A Glimpse into the Future of a Liberalized Legal Landscape
India’s demographic dividend is expected to pay out over the next couple of decades, with the country expected to host the world’s largest working population by 2030. The entry of international firms will create increased demand for talent in Indian law firms, in-house legal teams, chambers and in Legal Tech. The liberalisation of the Indian legal market will create a need for smarter lawyers with excellent communication skills, high learnability and a good work ethic. There will be a premium on strong research skills, clear and simple drafting and a firm understanding of fundamental legal and commercial concepts.
Our research shows that professionals working in law firms and corporate legal departments in India primarily come from just 15 law schools in India though there are now more than 70 such institutions in the country. Many of these law schools were established after the year 2000, and have invested in quality faculty and infrastructure. Over 60,000 aspirants apply for CLAT, which is the entrance test for many of the top law schools in the country. Legal employers in India have not yet fully leveraged this spread of high-quality talent. We hope to see legal employers recruit from a wider base of law schools.
We'd love to hear your thoughts and perspectives on India's legal liberalization and its impact on the industry.
Your input is invaluable to us, and we invite you to share your point of view or experiences related to this evolving landscape. Please feel free to write back to us at [email protected]. Let's engage in a constructive dialogue and contribute to shaping the future of India's legal sector together!