Akil Hirani quoted by moneycontrol.com on what kept law firms going during the pandemic

by | Jun 1, 2022

Akil Hirani, Managing Partner at Majmudar & Partners, was quoted by moneycontrol.com on what kept law firms going during the pandemic.

“Essentially, during the first lockdown, new business and briefs stopped coming in at law firms and most busied themselves clearing existing pending work. While this work was sufficient for some firms, many faced hardships.”

The firm saw demand for advisory work in areas such as technology, pharmaceuticals, life sciences, employment law, financial restructuring, to name a few, after the first lockdown.

 “Like many other firms, I imagine we have ended the year pretty well and have had a pretty good financial year in the second year of Covid,” says Akil.

Majmudar & Partners also credits a number of Initial Public Offerings as well as work involving securities law and restructuring exercises for keeping the firm busy during the second year of the pandemic.

Read the full article here.

More News

India – Employment Law update

In a bid to woo new manufacturing businesses to the state of Karnataka, including the likes of Foxconn (which is Apple’s supplier), the state legislature passed the Factories (Karnataka Amendment) Bill, 2023 to amend the provisions of the Factories Act, 1948 (as...

read more

India’s legal market opens up for foreign lawyers

The Bar Council of India (BCI) has, recently, permitted foreign lawyers to practice foreign law in India in non-litigious matters, subject to compliance with BCI’s registration guidelines.  However, appearing in Indian courts, as also advising on real estate...

read more

IBLJ A-List 2022-2023

We are pleased to announce that Akil Hirani, Rukshad Davar and Neerav Merchant have been included in India Business Law Journal's A-List for 2022-2023. The A-List is based on extensive research conducted by India Business Law Journal. To determine India’s...

read more