8 Benefits of Lexis Practical Guidance - PowerPoint PPT Presentation

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8 Benefits of Lexis Practical Guidance

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A smart guidance for the real lawyer. Lexis® Practical Guidance is a brand new workflow-based online solution for legal practitioners – PowerPoint PPT presentation

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Title: 8 Benefits of Lexis Practical Guidance


1
Welcome
WELCOME

2
Lexis Practical Guidance
  • A brand new workflow-based online solution for
    legal practitioners

3
What is Lexis practical Guidance?
  • It's smart guidance for the real lawyer.
    Lexis Practical Guidance is a brand new
    workflow-based online solution for legal
    practitioners. Designed by practice areas, the
    various modules provide access to a broad
    collection of Practice/Guidance Notes authored by
    Industry Experts along with Commentaries, Forms
    and Precedents, Templates, Checklists, Cases and
    Legislation across the topics that you need to
    successfully deal with any legal matter.

4
According to legal process dynamics Research
  • According to research more than 40 of the
    time of in-house counsels and partners is spent
    on drafting, conveyance and legal research,
    leaving them less time for business development
    or discovering new opportunities in unfamiliar
    areas of law. Moreover, non-availability of
    trusted legal updates makes the research process
    more time and labour-consuming. No doubt, about
    85-90 of the corporate lawyers see technology
    tools as key efficiency drivers.

5
Benefits of Lexis practical guidance
  • 1. Dynamic and Intuitive Search Ability
  • 2. Instant Guidance
  • 3. Extensive Authoritative Content
  • 4. Stay Ahead
  • 5. Faster Delegation and Training
  • 6. User-Friendly Interface
  • 7. Stay Current
  • 8. Time Money Saving

6
Lexis Practical Guidance Product Features
  • Practice Notes
  • Practice notes provide guidance and in-depth
    practical commentary on key issues. Step-by-step
    guidance to handle the client matters across a
    wide range of transactions Links to cases,
    legislations and commentaries with regular update
    on legal developments and business matters.

7
Precedents and Clauses/Alternative Clauses
  • Precedents are template agreements and clauses
    that are specifically written by expert authors
    for Practical Guidance for drafting agreements
    suited for specific business situations. Provide
    regular updates on legal developments and market
    practices to ensure comprehensiveness, accuracy
    and timeliness

8
Forms
  • The Forms are easy links directly to prescribed
    court forms that minimize the amount of keying,
    rekeying and calculating you need to do.
  • Third Party Links
  • Third Party Links are external links to
    guidance notes, forms, and other documents,
    websites or resources relevant to use.

9
Drafting Notes
  • Drafting Notes provide in-depth explanation
    behind a clause and its correlation with other
    relevant clauses. Highlights common pitfalls to
    watch out for provide links to specific
    supporting cases and legislation
  • Checklists and Flowcharts
  • Checklists walk you through a matter so you
    never miss a step when completing procedural
    work. Easy-to-read point-form guidance of legal
    processes Visual explanations of complex legal
    procedures

10
An Advanced Online Platform
  • Lexis practical guidance has brought an
    advanced online platform that enables
    professionals to seamlessly navigate from case
    law to commentaries and legislations, thereby
    examining a point of law in a holistic fashion
    and giving a pragmatic view of the matter at
    hand. In a situation whether you are a law firm,
    or in a corporate counsel, a solo practitioner or
    a start-up, struggling with competition driven by
    new players and offerings from alternative legal
    services, together with economic conditions, It
    is the best solution to drive efficiencies, bring
    a more strategic approach to risk management and
    most importantly achieve a value-based cost
    structure.

11
THANK YOU
  • Thank You
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