Lakshmikumaran & Sridharan set to launch in Kolkata
Lakshmikumaran & Sridharan is set to launch an office in Kolkata after the hire of former Amarchand Mangaldas partner Niloy Pyne. Pyne left Amarchand in July 2012 to practice independently.
Pyne indicated that the Kolkata office would launch with a team of around 10 to 12 lawyers, and he has plans to expand: “For the time being, if you look at all the firms in Kolkata none of them have a strength of more than 40. So the Kolkata market for the time being should not cater to more than 20 or 30 lawyers [in a law firm], even keeping the East and the North East in mind.”
Asked how big he expects the office to be in five years, Pyne said: “For Kolkata, 30 is just perfect”.