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Lol, name one professor in commercial or company law in India that produces as fantastic research as BS Chimni or Upendra Baxi and the like? It is not that the non-commercial law professors (coming to human rights point in a bit) have a strong lobby, it is that law firm partners and senior advocates produce really shoddy pieces in the name of research which would never fly in a top journal. Their academic merit is seriously questionable. This is unlike places like US, Europe, Singapore etc. where commercial law people, including judges regularly publish in top journals - something that is unimaginable in India. Just look at big law firm people publishing in Harvard Law Review and the like - ask a law firm associate to write something for it and they will shit their pants.

Now, coming to the 'influential lobby of HUMAN RIGHTS professors' point. The fact that you created a dichotomy of commercial law and human rights is telling, right? How corporate law produces inequality and hierarchy is something you will not get by reading tech law or finance law. There is no human rights vs. commercial law, there is only human rights AND commercial law; they are not mutually exclusive, unlike your spurious dichotomy might suggest. So, you have to come out of your tiny hole.

If you are so concerned about the funding - where is the private sector funding? Why do law firms not fund chairs which pay so much that Cyril bhai wants to become a professor? Non-commercial law professors are less motivated by money than commercial law people (otherwise they would have opted for other careers), so let the law firms and big tech companies establish exceptionally well-paid chair professorships. Perhaps even the great commercial law professors in institutions abroad might want to come and work in India. Would work well for everyone involved, including the students, university, teachers and the country as a whole.