LexisNexis launches Lexis® Practical Guidance in India - A First-Of-Its-Kind Online Solution that will make Indian Legal Industry super-efficient and competitive
India, July, 29, 2016. Following overwhelming success in the UK, Australia, New Zealand, China, Hong Kong and Singapore, LexisNexis®, one of the world's leading providers of content-enabled workflow solutions, did a multi-city launch for its all-new, innovative online workflow-based solution - Lexis® Practical Guidance in New Delhi, Mumbai, andBengaluru,on July 26, 27 and 28, 2016 respectively, in presence of distinguished dignitaries like Dr. LalitBhasin, President, Society of Indian Law Firms (SILF) and Mr. Ashok Sharma, President, Indian Corporate Counsel Association (ICCA), along with eminent members from the Society of Indian Law Firms (SILF) and the Indian Corporate Counsel Association (ICCA), and severalother senior law firm partners, senior advocates and corporate and general counsels.
Welcoming the dignitaries who were present and briefing them on the need ofLexis® Practical Guidance, Mohan Ramaswamy, Managing Director, LexisNexis® India - Legal & Professional, said, "If you look into the legal process dynamics, you will discoverthat more than 40% of the time of in-house counsels and partners is spent on drafting, conveyance and legal research, leaving them with little time for business development or exploring new opportunities in new areas of law. Moreover, non-availability of trusted legal updates makes the research process more time and labourconsuming. No doubt, about 85-90% of the corporate lawyers see technology tools as key efficiency drivers. With Lexis® Practical Guidance, we havetried to re-engineer how work is done and, in particular, how we can make operations quick, trackable and efficient, saving both time and money." He also mentioned that for India, LexisNexis® hasspecificallydeveloped premium contentin partnership with the Society of Indian law firms (SILF) and some eminent corporate general counsels, uniquely aimed at the Indian market, with currently offering modules in Companies Act, Mergers and Acquisitions, FEMA, Commercial Contracts and Enterprise Compliance Management, with many more in the pipeline."
Expounding on the association between SILF and LexisNexis India, Dr. LalitBhasin, President, Society of Indian Law Firms (SILF), said, "Our partnership with LexisNexis® is to be recognized as the leading association in India for the betterment of the legal landscape, providing futuristic solutions to today's challenges. This strategic partnership combines our and LexisNexis's expertise in developing indispensable knowledge resources with the aid of our legal experts' knowledge, principles and practices to produce the best, most reliable and user-friendly content for legal professionals. Lexis® Practical Guidance will enable law firms, legal practitioners and corporate general counsels to become more efficient and competitive."
During the event, Mr. Ashok Sharma, President, Indian Corporate Counsel Association (ICCA), conveyed his best wishes to LexisNexis® and SILF for bringing out a unique and innovative solution for the benefit of Indian legal professionals and corporate general counsels, thus providing them the confidence and precision to make the right decisions quickly and confidently.
On Lexis® Practical Guidance's global success, Karen Taylor, Executive Director, Lexis® Practical Guidance Asia, said, "Lexis® Practical Guidancehas been a tried and trusted solution for legal practitioners across the US, UK, Australia, New Zealand, China, Hong Kong and Singapore. LexisNexis's award-winning platforms, combined with expert local content, bring the very best in know-how, drafting and compliance all underpinned by market-leading analysis and commentary with on-point links to cases and legislation. Whether for Indian matters, cross-border deals, or international compliance requirements, Lexis® Practical Guidance is the solution.It is time for Digital India, Digital World."
During the event, Vikesh Dhyani, Director Marketing, Customer Discovery & Innovation, LexisNexis® India-South Asia said,"Lexis® Practical Guidance provides an unprecedented advantage to Partners, Sr. Counsels, Associatesand even Law Schools by enabling them tosave significant time on research, freeing up their time toincrease their billable hours,getting instant practical guidance and procedural know-how even on unfamiliar or new areas of law and helping law school students in mastering the procedural know-how to become job ready and productive, faster. Whether you are a law firm, or a corporate general counsel, a solo practitioner, a large corporation or a start-up, this pioneering solution will help you drive efficiencies by drafting quickly, delegating effectively and enabling a stronger adherence to essential legal, regulatory and compliance requirements for your organization and your clients. Coupled with Lexis®India E-Library Solution legal practitioners will now get a trusted and formidable solution that will help them win more confidently and stay ahead of competition. We are upbeat about replicating our success in other global markets and are fully geared to script new success stories in India with our range of unique solutions."
Sandeep Ganju, Senior Director, Sales & Business Development, LexisNexis India, said, "Now is the age of information, and the manner in which information is consumed and analyzed by law firms and corporate counsels is going to be a key differentiator in making product decisions, mitigating risks and managing the litigating process better. With solutions like Lexis® Practical Guidance and Lexis®India E-Library, LexisNexis has brought an advanced online platform that enablesprofessionals to stay current and updated on various areas of law and seamlessly navigate from case law to commentaries and legislations, thereby examining a point of law in a holistic fashion and giving a pragmatic view of the matter at hand."
Preeti Arora, Head of Lexis® Practical Guidance, LexisNexis® India - Legal & Professional mentioned that Lexis® Practical Guidance content is structured around key topics and sub-topics within each practice area, including practice notes, precedents with drafting notes and alternative clauses, checklists and flowcharts, to enable legal professionals to efficiently complete transactional matters with speed and precision.
LexisNexis® Legal & Professional (www.LexisNexis.co.in) is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis® Legal & Professional harnesses leading-edge technology and world-class content to help professionals work in faster, easier and more effective ways. LexisNexis® Legal & Professional, which serves customers in more than 175 countries with 10,000 employees worldwide, is part of RELX Group plc, a world-leading provider of information solutions for professional customers across industries.
The Society of Indian Law Firms or SILF is a collective of India's Top Corporate Law Firms and the only representative body for Law Firms of India till date. It also serves as a forum for exchange of ideas and information as also a medium for interaction with the government, the judiciary and the bureaucracy. SILF since its inception has amassed a wealth of experience, knowledge capital as well as unity and solidarity between competing law firms which would be difficult for any other entity to match. SILF also has a Memorandum of Understanding with Queensland Law Society and sustaining memberships with International Bar Association (IBA), Union Internationale des Avocats (UIA), LAWASIA and Inter-Pacific Bar Association (IPBA).
Know more about Lexis® Practical Guidance at www.lexispracticalguidance.in
Director Marketing, Customer Discovery & Innovation
Tel: +91 124 4774444