<ul><li>India's decision to welcome foreign law firms reflects the country's growing economy and involvement in international trade.</li><li>The liberalization of legal services is viewed as essential for sustainable growth and bringing a global perspective to Indian legal practices.</li><li>Presence of foreign law firms in India is expected to modernize local legal practices, encourage adoption of efficient models, and provide opportunities for young legal professionals.</li><li>Bar Council of India's amendment maintains India's judicial sovereignty by restricting foreign lawyers from appearing in Indian courts while promoting global integration through reciprocity agreements.</li></ul>

Welcoming foreign law firms is a defining step forward

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