Role of Corporate Law Firms in Delhi
With the advent of
globalisation at the global level, the role of Corporate Lawyers in Delhi has
drastically increased. Some practice independently whereas some are part of
different law firms in Delhi. These Multi-National Companies who are investing
in India often are setting up their head offices in Delhi NCR. Hence they
require legal assistance from a corporate law firms in Delhi. It, therefore, now
becomes the undue responsibility of a corporate lawyer in Delhi to comply with all
the legal formalities as per the different laws currently enforceable in the
country.
A law firm in Delhi is also expected to charge its fee economically
because there are lot of alternate options. A corporate law firm in Delhi also
has to pay its employees, maintain its office, the offline and online resources
and has to pay all the corporate lawyers in Delhi that it has hired. Therefore
it has to bear these expenses from the fee they are charging. There are
miscellaneous expenses of courts as well, apart from salaries that these law
firms in Delhi have to bear.
With the number of laws
and legal rules and procedures increasing in the corporate sector, these corporate
law firms in Delhi are left with no other option but to keep the necessary
resources ready for having sufficient knowledge about the enforceable laws and
rules. Every corporate lawyer in Delhi must know these statutory laws in order
to use them when an issue arises in a court or tribunal with respect to these
laws, in order to get relief in favour of the client of its law firm in Delhi. The
expenses become a major barrier in coming out with a reasonable fee quotation
for a fully fledged with corporate law firm in Delhi, which is completely
updated with the latest amendments and developments in different laws. The work
of corporate lawyers in Delhi is much more difficult because the high
competition level in the capital city. Moreover the city is flooded with
several such professionals.
The law firms in Delhi are also capped with the
responsibility of looking into cases pertaining to different appellate
national-level tribunals, because of the fact that most of these appellate
tribunals are based in Delhi. The cases coming before the highest appellate
court i.e. the Supreme Court of India, as the last course of resort, is also to
be take care of by these corporate law firms in Delhi.
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