Source: Financial Express
Counselect, a consulting and solutions firm dedicated to transforming legal functions, announced the acquisition of Lawmetrik, a specialist in legal value optimization and managed services. Counselect is founded by the team that built Vahura, the first-mover firm in specialist legal and governance recruitment in India.
The strategic combination of Counselect’s expertise in talent and consulting with Lawmetrik’s metric-driven solutions positions the merged entity as a market leader in business and value consulting for corporate legal departments. Quantascend acted as deal advisors to Counselect, with legal counsel provided by INDUSLAW. Acumen advised Lawmetrik on the deal, while YNZ Legal and Mahika Parikh served as legal advisors.
Ritvik Lukose, Co-founder & Director of Counselect, said: “We both started with a common hypothesis—that there is tremendous business value to unlock for legal departments that organise systematically around information management, operations, technology and an innovative talent strategy. Having validated this in our individual journeys, we’re coming together to become the first choice for clients that want to modernise and scale their legal and compliance functions. As we grow our GCC offering and expand our work with global clients, we are thrilled to have Basil and his outstanding team onboard.”
Basil Almeida, founder of Lawmetrik, stated: “After pioneering work in legal value improvement and managed solutions, we are thrilled to join forces with Counselect, a highly visible brand we have always admired for its bold thinking and deep relationships across the in-house ecosystem. Together, we’re doubling down on our shared vision to help legal functions integrate with business to deliver measurable impact at scale.”
Read the full article: https://www.financialexpress.com/business/industry/counselect-acquires-lawmetrik-to-become-indias-leading-firm-for-business-legal-transformation/3905714/