Linklaters establishes Indian foothold

Linklaters has drawn up a referral arrangement contract with a new Indian firm in a move that could lead to the magic circle firm having more access to the Indian market. The deal means Linklaters and Mumbai-based Thawar Thakore & Associates, which is officially launching in January, will refer work to each other where there is a demand for India-related advice from international clients. The move is set to unsettle lawyers in the local market, who believe that this will be seen as an attempt to directly enter the India market, which is prohibited under India’s bar rules.