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Top 10 Partnership Firms in India: Complete Guide 2026

Srihari Dhondalay
Updated:
7 min read

For entrepreneurs looking to collaborate, combine expertise, and share responsibilities, partnership firms have emerged as a popular business structure. The success of the top 10 partnership firms in India clearly shows how effective this model can be for building trust and long-term growth.

One major reason for its popularity is its simplicity and the flexibility it provides to partners. The process of Partnership Firm Registration online is straightforward and involves fewer compliances than other business structures. This, along with shared decision-making and pooled resources, makes partnership firms a strong choice for startups and established professionals alike.

This blog guides you through the best partnership firms in India and showcases what makes each firm stand out.

List of Top 10 Partnership Firms in India

India is home to several leading partnership firms offering expert legal, financial, and professional services. Below is a list of the top 10 partnership firms, highlighting their expertise and key services:

1. Shardul Amarchand Mangaldas & Co.

  • Founded: 2015 (legacy from Amarchand & Mangaldas & Suresh A Shroff & Co dating back to 1917)
  • Headquarters: New Delhi & Mumbai
  • Sector: Corporate law
  • Key Services: Mergers & Acquisitions (M&A), banking & finance, dispute resolution, capital markets

Shardul Amarchand Mangaldas & Co is one of India’s largest full-service law firms. It advises major corporations, financial institutions, and private equity funds on complex matters.

2. Cyril Amarchand Mangaldas

  • Founded: 2015 (post split from Amarchand & Mangaldas legacy)
  • Headquarters: Mumbai
  • Sector: Corporate & Commercial Law
  • Key Services: M&A, capital markets, regulatory advisory

Cyril Amarchand Mangaldas is widely recognized for handling complex domestic and cross-border transactions. The firm serves multinational corporations, private equity funds, and leading Indian businesses. 

3. Khaitan & Co.

  • Founded: 1911
  • Branches: Kolkata, New Delhi, Bengaluru, Mumbai, and Chennai
  • Sector: Corporate Law
  • Key Services: Corporate advisory, competition law, dispute resolution

Khaitan & Co is one of India’s oldest and most respected law firms. It advises corporations and investors on regulatory, transactional, and litigation matters. The firm blends legal expertise with practical business insight. 

4. Walker Chandiok & Co. LLP

  • Founded: 1935
  • Headquarters: New Delhi
  • Sector: Chartered Accountancy & Audit
  • Key Services: Audit & assurance, tax advisory, risk consulting

Walker Chandiok is a leading Indian audit and advisory firm operating as an LLP. It provides audit, taxation, and business advisory services to domestic and international clients.

5. Lodha & Co.

  • Founded: 1941
  • Headquarters: Mumbai
  • Sector: Chartered Accountancy
  • Key Services: Audit, taxation, corporate advisory

Lodha & Co is among the top Indian audit and advisory partnership firms, known for its strong compliance and corporate restructuring expertise.

6. Luthra & Luthra Law Offices India (also known as L&L Partners)

  • Founded: Around 1990
  • Headquarters: New Delhi
  • Sector: Corporate Law
  • Key Services: M&A, banking & finance, dispute resolution

Luthra & Luthra Law Offices India is a respected full‑service law firm with a strong corporate and regulatory practice. It advises multinational clients on complex commercial and transactional work. 

7. J Sagar Associates (JSA)

  • Founded: 1991
  • Headquarters: New Delhi
  • Sector: Corporate Law
  • Key Services: Corporate & M&A, fintech advisory, banking law

JSA is a full-service Indian law firm known for advising startups, technology companies, and multinational businesses.

8. S&R Associates

  • Founded: Mid 2000s
  • Headquarters: New Delhi & Mumbai
  • Sector: Corporate & Transactional Law
  • Key Services: M&A, private equity, litigation & arbitration, capital markets

S&R Associates is a full-service Indian law firm with strong expertise in complex transactional work. It advises both domestic and international clients on high-value matters. The firm is known for its partner-level involvement and practical legal solutions.

9. Nishith Desai Associates

  • Founded: 1989
  • Headquarters: Mumbai
  • Sector: International Tax & Corporate Law
  • Key Services: Cross-border tax, technology law, regulatory advisory

Nishith Desai Associates is an international research‑driven law firm. It specializes in strategic legal and tax advice across global markets. The firm is widely recognized for innovation, cross‑border work, and sector‑specific thought leadership.

10. Trilegal 

  • Founded: 2000
  • Branches: New Delhi, Mumbai, Gurugram, Bengaluru, & Chennai
  • Sector: Corporate & Commercial Law
  • Key Services: Corporate/M&A, dispute resolution, private equity, regulatory compliance

Trilegal is a nationally recognized legal firm with a strong client-centric approach. It handles high-value transactions and major regulatory matters across industries. The firm is also known for its structured partnership model and broad sector expertise.

These firms were selected based on industry rankings, client reputation, scale of operations, and regulatory expertise. Because of this focus on professional services, most of them operate as LLPs. This allows partners to collaborate effectively while limiting personal liability.

Note: Most large partnership firms in India are legal or CA firms, as only licensed professionals can own them, and they rely on expertise, not capital. On the other hand, manufacturing firms avoid partnerships at large scale because they need more investment, structure, and liability protection.

Wrapping Up

India’s top partnership firms demonstrate how expertise-driven collaboration can create strong, sustainable businesses. By combining shared leadership and structured operations, these firms continue to lead the legal and financial advisory landscape. For entrepreneurs seeking a flexible and credible business structure, the partnership model offers long-term growth potential.

Ready to start your partnership journey? RegisterKaro simplifies your partnership firm registration process and connects you with experienced professionals to ensure a smooth and compliant setup. Contact us today and build your business with confidence.


Frequently Asked Questions

The top 10 partnership firms in India are recognized for their expertise, credibility, and impact across industries like law, finance, and consulting. They help businesses manage complex deals, regulatory requirements, and strategic growth. Their strong track record and professional approach make them trusted partners for both domestic and international clients.

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