We want LI to be one of the friendliest places on the internet, where lawyers and law students help each other with their career related queries and occasionally discuss other stuff that might affect their lives too. In other words:
1. Be kind, respectful and helpful to each other.
2. Be bona fide, truthful, genuine and curious.
3. Assume the best intention of others.
Therefore, in using the site, you must agree to do your best to uphold these community guidelines.
Note that what you find here is written and moderated by anonymous people on the internet.
Therefore everything you read here is very likely unverified, rumour, speculation and/or downright false.
In continuing to read anything here, you must therefore agree not to take anything you read here as factual and that you will exercise due caution, diligence and common sense before acting on any information you may come across here.
You also agree to report any inaccurate or malicious comments with the buttons. Moderators take action within 24 hours, as required and appropriate under law.
Our full terms and conditions apply too.
Do you solemnly agree to all of the above?
The UK is likely to focus on gaining access to the market in India for UK companies offering financial and legal services.
https://www.deccanherald.com/national/india-uk-set-to-begin-sixth-round-of-free-trade-agreement-negotiations-1170633.htmlhttps://www.deccanherald.com/national/india-uk-set-to-begin-sixth-round-of-free-trade-agreement-negotiations-1170633.html
https://www.livemint.com/economy/india-uk-to-start-6th-round-of-trade-talks-11670775587219.html
You are free to say whatever you feel like.
Mr. Bhasin is insecure about the services he provides, he fears that he will sell potatoes if foreign law firms are allowed in India.
P.S: Vodafone which is a foreign entity is struggling in the Indian Market while Jio an Indian entity is doing decent (There are so many such example
I think Silf Uncles would not let that happen.
The Indian legal industry could potentially serve as a goldmine that has only been exploited by the locals, the entry of foreign firms would disrupt the entire market if they offer monetary compensations of even half the hours billed by lawyers, in contrast to a ridiculously high margin cut in lala firms.
There is also a massive potential for the UK lawfirms hiring Indian graduates at staggering costs, they would save a fortune if they could outsource their work to a branch that bills at 5 times cheaper rate.
Apart from a few equity individuals there is an incentive for the whole economy, I wonder how long does it take to finally liberalise the market.
If that indeed does happen, it means the profits of desi law firms (in particular one family) matters more to Modi than the lives of cancer patients in India. Is Mr Airport the reason?