India’s Legal Market Liberalization: Foreign Firms Welcomed Amid Cautious Optimism

International law firms have expressed a positive outlook following the Bar Council of India’s recent decision to amend regulations, thereby allowing foreign legal practices to be established in India. This move marks the culmination of efforts that began over two years ago when the Indian authority initially suggested opening its legal market to foreign entities. However, not all international firms are rushing in. Some exercise caution, withholding detailed commentary or commitment regarding their future strategies for expanding in India. To read more about this development, visit here.