LEX Outsourcing now a division of LEX Nexus
LEX Outsourcing, the global leader in LPO (legal Process Outsourcing) that merged in January 16, 2008 with ATI Avocats is now a division of a top-tier full serviced India law firm LEX Nexus (effective from September 12, 2008). LEX Outsourcing also introduced legal service on Indian law at the lowest possible rates much lower than the charges of an individual practitioner. The legal service includes transactional and non-transactional work at a fixed fee of USD 40 per hour + Disbursements on actual.
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LEX Outsourcing, the global leader in LPO (Legal Process Outsourcing) that merged in January 16, 2008 with ATI Avocats is now a division of a top-tier full serviced India law firm LEX Nexus (effective from September 12, 2008).
Suhail Farooqui as Managing Partner of LEX Outsourcing oversees client care and business development. LEX Outsorcing provide wide spectrum of services including Legal research, contract drafting, litigation support services, business formation, corporate law, intellectual property also providing services with regards to non-legal including legal data entry, transcription, legal billing.
Mr. Farooqui is strongly of the view that “LPO service should be provided by legal sector alone or managed by qualified lawyers as they understand the industry and requirements of client he further commented that "I am sure you will not approach a pizza shop, computer or undergarment showroom for LPO or Legal service”.
LEX Outsourcing also introduced legal service on Indian law at the lowest possible rates much lower than the charges of an individual practitioner. The legal service includes transactional and non-transactional work at a fixed fee of USD 40 per hour + Disbursements on actual. The legal service is controlled and managed directly by the law firm under supervision of a solicitor and/or advocate being a partner of the law firm.
Non-transactional work (Dispute resolution) includes civil and commercial litigation in India, domestic and international arbitration touching Indian laws.
Transactional work includes corporate, commercial, projects on oil, gas, shipping, energy, real estate, entertainment, mining, telecommunication, banking, finance, capital market, aviation, transport, insurance, intellectual property rights.
Outsourcing one of key 'ingredient' in formulating overall corporate strategy for many American companies to succeed in today's emerging and highly competitive global marketplace. It is now being considered as one of "must-do" management practices for companies to excel globally. For many companies, it has strengthened their competitive position, predominantly true for companies competing via offering low cost for their products and services. Outsourcing is also defined as delegation of one or more (non-core) business processes to an external supplier, who in turn owns, administers and manages those processes based upon predefined and measurable performance metrics. It is a business decision that is often made to focus on core competences.
Huge cost savings is one of the many motivating factors for a company to consider outsourcing. With prudent use of outsourcing, companies boost their profits by exploiting the wage differential (often termed as 'labor arbitrage') that exists between their domestic market and the offshore country considered for outsourcing. The savings derived can be as high as 60%-85%, net of outsourcing overheads. In addition to this, it also strengthens a company's position to focus on its core business functions. This is because it frees up company's resources (esp. time and money) from performing non-core activities. These freed resources can be used more productively and efficiently in managing core business operations.
LEX Outsourcing web location is at www.lexoutsourcing.com
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LEX Nexus is an established Indian law firm recommended by Legal500, Lloyds (Informa) Group, Worldlawyers.NET, Chamber Practice and other bodies.
The Asia Pacific Legal 500, have consistently ranked Shrikant Hathi as Leading Individual for shipping work in India. The firm accepts work from overseas and domestic corporates, government bodies etc including acceptance of work from overseas law firm.
With multi-jurisdiction offices, associate law firms and lawyers in the Asia Pacific, EMEA (Europe, Middle East and Africa) and America, we offer in-depth local knowledge and a uniquely global perspective. LEX Nexus lawyers advise internationally and domestically.
Our aim is to provide consistently high quality advice understanding of the commercial environment in which our clients operate. We offer in-depth local knowledge and a uniquely global perspective.
The firm is structured for shipping transactional work including dispute resolutions. Each area comprises industry-focused teams dedicated to delivering incisive advice.
The Firm's domestic and international clients range from privately owned to publicly listed companies, including Fortune 500 entities.
LEX Nexus is a law firm with eight partners, the firm also has associates and support staffs. The firm aims to provide clear; concise and practical advice based on in-depth knowledge of the legal, regulatory and commercial environment within which our clients operate and with a full understanding of their overall business objectives.
Given a rich human resource base, the firm has the ability to assemble dedicated teams of professionals with the requisite expertise to meet client requirements and handle complex and large transactions.
Each client has a dedicated partner who leads, coordinates, and is directly responsible to meet client requirements efficiently. The ability to respond to client requirements and to render the highest level of services is fundamental to the approach of the firm towards its clients.
The new era of globalisation, where the work force is as intermingled as modern culture, it is the objective of LEX Nexus to provide our clients with the latest and the most appropriate strategies using analytical tools and management science, encompassing when required legal minds practicing in various jurisdiction, to serve the profession and further legal issues.
LEX Nexus actively engages in lobbying for better strategies.
Our core values embrace the highest professional standards and build supportive and strong relationships with clients. These values are communicated throughout the firm and serve to instill in all our lawyers a full appreciation of professional and ethical responsibilities the firm places upon them. We are committed to enhancing the firm's reputation for client service. We believe it is important to build long-term relationships with our clients in order to anticipate the legal and regulatory implications of commercial opportunities and to resolve problems and disputes affecting our clients' businesses at an early stage.
We are acutely conscious of the fact that legal services are needed to be timely, economical, and efficient. Our longstanding client relationships have been built based on a strong commitment to quality of service, where value of our experience and expertise is realized. We determine the nature and extent of our involvement in matters at the outset based on resourcing and monitoring criteria. Efficient management of large-scale transactions and cases is a particular strength of the firm. We are experienced in drafting, negotiating, organizing, and managing transactions within tight time-scales. LEX Nexus, organised and registered law firm including registration with the Bombay High Court as Advocates & Solicitors and with the Bombay Incorporated Law Society as Solicitors. All partners are registered on the rolls of their respective Bar Councils to practice law while some partners are advocates on record on the rolls of the Supreme Court of India. LEX Nexus is also registered with the Income Tax department having its Pan and Tan number.
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