LexisNexis launches Lexis Practical Guidance in India in presence of members from the SILF and the ICCA.

Lexis® Practical Guidance is an innovative online workflow-based solution End Quote

(1888PressRelease) July 30, 2016 - Mumbai - Following overwhelming success in the UK, Australia, New Zealand, China, Hong Kong and Singapore, Lexis® Practical Guidance was launched in India at The Lalit, Mumbai, on July 27, 2016, in presence of distinguished members from the Society of Indian Law Firms (SILF) andthe Indian Corporate Counsel Association (ICCA), along with several othereminentsenior law firm partners, senior advocates and corporate counsels by LexisNexis®, a leading global provider of content-enabled workflow solutions.

Welcoming the dignitaries present and briefing 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 less time for business development or discovering new opportunities in unfamiliar areas of law. Moreover, non-availability of trusted legal updates makes the research process more time- and labour-consuming. 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 things are 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, uniquely aimed at the Indian market, with currently offering modules in Companies Act, Mergers and Acquisitions, Enterprise Corporate Management, Commercial Contracts and FEMA, with many more in the pipeline."

On Lexis® Practical Guidance's success globally, 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 - Legal & Professional, said,"This solution provides an unprecedented advantage of having a specialist on their desktop to guide their associatesthat, in turn,enables them tosave time on research, increase their billable hours and get instant guidance on unfamiliar subjects. Whether you are a law firm, or a corporate counsel, a solo practitioner or a start-up, struggling with competition driven by new players and offerings from alternative legal services, together with tighter economic conditions, it is a pioneering solution to drive efficiencies, bring more strategic approach to risk management and most importantly achieve a value-based cost structure."

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, LexisNexis has brought an advanced online platform that enablesprofessionals to 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.

About LexisNexis®
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.

About SILF
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

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