cave, DBI Capital Markets & Securities, Delta Corp, Divyanshi Aviation Services, Eros Group, Foley & Lardner, Frost Brown Todd, Garg Healthcare, GlaxoSmithKline, Global Wind Infrastructure & Services, Government of Himachal Pradesh, GrowthAXL, HCL Technologies, Hero Enterprise, Honda, IDRCL (India Debt Resolution Company Ltd), Indian Hotels Company, Isuzu Motors, ITI Growth Opp Fund, K Raheja Realty Group, Kanwar Enterprises, Lemontree Hotels, Lions Clubs International, Longan Law Firm, Malhotra Group, MapmyIndia, Mastercard, Metro Brands, Mishcon de Reya, Mondelez, Morgan Lewis & Bockius, Music Broadcast Limited, Narayana Health, Nippon Koei, Nordex, Norton Rose Fulbright, ONGC Videsh, Oryxion, Patanjali Foods, PayTM, Pegasus India Evolving Opportunities Fund, Pinsent Masons, Razorpay, Restaurant Brands, Rico Auto Industries, Sammaan Capital, Seville Food Products, Shapoorji Pallonji Energy, Shipping Corporation of India, SpiceJet, Star India, Sterlite Power Transmission, Super Smelters, Tata Chemicals, Tata Communications, Vandana Aircraft Services, Verder Group, Vilela Coelho, VizPay, Voltas, Wellspring Healthcare, Women in Sport India, Yes Bank and many more.

Indian law firms were not permitted to make nominations. However, all major Indian law firms were invited to make submissions in support of their candidacy for awards. The submissions included details of the firm’s achievements in law firm development and in key practice areas, as well as a peer assessment. These submissions, combined with reference checks and research by IBLJ’s editorial team, played a supporting role in the judging process. All Indian law firms were automatically eligible for inclusion in the awards process, regardless of whether they made a submission.

 

As always, there were no entry fees, submission charges or any other requirements for entry. There is also no awards dinner that winners are required to pay to attend. There are seven winners in most categories, six Best Overall Law Firms and one Law Firm of the Year. To better reflect the depth of expertise in the market, certain categories have been divided into two sections: one for firms with 100 lawyers or fewer, and the other for firms with more than 100 lawyers.

It is important to note that the IBLJ Law Firm Awards are not comprehensive rankings of the leading law firms in each practice area. While rankings typically list all the top-tier firms in each category, each of our awards has a limited number of winners. As a result, many leading law firms do not win awards, and their absence does not reflect negatively on their achievements and expertise.

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