It's smart guidance for the real lawyer. Lexis® Practical Guidance is a brand new workflow-based online solution for legal practitioners. Designed by practice areas, the various modules provide access to a broad collection of Practice/Guidance Notes authored by Industry Experts along with Commentaries, Forms and Precedents, Templates, Checklists, Cases and Legislation across the topics that you need to successfully deal with any legal matter.
3. What is Lexis practical Guidance?
It's smart guidance for the real lawyer. Lexis®
Practical Guidance is a brand new workflow-based
online solution for legal practitioners. Designed by
practice areas, the various modules provide access
to a broad collection of Practice/Guidance Notes
authored by Industry Experts along with
Commentaries, Forms and Precedents, Templates,
Checklists, Cases and Legislation across the topics
that you need to successfully deal with any legal
matter.
4. According to legal process dynamics
Research
According to research 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.
5. Benefits of Lexis practical guidance
1. Dynamic and Intuitive Search Ability
2. Instant Guidance
3. Extensive & Authoritative Content
4. Stay Ahead
5. Faster Delegation and Training
6. User-Friendly Interface
7. Stay Current
8. Time & Money Saving
6. Lexis Practical Guidance Product
Features
Practice Notes
Practice notes provide guidance and
in‐depth practical commentary on key
issues. Step-by-step guidance to handle the
client matters across a wide range of
transactions Links to cases, legislations and
commentaries with regular update on legal
developments and business matters.
7. Precedents and Clauses/Alternative
Clauses
Precedents are template agreements and
clauses that are specifically written by expert
authors for Practical Guidance for drafting
agreements suited for specific business
situations. Provide regular updates on legal
developments and market practices to ensure
comprehensiveness, accuracy and timeliness
8. Forms
The Forms are easy links directly to prescribed
court forms that minimize the amount of
keying, rekeying and calculating you need to
do.
Third Party Links
Third Party Links are external links to guidance
notes, forms, and other documents, websites
or resources relevant to use.
9. Drafting Notes
Drafting Notes provide in-depth explanation
behind a clause and its correlation with other
relevant clauses. Highlights common pitfalls to
watch out for provide links to specific
supporting cases and legislation
Checklists and Flowcharts
Checklists walk you through a matter so you
never miss a step when completing procedural
work. Easy-to-read point-form guidance of legal
processes Visual explanations of complex legal
procedures
10. An Advanced Online Platform
Lexis practical guidance has brought an advanced
online platform that enables professionals 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. In a situation whether you are a law
firm, or in 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 economic conditions, It is the best
solution to drive efficiencies, bring a more strategic
approach to risk management and most importantly
achieve a value-based cost structure.