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https://www.youtube.com/watch?v=DA_PlQfK3Gk&t=734s
Let’s watch the fun then 😅😅😅
It all boils down to revenues. No Indian client will agree to pay US/UK rates to foreign firms for work done in India. If they work at India rates, then they have to compete with existing firms, who are deeply entrenched in the ecosystem, especially in the disputes and regulatory practices. At the very best, firms will open small branch offices aimed at BD with maybe a handful of lawyers to service foreign clients on occasion.
They're all much more interested in setting up shop in KSA, where the market for legal services is not remotely as saturated as India and clients are more than happy to pay full dollar rates to firms.