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foreign law firms

28 September 2011

imageExclusive interview: Following a high-powered UK delegation’s meeting with the Indian law minister and the Bar Council of India (BCI), ex-Allen & Overy (A&O) partner and current Law Society of England & Wales president John Wotton says he is optimistic about the progress of Indian legal market liberalisation.

He is not the first foreign lawyer to have felt that way.

19 September 2011

Legally India newsletterIn the seemingly never ending story of Indian legal market liberalisation a new player has entered the field.

14 September 2011

image Kenneth Clarke, the UK’s Secretary of State for Justice and Lord Chancellor who will visit India in the coming weeks, said at a speech today that it was in the interests of Indian business to open up the legal sector to foreign law firms or suffer because of “restricted domestic legal provision”.

10 August 2011

dead-end-sign_by_Andrew-Mason The Bar Council of India’s (BCI) counter-affidavit filed in the AK Balaji Chennai case against 31 foreign law firms said that the BCI has decided not to relax the restrictions prohibiting foreign lawyers from practising and that the issue raised by the writ was “no longer res integra” because it had been settled in the 2009 Lawyers Collective case.

Legally India understands that the BCI’s thinking is that internal disparities at the Indian bar need to be eradicated through reform before making any decision on foreign firms.

02 August 2011

The Madras High Court today adjourned the A K Balaji writ against 31 foreign law firms to 22 September for final hearing and disposal of the case as the Bar Council of India (BCI) filed its reply in favour of the petitioners.

02 June 2011

NLSIU-Bangalore-Library NLSIU Bangalore has seen all of its 76 students in the 2011 batch kept busy after graduation, with 63 participating in the recruitment process and all of them finding desk-based jobs with Indian law-firms, corporate houses or foreign law firms.

01 June 2011

image One year after it first sued 41 foreign laws firms, the Association of Indian Lawyers (AIL) has filed a case against the Delhi-based London Court of International Arbitration (LCIA), wanting to excise the words “London Court” and alleging that the arbitration organisation is introducing foreign law and lawyers under the garb of arbitration.

20 April 2011

image DLA Piper has promoted 1997 NLSIU Bangalore graduate and foreign law firm veteran Biswajit Chatterjee to its partnership in Singapore.

19 April 2011

The year-old Chennai writ petition against 31 foreign law firms in India has been adjourned to 2 August with the filing of an affidavit by the government today.

08 March 2011

The writ petition against 31 foreign law firms in Chennai has been adjourned to 19 April following the Bar Council of India (BCI) having failed to hold a meeting to discuss the legal position of foreign lawyers.

17 February 2011

Exclusive: Almost half of a sample of India’s fastest growing companies still relied on domestic law firms to introduce them to foreign law firms, according to a report.

31 January 2011

Law Minister-Veerappa Moily Law minister Veerappa Moily admitted that the entry of foreign firms could be good for business if local lawyers were allowed to build capacity before an “onslaught from the rest of the world” and that he had seen 80 national law school graduates prosper at London firms, in a revealing interview with the Mint paper today, adding that the door was still open to transfer the Chennai writ petition against foreign firms to the Supreme Court.

Arguing that legal education should be taken away from the BCI, he denied that the Bar Council of India (BCI) should feel threatened by the Legal Practitioner’s Bill.

28 January 2011

image In a letter to BCI chairman Gopal Subramanium, American Bar Association (ABA) president N Zack urged the Bar Council of India (BCI) to maintain “status quo” when discussing the entry of foreign law firms tomorrow (29 January).

25 January 2011

road-closed-sign Senior advocate and former additional solicitor general Abhishek Manu Singhvi yesterday argued for an early disposal of the Chennai writ petition against foreign law firms while the matter was once again adjourned after the Bar Council of India (BCI) counsel promised comprehensive guidelines regulating the activities of foreign law firms would be discussed at a meeting before the month-end.

24 November 2010

The Chennai writ petition against 31 foreign law firms was taken up today after having last been heard on 5 October but has again been adjourned to 25 January 2011 following the Central Government’s plea to seek broader consultation with foreign firms and an impending all India bar councils’ meeting.

17 November 2010

Responding in writing to a question in the Indian parliament law minister Veerappa Moily stated that there were no proposals to allow foreign firms into India.

10 November 2010

Obama Discussions to allow foreign law firms to operate in India were dropped during US President Barack Obama’s state visit to India, said two US law firm partners who were part of the delegation.

05 October 2010

clock-eternal-by-RobbertvanderSteeg The Chennai writ petition against 31 foreign law firms has yet again been adjourned for two months following the Government’s and Bar Council of India’s (BCI) pleas for enabling them time to formulate regulatory guidelines in the BCI’s bid to invite consultation from all stakeholders.

29 September 2010

road-closed-sign The Law Ministry has issued two statements on behalf of the Bar Council of India (BCI) that the regulatory body “has decided not to permit foreign lawyers into India” but was subject to “rational scrutiny”, despite the BCI not having discussed the issue at the BCI’s three previous meets.

06 September 2010

curvy-road-sign-by-bob

Who are the players in the saga around legal market liberalisation? And do those in favour actually care enough to make a difference? Legally India talks to the opposing factions and finds out why no progress has been made - and if any is around the corner.

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