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?
Further, such product and revenue generating businesses like software, have a higher scale and are sold abroad as well, where maximum profits are made considering the PPP. In 10 years any large fashion brand like Aditya Birla or any conglomerate may acquire them at a huge premium, even if they aren't doing that well. If they are, they cud be like a billion dollar startup. If they are loss making, they could go IPO or go debt and then maybe turn profits later.
All of this is not possible in a law based business because it is based on professional expertise specifically in Indian Laws. Expertise needs high costs but doesn't scale all too much. Also none of the shares can contribute with their expertise in sales etc., because the legal market is not very globalized and organised and the dynamics are very very different. Maybe if the Trilegal founder were to be a shark, there cud be a chance.