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The 10 Rising Law Firm Startups To Watch In 2019

Corporate Lawyers today have stepped up to the task of handling the legal matters of various companies. They might be working in-house with the company or a separate law firm which caters to multiple clients and offers end-to-end solutions. In this issue of Insights Success, we are glad to enlist “The 10 Rising Law Firm to Watch In 2019”.

Corporate Lawyers today have stepped up to the task of handling the legal matters of various companies. They might be working in-house with the company or a separate law firm which caters to multiple clients and offers end-to-end solutions. In this issue of Insights Success, we are glad to enlist “The 10 Rising Law Firm to Watch In 2019”.

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“Cumulation of jobs small and big done well, aggregates<br />

into goodwill and that’s what we are busy working towards”<br />

presently devoid of competition from foreign law<br />

firms. Growth on one side and lack of<br />

institutionalization on the other, sometimes creates<br />

an unhealthy tension for the evolution of the legal<br />

profession and developing a centre of excellence<br />

within the country. This also sometimes results in a<br />

lack of consolidation and over fragmentation in the<br />

market, which is not necessarily good for the legal<br />

industry at large.<br />

Upholding Culture, Achieving Distinction<br />

Veritas Legal has established a Pro Bono Program<br />

to ensure access to justice, promote the rule of law,<br />

provide legal services to those unable to afford a<br />

lawyer, and to assist clients to achieve their<br />

Corporate Social Responsibility objectives. <strong>The</strong> Pro<br />

bono service has been an integral part of the firm’s<br />

culture and is the backbone of the value system,<br />

which is clearly demonstrated from the firm’s and<br />

its lawyers’ involvement in several cases, one of<br />

which includes, being appointed as an Amicus Curie<br />

by the Bombay High Court in a Public <strong>In</strong>terest<br />

Litigation to assist the Division Bench of the High<br />

Court in regard to the issue regarding the right of<br />

inmates to practice their own religion during the<br />

tenure of their sentences in prisons all over <strong>In</strong>dia.<br />

<strong>The</strong> firm has recently announced a 40% average<br />

increase of fixed remuneration across all associate<br />

levels for the Financial Year <strong>2019</strong>-20(Source: IBLJ).<br />

This is a substantial increase and puts a 4-year old<br />

<strong>Firm</strong> significantly in line with the Tier-I law <strong>Firm</strong>s<br />

in <strong>In</strong>dia as far as remuneration is concerned. <strong>The</strong><br />

firm expects to attract even better talent with the<br />

above announcement and has also embarked on<br />

structured internship programs with various law<br />

schools.<br />

“Culture continues to be the cornerstone of our<br />

philosophy, but the remuneration in line with the top<br />

tier of the industry is essential for any platform,<br />

which intends to deliver high quality services to<br />

clients. It has taken us a little time given that we are<br />

only 4 years old, but this move has been on our<br />

mind for a while,” Abhijit expresses.<br />

Exhibiting Prominence<br />

Ÿ RSG <strong>In</strong>dia <strong>To</strong>p 40 <strong>Law</strong> <strong>Firm</strong> 2017<br />

Clients praised Veritas Legal for a number of<br />

reasons, namely, lawyers’ ’exceptional knowledge<br />

of all legal issues’ and ability to provide a<br />

’personalised service’. Some clients commented<br />

on attitudes and culture at the firm, highlighting<br />

trust in its lawyers, their integrity and willingness<br />

to help. Clients also noted the efficiency with<br />

which the firm delivered legal services and<br />

praised its ‘phenomenal work’'<br />

Ÿ Asialaw Profiles <strong>2019</strong><br />

“<strong>The</strong> firm consists of a young team of<br />

professionals who are extremely dedicated to<br />

their clients and have in depth knowledge of the<br />

law as well as the facts. <strong>The</strong> firm is able to<br />

understand the client’s requirements, give<br />

practical advice and adapt to the situation at hand.<br />

Extremely nimble and always on hand, thereby<br />

instilling a great level of confidence in the client.”<br />

– Corporate and M&A, Dispute resolution,<br />

Regulatory<br />

Ÿ Benchmark Litigation Asia-Pacific 2018<br />

“Veritas Legal provides strategic advice and has<br />

business acumen. Further, it is able to deliver<br />

within stringent timelines with high quality advice<br />

and drafting. It also has strong negotiation skills.<br />

<strong>The</strong> firm is very responsive, has strong bench<br />

strength and well-seasoned professionals. Access<br />

to partner time and attention on matters<br />

strengthens clients’ confidence in working with<br />

the firm.” – Commercial and transactions<br />

Ÿ Chambers and Partners <strong>2019</strong><br />

Commentators highlight the team as “an<br />

emerging firm in the M&A space.”

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