A few foreign firms got a brief introduction to doing business in India back in the early 1990s, when the country first began taking steps to open its legal market as part of a broader economic liberalization campaign.
Yet early hopes that India would be a profitable new destination for foreign lawyers were quickly dashed by the Lawyers Collective, a local nongovernmental organization that was determined to keep the doors to India’s legal market shut. In 1995, the group petitioned the Mumbai courts to revoke licenses granted by the Reserve Bank of India to Ashurst, White & Case and Chadbourne & Parke that allowed them to open liaison offices in the country.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
