Indian law firm M.V. Kini and specialist international legal services provider NewGalexy Partners have launched a joint venture, NewGalexy Legal Process Outsourcing Pvt Ltd. to exclusively focus on international (non-Indian) legal work..Indian law firm M.V. Kini and specialist international legal services provider NewGalexy Partners have launched a joint venture, NewGalexy Legal Process Outsourcing Pvt Ltd. to exclusively focus on international (non-Indian) legal work..NewGalexy Partners has lawyers both in the UK and India and has invested in the development of niche expertise in legal work relating to international infrastructure businesses and to other business sectors..According to the press release, initially, the joint venture will focus on legal work which relates to international infrastructure projects outside India, legal due diligence and international commercial transactions outside India. The joint venture will complement the existing businesses of NewGalexy and Kini, and both parties will contribute resources and expertise to it. This is a refreshing example of an Indian law firm taking the expertise which it has been offering to its national clients and moving to offer that expertise in the international arena in conjunction with established specialist legal services provider..Commenting on the new joint venture, Ravi Kini, the Joint Managing Attorney of M.V. Kini in a statement said, “We are excited by the prospect of our lawyers expanding their skills and experience to work on projects and transactions outside India. By establishing this joint venture with NewGalexy, we gain access to their experienced team – both in India and in the UK – and access to the processes and methodologies which they have successfully developed and utilise in this area. Some of our lawyers have already begun training with NewGalexy and we envisage the joint venture winning work from new clients in the near future”..Speaking to Bar & Bench on the Joint Venture Sarvarth Misra, the Director of NewGalexy who leads its infrastructure legal and risk management practice said, “NewGalexy carries out high end, often complex legal outsourcing work and therefore it is important for us to use experienced transactional lawyers who are able to provide legal services to the same quality and professionalism clients expect from international law firms. The JV with MV Kini will allow NewGalexy to have access to such experienced transactional lawyers with specialised industry expertise. Together, we will be able to provide a unique, competitive and one of its kinds legal outsourcing offering to the European, American and Australasian legal markets. The JV will focus exclusively on non-Indian legal work”..Talking about the Indian LPO market, Misra added, “The Legal Outsourcing market in India has matured over the past two years but there are still substantial growth opportunities. The industry is going through a consolidation stage with many service providers looking at the onshore-offshore service model something which NewGalexy has been providing for quite some time now and we are looking to further expand on this. I envisage that the legal outsourcing market will become more structured over the next few years with suppliers focusing on specialised areas of services. NewGalexy already provides such focused legal services for industries such infrastructure and insurance”.
Indian law firm M.V. Kini and specialist international legal services provider NewGalexy Partners have launched a joint venture, NewGalexy Legal Process Outsourcing Pvt Ltd. to exclusively focus on international (non-Indian) legal work..Indian law firm M.V. Kini and specialist international legal services provider NewGalexy Partners have launched a joint venture, NewGalexy Legal Process Outsourcing Pvt Ltd. to exclusively focus on international (non-Indian) legal work..NewGalexy Partners has lawyers both in the UK and India and has invested in the development of niche expertise in legal work relating to international infrastructure businesses and to other business sectors..According to the press release, initially, the joint venture will focus on legal work which relates to international infrastructure projects outside India, legal due diligence and international commercial transactions outside India. The joint venture will complement the existing businesses of NewGalexy and Kini, and both parties will contribute resources and expertise to it. This is a refreshing example of an Indian law firm taking the expertise which it has been offering to its national clients and moving to offer that expertise in the international arena in conjunction with established specialist legal services provider..Commenting on the new joint venture, Ravi Kini, the Joint Managing Attorney of M.V. Kini in a statement said, “We are excited by the prospect of our lawyers expanding their skills and experience to work on projects and transactions outside India. By establishing this joint venture with NewGalexy, we gain access to their experienced team – both in India and in the UK – and access to the processes and methodologies which they have successfully developed and utilise in this area. Some of our lawyers have already begun training with NewGalexy and we envisage the joint venture winning work from new clients in the near future”..Speaking to Bar & Bench on the Joint Venture Sarvarth Misra, the Director of NewGalexy who leads its infrastructure legal and risk management practice said, “NewGalexy carries out high end, often complex legal outsourcing work and therefore it is important for us to use experienced transactional lawyers who are able to provide legal services to the same quality and professionalism clients expect from international law firms. The JV with MV Kini will allow NewGalexy to have access to such experienced transactional lawyers with specialised industry expertise. Together, we will be able to provide a unique, competitive and one of its kinds legal outsourcing offering to the European, American and Australasian legal markets. The JV will focus exclusively on non-Indian legal work”..Talking about the Indian LPO market, Misra added, “The Legal Outsourcing market in India has matured over the past two years but there are still substantial growth opportunities. The industry is going through a consolidation stage with many service providers looking at the onshore-offshore service model something which NewGalexy has been providing for quite some time now and we are looking to further expand on this. I envisage that the legal outsourcing market will become more structured over the next few years with suppliers focusing on specialised areas of services. NewGalexy already provides such focused legal services for industries such infrastructure and insurance”.