By Mark Curriden of The Texas Lawbook Updated 6:34 pm, Monday, June 18, 2018 Photo: Gary Coronado, Staff Image 1of/1 CaptionClose Image 1 of 1 Major law firms in Texas, including Houston's Vinson & Elkins, are raising pay for associates. Major law firms in Texas, including Houston's Vinson & Elkins, are raising pay for associates. Photo: Gary Coronado, Staff Texas' elite law firms in a race to raise pay for associates 1 / 1 Back to Gallery Houston-based corporate law firm Vinson & Elkins announced late Monday afternoon that it has raised the amount it is paying its first-year associates to $195,000. V&E, which is one of the largest and most profitable law firms in Texas, informed its associates it is matching the compensation increases that national law firms operating … [Read more...] about Texas’ elite law firms in a race to raise pay for associates
Law firms in india
Why Legal Aid? Access to legal services continues to be a challenge for a substantial segment of the Indian population due to geographical, resource and infrastructure constraints. Since legal representation is costly and out of reach for the disadvantaged, the need for legal aid arises. The problem has been compounded by the failure to mainstream legal-aid services, particularly for the marginalized sections at the panchayat levels. Marginalised communities, especially rural and tribal population; senior citizens; persons with low income; persons with disabilities; victims of drug abuse, human trafficking; prison inmates- the rightful recipients of legal aid- are unable to avail it. India has an expansive history of legal aid, backed by decades of legislation, jurisprudential interpretation, and numerous state-funded programs. But the absence of a structured and economically viable format has hindered lawyers in actively offering legal assistance to those in need of it. The pro bono … [Read more...] about Access To Legal Aid In India : An Unfulfilled Promise ?
Supreme Court of India on Tuesday held that foreign law firms cannot set up offices in India or practice in Courts. But they can give advice to Indian clients on ‘fly in and fly out’ mode in temporary basis. The Bench also directed the Centre and BCI to frame rules. The Supreme Court bench of Justice Adarsh Kumar Goel and Justice UU Lalit was delivering the Judgment in the foreign law firms case. The Supreme Court upheld the the Madras High Court judgment dated February 21, 2012, in AK Balaji v Bar Council of India (BCI) & Ors with certain modifications, in which the High Court held that (i) that foreign lawyers may visit India for a temporary period on a fly in and fly out basis, for the purpose of giving legal advice to their clients in India regarding foreign law, and (ii) that foreign lawyers cannot be debarred to come to India and conduct international commercial arbitration proceedings. Appearing for the BCI, senior counsel CU Singh had cited … [Read more...] about Breaking:Foreign Law Firms Can’t Set Up Office In India: Foreign Lawyers Can Advice Clients On ‘Fly in And Fly Out’ Basis
As the hearing in the Foreign Law Firms Case continued before the Supreme Court bench of Justice Adarsh Kumar Goel and Justice U. U. Lalit on Thursday, Advocate Nakul Dewan, appearing on behalf of the Global Indian Lawyers Association, resumed his submissions.“Can an Indian Advocate partner with a foreign lawyer? In partnership, there is an element of agency; the master servant relationship does not remain”, inquired the bench.The counsel drew the attention of the bench to Rule 2 in Chapter III of Part VI of the BCI Rules- “An advocate shall not enter into a partnership or any other arrangement for sharing remuneration with any person or legal practitioner who is not an advocate”.“I need to remit money to acquire a particular asset in the Carmen Island. For that 4-5 lawyers of different jurisdiction do need to come together. ‘Sharing of remuneration’ in the Rule means sharing of profits. That is what is not permissible under Advocates … [Read more...] about SC Reserves Judgment On Entry Of Foreign Law Firms To India: Read The Complete Court Room Exchange Of Final Day’s Marathon Hearing
Key Quotes CU Singh: “The BCI is not averse to practice of law in India by foreign lawyers and firms, but the same must be regulated and fall within the four corners of the Advocates’ Act. Even if such practice is on a temporary basis, it must be subject to our regulatory regime.” Dushyant Dave: “As Indian lawyers, we take part in international commercial arbitration matters in Singapore, London, Paris etc, without the need of procurement of any permission. If the BCI regulates foreign lawyers in this respect, it would also hurt the interests of Indian lawyers.” Additional Solicitor General (ASG) Maninder Singh: “The rules are needed. We want foreign lawyers to come so as to not deny the Indian advocates of the same privilege in other countries. If the BCI does not frame the rules, the Central government would take it upon itself to stipulate the rules.” As the hearing in the matter regarding the entry … [Read more...] about Foreign Law Firms’ Entry: Senior Advocate CU Singh Insists On Practice To Be Subject To India’s Regulatory Regime, Even As ASG Asks BCI To Frame Rules