For long, representatives from London had been pushing to “liberalize” India’s legal service space by allowing the entry of lawyers and firms that are originally registered outside India. The reason for this is the “huge” market for quality legal minds that India has to offer.
As per a report, the average billing that Indian law firms charge (per hour) from their clients is $271 or Rs 22,000 per hour. The highest is being earned by employees at the managing partner level (up to $2,000 per hour or Rs 1.65 lakh per hour).
In September last year, representatives of the Law Society of England and Wales and the UK government’s Department of International Trade had come to Delhi and met Indian representatives, including bureaucrats, members of BCI and those of Indian law firms, to persuade them to allow foreign law firms to come to India.
Denne historien er fra March 19, 2023-utgaven av The Sunday Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra March 19, 2023-utgaven av The Sunday Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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