CC/AZB split: self-interest worth more than promises in India
While it is easy to be clever after the fact, a cynic might wonder if Clifford Chance (CC) should have read up on EM Forster before committing to its much-touted alliance with leading Indian firm AZB & Partners. After all, the decision to form an alliance two years ago was heavily based on commitments CC felt it had from Indian officials regarding market liberalisation. Citing the lack of said liberalisation, and an insufficient referral flow to keep the link viable in its current form, the pair last month said the 'best friends' union would be downgraded to a general referral link.
Time to ditch India strategies built on crossed fingers and liberalisation promises
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