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Future Legal Leaders 2022

50 up-and-coming lawyers who are poised for further success

No escape

By Freny Patel
Uncertain future and heavy taxes may cage aspirations of crypto investors

Overstepping the mark

The requirement to submit a test licence in the drugs and cosmetics rules goes beyond the ambit of the Parent Act, and is a hindrance to R&D for pharma companies, writes Syngene International's Shreekanth Katti

Growing a conscience

Current events dictate that ESG considerations are increasing in importance for companies as well as regulators, warns Ashutosh Senger, lead counsel at Florence Capital

Deals of the Year

The standout deals and disputes of the year, all completed in challenging times

Running with the bulls

By Georgy Thomas
Retail investors help fuel charge in record year for IPOs

Cheques and balances

The number of criminal cases filed against cheque defaulters has overwhelmed India’s judicial system. One obvious solution is to decriminalise what is often a civil dispute, but lawyers aren’t convinced that’s the answer. George W Russell reports

Getting the price right

Annual billing rates survey sees a rebound in legal fees

Return flight

By Freny Patel
Analysis: What propelled Air India’s return to Tata?

Devil in the e-detail

The government is keen to support the growth of online trade, but its draft e-commerce rules could have the opposite effect.

Who’s in control?

The markets regulator has begun a process to move away from the broad concept of promoter to controlling shareholders in order to better identify who’s in charge. Shivanand Pandit reports

Burning question

Do lawyers have a duty to help avert a climate catastrophe?

Keeping up with IP

A panel of Indian experts debate the future of the IP ecosystem in light of monumental developments

India’s top law firm websites

Which firms are achieving the best online engagement?

CSRming the fightback

In-house legal teams have guided companies to understand CSR regulations during the pandemic

Jumping ship

Several senior foreign lawyers with India expertise have joined new law firms of late. Vandana Chatlani explores what is prompting them to move

Half empty or half full?

How are law firms viewing the changing times? Our survey taps their sentiments and outlook for the future

Mapping global expertise

As a wave of dealmaking showcases legal prowess around the world, we reveal the top foreign law firms for India work

No place to hide

After years of freewheeling on light taxes, a global effort is closing in on big tech to extract a pound of flesh

Rupee reboot

With the central bank poised to begin the process of adopting an official digital currency, veteran finance adviser Shivanand Pandit assesses the checks and balances needed to safeguard the process

Gender in justice

Prominent women lawyers in Asia share their experiences of finding success and overcoming gender barriers on the way

Challenging tabooze

A conversation with Anand Vijay Jha, about taking on the challenging task of changing the negative social perception of alcohol among policymakers in India’s 28 states and convincing them to tax beer at a lower rate than hard liquor

Vaccinating your staff?

The government has allowed the private sector to step in and vaccinate staff. Pharma legal expert Shantanu Mukherjee and co-author Sampreetha Kumar explain how to navigate setting up a vaccination facility for your employees

Indian Law Firm Awards 2021

The first wave of the pandemic across India came and went and, at one point, life began again, hope was restored, and work seemed to pick up pace. Many law firms announced new hires and partner promotions, and some opened new offices

Panacea or problem?

SPACS have generated tremendous interest in India, but are these re-emerging investment tools really a practical alternative to IPOs and a panacea for reviving capital markets? And just how tightly should they be regulated?

Tread carefully with TM

By Shreekanth Katti and Harry Jose, Syngene International
Companies need to be cautious about using trademark symbols, as improper use can lead to legal hardship

Call to action

Spiking the debt balloon

Can the government’s plans for a ‘bad bank’ balance the ledgers and deflate the bubble of non-performing assets plaguing India’s troubled financial sector?

Axed!

IP practitioners warn of dire consequences as Intellectual Property Appellate Board gets the chop

International A-List 2021

The top 100 foreign lawyers for India-related matters

Insurance in bloom

Foreign insurers are cautiously optimistic over the decision to allow 74% FDI in the sector

Tax takeaways

The 2021-22 budget was a restrained exercise that prioritised tidying up tax administration, and while the tweaks may not have grabbed headlines, they are sure to have an impact

Future legal leaders

50 up-and-coming lawyers who are making a name for themselves in the profession

Crypto crossroads

A jump in value of bitcoin has sparked renewed interest among investors. How will Indian regulators respond?

Not happy

Amazon isn’t smiling about the Reliance-Future deal, arguing that it will call into question the enforcement of contracts

Deals of the Year

A turbulent year did not deter deal makers and their legal advisers from closing cutting-edge transactions

Secrets to success

The top 10 performance-enabling habits of India’s elite lawyers

The A-List 2020

India Business Law Journal reveals the country’s most recommended lawyers and legal icons in 2020

Will it work?

The government is working to implement newly codified labour laws, but how will they fare in a transformed working environment? Ragini Rastogi reports

Profit v losses

As an elusive covid-19 vaccine draws closer, big pharma is licking its lips at the monetary potential of what could be a virtually limitless ongoing global demand. But governments may use compulsory licensing regulation to tilt the scale towards affordability as the death toll escalates

Protection in paralysis

With India’s legal enforcement machinery neutralised by lockdown, infringement activity has climbed to an all-time high. What can IP owners do to stay afloat?

Crisis point

Faced with the greatest challenge in recent memory, law firms are ripping up the rule book in their battle for survival

Billions on the line

Vodafone has won a crucial arbitration award on huge tax demands, but can the government afford to let this dispute go?

All rise

Advocates and court administrators are navigating the technology and direction of virtual courts like never before, but is enough being done to make these forums smooth and accessible?

Destination disinvestment?

Selling off public sector enterprises could be the key to strengthening a sluggish economy. Will a new privatization drive succeed where earlier attempts have failed?

Evolving doors

A reluctance to opt for litigation during the pandemic has seen new opportunities for arbitrators and other alternative dispute resolution practitioners

Just virtually

The pandemic has pushed courts to undergo a technological evolution, but is it working?

A cut above the rest

The leading international law firms for India-related matters

The power of persuasion

A critical part of a lawyer’s job is being a good negotiator. It requires people skills, well-ordered priorities and a positive approach to doing business

What’s blocking the chain?

Blockchain can be a disruptive technology for the administration of smart contracts in the financial sector if some regulatory hurdles are cleared

Keeping competitors at bay

It is well-settled law that a non-compete obligation in an employment contract in India is unenforceable after termination of the employment. However, an acquirer in an M&A transaction can require a promoter to not compete with the business that he is selling

A tool for financial trouble

Widely reported troubles at Yes Bank, IL&FS, DHFL and others have exposed inadequacies in the insolvency resolution regime for distressed banking and finance companies. Mohit Shukla, the legal head of Barclays India, argues that now is a perfect time to introduce a new composite code to address these shortcomings and rebuild public trust

Surviving a ‘new normal’

India Business Law Journal teamed up with prominent arbitrator Ashok Sharma and a stellar panel of GCs to debate how in-house legal teams should rise to the unprecedented challenges facing Indian companies in a post-lockdown environment

Are you being watched?

Governments adopting trace-and-track apps to prevent the spread of the pandemic have raised questions about the ‘right balance’ between pandemic response and privacy considerations

Slowing the free fall

With the COVID-19 outbreak, the government has introduced a lockdown to limit the spread of the virus among the population, while introducing a raft of measures to protect businesses

Home and safe?

With COVID-19 forcing companies to implement work-from-home policies, Jim Fitzsimmons helps us understand the cybersecurity risks posed by a remote workforce

Indian Law Firm Awards 2020

In this difficult and dynamic environment, India Business Law Journal’s editorial team was once again tasked with selecting the winners of the Indian Law Firm Awards. Our decisions are based on thousands of nominations and endorsements received from in-house counsel, other senior corporate executives and legal professionals around the world, as well as hundreds of submissions from Indian law firms

Shining a light on unsafe practices

Inadequate enforcement of Indian standards has encouraged spurious manufacturers to put unsafe products on the market

Diversity adversity

Supreme Court Justices Dhananjaya Chandrachud and Ajay Rastogi recently passed a ruling that enables women officers to serve as army commanders. The court also granted women officers the right to extended permanent service – a privilege that previously applied only to men. While the order affords women army officers the rights they deserved long ago, it does not fix overnight the backward views and stubborn stereotypes that persist within the corridors of power, be it those in the army or elsewhere.

A new dawn

As employers wake up to the reality of COVID-19, how can they minimize risks for employees and ensure business continuity?

The International A-List 2020

Of the hundreds of lawyers around the world who claim to be India experts, which ones are leading the field? To find out, India Business Law Journal sought answers from a large number of professionals, mainly experienced lawyers at Indian law firms and India-focused in-house counsel around the world.

India unplugged

As the country grapples with the dual realities of Digital India and being the ‘internet shutdown capital of the world’, it analyses a recent Supreme Court judgment challenging blackout actions in Kashmir

Bridges not barriers

Membership of the Regional Comprehensive Economic Partnership would allow India to overcome its stunted trading relationship with its neighbours

Securing the family silver

Why many wealthy Indians are shifting capital overseas

Juggling act

How conflicting interests shaped the data protection bill

Pecking order

This article explores the tensions that arise between the powers of the court in policing the implementation and proper interpretation of the Insolvency and Bankruptcy Code 2016 (code), the limits on the rights of the corporate debtor during the insolvency process, and the powers of the insolvency resolution professional (IRP) in these circumstances

Courting mediation

The Singapore Convention brings hope to businesses looking for a faster route to dispute resolution

Rising Stars 2019

Jostling for position, arguably a useful skill when employed in moderation, has been elevated to a high art form in India, be it on busy highways or in professional life. While six or seven law firms dominate the legal market, a universe of medium and small firms of varying expertise and reputation are elbowing their way forward

In the hot seat

Baker McKenzie’s first Asian global chair discusses India, trade war and the firm’s future

Framing a future

Succession planning at India's iconic law firms

The A-List 2019

The fourth annual edition of the A-List is a continuation of India Business Law Journal’s efforts to recognize India’s most outstanding lawyers. This year, in order to acknowledge the grandees of the legal profession, as well as recognizing our regular 100 A-List of highly talented practitioners, we identify 35 legal “icons”.

A fine balance

Merging the wants of employers and employees is no easy task

State of play

Indian law firms face a daunting pace attack from big accountancy firms amid a slow-wicket economy. On top of this, in-house counsel are facing up to more work internally, leaving less for law firms.

An Asian mosaic

Senior women lawyers across Asia share personal stories of successes, struggles and strategies for a more inclusive legal profession.

The AIs have it

AI's rise demands regulatory reboot

Watch your step

Steering clear of conflicts of interest in private equity

Under attack

In-house counsel snaps back at US IP report's rebuke of India

Leaders of the pack

Against the complex political and economic backdrop, India Business Law Journal reveals the India-related achievements and activities of law firms across the globe

Taking stock

Assessing the impact of GDPR a year since introduction

Wish list

What lawyers want from the new government

In a bind

A blurred demarcation between lawyers and accountants raises interesting questions about the future structure of law firms.

Running in circles

New advertising laws: A move away from self-regulation

Grounded

Why did Jet Airways' creditors stall on initiating bankruptcy proceedings?

Parliament in numbers

A look back at the Lok Sabha's performance in the past five years compared with the two previous terms

Inside out

Complying wtih India's amended insider trading regulations

Weak links

Anti-counterfeiting measures in draft e-commerce policy risk slowing down online trade in India

The battle continues

Candid conversations with women litigators

The International A-List 2019

World's top 100 India-focused legal experts revealed

Risky business

Akhil Prasad: How to implement sound risk management practices

Indian Law Firm Awards 2019

We unveil the country’s top law firms after an extensive survey of in-house counsel and international lawyers

Trolls and trash talk

What to do when staff badmouth your company on social media

A burning issue

Fire safety laws: More than a tick-box exercise

In a soup

The Legal Metrology Department turns up the heat on companies

In sickness & health

ACC's Rajiv Choubey writes on how IBC ties the fate of companies and stakeholders

2018: The year that was

A look back at the major legal developments that dominated headlines

Rising Stars 2018

50 up-and-coming law firms that are making a mark on the legal market

Blowing the whistle

How HR and legal departments should work together to resolve harassment complaints

Weighed down

Looking beyond the law to ensure gender parity

A call to arms

#MeToo movement reignites debate on sexual harassment in the workplace

Deciphering data privacy

Forging a new path for data localization

Law firm billing rates survey 2018

Hourly fees are up, but clients still call the shots

The A-List 2018

India's most recommended lawyers revealed

Fighting for control

Two regulators tussle over jurisdiction

Lending a hand

Gauging the role of social responsibility in law firms

Parliament: the monsoon session

New legislation from parliament’s monsoon session

Immoral compass?

When the patent office acts as India’s conscience

The state of India’s legal market

An assessment of the prevailing trends in the legal profession

Open market for fake goods

The current system does not create a sufficient deterrence to counterfeiters

A touch of disruption

The legal sector must prepare for the growing commercialization of AI and blockchain technology

Hitting the mark

With managing partners being primary rainmakers, are revenue targets useful for lawyers?

Caught in the firing line

How law firms and in-house teams avoid conflicts of interest

Skipping justice

What an English court's decision means for tycoons on the run

One head, many hats

A modern-day general counsel’s role goes much beyond a lawyer on a payroll

High fliers

Top foreign law firms for India-related work

Locked in

How EU’s GDPR affects Indian companies

Most Recent

Correspondents

Delhi High Court anti-arbitration injunction Singapore

India to be an outlier in dispute resolution

By Sneha Jaisingh and Rasika Alur, Bharucha & Partners
Stablecoin dollarisation in India

Digital dollar may come for your currency

By Rishi Anand, Chirag Jain and Drishti Jain, DSK Legal
Strategic investor definition for REITs and InvITsvideo

Reforms widen REITs and InvITs investor base

By Parag Bhide, Bharucha & Partners

Features

Delay in India data protection law

Why the wait?

Delayed implementation of the Digital Personal Data Protection Act sees Indian businesses struggle with compliance

Harvey’s passage to India

AI company's co-founder and CEO Winston Weinberg reveals India's role in his global ambitions

Proactive legal teams

Amplifying legal’s voice

KPMG’s associate GC, Priya Bahl, shows the way for in-house teams changing to be proactive for better future

Expert Briefings

Reshaping employment covenants

Reshaping employment bonds and restrictive covenants

By Ravi Singhania, Jivesh Chandrayan and Neha Meena, Singhania & Partners

Courts place a growing emphasis on contractual fairness when enforcing employment agreements

India-UAE CEPA Trade Agreement

In the fast lane

By Ahmed Ziad Galadari, Manish Narayan and Antara Das, Galadari Advocates & Legal Counsultants

The India-UAE CEPA has set a benchmark for modern trade agreements, yielding benefits in many sectors

Reverse Flipping India

The great Indian homecoming: Why startups are back

LexStart Partners explain the recent trend of Indian startups shifting their base back home

Opinion

Air Passenger Rights India

Flight protections need legal upgrade

Aviation attorney writes that India needs a dedicated law to protect the rights of passengers facing flight disruption

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