Articles tagged with: liberalisation

‘Open legal market immediately’, proposes Indian Nat’l Bar Ass’n (INBA) in liberalisation report

The Indian National Bar Association (INBA) has weighed into the legal market liberalisation debate, coming up with a proposal that would see foreign law firms entering by the end of this year, with “complete liberalisation” proposed to happen by the end of 2019.

Liberalisation: Silf submits 52-page vision about how legal market should open in phases

The Society of Indian Law Firms (Silf) has sent its notes to the commerce ministry in the latest stage of the liberalisation talks.

LIVE BLOG • JGLS liberalisation talks: Commerce ministry talks plainly, discusses with Lalit Bhasin, R Luthra and more…

Jindal Global Law School (JGLS) Sonepat and the Indiana University Center on the Global Legal Profession is hosting a very interesting panel discussion today, which I intend to live blog here.

Meeting minutes reveal: SILF to arrange dinner with liberalisation ministers, law secretary • To build Rs 12.5 cr office with bar association

Undated photo of Silf president Lalit Bhasin with cabinet minister Arun Jaitley
Undated photo of Silf president Lalit Bhasin with cabinet minister Arun Jaitley
According to a copy of the minutes of the meeting of Society of Indian Law Firms (Silf) members on Monday, the SILF “decided to organise an interaction over dinner” with the recently re-appointed new law minister Ravi Shankar Prasad, the minister of state PP Chaudhary and law secretary Suresh Chandra, who is spearheading the liberalisation talks.

Will parliamentary monsoon session (and maybe liberalisation) be a washout because of SC Arunachal verdict?

The Narendra Modi government’s push for the Goods and Services Tax (GST) bill and other legislation - including potential reforms of the legal services sector - could see another roadblock in the upcoming monsoon session of Parliament with the Congress getting set to attack the Centre on the Supreme Court verdict to restore the ousted Congress government in Arunachal Pradesh.

Liberalisation Silf meet yday: Momentum grows, group of 7 law firm leaders to finalise stance by month-end

The Society of Indian Law Firms (Silf) meeting held in Delhi yesterday (11 July) to discuss its response and position to the Government proposal to liberalise the legal market, has seen the body set up a high-powered committee without any fundamental disagreements voiced about the next steps to take, according to several people who were present.

Today’s liberalisation talks: Gov’t very enthu • SILF averts ‘disaster’, swings postponement • Luthra highlights ambiguities

Possible artist's impression of today's meeting...
Possible artist's impression of today's meeting...
This morning’s hotly anticipated meeting between government ministries and several non-governmental organisations, including the Society of Indian Law Firms (Silf) and the Bar Council of India (BCI), passed without any principled resistance by stakeholders to the allowing foreign lawyers to practice in India.

Newsletter Special Issue 5: In which I stick my neck out and launch the new LI liberalisation likelihood index (Lilli)

As we would have alerted our premium subscribers on Friday when we broke the news, something actually Big and Important has happened for the first time in ages on the liberalisation front.

Liberalisation is close but far from a done deal: Analysing the BCI, Silf and others’ gameplans and odds of success

Is the door for foreign law firms to India half open or half closed? Guess what, it totally depends...
Is the door for foreign law firms to India half open or half closed? Guess what, it totally depends...
The liberalisation process might never have been as advanced, but it remains a process fraught with sensitivity.

Foreign lawyer entry closer than ever: Read long-awaited BCI draft rules on liberalisation (to be discussed on Tuesday)

The liberalisation gates have never been this half-open
The liberalisation gates have never been this half-open
The Bar Council of India (BCI) has drafted rules to allow foreign lawyers to practice in India, with the law and justice ministry having invited other ministries and three other organisations to discuss the proposals on Tuesday (5 July).

The story of JGLS’ S. Korean student who wanted to take the Indian bar exam last year, hoping for Advocates Act reciprocity

A South Korean citizen who graduated from JGLS Sonepat last year is facing a dead end at the Bar Council of India (BCI), on her application to take the All India Bar Exam (AIBE). She took admission to JGLS relying on the reciprocity clause in the Advocates Act 1961.

BCI is drafting regulations on foreign law firm entry

After a meeting between the Bar Council of India (BCI) and the law ministry on the subject of the entry of foreign law firms.

'It will happen soon', says law ministry on liberalisation, but all depends on speed of bar councils

The bar councils are the only remaining speed bump in the government liberalising legal services, the law ministry secretary responsible for implementing the entry of foreign law firms said today.

Liberalisation: ABA talked to BCI, law minister but no hard progress, despite SILF now 'fully supportive' of foreign firm entry

An American Bar Association (ABA) source told Legally India that the ABA president Paulette Brown had met with the law minister yesterday and talked about liberalisation.

First foreign law firm enters Iran (before India): CMS sets up corp office in Tehran

CMS has become the first international firm to open an office in Iran, two weeks after sanctions against the country were lifted by the US

Long-expected projects & parties (Newsletter Issue 127)

Our third email newsletter this year talks of the costs of doing business, the possibility of liberalisation, and a long-expected party…

Framing rules to allow foreign lawyers to set up India shops, Arun Jaitley tells UK counterpart

Finance Minister Arun Jaitley has expressed support for enabling foreign lawyers to establish a presence in India.

RBI confirms, somewhat superfluously: Won't permit foreign law firms to open liaison offices here

No “fresh permission or renewal of permission” shall be granted by the RBI to foreign law firms seeking to open a liaison office in India “till the policy is reviewed based on final disposal of the matter by the Supreme Court”, the _Reserve Bank of India (RBI) _said yesterday in a notification repor...

COMPAT recruits 2nd member after a year with ex-‘liberalisation’ commerce secretary Rajeev Kher (but speed likely to remain glacial)

One more seat at the Compat table remains
One more seat at the Compat table remains
Former commerce secretary and legal sector liberalisation architect Rajeev Kher assumed office as member at the Competition Appellate Tribunal (COMPAT) yesterday, according to its website, filling one of the two empty member posts which were last occupied at the tribunal in May 2014 and August 2014.

NY considers allowing foreign qualified fly-in-fly-out lawyers to practice temporarily

The New York judiciary is to decide whether to approve a proposal to allow foreign lawyers to advise in litigation and transactional matters on a short-term basis in the city, which is currently allowed by nine other US states, though those lawyers would only get a temporary licence and wouldn’t be ...