British commercial law major to expand to India
British commercial law major Beachcroft is entering into a joint
venture in India as part of its international expansion plans.
Beachcroft is entering into a joint venture arrangement with the
Indian business law firm Khaitan Jayakar Sud & Vohra, which has offices
in New Delhi, Mumbai and Kolkata.
The joint venture move is against the backdrop of the likely
liberalisation of the Indian legal market sector in the coming years.
The firm said it had made the move in response to clients' increasing
requirements for legal advice and services across international
boundaries.
Martin Cannon, regional senior partner of Beachcroft's Birmingham
office said: "Increasing numbers of client companies have offices and
strategic partnerships overseas. These exciting new developments will
help us to deliver a competitive, cross-border service focused on key
European jurisdictions and key emerging markets.
"Our international capability will be founded primarily on close
relationships with independent, 'best friend' partner law firms," Cannon
said adding the firm's objective is to carve out a niche in day-to-day
specialist functions with a concentration on our key client sectors,
rather than looking to compete with existing global firms in major
transactional matters.
The company's expansion plans include opening of a new office in
Dublin and a network of affiliations in Europe, he said.
PTI |