Shardul and Cyril Shroff, brothers and former co-managing partners of the now defunct Amarchand & Mangaldas & Suresh A. Shroff & Co., seem to have learned very different lessons from the collapse of what had long been India’s number one law firm.
A disagreement about the distribution of firm equity held by their mother, Bharti, following her death last August resulted in six months of court-ordered mediation and, ultimately, led to the launch of two new firms earlier this month: Shardul Amarchand Mangaldas and Cyril Amarchand Mangaldas. The firms, which are approaching 400 and 600 lawyers, respectively, have been structured intentionally to avoid the mistakes they say led to the widely publicized dispute and forced the breakup of Amarchand.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
