Tuesday, June 15, 2010

Competitive Skill Is The Key For Success To Lawyers Of India

Gunjan Singh

Globalisation has changed the way services are provided all over the world. Even legal services have been witnessing many changes in the present gloabalised and highly competitive markets. Naturally, Indian lawyers must be competitive enough to stay in the race.

Indian lawyers must pay special attention to skill development and capacity building initiatives. India is a signatory to WTO/TRIPS Agreement and it has to open up its service sector sooner than later. Even the Law Minister Mr. Veerappa Moily has not ruled out the possibility of allowing foeign law firms and lawyers in India.

Some areas where the present generation of lawyers must pay attention are cyber law, intellectual property rights (IPRs), competition law, mergers and acquisitions, etc. The Law Ministry of India and the Bar Council of India (BCI) must make special efforts to inculcate contemporary legal acumen among Indian lawyers.