The Bar Council of India has released a joint resolution with the country’s state Bar councils urging the Indian government not to open up the legal profession to foreign lawyers, in the latest blow to hopes of imminent liberalization of the key emerging market.
The statement, which was issued Sunday during a conference on liberalization hosted by the Bar, calls on the Indian government to delay relaxing its rules on foreign lawyers until further consultation with the body, which says liberalization will damage the local market.
