Indian firm Cyril Amarchand Mangaldas has been at the forefront of legal industry developments. Last month, the firm hired a team of over 50 capital markets lawyers from rival IndusLaw, effectively depleting IndusLaw’s capital markets team. The firm has also aggressively hired lateral partners from other competitors. Cyril Amarchand’s growth trajectory mirrors India’s economic expansion, according to managing partner Cyril Shroff. Despite its rapid growth, the firm has opted to say ‘no’ to foreign alliances and mergers, focusing instead on organic expansion. For full details, visit the original article here.
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