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Firms use interim tactics to position for Indian liberalisation
Sign of Things to Come
Well, Rahul Guptan's move is nothing unusual from his as well as CC's perspective. If the international firms plan to position themselves for an imminent Indian entry in the next five years packing up competent Indian lawyers is but obvious. Associate hire cannot give the desired boost unless there are some Indian hires at the partner level to guide the hired associates and maneuver the Firm's visibility among Indian business and Indian focused businesses.
As for the Indian firms, the lateral shifts could be shaped to work out for their benefit by helping strengthen relationship between the foreign firm and the Indian firm. Most likely the foreign firms would take time to be full service providers in India and would necessarily have to rely upon strong Indian connections. This is what the Indian firms may look at for creating supporting relationships with the outgoing lawyer/partner and the foreign firm.
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