TRILEGAL
Law firms make a strong case for rehiring seasoned hands
Leading Indian law firms are increasingly rehiring former lawyers, a trend dubbed "boomerang hiring," to combat intense competition for legal talent. This strategy offers firms reduced onboarding costs and risks, while returning lawyers gain comfort and growth. Firms view this talent mobility as a positive professional cycle, strengthening their partnerships and endorsing their culture.
US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantage
US restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantage for Indian enterprises and IT service providers. This exclusion, particularly from Fable 5's coding capabilities, raises concerns about digital equity and strategic dependency, as Indian data contributed to the models' value.
SC ruling seen shaping Sebi’s fraud-finding frame
In a ruling, the apex court had said that investor injury alone can establish fraud, although the loss isn’t quantifiable
Chinese Wall may stem India tech flows for electronics and automobile
New Chinese regulations on technology transfers may affect India's electronics and automotive component manufacturing plans. Indian companies are seeking clarity from Chinese partners. Executives fear delays in crucial areas like display manufacturing and electric vehicle components. While some expect minor delays, others foresee significant disruptions in talent flow and joint ventures.
AI to turbocharge patent creation at India tech hubs, executives say
Indian technology hubs are becoming major innovation centers. Global companies anticipate AI will speed up new product and intellectual property creation. This development is transforming routine tasks into complex work. India's skilled workforce and cost advantages continue to attract investment. Despite regulatory hurdles, patent filings are rising, indicating a growing contribution from these centers.
Former Dentons Link Legal partner Kshama Loya launches boutique arbitration chambers
Kshama A Loya has launched a specialist arbitration practice in Mumbai. She previously worked as a partner at Dentons Link Legal. Loya will focus on domestic and international commercial arbitration. Her expertise includes investment treaty disputes and enforcement of arbitral awards.
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Deloitte India could lead professional services space soon: Romal Shetty
Deloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platforms and innovation-led businesses — and that it is building the business of tomorrow today.
Trilegal names Ex-Visa India Head Sandeep Ghosh as first CEO
Trilegal, a leading Indian law firm, has appointed Sandeep Ghosh as its first CEO, marking a significant shift towards non-legal leadership. Ghosh, with extensive experience in banking and financial services, will drive strategic priorities and growth. This move signals the firm's commitment to adapting to evolving client expectations and technological advancements in the legal industry.
Local legal eagles answer the 130-billion-dollar questions
Indian law firms are busier than ever, advising on thousands of deals worth billions. This activity spans mergers, private equity, and venture capital. Lawyers anticipate continued momentum this fiscal year and the next. Companies are using M&A for business rearchitecting and capability acquisition. Overseas acquisitions are also increasing, requiring strategic legal counsel.
HC protects MP Shashi Tharoor's personality rights, directs removal of deepfake video
The Delhi High Court has protected Congress MP Shashi Tharoor's personality rights. The court ordered X to remove an AI-generated deepfake video showing him praising Pakistan. It also restrained the misuse of his name, image, and voice for any purpose. Meta was asked to keep certain Instagram reels inaccessible. This order safeguards Tharoor's reputation and India's international standing.
Bombay HC quashes FIR against Sashidhar Jagdishan, calls it ‘abuse of criminal process’
The Bombay High Court has quashed a police complaint against HDFC Bank MD Sashidhar Jagdishan. The court found the FIR to be a counterblast to recovery proceedings. It stated that the complaint lacked justification for investigation. The court also noted the matter stemmed from civil disputes and recovery actions.
HDFC Bank's review finds no major governance concerns after chairman Atuna Chakraborty's exit, sources say
HDFC Bank's governance review is nearing completion. Law firms are expected to report no significant issues. This development paves the way for the reappointment of CEO Sashidhar Jagdishan. The Reserve Bank of India is reportedly comfortable with this decision. The bank's stability is crucial for the Indian economy. This news has positively impacted the bank's stock.
HDFC Bank shares jump over 3% as report finds no governance concerns post chairman exit
HDFC Bank shares surged over 3% following a Reuters report indicating independent legal reviews found no major governance lapses. This eases investor concerns and clears the path for CEO Sashidhar Jagdishan's reappointment, following the chairman's earlier resignation. The findings are expected to be submitted to the board and the RBI, restoring confidence amid the bank's ongoing merger integration.
Rajasthan Royals sold for $1.65B to Mittal-Poonawalla consortium
A consortium led by the Mittal family and including Adar Poonawalla will acquire Rajasthan Royals for $1.65 billion. The Mittal family will hold a majority stake. This deal follows a previous failed sale. The transaction includes overseas franchises. Approvals are pending, with closure expected in the third quarter of 2026. New investors will join the board.
TCS Nashik case: A timeline of key developments and probe details
TCS Nashik case: IT major Tata Consultancy Services is facing scrutiny after serious allegations surfaced at its Nashik facility. The case centres on accusations of sexual harassment, workplace coercion and pressure linked to religious conversion at the company’s Nashik unit.
'Cases involving religious conversion wouldn't be tolerated': Maharashtra CM Fadnavis on Nashik TCS case
Maharashtra Chief Minister Fadnavis on Saturday chaired a review meeting of the Home Department over the Nashik conversion case, saying that religious conversion cases would not be tolerated under any circumstances.
4-member panel with retired judge, ex-IPS officer to probe Nashik TCS case
A Fact Finding Committee has started its inquiry into serious allegations at a TCS office in Nashik. The committee will speak to all parties involved before releasing any details. This comes as protests continue and authorities investigate the matter. TCS is cooperating with the investigation, which is looking into potential forced conversion and sexual harassment.
No formal complaints found in Nashik preliminary review, says TCS
Tata Consultancy Service said on Friday that it has not received through its official reporting systems any formal complaints of the nature that are being alleged. The company said it has engaged a team of experts from consultancy firm Deloitte and law firm Trilegal as independent counsel to the internal investigation led by chief operating officer Aarthi Subramanian.
TCS denies Nashik facility shut down; brings in Deloitte, Trilegal for probe
Tata Consultancy Services (TCS) on Friday dismissed reports that its Nashik facility has been shut down, asserting that the unit “continues to operate and serve clients” even as investigations intensify into the ongoing controversy.
TCS Nashik case: IT giant denies Nida Khan held HR role, appoints Deloitte, law firm to assist internal probe
Tata Consultancy Services is investigating serious allegations of sexual abuse and coercion at its Nashik facility. The IT major has appointed external experts and an oversight committee to review the probe. TCS stated its Nashik operations remain unaffected and denied specific media reports. The company emphasized its zero-tolerance policy for misconduct and is cooperating with law enforcement.
JSA strengthens corporate practice with senior lateral hires from CMS IndusLaw
Three equity partners from CMS IndusLaw, Siddharth Manchanda, Rashi Saraf, and Minhaz Lokhandwala, are moving to JSA Advocates & Solicitors, bringing approximately 18 associates and one retainer partner. This significant addition will bolster JSA's legal team to over 700 professionals, enhancing its corporate practice and client offerings in a consolidating market.
HDFC Bank chairman Atanu Chakraborty quit due to 'power struggle' with CEO Sashidhar Jagdishan: Report
HDFC Bank's chairman Atanu Chakraborty resigned abruptly due to a power struggle with CEO Sashidhar Jagdishan, stemming from strategic disagreements and governance issues. The dispute intensified over the CEO's reappointment, raising concerns about leadership stability at India's largest private lender.
Inside HDFC probe: Boardroom tapes, minutes, whistleblower letters under lens in Chakraborty's exit case
HDFC Bank has engaged domestic and international law firms to investigate the reasons behind former chairman Atanu Chakraborty's sudden departure. The review will scrutinize board meeting records and whistle-blower complaints. This proactive step aims for an objective assessment of the issues raised. The bank is committed to upholding high governance standards.
In India's Rs 1 .5 lakh crore IPO boom, check which law firms earned the highest bills from companies
Large IPOs above Rs 5,000 crore attracted legal fees in the range of Rs 6–20 crore, depending on complexity. For mid-sized issues between Rs 1,000 crore and Rs 5,000 crore, lawyers billed in the range of Rs 3–8 crore per deal.
Law firms need to rethink strategy for AI era with focus on innovation and governance
Trilegal is strategically positioning itself as an innovation-driven platform amidst the evolving Indian legal sector and the entry of global firms. The firm is focusing on technology adoption, particularly generative AI, to enhance efficiency and client service.
Trilegal boosts disputes arm with IndusLaw duo: Jajoo & Gandhi join with team
Amit Jajoo and Sushmita Gandhi, litigation and dispute resolution partners from IndusLaw, are set to join Trilegal along with their team of a dozen lawyers. This move strengthens Trilegal's dispute resolution practice, adding depth of expertise with experienced professionals. Trilegal is expanding its litigation capabilities amidst anticipated growth in dispute resolution work.
Law firm Trilegal’s partner Nisha Kaur Uberoi to join JSA with 25-member team
Nisha Kaur Uberoi, head of Competition law at Trilegal, is set to join JSA with her team of 25 attorneys. This move aims to strengthen JSA's position in Competition Law and enhance their corporate and disputes practices.
Trilegal leases 40,000 sq ft in Delhi, companies focus on return to work
A third of the quarter’s leasing (Jan-March) comprised of large transactions (above 100,000 sf) across micro-markets in Gurugram and Noida with some occupiers also locking hard options for future expansion plans, according to consultants.
Trilegal ends its five years alliance with US-based law firm Allen & Overy
Allen & Overy and Indian corporate law firm Trilegal ended their five years alliance as the government's restrictive policy on overseas firms limited growth.
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