The International Bar Association, in its conference held in New Delhi on 8 November 2024, recognised the significant contribution made by Dr. Lalit Bhasin, the only Indian to be conferred with the honour of Honorary Life Membership in 1994 in Melbourne.

The Hon’ble Law Minister, Mr. Arjun Ram Meghwal, and Hon’ble Justice Manmohan, Chief Justice, Delhi High Court, presented a memento to Dr. Lalit Bhasin in recognition of his role of service to the legal profession.

Dr. Lalit Bhasin started his law practice in 1962 and has developed Bhasin & Co. as one of the largest law firms in North India. His areas of specialisation include Employment & Labour Laws, Corporate Law (Formation of Joint Venture Companies, Foreign Collaborations, Amalgamations, Mergers, Acquisitions, Disinvestment) Laws relating to Information Technology, Contract and Conveyancing Constitutional Law, Banking and Finance; Consumer Protection Laws, Disputes relating to Foreign Investment e.g. Shareholders Agreements, Collaboration Agreements, Agency and Distribution Agreements, Technology Transfer Agreements and Dispute Resolution Practice. He was awarded Honorary Membership of the IBA in Melbourne in 1994 for outstanding service to the legal profession. He was awarded the Plaque of Honour by the Prime Minister of India in 2002 for exceptional contribution to the Rule of Law. In 2007, the President of India presented the National Law Day Award to Lalit Bhasin for “Outstanding Contribution to the Development of the Legal Profession in India and for his deep involvement and engagement in maintaining the highest standards at the Bar”. Recently, he was conferred the Doctor of Laws (LL.D) Honoris Causa degree from the University of Rajasthan.