Articles tagged with: foreign law firms

Survey: 9 out of 10 GCs want foreign law firms to enter, and most think foreign lawyers are better than domestic ones

General Counsel (GC) from 87 Indian companies would mostly like foreign law firms (FLFs) to come into India, but fewer than half of them would prefer giving their business to the FLFs, even though a majority of them find that the FLFs are generally more competent than Indian law firms.

Painful but possible: Ex-JSA’s Berjis Desai speaks freely about what he thinks Indian law firms must do to survive the foreigners

When we interviewed former J Sagar Associates (JSA) senior partner Berjis Desai last month about his new post-retirement life as a private lawyer, he said that one of the advantages with not being inside a law firm anymore, was that “one is freed from the world of conflict of interest - one is free to say what he wants, and speak what one wants.”

GLC Mumbai ‘01-batch, Clifford Chance London SA Amer Siddiqui levels up to partner at Simmons & Simmons

2001 GLC Mumbai graduate and Clifford Chance London senior associate Amer Siddiqui has joined Simmons & Simmons as a partner in its capital markets team.

NLS ‘05 grad Kanyaka Ramamurthi makes partner at Linklaters (senior partner excited but also disappointed this year)

Linklaters has promoted managing associate and NLSIU Bangalore 2005 graduate Kanyaka Ramamurthi to partner, as reported by The Lawyer.

Freshfields tops 2016 India M&A league table of foreign firms, ahead of Slaughters, Links, Herbies • DLA wins volume game

Freshfields Bruckhaus Deringer has topped the mergermarket value league table of international law firms that advised on M&A deals in the record 2016 calendar year.

Freshfields India head Pratap Amin retires: May consult, or join UK or India Inc in-house

Freshfields Bruckhaus Deringer London-based partner and India practice head Pratap Amin has retired from the firm and is in the process of deciding whether to go independent as a consultant or joining a UK or Indian company in-house.

After Silf, BCI too is up in arms about possible plan to let foreign law firms into SEZs

Apparently, according to the Hindustan Times , Bar Council of India (BCI) chairman Manan Kumar Mishra thinks that the potential but still very tentative plan of the government to allow foreign law firms to open up in special economic zones (SEZs) is an attempt by the government to undermine the BCI....

GCs from India Inc agree: ‘BCI is the biggest bottleneck to law firm liberalisation at the moment’ but much work remains more widely

General counsel (GCs) from at least 15 big Indian companies welcomed liberalisation in Indian legal services, and said that the Bar Council of India (BCI) was currently the “biggest bottleneck” to law firm liberalisation.

Foreign firms in SEZs: As expected, Silf resolves ‘unanimously’ to oppose government notification

The Society of Indian Law Firms (Silf) reportedly passed a resolution yesterday opposing the government’s notification that might have been intended to pave the way for foreign law firms to operate in special economic zones (SEZs).

SILF tries to figure out response to foreign firms: Lalit Bhasin doesn’t want ‘evasive answers’ from members

The Society of Indian Law Firms (Silf) is not yet sure how to deal with the government’s surprise rule change that might see foreign law firms open up in special economic zones (SEZs) such as the Gujarat International Financial Tec-City (GIFT).

Will foreign law firms open first in SEZs (and GIFT)? Not yet, but gov’t paves a way with rule change

As first reported by Live Law this week, the ministry of commerce and industry, which has been spearheading the government’s efforts to liberalise the legal market, alongside the law ministry, has revoked a ban on the practice of law from special economic zones (SEZs), by issuing a notification in the Gazette of India amending the Special Economic Rules governing Special Economic Zones on 3 January 2017.

NLS ‘04 grad Sinjini Saha gets partner at white shoe firm Cadwalader, London

Cadwalader Wickersham & Taft special counsel Sinjini Saha, who is a 2004 graduate of NLSIU Bangalore, has been promoted to the US law firm’s partnership in London.

MoFo elects DU grad Amit Kataria to partner in Hong Kong

Delhi University 2004 graduate Amit Kataria has been elected to Morrison & Foerster’s partnership in Hong Kong, as part of a round of promotions to new partners.

(Go)Indigo has a new GC: Gibson Dunn counsel Priya Mehra joins from Singapore with associate Bahadur

Indigo has hired a new general counsel (GC) with Gibson Dunn & Crutcher Singapore-based of counsel Priya Mehra, reported Bar & Bench.

Weils promotes 2006-NLS-debt specialist Nitin Konchady to partner

Weil Gotshal & Manges associate Nitin Konchady, who is a 2006 graduate of NLSIU Bangalore, has been promoted to partner in the London banking department’s Europe-focused high yield debt practice area in a partnership promotion round of 13, according to the firm’s press release.

‘Students will have best bargain’ in foreign firm entry, says NLU Delhi VC Ranbir Singh, now on IAU board

ranbir singh
ranbir singh
NLU Delhi vice chancellor (VC) Prof Ranbir Singh, who on Friday joined the board of the 300-plus member International Association of Universities (IAU), said that the “timing is proper” for liberalisation in Indian legal services.

‘Students will have best bargain’ in foreign firm entry, says NLU Delhi VC Ranbir Singh, now on IAU board

ranbir singh
ranbir singh
NLU Delhi vice chancellor (VC) Prof Ranbir Singh, who on Friday joined the board of the 300-plus member International Association of Universities (IAU), said that the “timing is proper” for liberalisation in Indian legal services.

‘My Lord!’ • BCI chairman Mishra threatens strikes in letter to ‘beloved Narendra Modiji’, ‘our guardian, our guide’, ‘most efficient & able leader’

Senior counsel and Bar Council of India (BCI) chairman Manan Kumar Mishra has sent a letter to prime minister Narendra Modi, copying in the finance, law and commerce ministers, pleading with Modi to not challenge the BCI’s role in regulating the legal profession and the entry of foreign law firms and to bring the BCI back to the negotiating table about the future of the profession.

British PM’s India mission to ‘pave way for UK lawyers’ • Services discussed today • BCI complains to NaMo

Opening up of professional services appeared to have been discussed by the delegation headed by UK prime minister Theresa May with the Indian government today, with British justice secretary Elizabeth Truss having said that May would “pave the way for UK lawyers to practise there” after she was asked about the progress of liberalisation in the UK parliament.

ICCA seeks to rescue liberalisation talks with 8-week roadmap to hammer things out • Responds to BCI slights

ICCA proposal of a 8-week, 8-meeting roadmap to hammer out liberalisation
ICCA proposal of a 8-week, 8-meeting roadmap to hammer out liberalisation
The Indian Corporate Counsels Association (ICCA) has proposed eight weekly meetings between various stakeholders in the legal services liberalisation discussion, in order to prepare a status report on the points of consensus and disagreement between them.