Between The Market And The Firm

Freshfields’ Pay Overhaul: A Margin Signal for the India Corridor

Watch in 1 minute video here Freshfields’ sweeping compensation restructuring has been analysed across the legal press primarily as an internal partnership crisis. The magic circle giant executed a performance-based overhaul that stripped equity points away from the firm’s legacy European core, triggering partner exits and equity downgrades across London, Paris, and Germany.  The stated […]

The India-UAE Corridor’s $600 Million Lesson in Reading a Settlement Correctly

Watch in 1 minute video here Bank of Baroda has agreed to pay $600 million (roughly INR 5,700 crore), or close to 28% of its FY26 net profit, to the joint administrators of NMC Health – the UAE hospital group whose 2020 collapse exposed billions in previously unrecorded debt. The underlying claim, seeking $5.4 billion, […]

What an $800 Million ICSID Award Against Türkiye Actually Maps in India

Watch 1 minute video here An ICSID tribunal has ordered Türkiye to pay roughly $800 million to Akfel Commodities and I-Systems Global over the state’s 2016 seizure of Akfel Group, then Türkiye’s largest private gas importer, taken in the aftermath of the failed coup on allegations of Gülen-movement links. The tribunal adopted the claimants’ quantum […]

Two Tracks, One Policy: What the Sun Pharma Financing Signals About Who Is Exposed

Watch 1 minute video here State Bank of India has finalised a $1 billion tranche inside the syndicate financing Sun Pharmaceutical Industries’ $11.75 billion all-cash acquisition of Organon & Co., alongside Citigroup, JPMorgan, and MUFG. The deal itself is a genuine milestone with an Indian pharmaceutical major moving into the global top 25 on the […]

What Firms Are Really Paying For, and Why It’s Worth Naming

Watch in one-minute-video here. Recent compensation data across the Am Law 50 highlights a sharp spike in specialised executive overhead: the newly minted class of “Chief AI Officers” (CAIOs) and “Directors of Legal AI Innovation.” Base salaries for these non-revenue-producing leadership roles are tracking at a market premium, consistently commanding between $350,000 and $450,000, with […]

After Nagaraj: Why the India-Singapore Arbitration Corridor Just Got More Valuable

First published on Kluwer Arbitration Blog On 25 March 2026, the Supreme Court of India (“Supreme Court”) rendered its decision on Nagaraj V. Mylandla v. PI Opportunities Fund-I, formally endorsing the doctrine of transnational issue estoppel in the enforcement of foreign arbitral awards for the first time at the apex level. Read alongside the Singapore […]

The UK-India Enforcement Imperative: Recoverability Is Decided Before the Default

Watch in one-minute-video here. When a corporate loan goes bad across borders, risk committees and lenders start asking how to recover it the day it defaults. That is already too late. How much you can get back is mostly decided earlier, by how the borrower’s capital was arranged long before anything went wrong. With the […]

The Weekly Read- Issue 01 · 21 June 2026

The market, read from where the mandate forms. INDIA MARKET ENTRY The 60-Day Ceiling: How the Fly-In, Fly-Out Cap Reshapes the India Cross-Border Legal Corridor A foreign firm running an India-seated arbitration from London or Singapore on a fly-in-fly-out basis now has sixty days a year to spend on the ground, and must name its […]