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According to Rules in question, an advocate is required to join a bar association and also has to pay fees to the State Bar Council.
The petitioners have argued that the move will adversely affect Indian lawyers, who will not be able to compete with established foreign law firms.
Townend discusses the opening up of the Indian legal market, the recently framed BCI Rules on the same and India's potential to become a hub for international arbitration.
Legal profession is largely considered to be one of the oldest professions in the world. An advocate, in addition to being a professional, is also an officer of the court and plays a vital role in the...
Significantly, the BCI has said that its recently introduced Rules allowing the entry of foreign law firms on a reciprocal basis "needed certain crucial changes".