Legal Services is one of the services that can be opened to trade under the General Agreement on Trade in Services (GATS). There is continuing apprehension that with the World Trade Organisationâs (WTO) commitments coming into force at a future date (earlier slated for end 2006), the Government of India will be under obligation to liberalise legal services, thereby allowing foreign law firms to practice in India. So far, India has not included legal services in its schedule of commitments under the (GATS). However, this situation might change in the near future and analysing its implications is crucial. This paper analyses the role of legal services in a globalised economy, the current Indian legal services sector, domestic regulation and legal services in India, domestic regulations in the countries that are targeting the Indian market, the liberalisation debate in India, public interest argument of the debate, the current state of global negotiations on trade in legal services, and the paper concludes with policy recommendations.
Publisher: Equitable Tourism Options (EQUATIONS)
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