Posted Jun 15, 2009 08:07 pm CDT
As many major law firms based in the United States and London are shrinking their attorney rosters in reaction to a global recession, their counterparts in India are doing just fine.
In fact, a number of law firms in India are hiring in anticipation of increased business, reports Bloomberg in a lengthy article.
“India is a ‘must have’ when the rules for entry of foreign law firms are clear,” says Nandan Nelivigi, a New York partner of White & Case.
“The outlook for India is very promising—more than any other Jones Day market, in my view,” says partner Jeffrey Maddox. He works in his firm’s Hong Kong office.