Foreign firms India calling?
News and debates surrounding the liberalisation of the Indian legal services sector has been doing the rounds for quite some time now. Certain sections of the Indian legal fraternity (read the Bar Council) are opposed to the idea of allowing foreign law firms in India.The recent writ petition filed by A.K.Balaji raises many issues relating to what the foreign law firms can and cannot do in India under the prevailing Indian laws.
In this background, it is interesting to see that the foreign law firms have in the last few years become very active in sponsoring legal events and competitions in India. It is not new to see foreign law firms sponsoring and participating in legal conferences, however, English law firms such as Herbert Smith and Clifford Chance have taken their participation to the next level.
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