For decades, I have spoken about India with the senior leaders of major law firms around the world. Because India was closed to the idea of foreign law firms practicing within its borders, the subject was academic to many.
This is changing now. My fellow Edge principal, Bithika Anand – founder of Legal League, India’s most prominent consultancy to the legal profession, and former executive within India’s most prominent law firm, Armachand – now announces that India is relaxing its restrictions. While India is opening its doors carefully, it is nonetheless doing so.
Many of the law firm leaders outside India have operated under the misapprehension that the legal market in India was fundamentally the inexpensive variety, utilized for outsourcing. That is a myth. The top law firms in India are among the best in the world. They are not only among the finest in terms of the substantive quality of legal work they provide, but they also employ management sophistication that is rarely seen elsewhere.
Notwithstanding that foreign lawyers have not been allowed to practice in India, top Indian firms have often involved the best foreign lawyers in the world in their efforts stay at an unsurpassed level of global sophistication in their substantive practice areas.
Read Bithika’s article contained in this special issue of Edge International Communiqué closely. If your firm wants to explore India, whether from the vantage point of having a “best friend” relationship, practising on the ground there, or simply attracting work from some of India’s top corporations, feel free to contact Bithika or any other Edge principal to discuss this in much greater detail.
Bithika will be joining select fellow Edge principals in Australia next month and in California early next year for informal meetings with law firm leaders who are interested in what Bithika has to say.