Legal frustration

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Business Law Journal, letter to the editor

Dear Sir,

While I applaud the step taken by a number of law firms to publish their rates in the September edition of this magazine, I do question whether it will have a significant effect on the transparency of billing in India.

Those of us running in-house legal departments for foreign companies rely heavily on the expertise of the local Indian legal profession and yet we are often at their mercy when it comes to the cost of their services.

While Indian law firms are attracting more and more young lawyers with overseas experience, they have yet to adopt the practices of their European and American counterparts in terms of billing and general disclosure.

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