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07 June 2023
Issue: 8028 / Categories: Legal News , International , Legal services , Profession
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Indian legal market agreement signed

The Law Society of England and Wales, the Bar Council of England and Wales and the Bar Council of India have signed a memorandum of understanding to strengthen cooperation and legal exchange in light of the opening up of India’s legal services sector to foreign lawyers.

The memorandum formalises an agreement reached in March this year. It commits the Bar Council of India to the implementation of regulations to permit the practice of home jurisdiction law by English and Welsh lawyers and law firms in India, on the basis of reciprocity.

Law Society president Lubna Shuja said the agreement would ‘create huge opportunities for solicitors and Indian advocates in both countries’.

Nick Vineall KC, Bar chair, said the memorandum was ‘an important step’.

MOVERS & SHAKERS

Debevoise & Plimpton—Mary Lavelle

Debevoise & Plimpton—Mary Lavelle

Debevoise expands London secondaries team with addition of Mary Lavelle

Excello Law—Hestia Private Client

Excello Law—Hestia Private Client

Excello Law welcomes ex-Irwin Mitchell team to launch Hestia Private Client

Carpmaels & Ransford—Christopher Stothers

Carpmaels & Ransford—Christopher Stothers

Heavyweight patent litigator will bolster Carpmaels Ransford’s rapidly growing Litigation team as firm marks its 250th anniversary

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A telecoms operator may be able to hold over under the Landlord and Tenant Act 1954, yet still be unable to secure a renewal: an outcome described as a legal ‘paradox’
The Financial Reporting Council’s revised Audit Enforcement Procedure will alter the balance of power in corporate investigations

Safety fears do not automatically justify shutting an interested person out of a statutory will application

Consumer credit law is heading for its biggest shake-up in 50 years, with the Consumer Credit Act 1974 set to yield much of its detailed statutory machinery to FCA rules
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