Dear Sir,
I read with keen interest the article in your February issue on India “opening” its legal market (Open sesame, IBLJ volume I issue 7).
The fact that clients are willing to pay higher fees to use international law firms suggests that these firms offer a certain value proposition in some practice areas that Indian law firms are yet to replicate.
Expertise required for large and multi-jurisdictional business acquisitions, public-private partnerships, complex financial transactions, infrastructure projects extending over several years, etc, require several people with knowledge of the industry and applicable laws and regulations working together in teams to bring to the table the benefits of their varied experience and expertise.
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