Firms with an eye on expanding international legal markets just got some new required reading.
Legally India debuted online last week. It provides news, features and analysis for Indian and international lawyers, and those with interests in India.
Kian Ganz, the publishing editor of Legally India, modeled the venture after The Lawyer in London, where he worked as a reporter for two years. He told Legal Pad that it is pretty tough to get breaking news about India’s young but quickly developing legal market without feet on the ground. He says Legally India is the only publication he knows of doing just that.
“I think that Legally India is complementary to readers of The Lawyer and other international legal publications,” he wrote in an email. “U.S. and UK international firms’ interest in India has been huge in the past years and judging by the buzz on the street, this will only increase.”
Right now, he says, the site is a self-funded startup, but he's in talks with friends and other veteran legal journalists about the future.
Ganz says he’ll focus as much on lateral moves in the country as on the expected influx of international players. “Already, UK and U.S. firms are recruiting the cream of India’s law school talent, and the UK’s magic circle have created strong alliances with local firms, and many, many others are definitely trying to do the same,” he wrote.
Will per partner profits, the reportorial bane of Western firm leaders, be put up for scrutiny? “Yes, but I think it will take a while yet before some of the big Indian family-owned firms are comfortable with the world knowing exactly how much they earn.”
— Petra Pasternak
Bombay is economic capital of India and none can ignore Mumbai as 25% of Indian income tax is submitted from this city alone and moreover it is the hub centre of stock market activity also. The initiative in field of Law is really commendable.
Regards
Indian-Share-Tips.Com
Posted by: Online stock trading tips | October 08, 2009 at 11:46 PM