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CC eyes Indian market with Amarchand hire

Maybe it does Any law firm in the world is going to be cheaper to hire than a decent UK based law firm. But thats not the point or the correct comparison to make. CC in an East European country will not, rack rates notwithstanding, be able to or need to charge as much as CC in London. Jurisidiction specific pricing and pay is an integral part of the business. So, the question is, how would the CC India practice based in Singapore or in India charge Indian clients? With the better Indian law firms charging a broad blended of between US$ 300 - 450, I strongly suspect that the price difference between top rung Indian law firms and international law firms with teams based out of Singapore or India will not be much. The question Associate should therefore ask is: Will Indian clients be happy to pay International law firms the same or marginally more than they pay top Indian law firms for Indian advice, assuming of course, that International law firms are permitted to issue such advice? There is no question of paying UK rates.

19-Aug-2008

4:28 pm