Legal firms persistently work on delivering the clients with utmost expertise in legal matters. The legal system has transformed over the years and looks more reshaped than before. It has incorporated various measures like client-friendly approach, innovative mechanisms, creating awareness and sternly following the rules and regulations regarding legal issues. Integrating all these measures, the legal firms have gained a fruitful momentum of client satisfaction, sustaining long-term relationships and overall project success.
In an interview with Insights Success, K.P Sreejith, Managing Partner of INDIALAW gave some insightful answers highlighting the influences made by his firm, service offerings and how it became an eminent brand in the legal world and its future perceptions.
With over two decades of rich experience, K.P. Sreejith, is not only well acquainted with the legal landscape of Litigation & Arbitration, but also helping corporates to handle such matters with ease. He has founded the firm in the year 1998 and has led the team to successfully handle several civil and commercial litigations and arbitrations. By introducing various innovations in to law firm, Sreejith has instilled the best practices of the corporate world into IL.
- Kindly brief us about the company.ÂÂÂÂÂÂ
IndiaLaw LLP (IL) is a PAN India law firm, which provides a one-roof solution to people or organizations seeking legal support ranging from courtroom litigations to boardroom negotiations. Established in 1998 and headquartered in Mumbai, the firm has its presence in all major cities and state capitals in India, including 10 branch offices in the country and more than 150 lawyers and ten partners.
IL has a large client base including several major national and multinational corporates from divergent sectors like banking, finance, automobile, engineering, information technology, FMCG, retail, hospitality, oil and energy, telecom, infrastructure, realty, pharmacy, insurance and logistics among many others.
- Kindly brief us about other key areas of your services and products.
- Real Estate: IL has in depth expertise in conducting real estate transaction on a Pan-India basis. The firm’s presence in all major Indian cities makes it one of the preferred law firms in the country to conduct property transactions anywhere in India.IL offers comprehensive legal service in real estate sector ranging from large-scale real estate project development to acquisition of retail spaces anywhere in the country. The firm has skill and expertise in conducting title due diligence; drafting, executing and registering property related documents; structuring and documentation of real estate finance documents; obtaining government permissions and approvals etc. The Firm also handles several high stake property disputes. The firm advises realty companies, financiers, infrastructure developers, IT companies, hotels, etc. in their real estate requirements.
- Litigation & Arbitration: IL has successfully handled various high profile and complex litigations in the Supreme Court of India and High Courts. The firm also regularly represents its clients before various tribunals and subordinate courts. Il also a strong team experienced in handling complex arbitrations.
- Insolvency & Bankruptcy: IL is emerging as one of the most preferred law firms in handling insolvency and bankruptcy proceedings. The firm is handling many high-stake bankruptcy proceedings across various company law boards. IL has the added advantage of having offices in all cities with national company law tribunals. The firm offers comprehensive end-to-end legal services under the Code.
- Banking & Finance: IL advises several global and domestic banks and also represents non-banking finance companies, asset managers, funds, institutional lenders and corporate borrowers. We advise on banking & finance matters, corporate debt, syndicated loans, project finance, asset and trade finance, securitization, derivative transactions and structured finance, issues of rupee denominated bonds and debentures, foreign currency bonds, refinancing, etc.
- What challenges do you face in handling the complex working of the legal system?
The world is changing way faster than earlier it used to be. We can see changes in every aspects of our life. However, legal system is still stuck in the twentieth century. Our legal system is resistant to change. As a firm, we have changed over the years. We use state of the art technology to ensure efficient handling of matter. We employ dedicated Client Service Managers to each of its clients to ensure real-time communication and efficiency. However, ultimately we have faced the same old legal system.
- What is the key mantra behind running a successful law firm for over two decades?
Law is a constantly evolving subject. Constant evolution and adapting to changes is the key mantra of our success.
- Being a pioneer in the law industry what is your current stature and how do you look forward to maintain it?
We are experiencing phenomenal growth both in terms of client and revenue for the last five years. During this period, we have set up a strong system. We are well poised now and I expect us to grow much faster from here onwards.
- Having an association with various high quality brands what kind of relationship do you share with your clients?
The major achievement of IL is its diverse client list. From Fortune 500 companies to budding startups, pioneering entrepreneurs to aspiring business leaders, we treat each of the clients with equal attention. Our relationship often goes beyond lawyer-client relation; over a period of time we have become an extended wing of many of our clients.
- With technology available at the palm of our hand how do you incorporate it in your system and to what extent?
IL uses state-of-the-art technology to ensure efficient handling of matters and provides real-time updates to its clients with only a click of a button. We use ERP tailored for our needs. Our clients can also log in into our system from anywhere and know the exact status of their matter.
- What values contribute in the ethos of your company?
We believe in excellence combined with uncompromised integrity.
- What are your future perspectives?
We started as a small law firm in 1998. For the first one and half decade, we grew slowly but steadily. However, for the last five we had an exponential growth. Currently, we have ten offices in the country and ten partners. We have an adequate mix of both contentious and no-contentious lawyers. We expect to continue our growth in future.