What Economic Laws Practice does

Economic Laws Practice (ELP) is a privately held, full-service Indian law firm founded in 2001 and headquartered in Mumbai, with a network of seven additional offices across New Delhi, Noida, Pune, Ahmedabad, Bengaluru, Chennai, and GIFT City. The firm deploys 300+ qualified professionals across 18+ practice areas including Banking & Finance, Corporate & Commercial (M&A, private equity), Tax (direct, indirect, transfer pricing), International Trade & Customs, Labour & Employment, Regulatory & Compliance, Infrastructure/Projects & Energy, Data Privacy, Investment Funds, Private Equity & Venture Capital, Hospitality, Litigation/Arbitration/ADR, Competition Law & Policy, Real Estate, Independent Director Advisory, Family Offices & Trusts, and Securities Regulatory Practice & Litigation. ELP maintains a select-few position among Indian firms that have litigated before the WTO Dispute Settlement Body and has been actively involved in over 250 trade remedial proceedings in India.

ELP's business model is a partner-led professional services engagement model targeting Indian corporates, multinational corporations, private equity and investment funds, and government bodies (including the Government of India and the UK Government Department of International Trade). Fees are quote-based, negotiated per engagement and not publicly disclosed. GTM is enterprise-focused: direct client relationships developed through partners and reinforced by directory visibility (Chambers Top Ranked, Legal 500 Asia-Pacific, IFLR1000, GCR100, GAR100, ITR World Tax Top Tier) and a content-led thought leadership motion (ELP Podcast Series, articles, alerts, sector booklets, Data Protection Dashboard). Named marquee clients include Reliance Industries, Adani Wilmar, Johnson Controls group, Platinum Jubilee Investments, Waterfield group, SAMHI Hotels, Punjab Kings, and the Gem & Jewellery Export Promotion Council.

Underlying technology and operations are conventional law-firm infrastructure: practice management, client engagement workflows, content publishing (website, podcasts, LinkedIn), and a Data Protection Dashboard product. No proprietary AI/ML models or technology platform underpin the offering. The firm is independently partner-owned with no external institutional investors, has no disclosed revenue, and has pursued a programmatic, talent-led expansion path — most recently acquiring V Law Partners and onboarding Vivek Daswaney (January 2026) to lead its Labour & Employment practice — alongside geographic expansion into the GIFT City IFSC regulatory complex.

Name

Economic Laws Practice

Legal name

Economic Laws Practice

Website

https://elplaw.in

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

251–500 employees

Short description

Economic Laws Practice is a full-service Indian law firm with 300+ professionals across eight offices, providing transactional, advisory, litigation, regulatory, trade, competition, and tax legal services to corporations, multinationals, private equity funds, and government bodies.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Legal Advisory and Consulting Services: Fee-based professional services for legal advisory, regulatory compliance, transactional support, and litigation services to corporations and institutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Economic Laws Practice (ELP) is a full-service Indian law firm providing transactional, advisory, regulatory, litigation, trade, competition, and tax legal services. With 300+ qualified professionals across eight Indian offices, the firm delivers specialized legal expertise to domestic corporations, multinationals, government bodies, and investment funds through partner-led engagements across 18+ practice areas.

Product overview

Economic Laws Practice (ELP) is a leading full-service law firm in India offering comprehensive legal services rather than a technology product platform. The firm operates across multiple practice areas including Banking & Finance, Corporate & Commercial, Tax, International Trade & Customs, Labour & Employment, Regulatory & Compliance, Infrastructure/Projects & Energy, Data Privacy, Investment Funds, Private Equity & Venture Capital, Hospitality, Litigation/Arbitration, Competition Law, Real Estate, and Independent Director Advisory. These practice areas function as distinct service offerings within the unified firm structure, each staffed by specialized legal professionals. ELP also provides Thought Leadership Content including podcasts, articles, and newsletters as knowledge-sharing services complementing its core legal advisory offerings. The firm serves clients across multiple Indian cities (Mumbai, Delhi NCR, Pune, Ahmedabad, Bengaluru, GIFT City, Chennai) with over 300 qualified professionals.

Differentiator

Problem solved

Functional benefit

Products and services

• Legal Advisory Services
• Banking & Finance
• Corporate & Commercial
• Tax
• International Trade & Customs
• Labour & Employment
• Regulatory & Compliance
• Infrastructure, Projects & Energy
• Data Privacy
• Investment Funds
• Private Equity & Venture Capital
• Litigation, Arbitration & Alternate Dispute Resolution
• Competition Law & Policy
• Real Estate
• Family Offices & Trusts
• Securities Regulatory Practice & Litigation
• Independent Director Advisory

Quantifiable outcome

• Successfully represented Government of India in WTO disputes before Panel and Appellate Body
• +2 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Khaitan & Co. One of India's largest full-service law firms with strong corporate, tax, dispute resolution and regulatory practices, frequently co-listed with ELP in Chambers and Legal 500 top-tier rankings.
• Trilegal: Leading Indian law firm with strong corporate, PE, TMT and dispute resolution practices, often engaged on the same large-cap Indian M&A and regulatory mandates as ELP.
• J. Sagar Associates (JSA): Established full-service Indian law firm with comparable corporate, M&A, banking, tax and dispute resolution capabilities, frequently ranking alongside ELP in IFLR1000 and Legal 500.
• Shardul Amarchand Mangaldas: Top Indian full-service firm spun out of Amarchand Mangaldas, with comparable strengths in M&A, capital markets, competition, regulatory and dispute resolution work for Indian and multinational clients.
• Nishith Desai Associates: India-focused full-service law firm with particularly deep tax, international trade and regulatory practices that closely overlap ELP's strengths in indirect tax, transfer pricing and WTO/trade work.
• Cyril Amarchand Mangaldas: India's largest full-service law firm and ELP's most direct competitor, with deep practices in corporate M&A, capital markets, competition, dispute resolution and regulatory advisory across Indian and cross-border mandates.
• AZB & Partners: Top-tier Indian law firm with comparable practice mix in corporate/M&A, PE, competition, banking & finance and dispute resolution, competing head-to-head with ELP for marquee Indian corporate mandates.
• L&L Partners (formerly Luthra & Luthra): Long-established Indian full-service law firm with comparable corporate, infrastructure, dispute resolution and regulatory practices competing for the same Indian enterprise clients as ELP.
• Talwar Thakore & Associates: Boutique Indian law firm with strong corporate M&A, securities and regulatory practices competing with ELP on mid-to-large cap Indian corporate transactions.
• Bharucha & Partners: Indian full-service law firm with comparable corporate, M&A, regulatory and dispute resolution capabilities, often engaged on similar enterprise-scale mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ELPIndia
• Facebookfacebook.com/elplaw.in
• LinkedInlinkedin.com/company/economic-laws-practice

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Economic Laws Practice