Rising stars secure equity stakes at top law firms

Top law firms in India, like JSA Advocates & Solicitors, are increasingly promoting star professionals to equity partner roles, shifting from the traditional practice of rewarding only veteran partners with equity stakes. JSA has significantly increased its equity partners from 46 to 62, with most being groomed internally. The firm’s joint managing partner, Vivek K. Chandy, emphasized that their growth strategy focuses on partners aligning with their values. This trend reflects a broader talent war fuelled by India’s evolving legal landscape and growing demand for niche legal counsel. Other firms like Trilegal and Saraf & Partners are also promoting equity partners, with Trilegal having 144 equity partners and Saraf & Partners having 21 out of 42 partners as equity partners. Read Article