Brown Rudnick has entered into an exclusive referral relationship with Indian law firm Poovayya & Co giving the US-based firm a foothold into the booming Indian market.
The Boston-based firm announced today that it has entered into an exclusive referral relationship with the Bangalore-based firm. The relationship will be managed by Brown Rudnick’s India practice leader Rahoul Roy and by Poovayya & Co’s managing partner Sajan Poovayya.
Brown Rudnick’s chief executive Joseph Ryan said in a statement: “[India’s] growing economy continues to attract investors and entrepreneurs from around the world. Forming this relationship with Poovayya & Co. will better position us to provide seamless legal services to clients looking to do business in or with India.”
The announcement comes at a time when India is facing increasing pressure to liberalise its legal services market.
Last month (January) the UK legal team of the UK-India Joint Economic and Trade Committee (Jetco), which consists of the Law Society of England and Wales, Allen & Overy, Ashurst, Clifford Chance and Pinsent Masons, traveled to India in a bid to progress talks about the opening of the Indian legal services market with its Indian counterpart.
After the trip, Law Society head of international Alison Hook told The Lawyer: “The trip went better than we could have hoped for. We’re running a marathon but we’ve now crossed the starting line.”