Articles tagged with: foreign law firms
Liberalisation case closed: Foreign lawyers finally more cautious • LCIA argued for allowing foreigners to arbitrate here • BCI says no (again)
The Supreme Court today finished hearing counsel in the Bar Council of India (BCI) petition against the practice of law by foreign lawyers in India, in a hearing that began in the morning and reconvened at 3pm to finish only by nearly 5:30pm.
Milbank hires NLS ‘04 partner Sinjini Saha from Cadwalader London + 3 to add volume to restructuring practice
Milbank Tweed Hadley & McCloy added former Cadwalader Wickersham & Taft partner and NLSIU Bangalore 2004 alumnus Sinjini Saha in London, as reported by Legal Business.
Possibly final leg of liberalisation case to continue tomorrow (23 Jan) in SC
Liberalisation in SC: Centre, LCIA feel Indian lawyers would bear brunt offshore if BCI, SC don’t hurry up in welcoming foreign firms
Indian lawyers practising abroad would end up bearing the brunt of the Bar Council of India (BCI) potential regulation of foreign law firms under the current regulatory regime, argued London Court of International Arbitration (LCIA) counsel Dushyant Dave before the Supreme Court yesterday.
Liberalisation in SC: Centre, LCIA feel Indian lawyers would bear brunt offshore if BCI, SC don’t hurry up in welcoming foreign firms
Indian lawyers practising abroad would end up bearing the brunt of the Bar Council of India (BCI) potential regulation of foreign law firms under the current regulatory regime, argued London Court of International Arbitration (LCIA) counsel Dushyant Dave before the Supreme Court yesterday.
5+ year old foreign law firms case hearing again today
The Supreme Court refused to entertain adjournment pleas by senior advocates in today’s hearing of the Bar Council of India (BCI) writ against the entry of foreign law firms into India, reported Bar & Bench.
11 myths against foreign law firm entry countered (as presented at INBA-Ministry liberalisation conference)
On Saturday, 11 November, the Indian National Bar Association (INBA) had held the “Bar Leadership Summit on Reforms in the Indian Legal Sector” conference to discuss the future and liberalisation of the legal profession, and to bring together leaders of the bar and the government.
Penningtons, ex-Fox-London head Ajit Mishra joins Rosenblatt Solicitors as India head
UK firm Penningtons Manches LLP India group co-head Ajit Mishra, has joined London-based Rosenblatt Solicitors as the head of its India group.
Luthra’s Mohit Saraf: By end of 2018 ‘ready’ for foreigners who’ll only open small offices (after having pushed for Indian lawyer hiring ban 2 months earlier)
Luthra & Luthra senior partner Mohit Saraf, who was one of the Indian law firm promoters requesting the commerce ministry in liberalisation negotiations to prevent foreign firms from hiring Indian lawyers, said in an interview with Asia Legal Business that if foreign firms open in India, they would only be with a “very small office”.
Cleary promotes Amarchand-NLS-alum Nallini Puri in London in tiny round of 3
US-international firm Cleary Gottlieb Steen & Hamilton has promoted three to partner this year, including London-based M&A lawyer Nallini Puri, reported The Lawyer and others.
‘Ludicrous’: 94% of foreign firms don’t actually want to open an India office in an SEZ reveals survey, cast doubt on gov plans
In an online straw poll of foreign law firm India group partners we conducted, 15 out of 16 (94%) responded that opening an office in a special economic zone (SEZ) in India “would not be interesting for us under any circumstances”, casting doubt over the government’s current seemingly preferred approach to liberalise the Indian legal market by starting with SEZs.
SC sets 20 November to hear 5+ year-old foreign law firms appeal after government pressure
The Bar Council of India (BCI) appeal against the AK Balaji judgment of the Madras high court against 31 foreign law firms has been tentatively scheduled to finally happen on 20 November 2017, with the Supreme Court registry giving the green light in a 3 October order (see below), noting that all defects in service had now been cured.
At cosy ministry meet, SILF’s Bhasin, Sagar, Saraf press Indian lawyer hiring ban again for Phase 1 of liberalisation, INBA disagrees
At a smaller meeting called by the commerce ministry on 1 September with legal industry stakeholders, including Society of Indian Law Firms (Silf), the Indian National Bar Association (INBA) and Bar Association of India (BAOI), the three Silf members present reiterated their position that foreign law firms, if they were to enter India, shouldn’t be allowed to hire Indian lawyers.
Link Legal hires ex-Pinsent Masons chairman from UK to assist in international business
Link Legal India Law Services has hired the former senior partner and chairman of UK-headquartered firm Pinsent Masons, Martin Harman, as its “chair - international business”, according to a press release from the firm.
Today’s mega meet: PM dead serious about foreign firms in GIFT & India • BCI to lift advertising ban • 2-4 weeks for stakeholder comments
The law and commerce ministries, including law minister Ravi Shankar Prasad, met with a number of stakeholders of the Indian legal profession today, paving the way for the first stage of allowing foreign law firms to set up shop in India.
As SILF predicts liberalisation will happen any day now, BCI set to meet govt for long overdue talks tomorrow
The Bar Council of India (BCI) is set to meet the government tomorrow to discuss the new draft rules that will enable the entry of foreign law firms into India, reported The Lawyer (full article requires free registration) adding that the Society of Indian Law Firms (SILF) has already met with its members as a precursor to what SILF called the “inevitable and imminent” opening up of the legal services sector.
Gov tells SC: Closing liberalisation issue at ‘earliest possible’ of 'utmost importance'
The government has moved for an early hearing in the Bar Council of India (BCI) AK Balaji appeal in the Supreme Court, reported Bar & Bench.
CJI Khehar: Foreign lawyer entry will be good • 1 day later: BCI condemns ‘draconian’ LC report wholesale
Chief Justice of India (CJI) JS Khehar, as probably the first sitting CJI having been reported to do so, as far as we are aware, said at a function on Saturday (8 July) that legal market liberalisation should take place.
Tributes to Kirtee Kapoor: A wonderful man & pathbreaking India head of elite US firm Davis Polk [UPDATE-2]
Kirtee Kapoor, the head of Davis Polk’s India group and one of the first of a new generation of Indian-trained lawyers to make partner at top international firms, has passed away after having been hit by a train earlier yesterday morning in California.
NLSIU 2002 grad Ramya (Seetharaman) Tiller makes ultra-tough Debevoise equity partnership in New York
Ramya S Tiller (formerly Ramya Seetharaman when at NLSIU Bangalore until 2002), has been promoted to US international firm _Debevoise & Plimpton_’s partnership in New York alongside three other partners in New York, and three in global offices.