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In a significant development for the legal sector, international law firm CMS has followed through on its ambitions to expand into the Indian market by reaching an agreement with the local firm Indus Law. Under this arrangement, Indus Law will become a member firm of CMS, operating under the designation CMS INDUSLAW. This strategic movement towards collaboration marks a notable step, as it is among the first of its kind since India implemented new rules for legal market liberalization as of May 14.
CMS had begun discussions with its Indian counterpart around mid-2024, following extensive negotiations with other Indian law firms over the preceding year. This partnership signals CMS’s long-term commitment to establishing a robust presence in the Indian legal landscape, serving as a testament to the growing appeal of India as a market for international law firms seeking expansion.
For further reading, see the full article on Law.com.
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