Awareness and importance about India’s legal industry continue to hold surprising sway among lawyers and clients, both inside and outside the country. Expertise is flourishing in new practice areas such as competition law, environmental law, international trade law, outbound foreign direct investment, including restructuring and insolvency. A growing count of firms is also exploring alternative pricing models, heralding a not-too-distant day when alternate pricing arrangements may be preferred as against the hourly billing model. Many large and mid-sized law firms are aiming to form a pan-India presence, adding more practices and expanding their reach by acquiring smaller firms. Thanks to the widespread availability of high-quality and ambitious legal professionals the industry has seen many partners leave existing firms to start their own enterprise.
This remarkable time of growth and change marks the onset of a new age for the Indian legal industry. The new breed of mid-sized and boutique law firms are looking to increase revenues and control costs by creating leaner teams and efficient billing structures.
Amongst the mid-sized firms, the one that is known for its very quick and effective service is Clasis Law, a leading name in the Indian legal market. With a full-service presence in New Delhi and Mumbai, they provide advice on matters relating to Indian law and jurisdiction. Their vision, scope, experience and capability have built the confidence in clients to approach them for assistance in relation to other jurisdictions as well.
Clasis Law is recognized as a highly professional and process driven firm that has the necessary systems in place to provide hassle free services to the clients. Their clients range from Fortune 500 companies to SMEs and small businesses. The firm assists large MNCs and international SMEs that choose India as their preferred investment destination. The firm’s expert team of lawyers ensure that each client receives their best attention along with the most tenable and cost-effective legal advice.
An Illustrious Persona – Vineet Aneja, Founding Partner & Managing Partner of Clasis Law.
Vineet heads the pan India…..operations of the firm and the firm’s corporate practice. His practice includes advising on mergers and acquisitions, joint venture, regulatory, employment, retail, hospitality, compliance and audit and financing. Vineet has a rich experience of working with both Indian and foreign companies, as well as with government authorities. While his experience is vast in relation to transactions and advisory in India, Vineet has advised clients in other jurisdictions including Singapore, the United States, the United Kingdom, Finland, Middle East and Pakistan. Client feedback over the years has highlighted the value his advice has added to their transactions.
Words of Inspiration
“There is no substitute for hard work. I started my professional journey as a lawyer from the proverbial bottom of the pyramid and today after having been on the top for a long time, I see myself working as hard as when I started, in fact more. To me the greatest factor for success is hard work and rigour. No amount of add-ons can ever paper over a shoddy job done due to lack of hard work and diligence. The other most important factor is having an impeccable professional integrity. When a client knows that its lawyer’s professional integrity and ethics are unassailable that is when they reward you with their trust and where there is trust there is no dearth of good work.” Vineet asserts.
“Fortune favours the brave!” is the prime faith of Clasis Law. They started small but had larger aspirations, they took chances, risked many things, took a beating, kept their head above water, found the ground beneath their feet, rose again and ultimately everything fell in the right place. The Firm has always punched above its weight and that has spelled success for them.
Effective and Powerful Solutions
Recognized for its robust corporate practice, Clasis Law has wide-ranging experience in M&A transactions and offers end-to-end transaction management from deal structuring, negotiating, and documentation to assisting in closing of the transaction. The scope of their corporate and M&A advisory goes beyond the resolution of typical legal problems. Their objective is to collaborate with their clients and become a partner in their business decisions.
In addition to transaction advisory, the firm also provides services like legal due diligence, corporate and compliance audits, compliance management and corporate governance matters. Clasis Law’s secretarial and compliance services work to unburden the clients from corporate compliances so that they are free to focus on their business.
On the litigation side, Clasis Law’s dispute resolution team has advised and represented clients on a wide array of commercial litigation transactions, insolvency and bankruptcy related disputes, domestic and international arbitrations, enforcement of foreign decrees and foreign arbitral awards, debt recovery matters, international debt issues, employment disputes, infringement of trademarks and passing off disputes, winding up of companies, marine and international trade disputes, indirect tax related disputes, insurance and reinsurance claims, infrastructure disputes, unfair trade practice and consumer complaints etc. Their distinctive approach helps them offer practical and technically sound litigation strategies that keep their clients’ best interest in mind.
The firm’s other sector specific teams and practice verticals like Employment, compliment their corporate practice. Employment Law is one of Clasis Law’s core practice areas and the firm’s extensive experience includes advising on HR policies and procedures, employee redundancies and employee transfer transactions, employment contracts, compliance audits and risk advisory, conducting employee training and awareness workshops, as well as, advising on a range of contentious issues such as hostile terminations, enforcement of restrictive covenants, sexual harassment cases and employee disputes.
Clasis Law services a range of practice areas including corporate and commercial, aviation & aerospace, banking & finance, insurance, retail, hospitality, infrastructure, real estate, intellectual property, employment law, competition, compliance & auditing, shipping & international trade law, TMT, litigation & dispute resolution. The firm acts for a diverse Indian and international client base across a number of sectors.
Distinctive Strategy- Being Available for the Clients, at any Hour
In the practice of law the key strategy that holds one in good stead is that of consistently delivering results for their clients. At Clasis Law, they meticulously ensure that every client notwithstanding the scale or size gets the pride of place and is provided with their best possible service at all times. They have worked hard to retain long-standing clients who have stayed with them long enough despite of inducements from the market, to become their flagship clients.
Clasis Law’s lawyers are well-trained to ensure that a client’s interface with the law firm, be it understanding of the issue at hand, providing legal remedies, on-time and effective deliverables, credible time-recording, quick response time and invoicing is so seamless that it augments the overall service experience which greatly helps in client retention.
The firm understands the importance of making themselves available to their clients when they need them, which is the reason why Clasis Law is regarded as one of the most responsive law firms with the quickest turnaround times. The journey to convert a regular client to a long-standing client is not an easy one for it requires immense investment of time and effort in addition to excellent lawyering skills. Further, keeping in view the increased pressures on in-house legal departments to save on legal fee, Clasis Law offer their clients, flexible fee structures so that they could choose the one that is most suitable for their requirement.
Some Recent Notable Recognition of the Firm:
- Clasis Law is ranked amongst the Top 40 Indian Law Firms by RSG Consulting Rankings 2017.
- Vineet Aneja is recognized as one of India’s most Trusted Corporate Lawyer by Indian Corporate Counsel Association, 2017.
Future Outlook
Clasis Law is ready for all challenges that the markets may throw up. They know that the Indian legal market is constantly evolving with global firms looking to have a share in the pie. With their experience of working closely with international law firms over the years, they are at home with the globally accepted systems and procedures hence are ready to evaluate opportunities that the future may offer.
The Firm’s members are all seasoned lawyers in their respective fields and enjoy tremendous confidence from the clients. The firm is presently looking to grow and consolidate existing practice areas as well as add newer verticals. They are working closely with many international firms globally and would look to expand the share of work that is referred to the firm by their friends in other jurisdictions. Clasis Law is working to expand its geographic footprints and some developments may be expected by the end of the next fiscal.
