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Top headlines: Fed hikes rate, law firms plan fee hike to retain talent

Business Standard brings you the top headlines at this hour

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Updated On : 23 Mar 2023 | 9:42 AM IST

Law firms plan fee hikes to retain talent amid 'foreign entry'

Worried about star performers being poached

Law firms plan fee hikes to retain talent amid 'foreign entry'
Updated On : 22 Mar 2023 | 11:05 PM IST

A true account: How law firms are taking the lead in consultancy business

Be it advising the government or tackling bankruptcy cases, they are handling roles traditionally handled by CAs

A true account: How law firms are taking the lead in consultancy business
Updated On : 21 Mar 2023 | 4:12 PM IST

Foreign law firms can only advise foreign clients on foreign law: BCI

Bar Council of India also said that the new rules will help India become a global hub of international commercial arbitration

Foreign law firms can only advise foreign clients on foreign law: BCI
Updated On : 21 Mar 2023 | 10:01 AM IST

Entry of foreign law firms will help businesses and law professionals

The Indian legal industry is in a state similar to the Indian manufacturing industry prior to 1991. The BCI has now started the process of liberalisation

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Updated On : 19 Mar 2023 | 10:46 PM IST

Here's what a top lawyer thinks of entry of foreign law firms into India

Reversing a decades-long stance, the Bar Council of India this week permitted firms from certain countries to register in India, open offices and advise local clients on international law

Here's what a top lawyer thinks of entry of foreign law firms into India
Updated On : 16 Mar 2023 | 12:30 PM IST

Bar Council permits foreign law firms to practice in select fields in India

BCI said that the entry of foreign firms will be restricted, well-controlled and regulated to ensure that it is mutually beneficial to Indian as well as foreign lawyers

Bar Council permits foreign law firms to practice in select fields in India
Updated On : 15 Mar 2023 | 12:42 PM IST

Digital competition law panel to hold first meeting on February 22

The MCA secretary is also expected to nominate certain members to take part in the committee discussions including technology experts

Digital competition law panel to hold first meeting on February 22
Updated On : 19 Feb 2023 | 10:51 PM IST

Freshworks faces class action lawsuit in US for false statements during IPO

One of the two law firms suing Freshworks is urging investors who have incurred losses of $100,000 to join the litigation, asserting that the company has violated federal security laws

Freshworks faces class action lawsuit in US for false statements during IPO
Updated On : 04 Nov 2022 | 6:56 PM IST

EPFO looks to hire law firms to provide legal opinion, associated services

The approved law firms will be empanelled with the EPFO headquarters in New Delhi for an initial period of one year, which can be extended to three years

EPFO looks to hire law firms to provide legal opinion, associated services
Updated On : 07 Oct 2022 | 6:42 PM IST

India Inc seeks help from law firms to address moonlighting: Report

The companies want law firms to redraft employment agreements, find loopholes and enforce restrictions to address the issue of moonlighting

India Inc seeks help from law firms to address moonlighting: Report
Updated On : 28 Sep 2022 | 9:13 AM IST

CLAT 2022 registrations open: Important dates and exam schedule updates

The Common Law Admission Test (CLAT) is one of the most prestigious and esteemed national level entrance exams.This exam is conducted for the aspirants who want to take admission to the undergraduate and postgraduate law programs offered by the 22 National Law Universities in the country.For the coming year, this exam will be conducted on 8th May 2022. It is a one-time opportunity for the students who seek admission in prestigious law schools.There are many updates that students must be well-versed with for the upcoming CLAT Exam 2022.Till now, the application form has not been released for the CLAT 2022. But, there are various updates regarding the registrations for the CLAT exam that students must be aware of.Some of the key updates are discussed below.Important Dates & Exam ScheduleApplication forms for CLAT 2022Exam will be released on January 1, 2022 in the online mode. As earlier, declared by the Consortium, the CLAT 2022 Exam will be conducted on 8th May 2022 for the ...

CLAT 2022 registrations open: Important dates and exam schedule updates
Updated On : 30 Dec 2021 | 7:25 PM IST

DIPAM shortlists Cyril Amarchand Mangaldas as legal advisor for LIC IPO

The government aims to come out with the IPO and subsequent listing of Life Insurance Corporation on the bourses in the January-March quarter of 2022

DIPAM shortlists Cyril Amarchand Mangaldas as legal advisor for LIC IPO
Updated On : 26 Sep 2021 | 11:32 AM IST

Amazon's denial of high legal expense in India raises more Qs than As

The company has claimed that it incurred a meagre expense of Rs 52 crore towards legal fees in FY20

Amazon's denial of high legal expense in India raises more Qs than As
Updated On : 24 Sep 2021 | 12:00 PM IST

Indian law firms reluctant to advise on mega LIC IPO: Report

LIC's huge size, complexity a deterrent and poor govt fee for law firms another dampener, say law firms

Indian law firms reluctant to advise on mega LIC IPO: Report
Updated On : 16 Sep 2021 | 2:10 AM IST

8 law firms in race to advise on sale of govt's 45.48% stake in IDBI Bank

LIC, which owns 49.24 per cent, will also offload its stake to transfer management control to the new buyer

8 law firms in race to advise on sale of govt's 45.48% stake in IDBI Bank
Updated On : 18 Aug 2021 | 12:55 AM IST

Indian law firms need to change perception that it works for rich: CJI

Indian law firms need to remove perceptions that they are only for the service of rich people by taking up pro-bono cases, Chief Justice of India N V Ramana said

Indian law firms need to change perception that it works for rich: CJI
Updated On : 04 Aug 2021 | 9:39 PM IST

India opening legal service to UK lawyers: Introspecting a roadmap for 2030

Extensive stakeholder consultation and pragmatic measures to assuage the concern of Indian lawyers are necessary before changes are affected

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Updated On : 25 May 2021 | 9:34 AM IST

Vodafone arbitration case: Anuradha Dutt's knock seals vital win

Dutt is a senior partner at DMD advocates, the law firm that represented Vodafone at The Hague

Vodafone arbitration case: Anuradha Dutt's knock seals vital win
Updated On : 28 Sep 2020 | 12:26 PM IST

HDFC Bank denies charges, says will vigorously fight US class action suits

Lender expects its response to be due in early 2021, says there is no matter currently that requires disclosure

HDFC Bank denies charges, says will vigorously fight US class action suits
Updated On : 21 Sep 2020 | 10:33 PM IST