Baker McKenzie’s Global India Practice Chair, Mini Menon vandePol, recently spoke to Lawyers Weekly about the booming Indian market and its implications for Australian businesses and lawyers.
Mini highlighted that Australia and India share strong political, economic, and cultural ties, including a large Indian diaspora. Opportunities abound in sectors such as agriculture, education, and manufacturing.
With India projected to become the world’s third-largest economy by 2030, and many multinational companies establishing regional headquarters there, the demand for legal services and cross-border legal work is expected to rise significantly.
Mini believes Australian lawyers are well-positioned to carry out India-related work given the similarities in legal system between the two economies. She went on noting that Baker McKenzie aims to support Australian clients with seamless legal services related to India, capitalizing on the growing bilateral trade and investment corridor encouraged by governmental engagement and potential free trade agreements. Additionally, technological advancements and AI adoption are anticipated to disrupt traditional Indian law firm models, creating competitive advantages for firms like Baker McKenzie.
Listen to the full podcast interview (Subscription access may be required).
Mini highlighted that Australia and India share strong political, economic, and cultural ties, including a large Indian diaspora. Opportunities abound in sectors such as agriculture, education, and manufacturing.
With India projected to become the world’s third-largest economy by 2030, and many multinational companies establishing regional headquarters there, the demand for legal services and cross-border legal work is expected to rise significantly.
Mini believes Australian lawyers are well-positioned to carry out India-related work given the similarities in legal system between the two economies. She went on noting that Baker McKenzie aims to support Australian clients with seamless legal services related to India, capitalizing on the growing bilateral trade and investment corridor encouraged by governmental engagement and potential free trade agreements. Additionally, technological advancements and AI adoption are anticipated to disrupt traditional Indian law firm models, creating competitive advantages for firms like Baker McKenzie.
Listen to the full podcast interview (Subscription access may be required).
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