Ms. Debolina Partap

Dear Friends,

A very Happy and Prosperous New Year to all of you. Let us all leap in the year 2020 but definitely look before the leap as well.

A year that was …2019 filled with new beginnings in the legal field with epoch-making judgments and harbinging enactments. The legal industry is a field that many people find extremely appealing. Law is also an area that impacts many people’s lives in a highly direct way. 2020 would see globally, new possibilities and opportunities in the legal world and to name a few;

Electronic Discovery

Legal procedures can be highly complicated. It’s no wonder that efforts are in place to help streamline this process and make it easier. New technological processes and AI have impacted all areas of the law and will continue to do so this year. The industry is now over two billion. It’s only expected to continue to see increased revenues this year and going forward.

Global Legal Markets

The legal field is not only local. It’s also an industry with a great deal of growth in other parts of the world. Globalization is likely to impact many decisions that lawyers make as they decide which areas of the law are most important. The global legal services markets will be over 5.7 billion and expected to continue to see growth in the future. Given how huge this section of the market remains, it is not surprising that law firms are looking for ways to expand directly into this field.

Legal Process Outsourcing

Lawyers everywhere are looking for ways they make all legal processes more efficient and make sure all lawyers on staff can get things done. Efficient help comes in many forms. One way that is seeing increased use in the new year is with the help of a process that is being called legal process outsourcing. This process means breaking down varied areas of law and thinking best on how to reduce all kinds of related expenses. The use of this kind of legal help means having much lower costs in many areas of law practice. Experts expect to see this industry see revenues of over thirty-five billion.

Mergers and Acquisition

Business law remains driven by many factors. One such factor is that of companies that are engaged in the process of mergers and acquisitions. This form of business requires a great deal of legal attention in order for everything to be done right. This sector of the economy is anticipated to bring nearly fifty-five billion as it has in previous years. Law firms everywhere are poised to take advantage of these stats with innovative solutions that all firms need as they make sure that this process is completed in

Back in India corporates have never seen more exciting times as before. They are achieving the highest level of compliance in the legal system. The new laws of the country make the corporates realize that ….it is either do or die. While many are facing teething problems to adjust in these big changes and challenges, some have withered away. But the lawyers don’t flinch…continuously supporting their in house and external clients to tide over the cyclonic pressures of the country’s legal regime. The legal taste buds have been not so savory in the spaces of IBC, CAA, Right to Privacy, etc.

Amidst all this, Lex Witness brings you yet another ever engaging The 8th Annual Grand Masters 2020, Mumbai Edition scheduled for 14th Feb 2020 at Four Seasons, where the legal brains, best ever will get together and thrash out the real Big Challenges the corporates and the country face in the midst of disruptive chaos.

Let us come together and brain it out.

Yours Sincerely,

Debolina Partap,
Group General Counsel,
Wockhardt Group
Summit Chair – The Grand Masters 2020, Mumbai Edition