India's 'Not for Sale' Legal Market Draws U.S., U.K. Law Firms
June 15, 2009, Bloomberg News

Increasingly, U.S. and U.K. law firms are forming alliances with local Indian firms and hiring Indian lawyers as they continue to face challenging economic conditions in other countries. Lawyers are betting India will be a growth market once current laws preventing foreign law firms from practicing there are lifted.

White & Case is "fully prepared" to take advantage of liberalization, according to Nandan Nelivigi, a New York-based partner in the firm's India practice.

"India is a 'must have' when the rules for entry of foreign law firms are clear," he said. "Everything will be up for grabs at that time, and I don't believe any of the participants in tie-ups have really agreed upon all the big issues which would need to be addressed and can only be addressed when the rules are clear."