A costs analysis done on 312 companies on the BSE 500 Index shows a rise on their legal expenditure of 22.15 per cent outstripping a general rise in expenditure of 12.4 per cent. The increase is attributed to fast-changing regulation and an increase in white collar crime. Chandra Mehta, managing parter of Dhruve Liladhar & Co, said: ‘It’s a great time to be a lawyer in India. For companies, stakes have increased tremendously in the last few years due to increased scrutiny.’ Source: LiveMint
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