• Accounting & Finance for Corporate Lawyers

    AFCL was launched in 2009 as a continuous professional development/up-skilling initiative for private practice lawyers and in-house counsels. Such a concept was revolutionary in the legal sector and the first of its kind in India. Since then, over 1,600 lawyers have successfully participated in our programs.

  • "An absolutely essential training which should have been imparted in law school itself. AFCL is able to deliver financial training that any corporate commercial lawyer should possess. I had taken the course several years back found the course to be very crisp and clear, adopting a very practical approach that proves useful in day to day lawyering and in providing commercial value add to the client. I look forward to doing a refresher course or even an advanced course in the near future."

    Anand Shah

    Partner, AZB & Partners

    "I was fortunate enough to be part of the AFCL training program early on in my career and I can confirm that the program has contributed immensely to my growth as a corporate lawyer. The program provides an excellent foundation in matters of corporate finance for any aspiring corporate lawyer. It is well structured, loaded with highly relevant information, and most importantly very practical. I would strongly recommend that law firms expose their lawyers to this program as early as possible in their careers."

    Arun Madhu

    GC, Nexus Venture Partners

    "I took the AFCL finance course for lawyers when I was 3 years into practice and found it extremely helpful in traversing the financial aspects of transactions. I especially remember the classes on valuation, which have helped me better understand the focus areas on a transaction and how to protect what the client is really paying for. Would recommend this course to all transaction lawyers."

    Harsh Maggon

    Partner, Trilegal

    "An excellent and very engaging training! The AFCL training (including the course material) is truly meant for professionals looking to gain a deeper insight into business and accounting concepts which they can then easily apply to their day-to-day transactional and other work. The content is precise, up-to-date, and delivered in an easy-to-digest manner. The trainer, Mr. Iyer, is a leading expert in this field and is very patient and humorous. I would highly recommend this AFCL training to all lawyers who deal with business and finance matters."

    Kislay Bihari

    Managing Associate, TT&A

    "I attended this training when I was a legal director in IDFC Project Equity. I can safely endorse this workshop as being at par with the finance training imparted in blue-chip foreign law firms that I’ve been a part of. Lawyers possessing commercial acumen and having the ability to dissect balance sheets, at least the basics, is simply non-negotiable in today’s legal environment. I recall Raghu being excellent in explaining complex financial concepts in very simple terms, and those are learnings I carry with me even today. I would strongly recommend this course for business lawyers across all disciplines and practice areas."

    Pradeep Ratnam

    Senior Partner, Kochhar & CO

    "I attended the Accounting for Lawyers course in 2014 and found it very useful to get a practical understanding of a number of accounting and financial matters and concepts such as financial statements and ratios, valuation, and related party transactions. The course was tailored well for transactional lawyers, and the course instructor provided a clear explanation and practical examples, which I found very helpful. I wish Premal and his team all the best in continuing with this course."

    Sunandan Majumdar

    Partner, Quillon Partners

    "I took the AFCL financial training early on in my career and it helped me immensely. As a transactional lawyer, it was very helpful to really understand commercial terms that we come across in all our dealings."

    Akanksha Shrivastava

    Joint Vice President Legal, UltraTech Cement

    "The AFCL Open House Program is an incredible opportunity to gain a more holistic and grounded understanding of the financial meaning and implications of transactions we corporate lawyers undertake every day. Getting this knowledge and understanding from someone who has had as much experience and knowledge as Raghu has had was just the icing on the cake. I was able to engage clearly and found the knowledge shared of great help - including being able to apply some of this on a transaction that I was closing within a month of finishing the program."

    Prasad Subramanyan
    Partner, Rajaram Legal

  • WHY US?


    Growing complexities of international commercial transactions have led to strong demand for lawyers and legal professionals who, along with a robust legal understanding, also have the commercial acumen to meet client requirements and offer business-oriented solutions. ACCOUNTING & CORPORATE FINANCE TRAINING FOR LEGAL PROFESSIONALS has been created to address this issue. It is designed to enhance the financial acumen and the analytical skills of lawyers practicing in areas such as:

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    Participant Breakup:

    • 30%: Partners & General Counsels
    • 40%: Senior/Principal Associates & Senior                Legal Managers
    • 30%:  Associates




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    Premal Shah

    Premal Shah

    Founding Partner

    Premal Shah is the founder of AFCL. His experience of working as a lawyer and subsequently as a finance professional led him to identify the need to launch AFCL - an up-skilling training platform for practicing transaction lawyers and in-house counsels. He has been instrumental in creating an ecosystem of continuous professional development in India. Such a concept was revolutionary and, in many ways, it kick-started the process of a more conscious, continuous professional development mindset in India.


    He is also the founder of FCL Search and has led a range of senior-level search mandates for leading domestic and global law firms, accounting/consulting firms, corporate houses, financial institutions, and fund houses.


    On the consulting front, he has worked alongside senior/managing partners and his advice covers matters such as team acquisitions, mergers, combinations, alliances, new offices, partnership structuring, peer reviews, overall firm strategy and its implementation including business planning, and the positioning of law firms in their market.

    Raghu Iyer

    Raghu Iyer

    Co-Founder & Lead Trainer

    Raghu Iyer is the co-founder and lead trainer for AFCL's various online and offline offerings for the global legal community. He is a fellow of the Institute of Chartered Accountant of India, and he brings with him a rich experience of over three decades in the fields of accounting, finance, and international taxation.


    He runs his boutique consultancy, which specialises in valuation, IFRS advisory, hedge effectiveness testing, among other things. He works very closely with some of India's top business houses, such as the TATA Group, the HDFC Group, and the GMR Group on diverse consulting assignments. He is also associated with various business groups in the U.S., Europe, Africa, and the Middle East for whom he conducts audits, valuation, due diligence, and various consulting assignments. He has considerable experience of management in turnaround situations and has completed several acquisitions, disposals, and corporate reorganisation.


    He is extremely passionate about sharing knowledge and therefore dedicates a sizable amount of time in the field of academia. He is also a guest lecturer for financial markets and corporate finance at some of the leading business schools across India.


    Swagata Bhattacharya

    Swagata M Bhattacharya

    Head Research & Operations

    Swagata M Bhattacharya comes with almost two decades of experience in training management, operations, organisational development, and community building both in India and international markets. She has rich experience in campaign coordination, content writing, and is a skilled graphic illustrator and brand designer.


    She has handled training for soft skills, language, behavior, and information technology for individuals, corporate, lawyers, and IT professionals in the past. Swagata volunteers her free time working for a charity based in Delhi, which takes care of the childhood needs of slum kids.

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