Categories:India & Pakistan

Ashurst shuts Delhi branch in wake of Lawyers Collective judgment

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  • At the above poster, cutting and pasting your views from another website is hardly original. As for pitching to Public Sector Undertakings, you're probably aware that any disinvestment or offer of securities to foreign institutional investors or otherwise, will require foreign counsel. Why not have them sitting in Delhi instead of Singapore, Dubai, London or New York?

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  • On a recent trip to India I met with some of the leading law firms and each lawyer I met (all young, recently made up Partners) was somewhat embarrassed about this situation and completely unable to justify it.
    It is market protection - that's all there is to it. Client service or needs don't come into this at all. The Indian legal profession has a lot of political clout and they use it well...altough ironically only the larger law firms actually benefit from this, since a non-Indian law firm is hardly likely to compete with Indian lawyers for the morass of Indian litigation work.
    On the upside, some Indian clients have realised that there is better quality service to be obtained outside India and we are seeing the effects of that. Some forms, of course, have hired Indian-qualified lawyers to service their Indian clients outside India.

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