LexisNexis organized an exclusive event on the topic “Rethinking Law & Technology” in association with Indian Corporate Counsel Association (ICCA)

New Delhi, July 20, 2017. LexisNexis®, a leading global provider of content and technology solutions, organized an exclusive event – ‘Rethinking Law & Technology’ in association with Indian Corporate Counsel Association (ICCA) at Leela Kempinski, Gurgaon, on July 06, 2017, evening. The event embarked upon the importance of rapidly moving technology and innovation in the legal industry. The theme of the event was conceptualized keeping in mind the importance of technology and innovation in the legal industry. The event was an initiative by LexisNexis to bring forward the existing technologies in the world and also delve into the future of technology and law.

During the occasion, Mr. Sandeep Ganju, Senior Director, Marketing and Sales, LexisNexis India, said, “Online legal tools offer limitless potential once integrated with professional expertise. As other markets are adopting more rapidly, it’s likely that the legal industry in India is going to play catch-up in this area over the next few years. Knowledge management, workflow management and artificial intelligenceare what the future is looking at.Legal research and practice management tools like Lexis®India, Lexis® Practical Guidance, LexisNexis® Total Patent™, Patent Strategies, Lexis Affinity^TM, etc., are a unique combination of content and technology that are designed to improve both the efficiency and efficacy of a counsel’s intellectual and process capital, as well as the progression of legal professionals to utilize that knowledge more effectively.”

The event was followed by a panel discussion on the disruption in the legal industry, adoption of innovative online research and workflow solutions, and focus on increasingly sophisticated artificial intelligence to operate the business efficiently and effectively.  The panel comprised of Ms. Lakshika Joshi, General Counsel & Head – IP & Licensing,  Aricent Technologies; Ms. Shanu Saksena, Company Secretary & Area Ethics and Compliance Officer, ISC, GlaxoSmithKline; Mr. Ashok Sharma, President, ICCA; Mr. Parvesh Kheterpal, Head Legal, Lanco Group; Mr. Vishal Kumar Garg; GM & Group Legal Counsel, LM Ericsson AB; and Dr. Akhil Prasad, Country Counsel India, Boeing International Corporation.

Ms. Lakshika Joshi said, “My compliments on putting together such a well-organized event. Content was thought provoking and triggered a very engaging discussion amongst the panel and the audience. The topic has paved way for seamless in-house transitions as we are all gearing up for great tech-abled times ahead. Thank you for having us contribute to the discussion and mooting some wonderful possibilities that lie ahead. All eyes on LN for continued innovation and being every lawyer’s personal AI assistantJ!”

Dr. Akhil Prasad said, “Again Lexis Nexis maintains a high benchmark for a qualitative event. Well done and keep it up.”

Mr. Ashok Sharma said, “It was an absolute pleasure meeting all at this LexisNexis – ICCA Event and sharing thought on this relevant and thought provoking topic of technology and law. Data driven analysis by technology tools, many of them by LexisNexis, now available are really helping In-house lawyers to leverage their time and expertise to do their tasks in a cost efficient manner. Looking forward to greater co-operation with LexisNexis to bring excellent products from LexisNexis to In-house community in coming days.”

Mr. Parvesh Kheterpal said, “Being legal counsel, we used to attend events on academic subjects but the event like this is a good platform to make GC aware about the various online tools including e library available and their usages, effectiveness for legal professionals. The modules (practical guidance) introduced by Lexis Nexis are fantastic and these are helpful for legal professionals as time saver, accuracy of legal provisions, availability of info at one click and helps for quality deliverables. Congratulations to team Lexi’s Nexis and looking forward for more programme like this.”

Mr. Vishal Kumar Garg said, “The transformation that computers brought to the physical world, is to be repeated with AI transforming the capabilities and output in the digital era. The changes in the digital field already support lawyers every day in using pooled databases with anytime & anywhere access, almost real-time updates, confidentiality, speed, accuracy, and use of fractional cost models, thanks to pioneers in the field like LexisNexis. The future will, with the support of AI solutions, further reduce time, cost and effort to arrive at answers sought by lawyers, any day!”

Ms. Shanu Saksena said, “Use of technology is inevitable across professions and different walks of life and this will only see an increase with every passing day. Today the legal profession uses various available technologies for research, drafting, repository and tracking (contracts and compliance) et all and you will see more such elements coming under its ambit. Technology not only helps in saving time and cost but also helps facilitate effective utilization of Human Resources. Use of technological tools will depend on individuals appetite to embrace this change however, I strongly believe that tools will facilitate efficient working for humans but will never replace them.”