New Indian firm to focus on value for clients

December 14, 2012 Former Ernst & Young (E&Y) associate director Gajendra Maheshwari and manager Rajat Bose have launched the new tax and disputes boutique Reina Legal in Gurgaon, after hiring seven associates including a mix of chartered accountants (CA) and lawyers.

Bose explained his motivation for starting the new firm: “We’ve noticed that there are not many law firms in India that can provide quality tax advisory and litigation support and not charge exorbitantly. Of late we have seen that clients are having a lot of issue with the kind of fees the Big Four are charging. With the recession they [clients] have become a bit conservative but at the same time are looking for quality.”

“We are from that market and we understand the level of quality and performance that [clients who instruct the Big Four] expect to get their money’s worth. We are focussing on providing the quality of Big Four at the rates of a mid-sized law firm,” he added.

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