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Lakshmikumaran & Sridharan

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Managing Partner: Mr. V Lakshmikumaran
Number of partners: 47
Number of lawyers: 253
Total no. of professionals: 370
Languages: English, Hindi, Tamil

Firm Overview:
Founded by V. Lakshmikumaran and V. Sridharan in 1985, Lakshmikumaran & Sridharan is a full-service law firm. The firm has a strong litigation and advisory background and has over 350 professionals providing a variety of legal services to clients. In the area of litigation, the firm has handled more than 40,000 cases at all levels from the Supreme Court to tribunals. The firm’s corporate practice has advised clients on several transactions and business restructuring. The firm is well-known for its high ethical standards, quality work and transparency in all its business dealings. L&S’s corporate clientele comprises of large business houses, multi-national corporations, banks and financial institutions including several Fortune 500 companies.

Practice Areas
Tax (Indirect & Direct)
Intellectual Arbitration & Commercial Litigation
Mergers & Acquisition & Corporate
Customs & International Trade
Competition
Intellectual Property Rights
Food Safety
Environmental

Main Areas of Practice:

Tax:
With experience and years of knowledge in direct, indirect and international tax, the team here handles tax disputes and represent clients at various levels from the quasi-judicial authority up to the Supreme Court of India. The vast legacy in litigation allows to advise clients in planning and complying with tax laws in India. With the new tax regime of GST being implemented in the country, L&S has a dedicated vertical to guide clients for a smooth transition into the new system. The team advises on transitional provisions and helps in re-designing supply chain, training, hand-holding and compliance review for assessing GST readiness.

International Arbitration & Commercial Litigation:
The team comprises professionals with deep industry and business knowledge. L&S specialises in international as well as domestic arbitrations, under institutional rules and ad hoc arbitrations. The team has represented arbitration cases in all forums, in every possible format.

Competition:
Through years of research and deliberation, the firm developed its competition law to ensure the smooth functioning of client businesses. This practice advises clients in reviewing their business models, undertaking a due diligence and audits, so that the clients can focus on their businesses. The team works with a wide cross section of sectors including transportation, e-commerce, pharmaceuticals, automobiles, building materials, government procurement, broadcasting, sports, financial services, entertainment and telecom.

Intellectual Property Rights:
The practice has expertise in all the IP laws including patents, designs, trademarks, copyrights and plant variety protection (PVP). This vertical provides end-to-end IP life cycle support with its attorneys and technologists specialising in preparation and prosecution, licensing, management, valuation and litigation of IP portfolios. The firm is ranked as a top tier IP firm by several leading publications and is recognised for handling several high-profile litigation and projects.

Mergers & Acquisition & Corporate:
The firm’s corporate team has profound transactional understanding as well as significant industry expertise. The team advises various leading Indian and multinational corporations across diverse sectors on matters pertaining to joint ventures, mergers, demergers, acquisitions, private equity, legal due diligence, spin-offs, foreign direct investment and entry strategies, restructurings including global restructurings of various multinational companies, regulatory approvals, setting up of industrial plants in India, sale of businesses, distributorship and commercial advisory agreements in India, real estate, employment, compliances, ESOP schemes, drafting, vetting and negotiating of commercial contracts and other corporate transactional work.

Customs & International Trade:
India is a major trading partner for countries across the globe. Hence, from time to time there arises, wide range of business and bureaucratic dilemmas. The firm’s team of professionals in the customs and international trade practice cater to WTO and international trade disputes arising out of or involving India. The firm’s attorneys have handled more than 400 anti-dumping and anti-subsidy investigations initiated by India, EU, USA, Korea, Indonesia, South Africa and Turkey. The team also handles wide variety of matters pertaining to HS Classification, Customs Valuation, FTA, safeguards investigations, market access and national treatment.

Environmental:
Lakshmikumaran and Sridharan offers integrated advisory, legal compliance and litigation services related to environmental issues through a specialised team of professionals from diverse disciplines. This vertical provides strategic and coherent advice to clients on issues pertaining to all aspects of environmental law such as air, water, forests, hazardous substances, genetically modified organisms, biological diversity. The team has rich experience to conduct compliance audit, provide legal advice and represent clients before the National Green Tribunal, High Courts, and the Hon’ble Supreme Court of India in contentious matter.

Food Safety:
The food law team at L&S offers advisory, litigation and consulting services to various stakeholders in the food chain in all areas of food law and procedures including classification of food/food ingredients under the Indian Food code, usage of food additives, packaging and labelling, nutritional/health claims, food recall, import procedure compliance, country of origin determinations, product approval and various other aspects of food law. The firm has been advising clients on the implementation of the FSS Act and Rules, and different Regulations, notifications and advisories issued by FSSAI from time to time.