Versuchen GOLD - Frei

Revolutionising legal services

Financial Express Kochi

|

January 08, 2025

THE SECTOR IN INDIA SHOULD EMBRACE TECH TRENDS AND COMPETITION IN AN ERA OF DISRUPTION

- DHRUVA KUMAR SINGH

The significant increase in cross-border trade and investment flows due to globalization is also fostering global integration of the legal sector. This trend presents both challenges and opportunities for the traditionally conservative sector worldwide, including in India.

Many trade treaties and agreements, in addition to facilitating trade, have begun incorporating provisions for the cross-border movement of legal personnel. The General Agreement on Trade in Services of 1995 includes provisions for the movement of services, including legal. Similarly, several regional agreements have established frameworks to support this, such as the North American Free Trade Agreement (1994), the ASEAN (Association of Southeast Asian Nations) Framework Agreement on Services (1995), the Comprehensive Economic and Trade Agreement between Canada and the European Union (2016), etc.

However, these treaties allow for the cross-border movement of legal personnel only on a temporary basis and under regulatory oversight. Amid the near-total unification of markets, the EU stands out in this regard. The EU introduced the Lawyers' Establishment Directive (Directive 98/5/EC) to encourage greater integration of the union's legal market.

In India, the issue of cross-border movement of legal personnel arose through litigation. It was alleged that certain foreign law firms had established offices in India in an unauthorised manner. This was challenged in the Bombay and Madras High Courts. Ultimately, the case reached the Supreme Court of India, which passed a judgment in 2018 stating that only advocates enrolled under the provisions of the Advocates Act, 1961, are permitted to "practise" law in India.

WEITERE GESCHICHTEN VON Financial Express Kochi

Financial Express Kochi

Modi pitches stability as firms commit to state

PRIME MINISTER NARENDRA Modi on Sunday said India is passing through a phase of unprecedented certainty and political stability at a time when the global economy is facing prolonged uncertainty, positioning the country as a dependable destination for long-term investment.

time to read

1 mins

January 12, 2026

Financial Express Kochi

Jubilant Foodworks'.

“IN A MARKET where competitors are catching up quickly, the leader may well press the inorganic growth button to leap forward,” said G Chokkalingam of Equinomics Research.

time to read

1 min

January 12, 2026

Financial Express Kochi

Focus on education, skilling, employment

DIGITAL LEARNING, INDUSTRY-ALIGNED SKILLING

time to read

1 mins

January 12, 2026

Financial Express Kochi

Amazon AI lists products without merchant consent

SOMETIME AROUND CHRISTMAS, Sarah Burzio noticed that the holiday sales bump for her stationery business included some mysterious new customers: a flurry of orders from anonymous email addresses associated with Amazon.com.

time to read

2 mins

January 12, 2026

Financial Express Kochi

Reliance to invest ₹7L cr in Gujarat

TWO OF INDIA'S biggest business conglomerates - Reliance Industries and Adani Group - committed major investments during the Saurashtra-Kutch edition of the Vibrant Gujarat Regional Conferences (VGRC) here today.

time to read

1 min

January 12, 2026

Financial Express Kochi

Rapid PSE privatisation may unlock ₹10L cr: CII

THE CONFEDERATION OF Indian Industry (CII) has urged the government to fast-track the privatisation of public sector enterprises (PSEs) to unlock substantial resources for infrastructure and address key development priorities amid global economic uncertainties.

time to read

1 mins

January 12, 2026

Financial Express Kochi

Govt to meet fiscal deficit target of 4.4% in FY26: PwC

THE GOVERNMENT IS likely to achieve the fiscal deficit target of 4.4% of the GDP in FY26, and it could even better it, a positive signal to global investors about India's commitment to fiscal management, PwC Partner and Economic Advisory Services leader Ranen Banerjee said.

time to read

1 min

January 12, 2026

Financial Express Kochi

Beyond the IIT shadow

HOW IIIT HYDERABAD IS BUILDING A SILICON VALLEY MODEL IN INDIA

time to read

2 mins

January 12, 2026

Financial Express Kochi

Pvt credit gains...

HOUSING SALES ACROSS the top seven cities fell 14% in 2025, according to Anarock Research.

time to read

1 min

January 12, 2026

Financial Express Kochi

'We're a savings portal, not q-comm'

After a turbulent period of leadership churn and persistent losses, API Holdings, the parent of Pharmeasy, Thyrocare and medicine distributor Ascent, is focused on stitching all its business segments into a single, profitable OPD healthcare platform.

time to read

3 mins

January 12, 2026

Listen

Translate

Share

-
+

Change font size