Law firms are laughing all the way to the bank amid swelling IBC, GST cases

MUMBAI: There seems no slowdown in the business of law as the country’s legal sector has increased its fee income by more than 62% in two years at $2.1 billion, or about Rs 15,000 crore, a recent report shows. A slew of cases involving litigation on account of new laws such as Insolvency and Bankruptcy Code and the implementation of goods and service tax (GST) regime, together with robust dea…