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Time for doing / Issue 63

Legally India newsletter
Legally India newsletter
Few were surprised when the Bar Council of India (BCI) had too much to do and too little time last weekend, and worked its way through only a few points on its long list.

The foreign law firm question inevitably proved too big to handle on just two days and was postponed to October. However, apart from sporting new wardrobe, it was a good start and the BCI proposed new ethics rules for Indian lawyers and pushed forward the law school reform plans.

Law firm Krishnamurthy & Co or K Law as it likes to call itself, seems to be coping fine with an ambitious agenda and has become the newest member of the loosely defined 'national law firm' club. The little more than a decade-old Bangalore firm has opened up a new office in Delhi, which is its third office in less than two years (including the revitalisation of Chennai).

Out with the old in Mumbai's J Sagar Associates (JSA) office meanwhile, as the firm has tightened its policies around long-term interns, which it hopes will attract more talent from law schools across the country. As such, it is a move away from one of the vestiges of the old-school Bombay solicitors' firms: the eternal articled clerk or intern, studying and working for years with a firm until one day they get a job by default.

And another very new idea on Legally India this week: we have launched Legallypedia - a Wikipedia for lawyers. Much like its inspiration, Legallypedia is set to become the number one resource with up-to-date information about the Indian legal market. But it needs your help: if you are a lawyer at a firm or company or a student, please guide current and future generations of lawyers by sharing your knowledge.

Hand-in-hand with Legallypedia we are also proud to soon launch the bigger and more interactive second season of the spectacular Mooting Premier League (MPL), with this retrospective of the alternative winners of last year's MPL sponsored by Clifford Chance. Get in the mooting spirit!

Almost as competitive as the amateur mooting circuit is the blogging competition rivalry. Congratulations to the excellent winning bloggers of the first leg: John2010 for the best blog about life as a law student and nandiireywal for the best blog about life as a qualified lawyer.

Now, the competition is entering its second round with the vote for the funniest, most useful and best-written legal blogs. Read, laugh and/or weep!

Also this week on Legally India, analyse and watch CNBC's latest episode of blockbuster show The Firm, deciding whether the controversial Vedanta-Cairn acquisition non-compete fee is a fish or not.

And finally, as almost every week, there was not a dearth of deals to be done in India, and the battle for disinvestment dominance continued as Amarchand and Dorsey won the $1.8bn Power Grid public offer instruction, while rivals Luthra and DLA were disqualified from bidding by unfortunate rules. Click on through for the best of the rest of Indian dealmaking.

The only main problem would be too little time.

Forum post of the week

"I researched a lot on ADR in my second year. The field is replete with opportunities," answers LegalPoet to those looking to get into the field.

Comment of the week

"In the previous LI story comments there was not a single person who could agree with the India Today /outlook rankings and everyone cribbed, complained and insulted the magazines. But everyone just sat on their backside and did nothing." Comment #100 out of #156 wonders about the strange animosity towards NUJSians complaining about the rankings that nobody loves.

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