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Anand and Naik to Chart New Course Following JV Formalisation

Naik Naik & Co., a number one Mumbai-based full-service legislation agency, has formalised a three way partnership settlement with Anand and Anand, a number one mental property (IP) legislation agency of India at Delhi, for the Mumbai area.


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From left Ameet B. Naik – Founder and Managing Companion – Naik Naik & Co., Pravin Anand – Managing Companion – Anand and Anand, Safir Anand – Senior Companion – Anand and Anand


The three way partnership, Anand and Naik, will take impact from 1 July 2022. Naik Naik & Co. will hive off its media & leisure and IP practices into the brand new alliance which might be led by Madhu Gadodia, Deputy Managing Companion. The brand new alliance would concentrate on IP safety, IP litigation, know-how, media and leisure, knowledge safety, style, promoting, social media, gaming, sports activities and know-how and lay concentrate on rising applied sciences similar to OTT, broadcasting, digital media, web convergence, tech-based hybrid areas like fintech, ed-tech, agri-tech, health-tech and digital asset administration together with currencies, NFTs and metaverse.


The three way partnership, which was introduced in November 2021, is at current restricted to Mumbai and is a precursor to a broader alliance throughout the nation. Anand and Naik might be headed by Safir Anand, Senior Companion Head of Emblems, Contractual and Industrial IP, Anand and Anand and Ameet B Naik, Founder and Managing Companion, Naik Naik & Co. They may assume the roles of Joint Managing Companions of Anand and Naik. Pravin Anand, Managing Companion, will even be part of the core management group.


Ameet B. Naik, Founder and Managing Companion, Naik Naik & Co, stated, “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.


The three way partnership goals to set a powerful basis for each the corporations to increase presence throughout a number of new-age apply areas banking on the mixed abilities and competencies of 170 specialist legal professionals.


Unbiased of the three way partnership, Naik Naik & Co. with Abhishek Kale because the Deputy Managing Companion of the agency will proceed to render its providers as a full-service legislation agency with concentrate on of dispute decision, litigation, arbitration, worldwide arbitration, company & transaction assist, regulatory recommendation, mergers & acquisition chapter & insolvency, tasks, banking & finance, capital market, competitors legislation, personal shoppers and household settlements. The agency would advise a various clientele to supply commercially viable authorized recommendation and dedicated authorized illustration to shoppers throughout sectors.


Pravin Anand, Managing Companion, Anand and Anand, stated, “The finalisation of the joint venture with Naik Naik & Co. is part of our strategy to amplify our presence and focus on newer and emerging trends on 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.


Elaborating on the target, Safir Anand, Senior Companion, Anand and Anand, stated, “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.”


About Naik

Established in 2004, Naik Naik & Firm is a number one full-service legislation agency centered on offering strategic, modern and holistic authorized options to its shoppers. The agency homes about 50 extremely expert authorized professionals in 2 of its workplaces in Mumbai. Main areas of the agency’s apply embody banking & finance, company & business advisory, mental property, litigation & arbitration, mergers & acquisitions and personal fairness. Our experience in these areas is complemented by our entrenched business sector information, giving us the sting to advise our shoppers within the true context of their respective business.


About Anand

Anand and Anand is a number one full-service Mental Property legislation agency, offering end-to-end authorized options throughout all sides of Mental Property and allied areas. The agency is professionally managed by 28 Companions and a couple of Administrators supported by a administration group comprising the CEO, CFO and CIO. With workplaces in New Delhi, Noida, Mumbai and Chennai, the agency presently employs over 400 folks, together with over 100 certified attorneys / engineers.

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