Hesitancy among law firms on India entry due to lack of regulatory clarity, says Paul Jenkins, global chief executive of Ashurst

Foreign law firms are cautious about entering India. Ashurst CEO Paul Jenkins states regulatory clarity is needed, not interest. He believes artificial intelligence will reshape law firms. India's legal market is growing, offering talent and deal flow. Jenkins highlights the need for clear purpose and focus for global law firms. Geopolitical shifts create opportunities in trade and compliance.