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

Legal Era 2024-25 rankings

We are pleased to share that Akil Hirani, Managing Partner and Head of Transactions, Rukshad Davar, Partner and Head - M&A Practice Group, and Ravi S. Raghavan, Partner - Tax and Private Client Group, have been recognized as leading lawyers by Legal Era in their...

read more

US Fiscally Transparent LLC qualifies as a US Tax Resident

The Indian tax authorities have denied treaty benefits to fiscally transparent entities such as foreign partnership firms and limited liability corporations (LLCs) on the ground that such entities are not liable to tax in their home country and do not qualify as tax...

read more

ITR World Tax 2025 Rankings

We are pleased to share that we have been ranked by ITR World Tax in the practice areas of General Corporate Tax, Indirect Tax and Transfer Pricing. Akil Hirani, Managing Partner and Head of Transactions, and Ravi S. Raghavan, Partner - Tax and Private Client Group,...

read more