India Inc’s legal bill nears ₹72,000 crore in FY26

India’s corporate legal expenses are rising, expected to hit ₹72,000 crore in FY26, driven by complex regulations and geopolitical risks. Companies are expanding legal teams and investing in compliance to manage high-stakes litigation and M&A activities. New laws and geopolitical tensions are increasing the demand for legal advisory services. “This approach is driven by the fact that the cost of non-compliance can be much higher than legal costs,” said Ashish Suman, partner at JSA Advocates & Solicitors. “Sanctions can affect a company’s operations across countries, while non-compliance with laws like data protection or labour rules can lead to penalties.”  Read more