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Business Opportunities in Legal Industry

Tags : corporate attorneys, corporate law career, corporate lawyer, business law, corporate law, law, attorneys, law firm
Industry : Law
Functional Area : Growth
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About "Business Opportunities in Legal Industry" topic:

Today in the era of liberalization, the career opportunities available to a legal professional in India are manifold. Let us share & discuss the Career opportunities in Law.....

4 trends , 9 debates , 5 idea contests , 6 question on topic: "Business Opportunities in Legal Industry"
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(rate this)
Yes 
17
VS
7
 No
Narmada Singh  |  Argues in support of  "Yes"  |  2 years ago
LPO 's will definitely boom in India as there is always a"BUT" which needs to be seen from all angles even before a company gets into the ambit of LPO. The growth for now on this area seems to be slow for next 2 years atleast and not earlier than...
Darshil  |  Argues in support of  "No"  |  3 years ago
LPO would gain importance in India but it would be difficult to gain the momentum as the BPO did in its initial phase. There are limitations LPO would not gain importance as BPO did because 1.) Primarily it is a process which requires trained,...
Mayank Pant  |  Argues in support of  "Yes"  |  3 years ago
Yes it will gain real importance now and in the future, before only some legal reaquirements were outsourced but nowadays everything from patent application drafting, legal research, pre-litigation documentation, advising clients, analyzing...
 support: 
 
 
Debate: "Will LPO's gain much importance as the BPO's did??" deleted from your view.
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(rate this)
Good 
34
VS
20
 Bad
birander singh dhankher  |  Argues in support of  "Good"  |  2 years ago
There will be a healthy competition which will open more opportunity and expansion to the legal field and the lawyers and shall also provide a new path and height to the legal profession with better opportunities to the indian lawyers.
angel jain  |  Argues in support of  "Bad"  |  2 years ago
@clemance : yes because is based on reciprocity and should be the same in India.
vani  |  Argues in support of  "Good"  |  3 years ago
Foreign law firms with common law background can be invited in our country because the basic training will remain around common law. They will provide excellent opportunities to lawyers in india. Lawyers in India can work with foreign law firms...
 support: 
 
 
Debate: "Is the entry of Foreign law firms Good or Bad??" deleted from your view.
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The pressure from overseas to open up the legal service sector to foreign law firms has mounted recently. Much debate and speculation now surrounds the subject with the law ministry being tentatively inclined to favour the liberalisation of the legal service sector. However, the majority of Indian law firms are strongly opposed to the proposal to open up the area. There are also issues of national interest that must be considered before proceeding to liberalise the sector. The proposal to open up the legal service sector is premature. The extensive debate and consultation that should have preceded such a move has yet to take place. An expert body needs to examine it. This is a matter that w...
Pradeep Kumar P. K.  |  Commented  |  3 years ago
Its rather funny to see such article that is opposing any foreign entry in the filed of law. aren't we aware of their presence in other fields. the legal community has no moral right to raise their voice by being a silent spectators of all that...
Yogesh Naik  |  Commented  |  3 years ago
Even the New Laws that we have are failing us, the best example is the Negotiable Instruments Act. And the Lack of direct Control of the Judiciary over the Police is another hindrance in Criminal Cases. The Accused are often hand in glove with the...
Jaygopal Raghavan  |  Commented  |  3 years ago
good article but you forget the basic point that our indian legal system itself is in shambles. Corruption runs rife in the system. Even judges are not above it. Laws are outdated. We still use over 400 laws that were created by the british which...
 
 
Trends: "foreign law firms may enter india" deleted from your view.
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(rate this)
Yes 
8
VS
3
 No
Ashfaq Shaikh  |  Argues in support of  "No"  |  3 years ago
Sir, I fully agree with the view of Mr. Arun Kumar. There are provisions in the existing law protecting the rights of children, women, sick, old and infirm citizens. Even I had conviced a Ld. Magistrate, when an infirm old person was arrested...
SANJAY SHANTILAL BRAHMBHATT  |  Argues in support of  "Yes"  |  3 years ago
The amendment of Cr.P.C. Is need and requirment of society. Because some time police arrest woman,children,old or sick person and detained 24 hours police custody in police station.It is difficult for woman, children,old and sick man to remain 24...
s d g  |  Argues in support of  "Yes"  |  3 years ago
The amendment is the relief to common man. It will definitely help to curb misuse of powers by the police. The amendment is in consonance with Art-21 of The Indian Constitution and it will definetly help to protect the citizens right to life and...
 support: 
 
 
Debate: "Will the amendments in Cr.P.C. really going to effect criminal lawyer?" deleted from your view.
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Prasanna  |  Answered  |  3 years ago
The only advantage by not registering with Bar association is you save the monthly subsciption amounts. The biggest advantage of registering with a bar association is that you get an opportunity to use the library and support from the association...
vijayalakshmi  |  Answered  |  2 years ago
without registering you are not allowed to practice in any of the courts.
 
 
Answer: "what are the benefit and loss of enrolling/ not enrolling with a bar association" deleted from your view.
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(rate this)
Complete globalsiation is possible though it takes time. 
0
VS
2
 True and complete globalisation not possible in the near future
Satadru Shastri  |  Argues in support of  "True and complete globalisation not possible in the near future"  |  2 years ago
True and complete globalisation is not a possibility in near future but its time that we extend the concept beyond businesses to social especially environmental issues rather than advising each other to save energy.
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Debate: "Will the true and complete globalisation possible?" deleted from your view.
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(rate this)
1 Family and Domestic issues relation to marriage, divorce, property share
2 Hindu Undivided Family business
Manoj Pande  |  Supported idea  "Family and Domestic issues relation to marriage, divorce, property share"  |  9 months ago
Almost all aspects have been covered. Thanks
S. Muralidharan  |  Added idea  "Hindu Undivided Family business"  |  10 months ago
Thanks Mr. Rajesh for this post. Since you have mentioned almost every probable issues that may crop up in every family to seek legal opinion, I thought, this paradoxical issue of HUF business needs a little highlight. Hence this post. The HUF is...
 
 
Ideate: "What are legal needs of Family?" deleted from your view.
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(rate this)
Yes 
1
VS
0
 No
MANMOHAN SHARMA  |  Argues in support of  "Yes"  |  2 years ago
I think CCI can do it if it takes it up as a challange!
 support: 
 
 
Debate: "how effective the competition commission of india will be in detecting cartels " deleted from your view.
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I have come across an article last week the Times Online , in recent  (18 Mar 2010), which provided an advance look at “Law firm of the 21st century - The clients: revolution - An Eversheds report on the post-recession legal sector in 2010″.  Eversheds bases its report on a survey of 130 general counsel and 80 law firm partners about the state and future of the legal market. The report attempts to analyse which of the four factors will be the most significant and, based on opinion surveys of law firm partners and GCs, suggests that globalization will be most influential. Eversheds report found that the recession will further drive legal process outsourcing penetration. The report predicts t...
 
 
Trends: "Prospects of Legal Outsourcing" deleted from your view.
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(rate this)
Yes 
1
VS
0
 No
Sanjib Kumar Dash, Advocate.  |  Argues in support of  "Yes"  |  2 years ago
To my opinion on this vital and the sensitive issue of the present day, the Judges on their own must disclose their assets intermitantly and must not obstruct the way for public view of the information under the R.T.I Act. Thanks.
 support: 
 
 
Debate: "Law of the land and the Indian Judiciary" deleted from your view.
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