Published on : 29 Sep 2025, 3:09 pm 2 min read

The Committee formed by the Bar Council of India (BCI) to review the entry of foreign law firms, headed by Cyril Shroff, recently submitted its report.

Although a full copy of the report is yet to be made available, sources revealed some key highlights:

Phased-wise opening of the market: 3years - 2years - 2 years

The Committee has recommended a phased opening of the Indian legal market, even as the market is open as of today.

Phase one of three years - During this period, foreign law firms can’t advise on Indian law and also cannot hire Indian lawyers.

Phase two of two years - Foreign law firms can enter into joint ventures or alliances, with a maximum of 49% holding only.

Phase three of two years - The market is fully open.

See Full Page