Articles tagged with: liberalisation
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.
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.”
After Silf, BCI too is up in arms about possible plan to let foreign law firms into SEZs
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.
‘Liberalisation can never happen through BCI’: Ranbir Singh at Indo-Aus conference • Salman Khursheed: Young lawyers should help support it
The Bar Council of India (BCI) cannot be relied upon to take the legal services liberalisation process forward, said NLU Delhi vice chancellor (VC) Ranbir Singh on Saturday.
Advocates Act amendment ‘next session’, says BCI chair, as gag order shrouds reform talks in secrecy
The Bar Council of India (BCI) talks to come up with a new proposal to reform its regulation of the legal profession, have been shrouded in secrecy due to a media gag order since October.
‘Students will have best bargain’ in foreign firm entry, says NLU Delhi VC Ranbir Singh, now on IAU board

‘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

BCI makes friends with SILF, invites for help to regulate Indian & foreign lawyers • Bhasin, Rajiv, Jyoti, LK, Rohan Shah to visit BCI Saturday

The Bar Council of India (BCI) has invited the Society of Indian Law Firms (Silf) to help it fine-tune its proposal to the Law Commission, which was called upon by the Supreme Court to take a comprehensive look at the role of the bar councils’ “failure” and “inaction” in regulating the legal profession.
Under LawCom pressure, BCI drafts huge Bill to regulate deeper, harder, stronger with dominion over bar associations, youngsters, law firms

Entry of foreign law firms: We asked Prof Madhava Menon what he thinks
Liberalisation of legal services directly upholds citizens’ constitutional right to the choice of lawyers they want to engage, in Prof NR Madhava Menon’s view.
Upset BCI U-turns, throws spanners into today’s legal liberalisation talks • Ball now in GOI (and Supreme) court

ICCA draft liberalisation bill is most thorough yet: Proposes 26-49% legal FDI within 2-5 years, ad rules, CLE, insurance, more
The Indian Corporate Counsel Association (ICCA) has produced draft of a Foreign Legal Practitioners (Regulation of Practice) Bill 2016, which it will present at today’s meeting with ministries and stakeholders at 17:30 in Delhi.
Interview: SILF’s Lalit Bhasin slams quick foreign lawyer entry floated by INBA (which just won a seat at tomorrow’s negotiating table)
