The addition of new partners and counsel brings the firm’s leadership strength to 200 partners and 25 lawyers and the total bench strength to 880 lawyers, giving it the distinction of becoming the first Indian law firm to reach a double century-partner count.
“A leadership team of 200 partners is a major milestone for us and a symbol of our tremendous growth journey,” said Hargrave Khaitan, Senior Partner, Khaitan & Co. “While we have an old legacy behind us, we stay young in our mindset and look to our young partners to keep us fit on this journey.”
The legal expenditure of listed Indian companies during the financial year ended March 31, 2021 was reported to be Rs 36,973.75 crore as per their annual report. It is expected to grow significantly during FY 2022 due to increase in overall business activities including M&A, IPO and other general policy and corporate advisory functions.
In July 2020, Khaitan & Co became the first Indian firm to cross the 150-partners mark.
“Most of our partners are domestic and will uphold our unique culture and value systems,” said Amar Singhji, executive director of human resources at Khaitan & Co. and steady growth for more than 110 years.”
Established in 1911 in Kolkata (then Calcutta), the firm currently has offices in New Delhi, Noida, Bengaluru, Chennai and Singapore.
According to Neha Kashyap, founder of Gray Matter, a consultant to law firms, the country is now a $3.1 trillion economy and is expected to grow over $5 trillion. Kashyap said, “We will need many more such firms in the near future which are growing to the level when the overall economy is growing so fast.” “For Khaitan, the strong partnership of 200 personnel will not only make it easier for customers but will enable a niche for each with respect to practice areas and industry sectors.”
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