Clifford Chance (CC) has ended its 'best friends' relationship with Indian outfit AZB & Partners as hopes fade of the Indian legal market opening up to foreign law firms any time soon. The two firms decided to downgrade their 'best friends' relationship to 'good friends' at a meeting earlier this month. The decision was made because the long-awaited liberalisation of the Indian legal market looks increasingly unlikely to happen in the near future.
January 21, 2011 at 10:56 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) has ended its ‘best friends’ relationship with Indian outfit AZB & Partners as hopes fade of the Indian legal market opening up to foreign law firms any time soon.
The two firms decided to downgrade their ‘best friends’ relationship to ‘good friends’ at a meeting earlier this month. The decision was made because the long-awaited liberalisation of the Indian legal market looks increasingly unlikely to happen in the near future.
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