Moving further on from its origins as a specialist tax and litigation practice, New Delhi-based Lakshmikumaran & Sridharan (L&S) opened an office in Gurgaon on 18 May – its fourth in the national capital region.
Three equity partners, Seetharaman S, Mathivanan N and Vijaya Sampath, have moved to the new office, which will focus on corporate advisory work.
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L Badri Narayanan, a New-Delhi based partner, told India Business Law Journal that with “significant revenues” coming from the firm’s corporate advisory and consulting work, there was a need to be in Gurgaon to be closer to corporate clients. He added that L&S had previously “resisted the temptation” to set up in Gurgaon as the firm’s focus until the past few years had been its tax and litigation practices and so it had wanted to remain close to the courts in New Delhi.
The Gurgaon office currently has around 20 lawyers and can accommodate up to 60. V Lakshmi Kumaran, the firm’s managing partner, said the new office is equipped with “state-of-the-art infrastructure to support and strengthen” the firm’s practice in North India.
L&S has almost 300 lawyers and offices in 10 locations, including an office in Geneva that was set up in 2014.
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