Showing posts with label Draft n Craft. Show all posts
Showing posts with label Draft n Craft. Show all posts

Friday, March 25, 2022

Hello Start Ups : Contracts For An Organization Are Not Simply "Accessories" But "Necessaries"





This is an era of startups and entrepreneurs. Our prime minister Mr. Narendra Modi also has promoted the idea of starting your own business instead of running after jobs. This has not only opened up new avenues of income but has also reduced the anxiety of getting a job.

 

The new gen entrepreneurs are creative and capable enough to inculcate their ideas into business entities, but real challenge emerges when they deal with the external environment. Only having a creative idea and having capability of starting a business, are not sufficient ingredients for establishing the business for long run. In today’s cutthroat competitive environment, also knowing threats to the business should be a priority of startups, which most of them miss out somehow. It’ll not be wrong to say that a large number of startups are either suffering major financial losses or have reached at the verge of shut down in their premature stage for simply not being aware of the upcoming complications and not having a strong support system in place beforehand to protect themselves from those complications. 


Amongst many of the reasons “one” is completely ignoring the importance of signing of agreements, either the agreement has not been signed between the parties or the agreement has not been reviewed properly before signing. A small clause or sub clause or missing out a small clause or sub clause in the agreement can be a reason enough for a major setback. Needless to say that to avoid such possibilities the entrepreneurs need to have a legal team in place to support and protect the legal rights of their business, after all it takes numerous sleepless nights, tirelessly long working hours and lot of efforts to pull the business to a certain level.


Let’s accept the fact that regardless the size of your business, for nurturing it as an entrepreneur your focus must be on the core business activities and to deal with any unwelcome complication you must have your legal team in place beforehand. Practically also its not possible for an entrepreneur to know all laws or all legal remedies. Your legal team parallelly keeps an eye on and protects you from all possible external and internal business threats, and helps you minimize your losses.


To know what those areas and means are where your legal team extends its support and helps you, stay connected with us. 

 

upcoming articles:

Hello Startups : How your legal team protects legal rights of your business and helps you minimize the probable losses.


Hello Startups : What’s your best brand strategy of today !

 

Hello Startups : Deal smartly with unknown threats 

 

For personal enquiries/queries you may either DM us or may connect with us at connect@draftncraft.com



Author 
Surabhi Rastogi (Advocate)
Associate Partner- Draft n Craft Law Firm



Friday, December 17, 2021

Founder Partner Mr. Rakesh K. Sharma elected as CGC member, Legal Sector SEPC

#draftncraft #draftncraftlawfirm #draftncraftlegalprocessoutsourcing #dnc #legal #lawfirm #lawyer #lawfirms #supremecourt #india #export #delhi #servicesexportpromotioncouncil #sepc

 

Another feather added to the hat of Draft n Craft. 

Lately SERVICES EXPORT PROMOTION COUNCIL (SEPC) had undergone the election where Mr. Rakesh K. Sharma, was elected as the CGC Member- Legal Sector SEPC.

 

SEPC is an Export Promotion Council set by Ministry of Commerce & Industry, Government of India. It is an apex trade body which facilitates service exporters of India. As an advisory body it actively contributes to the formulation of policies of Government of India and acts as an interface between the Services Industry and the Government.

 

Mr. Sharma serves as a practicing lawyer at Supreme Court of India & High Court of Delhi. He is the Founding Partner of Draft and Craft Law Firm and the Founder of Draft n Craft Legal Outsourcing Pvt. Ltd.

 

Mr. Sharma says “I can see legal sector of India growing exponentially in next two years so as to match any international legal arena.”

 

Draft n Craft Law Firm is a premier full-service corporate law firm headquartered in New Delhi, India. Our focus is on providing strategic solutions to clients through distinctive, holistic approach legal expertise based on decades of experience of our professionals.

 

Draft n Craft is a premier legal outsourcing firm which offers its legal and paralegal support solutions to law firms, corporate and in-house legal departments throughout the United States. We do not measure our success by comparison, but by our achievements. The strength and openness in our relationship help our clients to maximize the benefits of outsourcing. We provide customized solutions to each of our clients.


#draftncraft #draftncraftlawfirm #draftncraftlegalprocessoutsourcing #dnc #legal #lawfirm #lawyer #lawfirms #supremecourt #india #export #delhi #servicesexportpromotioncouncil #sepc 



Draft n Craft Law Firm

www.draftncraft.com

 

Friday, April 1, 2016

Changing Roles and Increasing Importance of Legal Support Staff

Paralegals, legal assistants and legal secretaries are collectively known as legal support staff in law firms. They work very closely despite of having different roles and job responsibilities. Majority of the tasks performed by paralegals and legal assistants are billed to the clients by law firms whereas legal secretaries perform secretarial tasks which are not billable. In past, technological advancement has greatly affected the roles of legal support staff in law firms. Work efficiencies are improved which made law firms reduce the support staff. They shifted their focus to improve the attorney-paralegal/assistant ratio. Remaining support staff who used to assist one or two attorneys before, started assisting more and secretaries were involved in billable tasks thus improving the overall attorney-support staff ratio of the firm.

These support staff work directly with attorneys on a given case. They know ins and outs of the case. Attorneys look up to them for any case related update before client meetings. Still they perform number of tasks which can be managed by or outsourced to a specialized legal support company. Many of the law firms are working with companies like Draft n Craft which provide variety of legal support services to law firms. Now support staff do not get involved in researching and finding cases on Westlaw andLexisNexis, preparing case summaries, indexing thousands of discovery documents, preparing spreadsheets, summarizing depositions and drafting of various legal documents. They just coordinate with the legal team of Draft n Craft and supervise their work. This arrangement allows them to free up their time and focus on more substantive tasks. At the same time law firms enjoy a great deal of cost savings and improved overall efficiency that bring more satisfaction for clients.

Established in 2008, Draft n Craft has been in existence for more than 8 years and earned a reputation of being a quality provider of legal support to US law firms, In house legal departments and other legal vendors. Not only this, but the company keeps on spreading awareness about legal outsourcing and its benefits by organizing legal conferences and seminars at regular intervals.

For more information about services, turnaround time and rates, visit www.draftncraft.com or send an email at connect@draftncraft.com

Wednesday, March 30, 2016

How Important Is Legal Research in Your Practice?

Legal Research can be a complex and time-consuming process for attorneys and paralegals. A small negligence can cause major damage to the firm as the outcome of the research leads to legal decision making. The fundamental step in research is to find the appropriate cases governing the issues in question but the ability to analyze what is found and reach a conclusion based on it is also equally important. Usually legal research is known to take much time and effort, and access to online legal research databases such as LexisNexis and Westlaw can be costly. Consequently, law firms and other attorneys turn to companies like Draft n Craft to outsource their legal research needs.
Usually legal research is known to take much time and effort, and access to online legal research databases such as LexisNexis and Westlaw can be costly. Consequently, law firms and other attorneys turn to companies like Draft n Craft to outsource their legal research needs.

We, at Draft n Craft have a team of immensely talented attorneys who are trained on the U.S. judicial systems. Our dynamic team of attorneys and paralegals come from various backgrounds and share their rich experience in carrying effective legal research for our clients. They efficiently sift through data using the different research tools available with us likeLexisNexis. Following are some of the key highlights of our legal research service.
  • Proficient, precise, and comprehensive legal research for each of the different U.S. jurisdictions
  • IRAC (Issue, Rule, Application, and Conclusion) Memo with legal analysis of issues presented by the client’s set of facts
  • Annotated summary of Shephardized cases relevant to the client’s issue(s)
  • Conclusion advocating the clients’ legal position
  • Available instantly on demand, predictable and fully reviewable
  • Quick turnaround time
If you are interested in using our legal research service or have any query, please send us an email at connect@draftncraft.com . One of our experts will get back to you to understand and discuss your requirements.

Tuesday, November 20, 2012

“Everything must have a beginning”


Profits of the firms are going down whereas expenses are increasing with every passing day. Clients are becoming more demanding and the competition is getting intense like never before.

This has been a common scenario in the UK legal industry and it’s making it tough for the law firms especially small and mid size firms. There has been uncertainty, turmoil and a lot of speculations about the best way out under current circumstances.

Whenever there are talks about increasing profits, reducing inefficiencies and creating value for the clients, outsourcing is bound to draw a lot of attention towards it. All of a sudden, you’ll see reports coming out in number talking about outsourcing, forecasting its future, talking about its pitfalls etc.

You just cannot ignore the never ending debate on the issues like ethics, confidentiality, loss of control, patriotism and so on. But amidst all this, it’s the firms or organisations that are suffering as they are unable to decide whether they should go for it wholeheartedly.

Despite of so many examples of successful outsourcing, they always remain in doubt and even though they feel that this could be a way out for them, they remain cautious about it.

If you’re one of those firms or practises that want to consider outsourcing but are not able to decide, don’t just wait, call us for a free consultation with your queries, we’ll be happy to work this out for you.

Let’s work this out!!!

Tuesday, January 17, 2012

Draft n Craft Marks Its Fourth Year In to the Legal Process Outsourcing Industry

Draft and Craft Law Firm Pvt. Ltd, a cut-to-the-chase Legal Process Outsourcing (LPO) Company celebrated its 4th year of service to its clients on Monday, January 9, 2012. The company has proudly served a number of clients in the US and UK because of their reliability and exceptional services. Draft n Craft specializes in providing services like Deposition Summary, Contract Outsourcing, Legal Research, Legal Transcription, E-discovery and paralegal services.

Draft n Craft believes in making Global presence by sharing its knowledge and thoughts with the whole industry. It has been actively participating and partnering in international events such as the Global LPO Conferences and the Legaltech Conference.

Mr. Rakesh Sharma, the Managing Director and CEO of Draft n Craft, says "we are extremely glad of the hard work we have put in these four years, working united as a team to benefit our clients in the US and UK. We are pleased to have had the opportunity to help the law firms, corporates and solo practitioners in the legal and paralegal sector. We, at Draft n Craft have seen significant growth in each service area over these four years and they will continue to spread our wings across all continents in the years to come."

In the last four years, Draft n Craft has established itself as the complete solution vendor in India and also as the most agile group in the outsourcing sector.

Draft n Craft came in to play when there were just few names in the industry. While many LPOs came and vanished with no traces, Draft n Craft continued to do what it was best at delivering quality results. The industry is back to how it started in terms of the number of LPOs. It now consists of the big players who started of big and continue to stand where they were and some like Draft n Craft who have moved inch by inch to come to the position at which it is now.

A bittersweet journey with bumps on the road, Draft n Craft has managed to achieve its goals and its clear, Draft n Craft, is here to STAY!!

Monday, December 5, 2011

All about the Color YELLOW for the Attorneys & Law Firms

We all love celebrating our festivals with much hoopla. The colors, gaiety and joy look irresistible during the festival season.

Festivals are a way to give our mind and body a change from the otherwise mundane life. It seems impossible to not to get be-dazzled by the little joys which such festivals flag on.

At Draft and Craft Law Firm Pvt. Ltd. the festivity has kicked off really well and the “Festival Blast” is in full swing.

Last week, we colored the whole Draft n Craft GREEN. Huge discounts and offers were given on services like document review, deposition summarization, contract outsourcing solutions, legal transcription and paralegal services.

By giving plethora of discounts and bargains we thrived in making the attorneys and the law firms believe that the grass is greener on their side rather than on the other side. The Green week came to an end with a much Talkabout “Green-A-Thon”. We at Draft n Craft turned down the power on November 30, 2011 for thirty minutes to show our gratitude to none other than “the mighty Nature”.

Festivals are definitely a way to celebrate life and also, a way to get the brain to release more endorphins. Keeping this in mind, Draft n Craft announces one more week of happiness. The color of celebration this week is YELLOW. We are giving MORE discounts, MORE offers and MORE bargains on our services like document review, deposition summarization, contract outsourcing solutions, legal transcription and paralegal services. Not only this, continuing with the series of Webinars, this week it’s all about “Festival: Repercussions on Law Firms” on December 7, 2011.

Hence, DON’T THINK!!! Just avail the discounts before it’s too late and you wait restlessly for another year.

Green a Thon at Draft N Craft We have Done Our Bit Now Its Your Turn

‘The grass would be greener on your side’” is how Draft n Craft celebrated the Green Week.The firm went Green with the sole motto to offer something amazing to attorneys this festival season.

The festival blast has just not been restricted to good deals and offers. It is about celebrations while keeping the spirit of work alive.

Draft n Craft celebrated Green-A-Thon the whole of last week. Draft n Craft walked an extra mile to pay its gratitude to the mighty nature by turning off the power for 30 minutes. The employees at Draft n Craft even planted trees to celebrate the green-a-thon week.

Festival Blast is here to help attorneys live their festivities to the fullest. Draft n Craft is taking care of the attorney workload and giving special offers without compromising on the quality of the work. Each week is dedicated to a color and the next color to be celebrated is YELLOW, the color of success.

Thursday, November 10, 2011

Upcoming Webinar: “Festivity: A Boon or a Bane for Productivity?”

If you are a Law Firm, Solo Practitioner or an In House Council thinking ‘what it takes to increase the productivity and efficiency of your firm even during the festival season?’ Here's the golden chance for all of those who want to explore it further. Draft n Craft is hosting a free webinar “Festivity: A Boon or Bane for Productivity?” on Thursday November 17th 2011 at 11:00 AM Eastern Time.

This webinar will give you a lot of tips that will help you to achieve the maximum output with regard to productivity and efficiency. So don't just wait, as progress is a process and we will take you through that process in this webinar. Register ASAP!

Click here to get registered. Registrations open for first 100 registrants only.


About Draft n Craft

Established in 2008, Draft n Craft is a cut to the chase Legal Process Outsourcing Company with strong and dedicated work force of professionals. Having established a brilliant track record, Draft n Craft has been partners of growth to many of the law firms and corporations in the UK and US. Draft n Craft’s supreme focus has always been on helping lawyers deliver the best value to their clients by working on process and technology optimization, and by devising ways to rationalize client’s operational spending.

Friday, October 28, 2011

A Festival Blast for attorneys

To begin the festive season, Draft n Craft announces the Festival Blast – with special offers on all its services throughout the festive season from October 25, 2011 to January 15, 2012.

This festival offer comes at a time when most attorneys in the United Kingdom and United States are getting ready for the festive season to kick off. This time of the year comes with a package deal of excess workload and backlogs. With the limited number of working days and less staff, it is a tedious task for the attorneys to keep things organized.

A legal process outsourcing company established in 2008, Draft n Craft has been always given its bit to the legal industry. “After having received appreciation by many attorneys for the help provided by us during the festival period last year, we felt the need to continue with the tradition we started and go all out to join hands with attorneys to help them enjoy to the fullest the festive season without having to worry about the work”, said Rakesh K Sharma, Chief Executive Officer of Draft n Craft. The festival offer will be full of special offers and discounted pricing on all the services being offered by Draft n Craft. It is estimated that on particular days the offers will be unimaginable.

By offering high quality legal and paralegal services to law firms and corporates in US and UK, LPO companies in India have stood by the law firms to ease the burden of monotonous and repetitive work. Be it services like Document Review, preparing Deposition Summaries, reviewing contracts, Legal Transcription or even paralegal services, LPO companies such as Draft n Craft have joined shoulders with their clients by working efficiently and cost effectively. Infact, Draft n Craft is going a step further by offering special discounts during the festival season to enjoy the festivity to its peak.

About Draft n Craft

Established in 2008, Draft n Craft is a cut to the chase Legal Process Outsourcing Company with strong and dedicated work force of professionals. Having established a brilliant track record, Draft n Craft has been partners of growth to many of the law firms and corporations in the UK and US. Draft n Craft’s supreme focus has always been on helping lawyers deliver the best value to their clients by working on process and technology optimization, and by devising ways to rationalize client’s operational spending.

Friday, October 8, 2010

Draft And Craft Law Firm - Legal Transcription Festival

The changing times has made law firms and corporations aware of the importance and need of legal transcription. Understanding this increasing demand of reliable legal transcription, Draft n Craft has constantly endeavored to provide the best.
From legal to business transcription, Draft n Craft has time and again proved its brilliance in the field.
After working with over 25 clients and the successful delivery of more than 15,000 files in the last 2 years, Draft n Craft is celebrating its 2nd anniversary for excellence in legal transcription services from 11th October - 15th October 2010.

Rakesh K Sharma, Draft n Craft's Chief Executive, said: "Achieving this milestone only reflects the quality of service and the high level of customer satisfaction that we provide. I am overwhelmed with the response received by our clients."

As Draft n Craft achieves this high point, their employees celebrate a week long festivity to mark its success in the field and their contribution in achieving it.

About Draft n Craft

Established in 2008, Draft n Craft is a cut to the chase Legal Process Outsourcing Company with strong and dedicated work force of professionals. Having established a brilliant track record, Draft n Craft has been partners of growth to many of the law firms and corporations in the UK and US. Draft n Craft's supreme focus has always been on helping lawyers deliver the best value to their clients by working on process and technology optimization, and by devising ways to rationalize client's operational spending.

For enquiries, email at info ( @ ) draftncraft dot com dot

Visit us at http://www.draftncraft.com.

Monday, January 18, 2010

Draft n Craft launches AptCaptive™: Level 2.0 of Legal Process Outsourcing

So much is talked about Legal Process Outsourcing (LPO) that we barely find any law-firm and corporation incognizant to the concept and its benefits. Despite this, there is reluctance towards outsourcing in general and offshore outsourcing in particular.

Traditionally, there are two popular modules of outsourcing the legal processes: first through Third Party Service Providers/Vendors (TPSP’s) and/or second by owning one’s Captive Unit in offshore locations. Though both are popular but one cannot rule out the risks and impediments associated with either.

 Perceptions on outsourcing legal work to vendors (TPSP’s)

Perceptions favoring:

1. No huge capital investments required.
2. Customized solutions.
3. Competitive pricing.
4. Flexibility to scale up and down business relationship.
5. Retains decision-making, therefore relationship with TPSP is clear (fee-based, quality-based).
6. As it is a contract based mutual agreement thereby there is more business commitment.
7. Ability to focus on core business issues.
8. No compromise in quality at cost effective rates.
9. Better process maturity, resource flexibility and economies of scale.
10. Flexibility in deploying new technology.
11. No requirement to hire additional personnel.
12. No legal or statutory compliance issues to set up a new unit.

Perceptions discouraging:
1. Risk of Confidentiality being at stake.
2. Risk of possible drop in quality standards.
3. Absence of processes to monitor metrics and possible timely intervention when issues are escalated.
4. Tight business margins.

 Perceptions on owning a Captive unitPerceptions favoring:

1. Maintenance of in-house confidentiality & quality.
2. Management and retention of control over risk profile, especially for critical business areas.
3. Development for global delivery models with centralized and standardized processes.
4. All investments made on people and infrastructure is completely retained.
5. Better control over processes, time lines & enhanced quality of operations.
6. Alignment of offshore initiatives with their culture & values.
7. Creation of robust technology infrastructure for greater efficiency and scalability of operations.

Perceptions discouraging:

1. Huge Capital Investments.
2. Recurring Costs.
3. Hassles of incorporating the captive unit offshore like India.
4. Exit impossible without incurring high costs.
5. Compulsion to keep absolute control over processes.
6. Legal Requirements to set-up captive unit, say in India:
i. Incorporation of the Company as a legal entity.
ii. Local registrations.
iii. Bank Accounts.
iv. Appointment of Company Secretaries & Auditors.
v RBI/Government Approvals.
vi. Ensuring legal and statutory compliances.
vii. Local taxation issues.
7. Human Resources requirements of captive center
i. Staffing .
ii. Training & Talent management.
iii. Hiring of Core Team.
iv. Employee retention.
8. Facilities & Infrastructure
i. Vendor Management & Negotiations.
ii. Hardware & Software Procurement Systems.
iii. Communications & Network Integrations.
iv. Acquisition and operationalizing of facilities.

With the aim to revolutionize the LPO paradigm, Draft n Craft has devised the “apt solution” destined to enrich legal outsourcing experience throughout the industry.



“The AptCaptive™ is an advanced Legal Off shoring model tailored and run as per client’s requirements by Draft n Craft, retaining all in-house benefits at reduced costs.”

For a long time, a desire was felt throughout the industry to transcend to new levels of Legal Process Outsourcing. Without doubt the AptCaptive™ is at present the lex epitome of the legal outsourcing industry. The module however is so ambitious that, in its initial stages Draft n Craft will be offering this to only a limited selected group of companies and law firms.

For any trade enquiries, contact info@draftncraft.com.