Intellectual honesty is the currency of this profession, so here is ours: for the largest multi-jurisdiction, multinational mandates — a cross-border carve-out spanning a dozen legal entities and reporting regimes, coordinated across offices in several countries — bench strength and global scale are genuine advantages that no boutique can match. If that is your mandate, a large firm is a defensible choice, and we will tell you so.
Our claim is different, and larger. The overwhelming majority of valuation work in India — startups raising capital, SMEs and mid-market corporates transacting or restructuring, funds marking portfolios, legal teams quantifying disputes — is over-served by big-firm pricing and under-served by big-firm attention. For that market, a partner-led practice that does nothing but valuation is not the budget option. It is the better one.