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This profile reflects asialaw research. The “(asialaw)” label indicates the source of this content.

Key contacts
Precedent Partner: Ayomi Aluwihare
Quick facts

Number of Partners: 9
Number of lawyers: 38
Network memberships: INTA
Languages: English

Key practice areas
General business law (asialaw)
Firm overview

FJ&G de Saram is the oldest and one of the largest law firms in Sri Lanka. It is a full-service firm practicing in all areas of corporate and commercial law.

The Firm is consistently ranked by legal directories as a top tier firm in the main areas of corporate/commercial law including mergers & acquisitions, banking and finance, project financing and dispute resolution. The key practice areas of the Firm also include Real Estate and Intellectual Property. Each key practise is headed by a senior lawyer with over 25 years’ at the bar.

The firm believes in delivering value with excellence.

Practice areas & sector specialisations
  • Banking and finance
  • Capital markets
  • Competition/antitrust
  • Construction
  • Corporate and M&A
  • Dispute resolution
  • Intellectual property
  • Investment funds
  • Labour and employment
  • Private equity
  • Regulatory
  • Restructuring and insolvency
  • Tax
Address:
216 de Saram Place Colombo 10
00010
Sri Lanka
Tel:+94 0 11 46 05 100 Fax:+94 0 11 47 18 220 Email:Contact Us Web Address:http://www.fjgdesaram.com/?utm_source=google&utm_medium=google_my_business&utm_campaign=corporate
2026 Edition
General business law (asialaw)
11 firms ranked
View full list

Outstanding

DL & F De Saram (asialaw)
1 practice area
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FJ & G de Saram (asialaw)
1 practice area
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Julius & Creasy (asialaw)
1 practice area
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Nithya Partners (asialaw)
1 practice area
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Highly recommended

Sudath Perera Associates (asialaw)
1 practice area
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Recommended

Colombo Law Alliance (asialaw)
1 practice area
View profile
Heritage Partners (asialaw)
1 practice area
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John Wilson Partners (asialaw)
1 practice area
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Neelakandan & Neelakandan (asialaw)
5 practice areas
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Varners (asialaw)
1 practice area
View profile
Overview
FJ & G De Saram, Sri Lanka's oldest law firm with a 183-year legacy, maintains its preeminent position through consistently evolving service standards and addressing changing market needs. The firm's extensive experience spans banking and finance, corporate and M&A, and dispute resolution, with its corporate law department being the largest and most successful division. As one of Sri Lanka's largest full-service firms, it has four main divisions: corporate law, real property, dispute resolution and intellectual property, each led by senior partners with over 25 years of experience. The corporate practice provides comprehensive advisory services across mergers and acquisitions, capital markets, investment, taxation, construction, telecommunications and infrastructure sectors. The dispute resolution team, established in 1995, was the first in Sri Lanka to provide in-house advocacy services. Key partners include Himali Mudadeniya, Manjula Ellepola and Tilani Ford.

Client feedback

"Top-tier corporate and commercial expertise with deep knowledge covering a range of legal and regulatory matters. It is the oldest law firm in the country with longstanding heritage, goodwill and reputation." – Corporate and M&A

"Effective coordination between all parties." – Corporate and M&A

"Extremely professional, time-bound, has a team of experts and does not rely on one single person for expertise, and gives clear and direct advice." – Corporate and M&A

"Keeps to timelines, excellent customer service, experience and expertise in diverse areas, and strong commercial and legal acumen." – Regulatory

Pravinee Algama

"Coordination and accuracy."

"Prompt response, professional and direct to the point."

Ayomi Aluwihare

"Her expert knowledge and skill, positive attitude, and ability to think outside the box and provide practical solutions."

Buwaneka Basnayake

"Attention to detail and ability to simplify complex legal positions."

"Excellent knowledge of corporate law, Colombo Stock Exchange rules, corporate restructuring, capital markets, and mergers and acquisitions, with strong technical knowledge and sound commercial judgement enabling him to develop practical and effective solutions to complex commercial issues."
Linked Reviews
General business law (asialaw)
Work highlights

Advising Nations Trust Bank on its LKR 18 billion acquisition of the retail banking business of HSBC Sri Lanka, one of the largest recent foreign bank exits in the country. The firm advised across all aspects of the transaction, including due diligence and review of the sale and purchase agreement, while also acting for multiple bidders in the process under a carefully managed conflict structure — demonstrating the firm's capacity to handle concurrent, high-value mandates while maintaining strict confidentiality between parties. The transaction involves complex regulatory approvals and business separation, with closing expected in the first half of 2026.

Advising the Colombo Stock Exchange on the launch of Sri Lanka's first central counterparty clearing model, a landmark reform that fundamentally transforms how trades are cleared and settled on the exchange. The firm advised on the full scope of the implementation, covering legal and regulatory compliance, governance structures, agreements with clearing members, and the guarantee fund framework. The introduction of the new model reduces risk, strengthens market integrity, and brings Sri Lanka's capital markets infrastructure in line with international standards — representing one of the most significant structural milestones in the country's capital markets in recent years.
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Deal Highlights
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