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Litigation
Management
B
Sai Chandravadhan
A growing economy, recession and other such calamities
notwithstanding, is driving companies to stretch themselves
to reach out for new heights. If its not adventurous
Multinational and Transnational companies, then ambitious
and fast growing Indian Companies are aspiring to attain
new heights by spreading themselves, not only to the
28 States and 7 union territories of India but also
to other countries and continents. Contracts, relationships
and alliances are allowing exponential rather than organic
growth.
However, every story has a downside that allows heroes
to rise and so also in this growth story. Every alliance,
relationship and contract, be it with human resources,
under environment, health and safety norms, terms of
engagement of vendors, purchasers and contractors, alliance
partners, collaborators and joint venture partners,
can and do run into troubled waters resulting in disputes
being settled through litigation or arbitration or any
other legal method opted for dispute resolution.
The larger the company, the more complex are its relationships
and the more difficult it is to manage them. Now therefore
the heroes arrive, this time, in the form of technology
based systems. A system, by its nature, allows for managing
that which can be uniformly applied and understood.
Compliances can be monitored and reviewed through technology
driven tools, financial transactions have unique and
effective systems for control, contacts management,
contracts management, document management, the list
goes on.
Another tool has emerged in the recent past, namely,
Litigation Management. Though it is a well known norm
in the west, its application is different there as it
is mostly used by large law firms to manage their work.
Litigation Management tools are useful to manage large
scale litigation across borders, either within India
or abroad, reining in the stakeholders, controlling
costs and implementing effective risk management processes
that reduce managerial time and costs to companies.
More importantly, it allows for shared information,
doesn’t permit re-inventing the wheel and allows for
updated information and document management across the
geographical spread of the company.
After its successful launch and over 250 implementations
of its path breaking software, eLCM®,
Chess Management Services, which has positioned itself
as a leader and largest and most comprehensive Legal
Compliance Management Service Provider in India, has
challenged itself yet again, by introducing effective
litigation management through implementing its web-enabled
tool e-LIT.
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