India is looking to become less restrictive for foreign law firms javarman
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Lalit Bhasin, president of the Society of Inidan Law Firms (SILT) said that India had needed the last 20 years to prepare itself for the competition of foreign players. Now it is time, he said, to 'see the reality'. He said: 'If the Indian legal profession has to remain relevant - not only in India but also globally - we have to face with these issues.'
Three steps
The phases he foresees start with the liberalisation of Indian legal services (for instance, being allowed to market through websites and brochures) and go to the necessary changes to the Advocate's Act 1961 (which currently blocks foreign law firms) and then to allowing foreign law firms to practise in their own law in India. Source: Bar and Bench
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