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The reason is simple: lop-sided development. Unless backwards states in India develop their economies, things will remain this way. Modi needs to desperately address this in his third term.
Fees.
Clients will pay premium fees to offices of firms based in NCR, Mumbai and Bangalore. Nowhere else. Not even Chennai and Hyd. Bombay office of, say AZB will get better fees than one in Chennai, if they had one there.
Would you rather live in New York or Pakistan?
The city is growing rapidly and it’s high time law firms should set up there as well. From
international airports to international cricket stadium to having its own metro line and an IPL team. The city almost has everything. Why not establish firms there ?