Dear Editor,
We read with great interest the Intelligence report on Indian law firms and thank you for carrying our views on the still evolving foreign exchange regulations. The article indeed makes for some insightful reading, and provides an interesting gamut of views from various players within the industry and their take on the new regulatory frameworks and the potential impact of these on the law firm landscape. Critical practice areas such as competition and proposed changes to direct taxation laws have kept lawyers busy in preparation for the new regimes.
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