find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Foreign firms a step closer to India

Foreign firms a step closer to India

India's chief justice, Konakuppakatil Gopinathan Balakrishnan, has opened the door to the possibility of foreign law firms establishing themselves in India.Speaking to the Press Trust of India…

India's chief justice, Konakuppakatil Gopinathan Balakrishnan, has opened the door to the possibility of foreign law firms establishing themselves in India.

Speaking to the Press Trust of India (PTI), Justice Balakrishnan said that foreign law firms may be given permission to enter India on a reciprocal basis, that is, on the condition that Indian firms are also allowed to establish themselves in the foreign country.

"Unless and until other countries open the field for our lawyers, they cannot be given entry," Justice Balakrishnan said.

Currently, regulatory restrictions prevent foreign firms opening in India, but the country has been under pressure from the World Trade Organisation (WTO) to change this.

According to an article in the country's national newspaper, The Hindu, the Indian Ministry of Commerce and Industry -- India's primary link to the WTO -- has sought the opinion of the legal fraternity and the Law Ministry on the issue. The legal fraternity is reportedly divided on the issue and the Commerce Ministry is still waiting on a response from the Law Ministry.

Justice Balakrishnan's comments follow a recent announcement by international firm Clifford Chance that it has formed a "best friends" relationship with Indian firm AZB. The firm said it would seek to form a closer association with AZB if Indian law permitted.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Foreign firms a step closer to India
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Quentin Bryce
Oct 18 2017
DV has worsened in a generation: Quentin Bryce
Former governor-general of Australia Dame Quentin Bryce AD CVO has spoken of her deep distress about...
Lawyers
Oct 18 2017
Academics entertain the idea of law without lawyers
Researchers from Queensland will explore some of the most disruptive trends tipped to transform the ...
Please, Continue (Hamlet), Melbourne Festival
Oct 16 2017
Hamlet suffers slings and arrows of top Victorian barristers
Victorian judges and barristers have performed the unique play Please, Continue (Hamlet) at the Melb...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...