Naik Naik & Co. and Anand & Anand join forces
Leading law firm - Naik Naik & Co. which is a full service law firm has joined hands with Anand and Anand, the top-tier
Naik Naik & Co. and Anand & Anand join forces
Leading law firm - Naik Naik & Co. which is a full service law firm has joined hands with Anand and Anand, the top-tier Intellectual Property law firm for Mumbai region. This new alliance will be led by Madhu Gadodia, Deputy Managing Partner.
By way of this joint venture, the firms will combine their IP and Media practices, more particularly with a focus on IP protection, IP litigation, technology, media and entertainment, data protection, fashion, advertising, social media, gaming, sports, and technology and lay focus on emerging technologies such as OTT, broadcasting, digital media, internet convergence, tech-based hybrid areas like fintech, ed-tech, agri-tech, health-tech and digital asset management including currencies, NFTs and metaverse.
Anand & Naik operations will be headed by Safir Anand, Senior Partner Head of Trademarks, Contractual and Commercial IP at Anand & Anand, and Ameet B Naik, Founder and Managing Partner - Naik Naik & Co. They will assume their roles as Joint Managing Partners of the Joint Venture – Anand & Naik.
Pravin Anand, Managing Partner, will also be a part of the core leadership team.
This newly incorporated Joint Venture is set to build a strong foundation to spread its presence across multiple practices with the combined skills and competencies of 170 specialist lawyers.
While the Joint Venture is limited to Mumbai, the Delhi Branch of Anand & Anand will continue its operations. Additionally, Abhishek Kale as the Deputy Managing Partner at Naik & Naik will continue to render its services as a full-service law firm with a focus on dispute resolution, litigation, arbitration, international arbitration, corporate & transaction support, regulatory advice, mergers & acquisition bankruptcy & insolvency, projects, banking & finance, capital market, competition law, private clients and family settlements. The firm would advise a diverse clientele to provide commercially viable legal advice and committed legal representation to clients across sectors.
Speaking on the merger, Ameet B. Naik, Founder, and Managing Partner, Naik Naik & Co said, "The collaboration will enable us to combine our respective strengths, skill sets, expertise, and domain presence to boost mutual growth. Pravin Anand is a luminary who has contributed significantly to the evolution of India's IP jurisprudence. Safir Anand's practice is niche, path-breaking, and unconventional. The combined strength sets the stage for great synergy towards driving growth and delivering value-driven solutions to our clients. We will further enhance the synergy based on our robust growth outlook."
Pravin Anand, Managing Partner, Anand, and Anand, said, "The finalization of the joint venture with Naik Naik & Co is part of our strategy to amplify our presence and focus on newer and emerging trends in technology and convergence. Ameet B. Naik is a pioneer and one of the leading lawyers in the media and entertainment space and intellectual property globally, with extensive experience in the sector. We look forward to collaborating with the team of Naik Naik & Co."
Safir Anand, Senior Partner, Anand, and Anand, said, "The synergy will set a benchmark for conventional and transactional IP practice as well as path-breaking and revolutionary practice in emerging areas such as virtual digital assets and metaverse. Ameet B. Naik is a luminary in the media and entertainment space and one of the sharpest minds in the legal realm. We are pleased to collaborate with his team. The joint venture demonstrates the power of shared vision to move forward and accelerate the growth in terms of practice areas."
The new joint venture, Anand & Naik will take effect from 1 July 2022.