65 sats \ 3 replies \ @Coinsreporter OP 29 Jul \ parent \ on: 'No Entry' to giant global law firms in India econ
Lawyers love bureaucratic, regulated systems!
India can surely be a big blue heaven for American law firms but I just don't understand why they aren't coming here? Either they don't see Indian market lucrative or they think they can't beat 'hut lawyers' of every Indian court? To say that bureaucracy is what holding them off is a lie because these are such big firms that they can surely find a way out for a market that allows them to do business
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11 sats \ 2 replies \ @siggy47 29 Jul
These lawyers won't look at domestic Indian firms as competition, but partners. They will be international, transaction based firms. They will look at other foreign firms as competition.
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65 sats \ 1 reply \ @Coinsreporter OP 29 Jul
Yes! That's right! But I'm talking about individual independent lawyers who sit under a shade inside the courts. They don't leave anything for big firms! A survey says that there are more than 1 million independent lawyers in India and this number is regularly increasing.
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11 sats \ 0 replies \ @siggy47 29 Jul
I guess I don't know anything about the Indian system. Are big companies represented by a single lawyer sitting under a shade?
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