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Global Integration: India's Legal Market Opens Up, Fueling Demand for International Law Proficiency

ABHAY
ABHAY ANAND
Manager Editorial
2 mins readUpdated on Nov 24, 2023 11:49 IST
Prof Balakista Reddy, Dean of School of Law at Mahindra University shares his thoughts on opening of India's Legal Market for foreign law firms and how it will fuel the demand for International Law Proficiency and create opportunities for Indian law graduates. CLAT 2024 will be held on December 3, 2023, for admissions to the LL.B. and LL.M. program

Prof Balakista Reddy, Dean of School of Law at Mahindra University shares his thoughts on opening of India's Legal Market for foreign law firms and how it will fuel demand for International Law and create opportunities for Indian law graduates.

Prof. Reddy is was Professor of International Law at Nalsar, Hyderabad. He is Director of Centre for Aerospace and Defence Laws Centre for Tribal and Land Rights and an LL.M Course Coordinator of International Trade and Business Laws Nalsar, Hyderabad.

India has opened its doors to foreign law firms this policy change has create demand for professionals with expertise in international law. As foreign firms establish their presence in India, need for legal experts well versed in international legal frameworks treaties and cross-border regulations has become more pronounced. Historically, India has maintained a restrictive approach toward entry of foreign law firms, limiting their ability to practice law within country. However, recent policy changes have paved way for foreign firms to establish their presence in India, either through collaborations or by setting up their own offices. This move is expected to facilitate greater collaboration between Indian and international legal professionals, creating a more integrated global legal ecosystem.

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As foreign law firms establish themselves in India, the country is likely to witness a surge in cross-border transactions and international business activities. This shift entails a deep understanding of international legal frameworks, treaties, and regulations. Professionals with expertise in areas such as international trade law, investment law, and cross-border dispute resolution are poised to be in high demand.

The influx of foreign law firms is expected to bring about a diversification of legal practices in India. Legal professionals will be required to navigate complex international legal issues, negotiate cross-border agreements, and provide counsel on matters that transcend national boundaries. This diversification presents an exciting opportunity for legal professionals to specialize in areas such as international arbitration, mergers and acquisitions, and intellectual property rights with a global perspective.

Opening of India's legal market to foreign firms will influence legal education in country. Law schools may need to adapt their curricula to include a stronger emphasis on international law and its practical applications. Students aspiring to enter legal profession will find it beneficial to get knowledge in areas relevant to international legal practice.

Increased demand for international law experts present many opportunities, it also comes with challenges.

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ABHAY ANAND
Manager Editorial

Abhay Anand is an experienced education journalist with over 15 years in print and digital media. Currently serving as Manager- Editorial at Shiksha.com, he specializes in higher education policy, student mobility,

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Answered 2 weeks ago

No, BTech students are not offered any fees concessions other than scholarship benefits by Mahindra University. All candidates are charged the same amount of BTech fees regardless of their category or specialisation.

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Saurabh Khanduri

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Answered 2 weeks ago

No, students of Mahindra University BTech course can get scholarship benefits for the entire course duration. While all scholarships only offer benefits for first year fees, if a candidate secures 7.5 or higher grade during BTech curriculum, they can get their benefits extended to next year.

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Saurabh Khanduri

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Answered 2 weeks ago

Yes, BTech is offered in working professional mode at Mahindra University. However, candidates are only offered Civil Engineering specialisation of BTech in working professional mide. Other specialisations are only offered in full-time mode at Mahindra University.

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Saurabh Khanduri

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Answered 2 weeks ago

Yes, Mahindra University does allow candidates to apply for BTech admissions before Class 12 board exam results are announced. All accepted entrance exams begin during Class 12 board exams and if such a candidate is selected during admission, they are offered provisional admission.

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Saurabh Khanduri

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Answered 2 weeks ago

No, Mahindra University has not listed any BTech course with lateral entry admissions available. Candidates are offered BTech in Civil Engineering in working professional mode. However, rest of the specialisations are only open for first year admission for full-time courses.

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Saurabh Khanduri

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Answered a week ago

No, candidates of all categories are charged the same fees amount for Mahindra University MBA course. However, there are scholarships which can provide financial aid in paying MBA fees at Mahindra University.

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Saurabh Khanduri

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Answered a week ago

Yes, Mahindra University only offers a residential MBA course to its students. Residential courses require candidates to stay in the hostels provided on the campus during the entire duration.

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Saurabh Khanduri

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Answered a week ago

No, Mahindra University MBA eligibility criteria does not require candidates to have prior work experience. Candidates can apply for MBA at this institute as soon as they complete their UG level graduation and get their entrance exam scorecard. There is also no mention of any preference that work ex

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