Lawyers say foreign law firms’ entry a balanced move, will boost pay!

Agama Law Associates partner Archana Balasubramanian shares her views on the opening of non litigous law practice to foreign law firms in an article by moneycontrol.com titled “Lawyers say foreign law firms’ entry a balanced move, will boost pay”.

Likely boost in lawyer salaries

Archana Balasubramanian, partner at Agama Law Associates, said that the announcement comes on the heels of a number of other ideas to which the Indian legal sector has already been opening up.

“Foreign law firms coming in will add further urgency to Indian law firms’ plans in this regard while also opening all sorts of innovative possibilities. There’s also hope for a boost to compensation levels for lawyers at all stages of careers, be it associates or partners,” she said.