In the midst of this flurry of activity, India Business Law Journal’s editorial team conducted rigorous research to select the winners of the Indian Law Firm Awards. Meanwhile, former Nishith Desai Associates M&A practice co-head Simone Reis and partner Rajesh Simhan jumped ship after 12 years to launch their own firm, Anagram Partners. Veteran lawyers such as MS Bharath bade farewell to Anand and Anand after two decades and launched his own firm, Kria Law. The past year was also a time of soul-searching, risk-taking and departures. And arbitration specialists are primed for a wave of offshore activity as PASL Wind Solutions v GE Power Conversion India paves the way for two Indian parties to an arbitration agreement to opt for foreign-seated arbitration. Lawyers are preparing for the introduction of new data protection legislation and the implications this will have for clients. Competition law experts remain hawkeyed as the regulator scrutinises digital technology businesses. Law firms are poised for the opportunities and challenges ahead as new regulations, regimes and developments come into play. And venture capitalists loosened the purse strings, forking out for controlling stakes in a rich variety of promising businesses. Promoters and their advisers orchestrated landmark acquisitions. Debt market advisers structured innovative issues from India and Southeast Asia. Equity capital market specialists took companies to market and facilitated the creation of multiple unicorns.
Law firms demonstrated their resilience and adaptability, closing deals in record numbers and sizes to the amazement of market observers. A certain lightness brought about by a return to routine has to some degree replaced the heaviness of grief and loss as memories of the pandemic begin to fade. In the past 12 months, India’s lawyers have rediscovered their rhythm. In a celebration of hard work, ingenuity and excellence, India Business Law Journal reveals the winners of the 2022 Indian Law Firm Awards.
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