4-5 Gray’s Inn Square has merged with Public law set Atlas Chambers in a bid to boost headcount following a swathe of barrister exits late last year.
The tie-up will see Atlas director John Lister and his team of eight barristers move in with 4-5 Gray’s Inn Square, which was hit by the exit of 24 members including seven QCs, in November last year (See: 39 Essex Street takeover heralds new dawn) and a further four clerks earlier this year. Both groups joined 39 Essex Street.
Despite a raft of international alliances and the growing globalisation of Indian business, the opening up of India’s legal market seems as far away as it’s been for the past 20 years
The managing partners of most international law firms would be happy if India’s legal market took a lead from cricket’s Indian Premier League (IPL). If that were the case the finest local legal talent would advise alongside rainmakers from the UK and US, with foreign lawyers able to practise on the ground in Delhi and Mumbai. It may not generate quite the same fervour as Sachin Tendulkar et al manage in the IPL’s Twenty20 games but throughout the past decade India has been a legal market to get seriously excited about.