The Amarchand split

May 2015 saw the split of the largest law firm in India, Amarchand & Mangaldas & Suresh A Shroff & Co. The firm has split into two competing firms by the brothers: Shardul Amarchand Mangaldas & Co. (SAM) and Cyril Amarchand Mangaldas (CAM). The split has resulted in some upheaval in the Indian legal market.


The most immediate and noticeable changes from the split has been the movement within the industry of both lawyers and clients. The movement of lawyers have affected both those at the top of their legal career and junior lawyers. This has had a major impact on small and medium-sized firms that do not have the ability to pay the larger salaries being offered.


Secondly, the competition of the brothers has had a beneficial impact on clients with the reduction in fees. Our research shows that fees have fallen across the market. Mid-sized firms are more affected by this with the larger overheads they carry than smaller firms.



So far, the winner is AZB & Partners who entered the top spot in the ranking for the first time. However, this is still unsettled. The brothers are hoping that this competition and its subsequent effects on the market will allow one of them to become the reigning champion of the RSG top 40 once again. We will have to wait until the next report to see who will win this battle.