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CC eyes Indian market with Amarchand hire

Does it really work? After watching several unhappy Indian laterals leave my previous firm I'm not convinced that this model (of hiring lateral Indian qualified lawyers) is going to be effective. I'm not entirely sure if the firms that do this are hoping to (i) get instructed to advise on Indian law or (ii) just want to win more international work from Indian corporates. David Dunnigan's comments imply (i). However, there are plenty of firms in India which offer Indian law advice at much cheaper rates than the top City firms. Indian clients will simply not want to pay UK rates for Indian legal advice. As a means of winning international work from Indian corporates, I doubt CC needs to enhance it's credentials in India as an international firm by hiring Indian lawyers. This could be a mistake for both CC and the new hire.

19-Aug-2008

3:44 pm