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Thanks for your responses :)

Got the much needed clarity. Any other place I can explore outside India, which has a good funds practice (except Dubai)?

Also, do I need a LLM degree to break into a good law firm outside India?
Capital Markets, PE/VC, Funds Practice are one of the best practice areas that help in landing foreign law firm roles
Pretty decent opportunities relative to other practice areas, for lateral moves overseas. People have made the jump after 3-5 years. It really depends on hiring needs in the London market.