Allen & Overy and Indian firm Trilegal end alliance

The five-year alliance between Allen & Overy and Indian corporate law firm Trilegal has come to an end, with both firms concluding that they are better off on their own in light of the Indian government’s reluctance to open the sector to foreign firms. "We believe our relationship with Allen & Overy has been of great benefit to both firms," said Anand Prasad, senior partner, Trilegal. "But both sides agree that, in the absence of liberalisation, each firm stands a better chance of increasing its market share by broadening our options for collaboration in the market."

economictimes.indiatimes.com Allen & Overy and Indian firm Trilegal end alliance
Thu, Sep 27, 2012 economictimes.indiatimes.com