We want to be a firm of 1,000 lawyers by our centenary in 2017, says Shardul Shroff of Amarchand & Mangaldas
At 56, Shardul Shroff is today one of India's leading corporate lawyers and a Managing Partner of Amarchand & Mangaldas Suresh A. Shroff & Co., the country’s largest law firm dealing with mergers and acquisitions. Along with younger brother Cyril, he transformed what was once a typical family-run firm founded in 1917 by their grandfather Amarchand Shroff into a legacy that would be India's largest law firm. Leading its evolution, Shardul Shroff has been instrumental in creating Amarchand into a firm of 555 lawyers pan India (and about $130 million in annual revenue according to sources) and a clientele that includes Reliance Industries, Tata Group and ICICI Bank. His stint as a lawyer began in 1980, when he was sent to Delhi from Amarchand’s base in Mumbai by his father Suresh Shroff to begin work on the 3,000 pending cases the law firm had to deal with after consolidating the business of two firms they acquired in Delhi and Mumbai. Today the firm steps in to advise even the Government of India on the legal implications of many policy reforms. In a video interaction with VCCircle, Shardul Shroff talk about the evolution of the firm, its expansion plans and his views on the Centre’s latest reform initiatives.