Legal Write Ups

Automation is trending and it has immense future potential to grow in spite of its usage concerns are debatable. Automation is everywhere and anywhere in this digital era we live in.    Automation is constantly used and progression is vital across the industries and global phenomenon.   Improvising the processes, automation of processes and automating documentations are undoubtedly need of the hour and legal realm is not an expectation. Legal tech industry is trending and buzzword, use of artificial intelligence (AI), contract management tools, blockchain technology advancement and propaganda for imbibing the legal design techniques are more prevalent in the Continue Reading

How to make legal services, legal operations, legal contents and overall legal system better? Legal design is one of ways to create and transform the better legal system.  As it puts to innovative, testing and experimental mode to unleash accessibility and ease of understanding to the legal principles.   Leveraging   of the legal design in the areas of legal Services, legal operations, legal content and legal system helps for optimal reaps.  Let’s explore which are the areas to which design thinking can be applied in the legal realm? Legal Awareness Sessions & Trainings:  Legal design is power tool to the Continue Reading

Legal designis becoming buzzword in the legal realm. Designed legal processes and legal products helps to prevent or solve legal problems. By providing simplified, systematic, replicable, solid and extendable legal solutions.  Aid of design thinking to the legal sphere in the implementation of usually complex legal principles are loaded with enormous benefits helps to build client centric service, by paving way to make legal services more accessible, simplified and most importantly experimental. Design thinking can be applied in various legal service processes like legal advice, legal awareness, drafting contracts and for better negotiations.Thereby it can be said that contract is Continue Reading

Technological invention and innovations are outreaching the each and every sphere of our lives.  Use of tech aids and tech tools in realm of legal services is not novel but larger potential is yet tap. Legal professional’s propensity of risk free perspective makes slow absorption and adoption of invention and innovation. Does this approach needs change or not is debatable? Let’s explore what is design thinking? it means systematic approach to solve problem in an inventive or innovative way. In other terms creative solutions for problem is design thinking which ultimately helps in effective, swept and economically viable.   Why Continue Reading

Increased remote working pattern due to COVID – 19 pandemic in providing the legal services has surged the dynamics of legal tech. Usage of tech tools and tech aids by legal professionals gaining momentum but comes with host challenges to adopt in day in day legal services Let’s explore top five issues in adoption of legal tech:   Featured Text Your Title Your description text Trusting the tech aids and tech tools and investing time and money to learn and deploy the same from to time by busy legal professionals is initial hurdle.     With passing this initial hurdle Continue Reading

Its well-known starting business is challenging and multi-tasking. Having a solid business idea is base but requires to address and attend enormous aspects flowing from that business idea to kick off a new business.  Checking for legality of the business in the  initial phase of business from the ideation stage itself is vital.   First and foremost, is to check whether the proposed business is not against the law of land.   Any business which is opposed or against the law of land is illegal. Example of illegal businesses are illegal wildlife trade, counterfeiting, human trafficking, drug trafficking and list Continue Reading

Due diligence before any commercial transaction shows the business prudence and helps in multiple ways. Similarly, before singing any agreement, it is elementary and vital to protect the business as well as reduce the risks.How to reduce the risks and one of the ways is review and revisions of the Agreement.     What Is Agreement Review?   Agreement review means the process of thoroughly examining and understanding the terms and conditions of the proposed agreement prior signing to decide whether agree or not particular term/s. It is also known as redlining. Why Agreement Be Reviewed?   It gives opportunity Continue Reading

Read Carefully: Read each word in the agreement and take time to understand all the terms in the contract. Entire Agreement needs to read and understood before signing.   Negotiate: It is essential to negotiate the terms which you feel are one sided or you don’t want to accept.  Mutually acceptable needs to be part of the Agreement and non-consensuses terms shall be negotiated   No Blank Space:  Prior signing make sure no space left in any portion of contract and make sure nothing can be altered in the contract after signing.   Cross Verify:  Check whether the negotiated terms Continue Reading

It’s not uncommon leaving the start-up or business by founder or co-founder due different reasons. Departing of the founder or co-founder may adversary impact the organisation unless required steps are taken while forming business.   Ways to Ease Co -Founder Exit Smooth:  Planning early and adopting few precautionary measures are helpful to ease the process of founder exit smooth and also helps in reducing the adverse impact on the business.   The below are the some of the common measures to plan and follow for smooth exit Execution of Founders Agreement: This agreement serves several purposes and one among them Continue Reading

Using standard contract templates in a business on day today  basis for the similar types of the business transaction is common. Templates helps in saving the time and money but comes with associated risks and repercussions which are better to be know  prior use and take steps to reduce and avoid the risks. Below are some of the illustrative risks associated with use of contract templates.   I) Risk: Template usually lacks holistic approach and understanding of business transaction thereby carries more risk than specifically drafted agreements. *How to Reduce Risk while using Contract Template Use the template only after required Continue Reading