Articles tagged with: liberalisation

4 more foreign firms get nod to practice Singapore law

Ten foreign law firms will now be allowed to practice local law in Singapore, after the country’s law ministry approved four new Qualified Foreign Law Practice (QFLP) licences out of 23 total applicants.

Clifford Chance first to form new rule Singaporean profit-share alliance with lit boutique

London-headquartered firm Clifford Chance has entered into a Formal Law Alliance (FLA) in Singapore with newly-founded litigation boutique Cavenagh Law, under the Singapore government’s new structure for international firms to operate in Singapore and offer local law advice. The boutique firm was se...

Trilegal to get sexy back without A&O love after radical management & equity shake-up

Trilegal Anand Prasad
Trilegal Anand Prasad
Exclusive: Trilegal, which is claimed to have been growing at 25 per cent per year, has converted into nearly a full equity partnership, created an elected management committee and a democratic model where the founding partners could theoretically be ousted by an equity partnership vote.

Legally India was candidly walked through the changes and examines the back story to the end of its best friendship with Allen & Overy (A&O), the grief lawyers can cause, one-way referrals and the inevitability of associate attrition when a firm has to run fast without godfathers.

Best friends Trilegal and Allen & Overy break up, citing lack of liberalisation progress

Brayne
Brayne
Breaking: Law firms Allen & Overy and Trilegal have ended their five-year best friend relationship, according to a press release from both firms.

Outlook talks foreign lawyers | PIL vs adjournments w/o reasons | BCI: Judge selection proposal politically incorrect | 200 SMS limit lifted | Delhi HC overrides RTI overrider

MSM bastion Outlook translates foreign law firm debate for Janta, gets views of BCI, SILF, Lawyers Collective and LI [ Outlook ] Activist files PIL in Bombay HC against lawyers seeking adjournments that court accepts without giving reasons under CPC. She had earlier filed RTI applications in small c...

Quarterly legal market recap: What you may have missed (Issue 120)

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Have you missed the Legally India newsletter? Good, we’re happy we’re back too.

For those who’ve not had time to follow what has happened in the industry for the past few months, please take out five minutes and peruse Legally India’s crisp summary and analysis of everything you need to know or may have missed in the Indian legal market.

SILF view clashes with BCI SC appeal over foreign lawyers but says CA firms practise illegally

Bhasin_Company-Lalit-Bhasin
Bhasin_Company-Lalit-Bhasin
Contrary to the approach taken by the Bar Council of India (BCI), foreign lawyers should be allowed to fly into India temporarily to advise clients and assist in arbitrations, decided the Society of Indian Law Firms (SILF) in its general board meeting on Saturday, while noting that chartered accountants have been flouting the rules.

Comments of the week: Building Balaji temple | Power to the people | Alien terrorists in law | Corp Pride march

COTW: Witty, pretty and fine
COTW: Witty, pretty and fine
Again this week, LI’s readers got to excavating the bizarre, fecund and true layers beneath LI stories. Here’s the best of the best.

MSM reports of ‘blow’ to foreign law firms greatly exaggerated: SC affirms fly-in-fly-out, cites repealed FERA, nothing changed

Reports of foreign law firms' death greatly exaggerated
Reports of foreign law firms' death greatly exaggerated
Contrary to media reports, the Supreme Court has reaffirmed the Madras high court judgment on foreign law firms, expressly permitting the “fly-in-fly-out” of foreign lawyers, while reiterating the law laid down in the Bombay high court’s Lawyers Collective judgment preventing foreign lawyers from opening up offices in India.

BCI opens aggressively v foreign law firms in apex court Balaji appeal; Service in 10 weeks [Update 1]

Round 2
Round 2
Breaking: The Supreme Court has given 10 weeks to serve 31 foreign law firms and the respondents in the apex court appeal against the AK Balaji Madras writ petition, with the Bar Council of India (BCI) arguing that the law should prohibit foreign lawyers from even temporarily travelling to India to advise clients.

A&O to get liberalisation back on agenda with survey showing 9 of 10 corp lawyers want foreign firms, only 1 in 10 want reciprocity

allen-overy-Jonathan-Brayne
allen-overy-Jonathan-Brayne
Aiming to rekindle a “constructive debate” on the liberalisation of the Indian legal sector, UK headquartered magic circle firm Allen & Overy (A&O) has started a public relations (PR) offensive with an independent survey that confirmed overwhelming support for the entry of foreign law firms among Indian corporate lawyers and clients.

[APRIL FOOLS’ DAY] Breaking: BCI weakens opposition to entry of foreign lawyers, allows firangs lower court practice

BCI gives green light
BCI gives green light
Exclusive [but not true]: The Bar Council of India (BCI) passed a resolution late yesterday to allow English and Singaporean lawyers to practice in district and lower courts, paving the way for an eventual staged entry of foreign law firms into India.

Chennai writ losers: LPOs, CAs, secondments & logic. Winners: Invisible in-house & pragmatism

1960s Advocates Act: Kaputt?
1960s Advocates Act: Kaputt?
The ruling in the Chennai writ petition was hailed as pragmatic for solving the nearly two-year-old deadlock foreign firms were in. But frankly it is likely to continue exposing the deficiencies of the 1961 Advocates Act in dealing with modern-day India. And it could possibly plunge a number of industries into a world of pain via the Bar Council of India (BCI).

Chennai writ ruling: Foreign lawyers can advise foreign law but not domestic; LPOs must not give legal advice [download judgment]

The Chennai High Court has cleared foreign lawyers from flying in and out of India to advise on foreign law, as well as the operations of legal process outsourcing (LPO) outfits, although it added that foreign lawyers would not be allowed to practice domestic law unless they registered with the Bar Council of India (BCI).

Madras HC may give verdict in writ v foreign firms in 4 weeks, as arguments close

Foreign firm crossing: Stop and Go
Foreign firm crossing: Stop and Go
The Madras High Court reserved its judgement yesterday and has begun deliberating on the fate of 31 international law firms and legal process outsourcing (LPO) outfit Integreon, and whether they face a ban of flying into India, after counsel for all sides concluded arguments.

ABA-India panel debate: Can foreign lawyers practice foreign law in India; can Indians lawyer in NY/Lon?

Uncertainty still prevails over whether overseas lawyers can fly into India to advise on foreign law, concluded an animated panel-discussion at the first American Bar Association (ABA) conference in India held last week at the Taj Lands End in Mumbai.

Mint Blog: 5 biggest law firm stories of 2011 & latest on Chennai writ v foreign firms

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Legally India’s last Mint column in 2011 gives its verdict on some of the past year’s biggest stories related to corporate law firms, with an unashamed slant bias towards UK-Indo relations. Click here to read more.

‘Perjury is rampant’: Ram Jethmalani on the art of cross-examination, Adam & Eve and why political parties don’t care about foreign law firms

Cross-ex recipe:
Cross-ex recipe:
Legally India bumped into senior counsel and BJP parliamentarian Ram Jethmalani on 5 November, relaxing on a grassy lawn of Goa’s Grand Hyatt hotel on the fringes of Tehelka’s Thinkfest, where he was a speaker.

We asked the undisputed champion of cross-examination for a master class in the subject, covering Oscar Wilde, the Bible and being a hermit in preparation. We also wondered whether politicians cared about legal sector liberalisation at all.

Legally India now blogs on The Lawyer; Introduction: The forbidden land of ‘approximately’ 1.2 million lawyers

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Legally India editor Kian Ganz will now blog regularly in The Lawyer magazine’s new blogs section about the Indian legal landscape. Here is the first post.

By far the personal question that I get asked the most by lawyers in India and abroad is: “Why India?” You might want to ask A&O, CC, Links or Freshfields or the rest of the pack the same question.