-PublisherMr. Rajesh Kendale
-EditorDr. Sonal Burghate -Co-EditorsMaria, Suparna Dey -Art EditorAjinkya Pandit -VisualizersNilesh, Sachin, Akshay, David
-Marketing ManagerOm Naik -BDMRohn Jamson
-Technology ConsultantPratik Dande
-Senior EditorZelen Silva -Picture EditorManwa Deshmukh -DesignerPankaj Kharde -Art & Design DirectorAnkit Kulkarni -BDEJessica Edwards, Neha Bhole, Nupur Goel & Sandip Babar
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Lawfirmshavetodifferentiate themselvesbasedontheir knowledge,astheirsectoris information-based.We,TheLeaders GlobeMagazinewouldliketo appreciateprominentlawfirmsand theircharacteristicsinourMagazinefor theiroutstandingperformance.These Lawfirmshavemanagedtoacethe gamebyidentifyingtheirskills, abilities,brandandhumancapitalvalue andpolishingthemtimeandagain. TheseLawFirmshadtotakeupa digitalpresenceinthepastfewyears withallthepandemicstruggleandthey stillmanagedtoturnoveranewleaf despitetheodds.
Withthecurrentraceininnovation, manyLawFirmshaveadapteddifferent practiceswinningthemlargedeals, makingitanotherstellaryearof dealmaking.Theselawfirms demonstratedtheirresilienceand
adaptability,closingdealsinrecord numbersandsizestotheamazementof marketobservers.TheseFirmscontinue tolendtheirexperienceinframingnew policiesandamendingthecurrentones tomakethemsuitableforthemarket conditionandoutsmartingtheir competitors.Aperfectblendof academicknowledgeandtechnical skillshashelpedthemsoartoheights.
Acombinationoftheirsize,their capabilityandtheirreputationglobally alongwithhumongousclient satisfactionhasmadethemreignas championsforseveralyears.Growing manyfoldsimmenselyandwidening thespectrumofservicestheselawfirms haveshownprolificgrowthandtapped intothesourcesoffinance.Alsomany ofthesefirmsarefull-servicelawfirms providingend-to-endqualifiedadvice onavarietyoflaws,regulationsand policies.Meetingchallenges,managing
deadlines,buildingstrategies, innovatingnewlegalsolutionsfor corporatesandbusinessestheyhave achievedfinancialanddesignatory success.
Legalindustryisoneofthosefieldsthat manypeoplefindextremelyappealing. Lawisanareathathasasignificant impactonmanypeople'slivesandthe impactisahighlydirectway.People needlawyersinmanystagesoflife, frommarriagetoworkandbeyond. Thesetrendsareexpectedtoimpact manyareasofthelawandhowitis practiced.Thosewhofollowthe industrycloselyseethatnew technologyandglobalexpansionwill continuetoplayanimportantroleinthe livesoflawyersandtheirmanyclients.
Changeistheonlyconstantinthis industry
- Maria Maria
We focus on the values of transparency and trust to cater to the needs of the client in a tailored way. Our team of experts is always ready to innovate so that we don't just meet client expectations, but exceed them
Whiletradeandbusiness areoftenunderstoodin termsoftangiblegoods andservices,that'softennotthe case.Especiallytodaywhenthe worldhaswitnessedatremendous technologicalboom.Aswemove deeperintotheeraofan informationeconomy,lookingat waysofprotectingintangibleassets likeideas,designs,andinformation becomesofparamountsignificance.
Therapidlydigitisingworldhas openedroutestostreamlined interpersonalcommunication, interchangeofideas,remote educationandwork,ande-comm, however,ithasalsoincreasedthe risethat'sassociatedwithsuch informationandideaflows. Growinginstancesofintellectual propertyinfringementandtheftare emblematicoftheneedforstronger IPprotectionandabetter understandingofsuchnorms.
Whilethereareseverallegalfirms dealingwithIPissues,veryfew actuallyhaveunboundexpertise andresourcestocompletely dedicatetothisdomain.Rajeshwari &AssociatesisaDelhi-basedfullservicelawfirmthat'schangingthis statusquo.Thefirmspecialisesin theseverydomainsofIntellectual PropertyRightsandchannelisesits expertisetostrategisetailored solutionsforclients.Withan exceptionalservicerosteron Patents,Copyrights,Trademarks, PlantVariety,Geographical Indicators,andotherallied domains,thefirmhaspropelled itselftotheapexoftheIPlitigation,
advisory,andassistancepyramidin India.
ThecornerstoneforRajeshwari& Associateswaslaidbyitsdynamic andinspirationalfounder,Ms. RajeshwariHariharan.Duringher 20-year-longillustriouscareerinthe legaldomain,Rajeshwari specialisedinthefieldsofpatent andinfringementissues,know-how agreements,draftingoflicencesand agreements,andpatentprosecution inthedomainsofbiotechnology andbiochemistry.
In2010,Rajeshwarilefther positionaspatentlitigationheadat areputedDelhi-basedlawfirmto pursueherdreamofestablishinga comprehensivelawfirmthatcould drivechangeandimpactthelivesof people.Apartfromlegalexpertise, Rajeshwari'sknowledgeinthefield ofBiotechnologyallowsherto blendthetwotopioneeran innovativeapproachtoIP.
Rajeshwaricurrentlyhandlespatent appeals,infringementdisputes,and otherrelatedissuesbeforethe SupremeCourtandIndianHigh Courts.Shedisseminatesher knowledgeinthisdomainby authoringpapersandspeakingat conferencesandseminarsacrossthe country
Fromitshumblebeginningsin2010 tonowbecomingaleadingIPfirm withaglobalrosterofclients,the venturehasgrownfromonefeatof successtothenextunder Rajeshwari'sbrilliantguidance.Her expertiseinthefieldofpatentswas
recentlyacknowledgedwhenshe wasnamedasoneofIndia'sleading patentlawyersbytheIntellectual AssetManagementmagazine.
Foregroundingtheroleofethics, thefirmbelievesinmaintaining highstandardsoftrust,integrity, andhonestywhendealingwith clients.Whetheritbeadvising clientsorrepresentingtheminlaw courts,theteamatRajeshwari& Associatesprioritisesthevalueof transparencytofosteralastingand openrelationship.Thisethically nuancedapproachandahighdegree ofprofessionalismdisplayedbythe firmhaveearnedittheconfidence ofitsclients.
Rajeshwari&Associateswas foundedonthechiefcornerstoneof meetingclientneedsinthemost pragmatic,cost-effective,andtimeefficientmanner.Tothisday,the firmremainscommittedtoits foundationalvaluesofideating solutionsthatdon'tjustmeetclient expectationsbutevidentlyexceed them.Whilethedomainof intellectualpropertyisonethat's characterisedbyrapidwhirlwinds ofchange,Rajeshwari&Associates stillmanagestoupholditslegacy valuesundertheseevolving circumstances.Thefirmhassetnew benchmarksindeliveringresourceoptimisedresultstoclients,while alsohelpingdisseminateknowledge aboutintellectualpropertyrights andotherallieddomains.
Owingtoitsin-depthfieldknowledgeand unwaveringcommitmenttobrilliance,thefirmhas earnedthetrustofitsclientsandamarketreputation ofexcellenceinjustamatterof12years.Foregoing thecookie-cutterapproach,theteamatRajeshwari &Associatesbelievesinfirstthoroughly understandingtheneedsoftheclientandthen progressingtothebrainstormingstage.Without valuableinsights,customisedandinnovative solutionscannotbecreated.Thus,understandingthe goalsoftheclienttakesprecedenceoverallelse.At thesametime,thefirmunderstandsthatclientshave certainsetbudgetsandtimeframesofoperations. Respectingthesevaluableoperationaxes,theteam ensurestimelydeliveriesatthemostcost-effective rates.
Whileintellectualpropertyrightshaveexistedfor decades,theirsignificanceinthemodernworldhas beenamplified,tosaytheleast.Thetechnological revolution,coupledwiththeboomingconcernswith cybersecurityissueshasfurtherpushedindividuals andcompaniestosafeguardtheirintellectual properties.
Whilemostcommonerswouldassumethe singularityofintellectualpropertyrights,inreality, therearequiteafewsubdivisionswithinthis umbrellaterm.Rajeshwari&Associateshelps ensurethatitsclients accesstoallIP-relatedhave serviceverticals,underthesame.Tothisend,the firmspecialisesinthefollowingdomains:
Patents:Thefirmspecialisesinawidegamutof patent-relatedservicesthatincludedrafting,filing, advising,globalpatentsearch,prosecution,and litigation.Thefirmoperateswithateamof experiencedandskilledpatentagents,lawyers, technicalexperts,andengineerstodeliverquality solutionsinrecordtime.Thisteamofastute industryleadersalsoprovidesvaluableadviceand insightsonpatentstrategiesandpatentportfolio creation.
Trademark:Atrademark representsabrandsignature.In ordertoprotectthisvaluable brandingtool,Rajeshwari& Associatesconductstrademark searchesinIndiaandabroad,and offerspre-registrationadviceand filingguidance,registration,and prosecutionservices.Thefirm alsospecialisesinthedomainsof trademarkrenewalandportfolio management.
Copyrightlawssafeguardwork that'sanoriginalcreation.Overits yearsofoperation,thefirmhas securedindelibleexpertiseinthe fieldofcopyrightregistration, prosecution,andlitigation,bothin thephysicalandvirtualdomains. Additionally,Rajeshwari& Associateshasalsosuccessfully advisedclientsandrepresented themoncopyrightinfringement issues.
PlantVariety:Asarathernovel inclusiontoIPrights,thisdomain cameintothelimelightafterthe enactmentofthePlantVariety ProtectionandFarner'sActof 2001.Underthislaw,thenew plantvarietycreatedbyafarmer isdeemedasintellectualproperty Rajeshwari&Associateshandles everythingfromadvisingclients ontheregistrationprocesstopostregistrationactionsand competitormonitoring.
GeographicalIndications:Asa formofIP,geographical IndicationsorGIrepresentthe birthp productorlaceofa idea. Thefirmprovidesregistration assistance,useragreement draftingservices,client representationinGIdisputes,and renewalservices.
Apartfromthesecoreareas, Rajeshwari&Associatesalso specialisesinITlaws,IPdiligence,
entertainmentlaw,preparationof legaldossiers,andcompetitionlaw.
Rajeshwari&Associateshas succeededinbringingsomeofthe bestindustryexpertsunderone roof.Byfosteringacollaborative workculture,thefirmaimstoideate innovativeandefficientsolutions andstrategiesfortheclient.With trainedexpertsineverytechnical field,theteamatRajeshwari&
Associatesworkstirelesslytofulfil theneedsoftheclientwhilealso upholdingthecornerstone principlesofthecompany.
Theprofessional,trustworthy andtransparentapproachofthe firmhasearneditseveralclient accolades.Servingbothnational and internationalclients,thefirm hassecuredavariedrosterof
industriesincludingbutnotlimited totheAerospace,Biochemistry, Energy,Automobiles,Foodand Beverage,Entertainment,and Softwareindustries.Currently, Rajeshwari&Associatesoperates fromitsmainofficesinDelhiand Gurgaonanditsassociateofficesin Kolkata,Mumbai,andChennai.
Thetechnicalknowledgeofthefirm
givesitanindisputablemarket edge.Thus,whiletherelevanceand potencyofintellectualproperty rightskeeprising,Rajeshwari& Associatesisnowwell-poisedto expanditssphereofinfluence acrossIndiancities.Withseveral home-basedbusinessesseeingthe lightofthedayduringtheCovid-19 lockdown,theneedforlearning aboutIPrightsandtheirconsequent protectionisnotanoptionbuta
necessity.Filingpatentsto copyrightinginnovativeideas,the needforIPsolutionsisquite formidable.Rajeshwari& Associatesexpectstospearheadthe IPrevolutionthat'snowmore palpablethanever
The success of any law firm depends upon its efficiency.
Organising how enquiries are managed, to ensuring files are digitally stored and ready to be accessed on a moment's notice all this needs to be handled efficiently Some law firms depend on technology these days for productive and efficient work but without commitment none of those technologies can also be of any help There are no specific techniques that work for every organisation but there are some common techniques which have been followed for many years by the most successful law firms in the world and have shown results over the years
The most important aspect are the core team members of any law firm who can run the show in the absence of the authorities.Acore team member is someone who has enough experience and has been an active member in the whereabouts of the law firm Individuals who
have specialised knowledge in sales, customer service, management and process/systems development are the assets of the organisation.They are the most important thing in any law firm because the growth of a law firm is proportionate to its team members and their commitment and expertise to the organisation So building a strong team is very important.
Competing with the more experienced, higher profile, big spending lawyers will do you no good rather than focus on your target audience and give them quality service so that they would keep coming to you again and again. Find your own “small town" in a big city You'll not only find prosperity, but also greater practice satisfaction and balance.
The biggest mistake law firms make is thinking that everyone is their customer but that is not true, in fact the very first step is to identify who your customers are and then
marketing to them because there will be only certain types of customers who will buy from them Marketing needs to be done throughout rather than when you run out of customers Continuous marketing helps to build a flow of customers and keep the chain going.
The success of a law firm will depend upon the feedback from his or her clients. Clients decide their feedback on a visceral level if they liked the firm or disliked the firm and its services based on what they have heard from their friend or probably read about on the website
So it is very important to build a reputation for the law firm, in layman terms it is also called the goodwill of the organisation. One of the biggest assets of any firm is its reputation, because people talk to people.And as the saying goes Happy clients tell 3 people but unhappy clients tell 33 people
Keeping this in mind it's very important that we give the customer a satisfactory service experience
Systems that give consistency, accountability and quality -control is what makes a good, sustainable and growth oriented business system If the firm is running due to efforts and presence of an individual then the firm is likely to fail or just sustain at the mediocre level That's why training team members on the system is essential. Agood system has to be tried and tested in all different market scenarios and then be implemented into the law firm.These systems can be incorporated from other organisations and their systems as well just like governments of many countries Most law firms work on "tribal memory" where the senior simply gives instructions to the juniors and the task is carried out Instead there should be a strong and scalable system, so the juniors simply have to play their part in the system by following the procedure
Choosing and using technology well is essential to an efficient, growing practice with satisfied clients, a happy team — and less stress If there are no technological advancements in the firm then the firm happens to lose its ground. There are many softwares available for office functions, case management or practice management, time and billing, document automation etc which make it easier to carry out all the day to day operations of a law firm So opting these
technologies can be really fruitful for the growth of the organisation.
Inculcating these tried and tested techniques of running a law firm successfully can help soar any law business to heights The key point would still remain that how efficiently these techniques are inculcated than just being put to use
avigatingthroughthe
Ncorporatecompliancemaze canbequitedauntingwithout aguidinglight.Whilemanagement headsmayhavemasteredtheartof spearheadingabusiness,understanding corporatelegalesemaynotbeoneof theirspecialities.Thisiswhere partneringwithanexperiencedand trustworthycorporatelawfirmbecomes ofparamountsignificance.AtNVS& Associates,thelegalaspectsofthe operationarehandledbycompetentand experiencedlawyerssothatthe managementcanfocusonchannelling growthratherthanworryingabout complianceandinfringementissues.
HeadquarteredinChennai,NVS& Associatesisafull-servicelawfirm
that'scommittedtoproviding innovativeend-to-endservicestoits clientsacrossarangeoflegaldomains. Thefirmcaterstoanextensiverosterof nationalandmultinationalcorporations acrossindustrialverticalslikebanking andfinance,retail,andmanufacturing. NVS&Associatesoperatesthroughits counselsinBangalore,Hyderabad, Mumbai,Delhi,Coimbatore,Madurai, andCochin.Internationally,the companyassociateswithcompetent partnersinSydney,Singapore,and Melbournewithavisiontofurther expanditsglobalinfluenceand presenceinthenearfuture.
Cultivatingamarketreputationisnot aneasytask.Provingthe trustworthinessofanenterprisetakesa lotofdedicatedhardworkand diligence.Thepioneeringlegacyof NVS&Associatesisbasedonfour cardinalpillarsofhonesty,integrity, commitment,andconfidentiality The teamatthefirmbelievesinweaving thesevaluesintotheveryfabricofthe organisationalculturetobuildalasting relationshipoftrustwithitsclients. Thesecorevaluesarewellreflectedin theservicesofferedbythefirm.
Startinghislegalcareerin1974,atthe MadrasHighCourt,NVS&Associates founder,andchiefconsultant,N.V. Srinivasanhascraftedtheventureto reflecthisdedicationandzeal.Before layingthefoundationsofthis
enterprise,Mr.Srinivasanworkedwith bothCanaraandANZGrindlaysBanks inthefieldoflabourmanagement.His experienceastheformerDirectorofthe ANZGrindlaysBanksandasamember oftheNegotiatingCommitteefor India'sapexbankingbody-Indian Banks'Association,coupledwithhis specialisationinTaxation,Commercial Laws,andLabourLegislationgavehim valuableinsightstostartNVS& Associates.
Asamemberofreputedlegalbodies bothinIndiaandabroad,Mr Srinivasanhasaprovenlegacyof excellenceandanindeliblereputation forbrilliance.HewaspartoftheIndoAmericanandIndo-Australiantrade delegations,whereheoutlinedthe Indianlegalsystemandhighlightedthe investmentopportunitiesthatlayin India.Apartfromhelmingthereinsof NVS&Associates,currently,heisalso servingasanExecutiveMemberofthe Indo-AmericanChamberofCommerce, ExecutiveCouncilMemberoftheIndoAustralianChamberofCommerce,and memberoftheglobalIndustrial RelationsAssociation.Heshareshis valuableinsightsbypenningjournal papersandspeakingatseminars organisedbytoptradebodiesinthe country
Asafull-servicelawfirm,NVS& Associatesoffersintegratedstrategic managementandlegalservicesacross 19distinctareasoflaw Thefirm
’’
N.V Srinivasan
We believe in fostering an egalitarian work environment where every individual feels comfortable enough to innovate and hone their skill sets
specialisesinbothnationaland internationalCommercialLawsand Arbitration,aswellasCorporateand SecuritiesLaw.Underthesedomains,it dealswithduediligenceissues,drafting andnegotiationofcontracts,and compliancemanagementinvolving bothnationalandinternational regulatorybodies.
NVS&Associatesalsospecialisesin BankingandInsuranceLaws,Property Laws,CyberLawandInformation Security,FinanceandAccounting, LegalAuditing,Compliance Management,andEnvironmentalLaws. UnderitsCorporateLiaisonservices, theteamobtainslicencesandregisters properties,andliaiseswithgovernment agenciesonbehalfoftheclient.
Amongotherareasofexpertise,the firmhandlestrademarkandcopyright issuesundertheIntellectualProperty Laws,complianceissuesunderthe
ExciseandCustomstatutes,Customer ProtectionandSafety,andissuesunder EmploymentLawslikerestructuring, internaldisputes,draftingofcontracts, retirementandincentivestrategies,etc.
Theunboundexpertiseandexperience oftheteamatNVS&Associatessets thelawfirmapartfromtherestofits counterparts.Itsteamofhighly qualifiedandtalentedlawyershasthe distinctionofarrivingbeforemultiple tribunalsandcourts,bothindividually andinclosecollaborationwith internationallawyers.Thisgivesthem valuableinsightsintointernationallaw andjurisdictions.Thiscoupledwiththe relentlessdedicationofthefirm towardstheprovisionofsustainable legalsolutionstoitsclientshasmadeit thepreferredandmosttrustedcorporate lawpartnerforbothnationaland internationalorganisations.Moreover, themanagementandbusinesseducation
ofsomeofitsteammembersallowsthe firmtobetterunderstandclientneeds andideatestrategiesincongruencewith them.
AtNVS&Associates,theteam believesinunderstandingtheneedsof theclientbeforedevisinganysolution orstrategy Abandoningtheusual cookie-cutterapproach,thefirm upholdsitsvaluesofintegrityand commitmentincuratingsolutionsthat aretailoredtoredresstheclient'sissues. Whilethefirmspecialisesinsuch services,itproactivelyworksto promotenon-litigationandcraft preventativestrategiestopreemptively safeguardtheclientfromanyfuture litigationworries.Thinkingastep aheadandsecuringthefutureofits clientshashelpedthefirmnurturea strongandfruitfulrelationshipwithits clients
Founder & Chief Consultant In working closely with our associates across countries, we aim to provide the best expertise to our clients, both from the business and legal perspectives
Our children are our most important assets and valuable possessions”, RodneyEricsonaccuratelystates.
Havingakidisanunquantifiableexperience thatbringsenormousjoyandsignificanceto life;thisjourneybecomesevenmoreenjoyable ifyourfinancesarewell-planned.Whilesome parentsnavigatethisfinancialjourneywith easily,othersstruggletoachievetheir children'saspirations,whethertheyarelongtermmilestoneslikegraduationandmarriage, orshort-termmilestoneslikebuyinggadgets andthrowingaparty
Here'sabreakdownofthevariouscoststhata familyincursduringdifferentstagesstaring fromninemonthsofpregnancyupto completinghispost-graduation.Thisanalysis seekstoprovideparents,expectantcouples withaclearimageofhowmuchitwouldcost toraiseachildinourcountryunderthegiven scenario.
Theexpensesoutlinedherearebasedonthose ofahigh-earningcouplelivinginanIndian metropolis.Weprovideagraphwithafull breakdownoftheexpensesincurredduring eachstage.Notethatyourfamily'srealcosts willvarydependingonyourlifestyle, geography,andotherpreferences.Priceshave beenestimatedusingcurrentexpenserates.It maydifferdependingonyourchild'spresent age.Checktheendoftherepostforinflation rates.
Thecostofhospitalizationisthemostsignificantexpenseatthispoint. Dependingonwhetheryouresideinametrocity,thetestsyoumustdo, andwhetheryouhaveanormalorcaesareansectiondelivery,thenine monthsofpregnancyanddeliveryexpenditurescanadduptoawhopping Rs2-3lakh.Medicalexpensesincludemothers'vaccinations/injections, doctors'visitsandsonographies.Additionally,monthlygroceryprices willrisetosatisfythenutritionalneedsofthepregnantwoman,which includefreshfruits,ghee,protein,andveggies.Also,ritualssuchasbaby showerscancostanywherefrom20,000to1lakhdependingonthe numberofguestsandthescaleofcelebration.Thiswillbethefirsttime thatparentswouldbespendingforseedingtheirchild.
Firstfewyearsofachild'sliferequiresextensivemedicalcare,asnewbornsarepronetoinfections,includingascheck-upsandvaccines administeredevery2to3months.Apartfromtoys,thenecessityfora varietyofaccessorieslikeasastroller,walker,andcarseatarise.Inaddition tothefirstbirthdayparty,religiousactivitiessuchasnamingandmundane ceremoniesareheld.AdaycarefacilitycancostmorethanRs5,000a month,andafull-timenannyRs10,000-12,000amonth,ifboththeparents areworking.
Thecostofraisingatoddler(2-5Years)
Let'sexamineafewkeyexpensesduringthisstage.Pre-schoolfeescan rangefromRs.50,000to1lakhdependingonyourcity,chosenpreschoolbrand,conveyance,after-schoolcare,etc.Astheimmunityofthe childisbuilding,youwillneedtobepreparedforroutinecoughand coldvisitstothedoctorandalsoincludeperiodicalvaccinations.As yourchildcontinuestogrow,youwillneedtobudgetforfood supplements,clothesandtoysforyourchild.
Thecostofachildduringprimaryschool(5-8Years)
Othercostssuchashealthcare,diapers,infantfood,andaccessories decrease,whileeducationanddaycareaccountsforasignificantportion ofspending.
Themajorityofspendingatthispointareforeducationand extracurricularactivities.Otherexpenses,suchasbooksanduniformfor yourchild,recreationalactivitiesandvacationswillalsobeincludedin thefamilybudget.
Thecostofachildduringhighschool(13-18Years)
Let'slookatafewsignificantexpensesatthispoint.Apartfromschool fees,youalsohavetopayforcoachingclasses,competitiveexams. Thesearetheturbulentadolescentyears.Expectyouryoungstertobe impactedbypeerpressure,withdemandsforluxuryclothes,high-end electronics,socialoutings,andmore.
Thecostofachildduringcollege(18-21Years)
Atthispoint,thecostsaredeterminedbyyourchild'spreferenceof Science,CommerceorHumanities.It'simpossibletoknowwhatyour childwillbepassionateaboutattheageof5,10,or15years.Wehave estimatescostofcommercestreamforeaseofcalculation.
Thecostofachildduringpost-graduation(21-23Years)
WeassessedthepricesMBAataprestigiousIndianinstitute.Notethat, dependingonthecountryandthecoursechosen,yourchild'sdesireof anoverseashighereducationcouldcostanywherefrom40lakhs–50 lakhsmore.
Whenplanningforachild,parents-to-beoftenforgettofactor inthecostofinflation.Thiscancauseasignificantamountof disruptionintheplanningprocess.Forexample,thecurrent costofhighereducationinIndiaforanMBAataprestigious collegeisRs.10,00,000.Assumeyouandyourfamilyhavea newborn.Witha7%annualinflationrate,thecostofanMBA degreewillhaverisentoRs.41,40,562bythetimeyourchild reaches21yearsold,over4.1timesthecurrentprices.
Achildoffersenormousjoy,butitalsocomeswithanadded financialresponsibilityforwhichyoumustplanaheadoftime.
Roughestimatesindicatethatfromthetimeofconception untilthechildisoldenoughtoliveonitsown,raisinga childcostbetween 80Lakhand 90Lakh
Fromthemomentachildisbornuntiltheyreachmaturity, theexpenseofparentingachildonlyrises.Asaresult,you mustensurethatyouhavecoveredallbases
Mostsignificantly,parentsshouldconsiderinthecostof inflationwhileundertakingcostanalysissothattheirefforts donotgoawry
The information provided is generic in nature and is intended solely for educational purposes. Nothing on this page should be interpreted as investing, financial, or tax advice, or as an invitation, solicitation, or marketing for any financial product. Prior to making any investment choice in connection to any financial instrument, readers should take caution and seek independent expert advice. Armstrong Capitals is not liable for any decision arising out of the use of this information
ManjuMastakar,Founder&MD,ArmstrongCapital&FinancialServicesPvt.Ltd.
TheauthorisManagingDirectorofArmstrongCapital&FinancialServicesPvt.Ltd.andshehas overtwodecadesofexperienceinInvestmentplanning.
ArmstrongCapitalofferscomprehensiveInvestmentSolutionsforIndividualsformoredetails visit:www.armstrong-cap.com
Legaldepartmentsthatarein househaveresisted automationand technologicaladvancementsfora longtime.However,theeffectsof thepandemichaveforcedseveral legalfirmstochangegearsin2020 andpursue—oratleastproactively thinkabout—moreextensive automationofmanysuchlegal activities,especiallythosearound majorcorporatetransactions.The mainconcernnowistodecide whichtechnologiestheyneedto embracetogrowrealbusiness outcomes.
ZackHutto,Director,Advisory, Gartnerstatedthatthecovid19 pandemichasactedasacatalystfor thisimmensetransformation.The industrythatoncekeptasafe distancefromtechnologyisnowin aracetoadaptitattheearliest. “Legalteamshaverarelybeenthe vanguardtoadoptsuch technologicaladvancementslike atomizing,modernisingand digitisation.Butthepandemichas
inducedareductioninstaffingand consequentlyincreasedworkloads. Insuchascenario,adoptingnew technologicaltrendsisano brainer."
Chatbotsaretakingindustriesby thestorm.Almostallareasof workhassomeformofchatbot implemented.Andthesame appliestotheLegalIndustry System.
Legalchatbotsareanefficient andgreatwayofoptimisingany kindofworkprocesstosavethe timeandmoneyoflawyers.
Therearemanyreasonsbehindit, butthefirstandforemostisthata chatbotdoesnotneedatimeoff orvacation.Itisavailable24/7to providecustomerswithlegalhelp whenevertheyneedit.Atthe sametime,itismuchmore beneficialandagilethanany humanlawyerconsultation.
Ifyouarealawyer,youmay wonderthatlegalchatbotsare goingtoreplaceyouoneday.
However,thatisnottrue. Imaginebotsarelikelittle helpers.Theydotheroutineamd otherwisemundanetasksinyour stead.Thisallowsyoutofreeup yourscheduleforworkthatneed yourattentionthemost.Theyare alsoperfectforcreating documents.Abot"talks"witha clientandunderstandstheir requirements.Itusesthis informationtogathertherequired dataandthencreateshis documentinminutesinsteadof you.Italsohelpsclarifyany questiontheclientmayhave duringthedocumentcreation process.
Anothertaskthatchatbotsexcel inisconductingduediligence.
Chatbotsautomateandspeedup thisprocess,leavingyoutimeto domoremeaningfultasks.
Chatbotscarryoutabroad investigationthatincludes reviewingtonsofdocumentsand askingplentyofquestionsto uncoverbackgroundinformation andcreateafullreportforyou.
Onlinedisputeresolution(ODR) isabranchofdisputeresolution whichutilisestechnologythat assistwiththeresolutionof disputesbetweenconflicting parties.Itsprimarypurpose involvesnegotiation,mediation orarbitration,oracombination ofallthree.
Theadvancementintechnology hascreatedanavenueforitto creepintothedomainof alternativedisputeresolution.
Thereisnowonlinemediation, onlinearbitration,andeven arbitrationutilisingthesame blockchaintechnologyas cryptocurrencies:blockchain arbitration.Theseformsof alternativedisputeresolution, knownas“onlinedispute resolution”,areincreasingly markingtheirpresenceinthe legalcommunities.
Thisnewprocessmayincludea
thirdpartythatactsasa facilitatorinthedispute resolution.Alternatively,the onlinedisputeresolution softwaremaytakeontheroleof thefacilitator,withthehelpof artificialintelligence.This removestheneedforhuman resourcesintheprocess.This alsoremovestheunnecessary overheadoftravellingand stayinginremoteplaces.Youcan savetimeandmoneyand unwanteddelayswhichwould resultfromtravellingforsuch disputeresolutions.
Cybercriminalsarereal,and cyber-attacksarebecomingmore andmorefrequent.Government agenciesthemselvesareproneto attacks,andtopleadingtech companiesalsohavebeena
targetofseveralcyber-attacks, mostofbeingsuccessful.Insuch cases,legalfirmsareprimetarget forsuchcriminalactivities.And theyhavealottoloseaswell. Nofirmwouldwanttheirclient's dataleakedoutintothepublic domain.Legalmattersareof utmostimportance,andtheyneed tobetopsecret.Ifafirmcannot guaranteeitssecurity,theynot onlylosebusinessbutcouldalso besued.
Asaresult,legalfirmsarenow adoptingsafemeasures understablydubbedascyber hygiene. Theseincludeenabling multifactorauthentication, restrictingphysicalandonline accesstocriticaldatabasesand systemstothestaffona“needto know”basis(knownasthe “principleofleast-privilege”), applyingrequiredsecurity patchespromptly,etc
When we infuse our knowhow to your brand, it gains bulk to battle competition.Your brand hasa ready market, we push to expand the boundaries.Your brand has the product, we extend the product line. Your brand has the operational framework, we add the technology engine to upgrade its efficiency
When your brand gets under our wings, we make sure it grows as we study it individually to chart out its path to maturation. Without compromising the current image, we work from facelift to on-time last mile delivery
We have been doing this for more than a decade. Hence when your brand unions with us, you know there is only one outcome - success.
m
Inacountrythesizeofa continent,thegritand determinationshownby womeninthefaceofbarriersand challengeshasbeenextraordinary. Everygenerationhasproduced manywomenwithexceptional qualitiesthathavecementedtheir legaciesandforeverearnedthem thetitleofpioneers.Theyhave succeededinmyriadfieldsranging fromartsandpoliticstobusiness andscience.Outofthese,thelaw isprobablyoneofthemost powerfulplatformswherewomen canmakeasignificantimpact.
OnesuchpersonalityisMs.Rashi AnandSurithefounderandcurrent ManagingPartnerofUpscale Legal.UpscaleLegalisamulti servicelawfirmthatcaterstothe needsandinterestsofvarious Corporatehouses,Financial institutions,Governmentagencies &departments,alongwith assistinginsupplementary business&legalissuesoftheir individualclients.UpscaleLegalis afirmbelieverofproviding workableadvicewithcosteffective assistancetotheclientsisour foremostaim.Thefirmstrivesfor successleveragingtheirstrong problem-solvingskillsaswellas industrycontactsandknowledge viewapproachtheissuesfromboth businessesaswellaslegal perspective.Theyfocusnotonly onsolvingproblemsbutalsoon avoidingproblemsaltogether
Thereisnodoubtthatthefirmhas asolidandsophisticated understandingofthebusiness environmentthatisforeverinflux intersectingwithlaw,publicpolicy andtechnology.Withthe protectionandadvancementofthe businessinterestsoftheirclients
UpscaleLegalisoneofthebest optionsoutthere.
Thefirmprovidesexpertadvice andservicesinvariouslegal
sectors.Theyarewellversedwith theBankingandFinancesector
Themembersofthefirmhave specializedknowledgeand experienceinbankingandfinance laws.Theyalsoassistseveral clientsandcorporatehouseswith corporateleasingbycompleting thereviewprocessandfinalizing theletterofintent.
RealEstateandHospitalityis anotherareawherethelegalteam ofUpscaleLegalhassignificant experienceonmattersrelatedto realestatedevelopments.Theyalso provideservicestoclientsto participateintendersthatare releasedbythegovernmentbodies andPSUs.Indeed,therearenot anyareasoflegalmatterswhere Upscaledoesnotexcel.
UpscaleLegalisthebrainchildof Ms.RashiAnandSuri.Shehas over20yearsofexperienceunder herbelt,andhasbeenacrucialpart ofvariousleadinglawfirmsofthe countryandbusinesshouses.Ms. SurihasassistedthePlanning CommissionasaLegalConsultant totheSecretariatofInfrastructure. Shehasalsobeeninstrumentalin settingupoffshoreofficesforher internationalclientsbyassisting withlicensingandregistrations. ShehasbeenappointedasaLegal
Our three essentials at work are our trusted team members, our quality services with a personal touch and our knowledge and expertise in the eld that make us unique.
- Rashi Anand Suri
ConsultanttotheNational highwaysAuthorityofIndiaon severalprojects;shehasprovided hervaluableadvicetotheNHAI outliningthoroughlythe preparationofbiddingdocuments forhighwaysprojectson BOT/DBFOT/Annuitybasis,along withtheevaluationofbidsput forwardbybidders.Ms.Surihas nodearthofknowledgeand experience,andiswellversedin otherfacetsofcorporateand commerciallawsincludingforeign directinvestmentand documentationconcerning shareholdersandjointventure agreementsandvariousM&A transactions.Actinginthecapacity ofadvisortoseveralbankingand financialinstitutionsand developerswithparticularfocuson PPPProjects,shehascarriedout thoroughreviewofproject
documentationforenergy, highways,power,water, conductingduediligencereviews.
Overtheyears,UpscaleLegalhas beenabletogarneranimpressive numberofawardsandaccolades. In2021,theyweredeclaredasan Award-WinningFirmbyIndia BusinessLawJournal.Theywere rankedinthepracticeareaof LicensingandFranchising.The firmalsowonanawardfor OutstandingWomenLawyersin 2022.Ms.Suriwasalsopresented acertificateofappreciationby WomenEntrepreneurIndia.Thisis anannualrecognitionof'Business WomenLeadersof2021'thatnot onlyhighlightsthebusinessand technicalacumenofthechosen womenbutalsoshinesthe spotlightoninspirational
professionaljourneysthatthey havecreatedintheIndianBusiness landscape.
UpscaleLegalinashortspanof timehasbeenabletodistinguish itsservices.Thefirmhasbeen empaneledwithvarious governmentdepartments,banks andfinancialinstitutionsincluding DelhiTourism,IDFCFirstBank, RBLBankandvariousother NBFCs.Theirclientshave immenseconfidenceinthemtonot onlyengageinlegal documentationbutalsointheir entirebusinessprocesssoasto effectivelycontributetotheir transactions.Inaveryshortperiod oftime,thefirmhasbeenableto setitselfasoneofthebestlaw firmsinDelhiIndia
At Upscale our integral motive is not just solving the problem but also to avoid them for the client
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Founder & Managing Partner
Oneofthelawfirm painpointshas alwaysbeenits recruitmentandtheprocess thatgoesbehindthe recruitment.Whenitcomesto skilledlawyersthelegal industryisfacingatalent shortage.Firmsstruggletofill thevacanciessincethey competeforthesamepeople. Recruitingishighly competitivepost-pandemic, andthelegalindustryfaces uniquerecruitmentchallenges.
Thesearesomeofthecommon problemslistedbelowfacedbyany lawfirmororganisation.
Oneofthemajorproblemsfacedby lawfirmsisthedecreasingnumber ofgraduatespassingoutfromlaw collegeseveryyearwhichis affectingtheavailabilityandthe hiringofskilledlabourinmany organisationsandfirms.Tofinda stellarcandidatewhocanhandlethe stressofbeinganattorneywhenthe demandsonemployeesisveryhigh hasalmostbecomeadream. Anothermajorproblemisthat peoplepursuinglawarenotsuited foritandhenceeventhougha candidateishiredheorshemaynot beasfruitfulasexpected.Hiring freshersandinternsrequiresalotof traininganddevelopmentwhichis time-consumingandalsoneedsa lotofassistancebecausetheyneed tobesupervisedtimeandagainas whattheylearninlawcollegeand theappliedpracticesarequite different.
Interviewsarereallylengthyandit takesalotoftimeandenergyto scheduleandconductinterview rounds.Examiningresumesand shortlistingtherightcandidatewith afine-combcanbearealchallenge becausealltheseprocessesalong withtheworkloadandtimesensitivedeadlinescanbereally stressful.Recruitmentrequiresyou todoa'LawofAverage'which consumesalotoftime,sayfor exampleyoufinaliseeverything withanemployeeandatthe eleventhhourthecandidatecancels
onyouandsaysthathehaschanged hismind.Soitbringsyoubackto thedrawingboardandstartsthe processofsearchingandassessinga suitablepersonwhocancarryout thetasksefficientlyalloveragain andtheprocessrepeatstillyoufind asuitablecandidatealas.
LawFirmsneedtofindareliable technologyfortheirrecruitment processasitcanacceleratetheir recruitmentprocessbutthereis alwaysathreatofdatabreachesand otherthreatsloomsonline.Solaw firmsarealwaysmostlyconcerned aboutsecuredtechnologyasmore thananyindustrylawfirmshavea higherstandardofconfidentialityto maintain.Andwithallthese parametersitishardtofinda trustworthysoftwareortechnology sothattheirdetailsdon'tgetleaked outinthemediaoranywhereelse alsokeepingthebudgetinmindso thatitdoesnotbecomeheavyon thepocket.
AlegalLawFirmisnotdoinggood toanyoneunlesstheyplacethe rightcandidateintherightrole. Findingtheperfectmatchismore thanjustsigningthecontract,it's moreaboutthecandidategrowing inthebusinessandbecoming successful.Suppose,thelawfirm mightlovethecandidatebuttheir talentsandexpectationsmaynotbe metbythelawfirmsandlikewise thecandidatemaylovethefirmbut therecruiterdoesn'tseehimasa progressingcandidateathislaw
firmsotheymayenduprejecting theoffer Alsowithchangingtimes nowadaysmanylawyerspreferto workfromthecomfortoftheir homesandexpectaflexibilityof timewhichmakesitevenharderfor recruiterstomeetthoseneeds.
Asthereisashortageoflawyers, meritbasedcompensationhas becomeaverycommontrendin lawfirmsthesedays.Sotheamount ofcompensationalawyerreceives willbedirectlylinkedwithhis performanceandhisretentioninthe firm.So,ifalawyerisunableto performthenthereisaveryhigh chancethathewouldleavethe organisationwithinashortperiod ofhisjoining,whichwouldmakeit verydifficulttoretaingood lawyers.
“Mostbusinessesarefacedwitha numberofgreatopportunities brilliantlydisguisedasimpossible problems.”Whilemanyofthe challengeslistedintheabove paragraphsmightappearincredibly trickyordownrightimpossibleto solve,therearemanywaysto overcomethem.Technologycan playabigfactorindrivingthe recruitmentlevelsup,alongwith thevastamountsofdataand variouscommunicationmethods thatarenowreadilyavailableand easilyaccessible.Onethingisfor certain,challengeslikethesewill keeparising.Itisuptotheindustry leaderstosolvesuchproblems
RSALegalSolutionsisa well-establishedandtrusted professionalfirmdelivering specializedservicesinthedomain oflawsrelatingtoIndirectTaxation i.e.,Customs,Anti-Dumping,GST, FreeTradeAgreements(FTAs), ForeignTradePolicy,Special EconomicZones,erstwhiletaxation laws,IncomeTax,DTAAandother alliedlaws.Thefirmwassetupin theyear2014andiscommittedto providingworldclassadvisory,
litigation,andcomplianceservices tobusinesses.Thefirmprovides litigationservices(uptoSupreme CourtLevel),ownsseparateand dedicatedadvisoryandcompliance teams.Theirmethodofsingularly focusingonservingtheneedsof businessclientssetsthemapart.
Mr.S.C.Jain,whoisthefounderof thefirm,holdsover40yearsof experiencebothofservingasa
CustomsandExciseofficerinthe departmentandpractisinginlaw firms.Thankstohisextraordinary abilitiesaswellashisin-depth know-howofthelegalsystem,RSA LegalSolutionshasanunparalleled experienceofhandlingsomeofthe mostcomplicatedissuesinindirect taxationlaws.TheotherPartner
ShwetaJainGuptahasover14 yearsofexperienceinleadinglaw firmandBig4shandlingindirect taxes.Sheistheauthorofvarious
- Mr. SC Jain
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Utmost care is taken to provide the most workable solutions to the clients. To provide more practical and workable solutions and to guide its existing workforce for better outcomes
books,hasconductedinnumerable seminars,webinarsandworkshops fortheclientsonvarioustopics timeandagain.Today,thefirmis ledbyfivepartnersincluding ShwetaJainGupta,AbhishekJain, RajatDosiandAnshulMittalwho arewell-experiencedintheir respectivefields.Allofthemhave astrongbackgroundofworking withBig4sandprestigiouslaw firmsformorethan10years.Their extraordinaryexposurecoupled withtheirexpertisehelpclients manoeuvrethroughthecomplex indirecttaxsysteminIndia.
Thefirmoperatesitscorporate officeinGurgaonandhave associateofficeinKolkatatocater tothedemandsoftheirgrowing clientsandtheirbusinesses.The specialmixoftalentedlegaland CAprofessionalsmakesthefirm realisetheircommitmentof minimisingtherisksoftheirclients aswellashelpthemachievetheir short-andlong-termgoals.Beinga reputedfirm,theteamatRSA Legalensuresthatthebestservices aredeliveredtotheclientstoassist themreachalogicalconclusion withfullsatisfactionandbuilding faithinthefirm.Thefirmrendersa completebouquetofservicestoits clientsincludingadvisory, litigation,compliance,due diligence,retainership,DGFT compliance,representationsbefore numerousforums/ministry, seminarsandconducting workshopsfortheclients.Their multidisciplinaryteamwithindepthknowledgeisoftensought afterbyleadingnationaland internationalorganisationsfor qualitativeandbusiness-critical advice,especiallyinmatters relatingtoclassificationunder customs,preferentialdutystructure
alongwithotherbigcompanies aroundthecountrywithinashort spanoftime.
RSALegalSolutionshas successfullyfoundaplaceinthelist ofFinalistfor“TaxLawFirmofthe Year2021”byAsianLegal Business(ALB)Awards.Thefirm recentlyfeaturedintheTop20 recommendedlawyersinIndiaby BusinessConnectmagazinein 2019-2020.RSAhasbeenchosenin top5finalistinthecategoryof "BestStart-uplawfirmoftheyear" awardbytheprestigiousIDEX LegalAwards.Also,thefirmwas awardedwiththe“Top10GST ConsultantsAward”bythefamous InsightSuccessMagazine.
Alongwiththis,thepartnersatRSA havealsoauthoredthefollowing books:
Commercials'Faceless AssessmentunderCustomsby S.C.JainandShwetaJain R.K.Jain'sForeignTrade PolicyandHandbookof Procedures26thEdition202122
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- Shweta Jain Guptaincaseofimportofgoodsetc.The teamatRSAdivesdeepintothe issuesandproblemsoftheclients' businessesandoffersthebestlegal advicesothatthebestoutcomeand targetedresultscanbeachieved.In keepingpacewithclients' requirements,thefirmremainsatthe forefrontofthelatestlegal developmentsandadvancements. Knowntoprovidethemostpractical andworkablesolutions,thefirmhas earnedaprominentclientelewhoare well-celebratedandreputedMNCs
Taxmann'sGSTLaw& Practice–ASection-wise CommentaryonGSTby ShwetaJain
R.K.Jain'sCustomsTariffof India74thEdition2022-23
Thefirmisalsoregularlyonthe forefrontofpublishingarticleson uniquetopicsusingvariousonline andprintmediaforthispurpose. Theirmonthlyupdatesarewidely regardedasabenchmarkandare keenlyobservedandfollowedby both,thelegalindustriesaswellas theirclients
ForContactvisit-http://www.rsalegalsolutions.com/
Shweta Jain Gupta AdvocateWe are constantly working towards paving the road ahead to achieve our goal of being recognised as the number one law rm in matters of indirect taxes
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legalmobile
Aappcanwork wondersforlaw firmsintermsof managingthe relationshipswiththeir clients,sendinglegal updates,providing remoteassistanceto clients,promotingown business,and advertising. Applicationsdesigned forlawyersenablelegal professionalstoswitch fromphysicalpresence inthelawofficeto remoteworkmode instantly
Amobile application gives a law firm a competitive edge. Managing client lawyer relationships becomes much easier, the main thing about apps is that they are user friendly and make it easier for the lawyer or law firm staff member to easily access data and information anywhere anytime. Also there is an added advantage of storage and suitable and innovative suggestions given by the app.They can also manage minimizing cost and accurately assessing costs and outcomes which is a double jackpot for law firms. Given below are some of the best mobile applications preferred by Law firms and Lawyers:
Clio is designed for all size firms Clio is a law practice management software that simplifies law firm management by centralizing everything onto an intuitive dashboard. On integrating your Dialpad phone system with Clio, you'll be able to automatically create communication records for all of your calls, from anywhere Clio will automatically make note of phone calls made in the Dialpad Desktop or on a mobile device via the Dialpad app Clio serves trial for free and otherwise charges $39 per user per month.The best features of Clio so far have been its app directory, organization of cases, creating custom workflows etc Practice Panther: PracticePanther has an intuitive interface and user friendly search functions which makes matter management and billing a piece of cake PracticePanther
is a law practice management software that specializes in case management, time tracking, billing, and automation. Its highlighting features include taking care of practice management, Billing invoices and calendaring etc. If in 30 days of trial you are not satisfied for any reason with its functions the entire amount is refunded to you without asking any questions PracticePanther also integrates with other helpful tools like MailChimp, Dropbox, Zapier and more, which can create efficiencies in your practice and improve your business development efforts.
Smokeball: Smokeball is legal case management software that combines productivity features with automated time tracking so that legal teams can increase their billing while nurturing client satisfaction at the same time. Smokeball makes it easier for law firms by providing its exclusive features i.e are automatic time tracking, legal document automation- so everything that you enter in smokeball including contacts parties, every detail — is used to automatically populate your firm's legal documents in seconds, legal form library, E filing and electronic signatures making it a holistic app for law firms and lawyers.
Google Docs: Google docs is the next preferred app by lawyers and law firms for their day to day editing and documentation.
Google Docs is an efficient
software providing options for editing and simultaneous participation of multiple parties.
Google Docs also provides templates making it easier for lawyers to type their content in a structured and organized format
The super feature of Google Docs is it provides the parties involved with access to the drafts at the stage of making amendments to the document, which means that choosing this free app will save tons of time and technology dollars.
Black's Law DictionaryThe 10th Edition: Black's Law Dictionary provides hyperlinks for related terms and definitions as well as bookmarking and audio pronunciations It has over 50,000 terms giving lawyers all the information they require at their fingertip. It has also been considered as the gold standard for the language of law. It is the most widely cited law book in the world Its best features include its compatibility with iOS and its general content updation and bug fixes Its promising feature is that this app won't let you face the embarrassment of running out of words ever again It takes care of the detailing and richness of content by providing relative vocabulary and its adept usage.
In conclusion, mobile apps have helped law firm lawyers save time, mental energy, and manage their staff all in one just at the drop of a hat by using these really useful apps
