Canadian law firms prepare for increase in Indian investment

Canadian law firms expecting a surge of business from India have been kept waiting, with the recession slowing things down. But things are starting to pick up, and Canadian firms who have set up Canada-India practice groups say that their efforts will pay off. Subrata Bhattacharjee, co-chair of Heenan Blaikie national trade and competition group, says that it is imperative for law firms to set up decent networks so they can be ready when Indian investment picks up steam. “It’s about building what we expect to happen within the next five years,” he says. “There’s no question that you’ve got to have a presence. You’ve got to understand how the business communities work, because sooner or later, that market will develop.”

Canadian law firms prepare for increase in Indian investment business.financialpost.com Tue, May 31, 2011