Kochhar & Co, India's sixth largest law firm by headcount, has entered the Middle East legal services market after announcing a dual tie-up with Saudi firm Dr Khalid Alnowaiser and UAE-based MIO Advocates.
Dr Khalid Alnowaiser law firm, established in 1996, is a full-service corporate practice, and has offices in Riyadh and Jeddah. MIO Advocates, meanwhile, established in 1985, also boasts a full-service corporate practice, with offices in Abu Dhabi and Dubai.
The arrangement, which is the first by an Indian law firm and the first whereby a law firm has announced a tripartite alliance, is a direct response to the increasing levels of trade between India and countries in the Gulf region.
"Trade and business between India and the Middle East has grown exponentially and we have witnessed the consumation of enormous business transactions between the regions which are becoming ever more complex in nature," said Rohit Kochar, chairman and managing director of Kochhar & Co. He said that given the potential for further growth between India and the Gulf region and the increasing number of Indian corporates operating there, the firm is also on the lookout for an alliance partner in Kuwait.ALB
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