Practical compliance management for driving business growth.
New Delhi, February 17, 2017. LexisNexis® India (www.lexisnexis.co.in), a leading provider of content and technology solutions, and Legasis Services Private Limited, a provider of integrated legal and information technology solutions specializing in the compliance domain for corporates, announced the launch of Enterprise Compliance Management Module for Ecommerce, Pharmaceuticals and IT/ITES in its Lexis® Practical Guidance portfolio. Lexis® Practical Guidance’s Enterprise Compliance Management module is an incredible risk and compliance toolkit designed to help legal professionals in different industries. With clear, concise notes written by leading experts in compliance, spelling out exactly what needs to be done in practical terms, the module provides all sorts of forms, checklists, policies, registers, templates and examples that are required by any legal professional to do compliance right and always in line with the latest changes in the law and the marketplace.
During the announcement, Mr. Mohan Ramaswamy, Managing Director, LexisNexis® India-South Asia said, “We are proud of our association with Legasis and are confident that our association will enable our respective customers to experience superior value with some of the best and authentic content-driven solutions developed by each of us. Our partnership with Legasis concurs well for our customers’ growing need for practical and insightful solutions. Our new workflow based solution – Lexis® Practical Guidance provides procedural know-how from expert authors and leading law firms on various areas of law. This is just the beginning and we aspire to bring more significant value to our respective customers in the times to come as we broaden and expand the scope of our association with Legasis.”
Mr. Suhas Tuljapurkar, Founder Director, Legasis Services Private Limited and Managing Partner, Legasis Partners, said, “We are extremely proud of our association with LexisNexis® and the contribution to Lexis® Practical Guidance as the exclusive contributor for the content on compliance is just the beginning of a fruitful long-term association. As a leader in the compliance management space in India, it was a natural extension for us to collaborate with LexisNexis®for Lexis® Practical Guidance. I am sure all the compliance professionals in the corporate sector would find Lexis® Practical Guidance ECM modules extremely useful from an easy-to-use and practicality perspective. The compliance function in India is now finally coming on its own and requires firms, companies and organizations like LexisNexis® and Legasis to provide the necessary knowledge and expertise to deal with a dynamic and complex legal and regulatory regime.”
Mr. Vikesh Dhyani, Director Marketing & Innovation, LexisNexis India-South Asia, said, “India is witnessing an explosive growth in E-commerce start-ups and the pace is likely to accelerate further with the government initiatives like Digital India and Start-up India. As E-commerce ventures attempt to establish, grow and scale-up their operations, they require industry-specific legal/procedural knowledge to ensure compliance, thereby maintaining trust and confidence of their investors and shareholders. Regulators and enforcement agencies have enhanced their monitoring and scrutiny and instances of non-compliance have often impacted both reputation and market valuation of companies in the past. Legal counsels and advisors today are under tremendous pressure to keep pace with the rapidly evolving legislation and compliance needs. Lexis® Practical Guidance content provides them with practical information on ‘what to do’ and ‘how to do’ it. Dynamic, regularly updated content authored by eminent legal experts and offered on our user-friendly global technology platform makes Lexis® Practical Guidance a must-have solution for E-commerce companies and startups, venture capitalists and investors with interests in India, to ensure that they do not face any compliance violations issues and hence can continue to focus on building a stronger business and sustainable shareholder value.”
Mr. Shreesh Chandra, Senior Director, Content Creation & Acquisition, LexisNexis India-South Asia, and Ms. Preeti Arora, Associate Director, Practical Guidance, said, “Enterprise Compliance Management is a module focused on industry-specific and state-specific compliances. The module is designed to provide the industry-specific knowledge and procedures on licensing and registration requirements and compliances specified for each of the industry, foreign direct investment, intellectual property aspects, etc. In addition to industry-specific compliances, which spread over from the registrations to ongoing compliances applicable to an industry, it covers the state-specific legislations that are required to be complied with under different segments of law like labor and employment, municipal laws and environment and health. There are hundreds of laws around compliances across industries in India and it is difficult to get all the laws with relevant details in one place. In this module, compliance requirements for more than 500 laws along with more than 1000 forms have been provided.”
Mr. Apurv Sardeshmukh, Partner, Legasis Partners, said, “Legasis is a leader in the compliance management space and is proud to collaborate with LexisNexis®on Lexis® Practical Guidance. The modules have been prepared keeping in mind the issues faced by legal professionals when striving to comply with the applicable laws in India. We hope that Lexis® Practical Guidance modules will be beneficial to legal professionals associated with various businesses in the country.”
More information about Lexis® Practice Guidance is available at https://www.lexispracticalguidance.in/enterprise-compliance-management.php
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LexisNexis® Legal & Professional (http://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.
Legasis, which stands for Legal System and Integrated Solutions, is supported by Legasis Partners, an Indian multi-practice law firm. Founded in 2006, Legasis’ business differentiation is predicated through a ‘Fusion of Lawyering and Information Technology’. Having pioneered the extensive use of knowledge and technology to deliver customized solutions like Legatrix, LIPS, Roznama, and CARRAR, ‘Legatrix’ covers all industry verticals and compliance under all laws and its client coverage represents over 10% of market capitalization and over 20% of installed power capacity in India. Legasis is the acknowledged leader in Compliance & Ethics, Litigation Management, Intellectual Property and other legal support solutions in India. It also provides services in Counter Fraud, Company Secretarial and hosts the annual Compliance Awards in India under a banner ‘Compliance 10/10’. Through its team of over 150 dedicated legal experts, Legasis has emerged as specialized business enterprise and a niche player supporting requirements of over 500 clients.
Director Marketing, Customer Discovery & Innovation
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