The document discusses the evolution of the Indian legal industry, emphasizing the role of legal consultancy in navigating legal risks across various domains, including corporate and human resources. It highlights the growing demand for legal consultants among employers and employees for advice on labor laws and risk mitigation. Additionally, it outlines the broad spectrum of services offered by legal consultants, from client development strategies to regulatory compliance and dispute resolution.

1. THE
IMPORTANCE
OF LEGAL
CONSULTANCY
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2. Today's most eventful era in the evolution of the
Indian legal industry. The market is in transition,
driven by new business opportunities, the
proliferation of smaller law firms, the expansion
of LPO alternatives, and the impending entry of
foreign law firms.
The legal advice lawyer assists you in managing
and identifying legal risk, whether it is personal,
professional, corporate, human resources, or
labor-related.

3. In today’s economy, we consider both
commercial and employee satisfaction and
security. The advocates and legal consultants
accomplish this by identifying risks and
providing mitigation.
The employee desires to be protected in the
workplace. The increased awareness of
professional security has led both the
employer and the employee to seek the
advice of a legal consultant who can inform
them of the legal risks associated with HR,
harassment, labour law and policies, and so
on.

4. As you can see, the legal profession has evolved
beyond the stereotype of the old-fashioned litigator
and is no longer confined to courtrooms.
It has made a significant impact on the corporate
world, serving as an advisor in all aspects —
professional and personal.
To be successful, legal consultants must provide
excellent client service while also marketing to new
clients and managing their staff and finances.

5. Today, large multinational corporations operating in
India require legal consultancy services to advise
them on ancillary services such as investment
advice, consulting services, and venture capital,
among others.
This has pushed lawyers away from traditional legal
practices and toward becoming professionals who
provide these core competency services.

6. As a result, a Legal Consultant provides a wide
range of legal expertise ranging from improving
organisations’ profitability and efficiency, advising
solutions for client development strategies,
marketing, and productivity, consulting on legal
and programme issues
to actively manage risks, analysing problems and
developing solutions for meeting company
objectives, reviewing, drafting, and negotiating
legal documents, performing legal research, and
analysing qualified retirement plans, insurance,
and other benefits.

7. drafting regulatory filings with insurance regulators or
the SEC, reviewing and filing prospectuses, budgeting
personnel, record hold orders and retention policies,
covenant certification processes, legal inventory,
knowledge management, and business continuity,
monitoring legal and regulatory developments,
and analysing legally with required execution Legal
consultants of today specialise in the design of equity and
loan instruments, the drafting of infrastructure and
power contracts, the drafting of project finance contracts,
and the completion of transnational investments, joint
ventures, and technology transfer contracts.

8. We provide extended Legal services which includes
Dispute Resolution, Company Laws, Banking & Finance,
NRI legal services, Immigration Laws, Litigation, White
Collar Crimes / Financial Frauds, Criminal Offences,
Divorce and Family Laws, Civil Laws, Arbitration &
Mediation, Real Estate, Corporate Merger &
acquisitions.
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