Cyril Amarchand Mangaldas partner Akshay Jeet Bhat and Prasad Subramanyan, former head of legal at venture capital firm Z47 (erstwhile Matrix Partners India), teamed up to launch a boutique law firm, First Principles Law, in Bengaluru. Last month, Vyapak Desai, head of international arbitration and dispute resolution at Nishith Desai Associates (NDA), also started his own chamber. NDA's dispute resolution practice head in Delhi, Alipak Banerjee, has instituted Alipak Banerjee Law Chambers.