2. Your next stop Sri Lanka.
Ironwood Legal Solutions (Private) Limited 2
Educated Work Force- Sri Lanka offers an incomparable mix of an English
speaking educated workforce, excellent business environment and
advanced infrastructure that is highly developed when compared to most
low cost countries.
Quality of talent - Young, talented workforce with qualifications from
world renowned universities. The work force is challenging, vibrant and
excellent. The country produces 30,000 law graduates a year.
Literate population - Sri Lanka has the most literate population in South
Asia and is one of the highest ranked in the developing world with a
national literacy rate of 92.2%.
Strong economy - The Gross Domestic Product (GDP) in Sri Lanka expanded
6.40 percent in the first quarter of 2015 over the previous quarter. GDP
Growth Rate in Sri Lanka averaged 6.58 percent from 2003 to 2015. By 2016,
Sri Lanka is targeting a GDP growth of above 8.5% on average and is expecting
to achieve a USD 4,000 per capita income.
Developed infrastructure - The country has 04 fixed line operators, 05
mobile service providers, 22 internet service network providers, 33
external gateway operators and three international submarine cables
with widely available broadband, leased line and satellite connectivity. Sri
Lanka is among the first South Asian countries to establish a 3G network
and now is amongst the first countries to introduce a 4G network.
Sri Lanka has increasingly become the desired
destination for clients in the IT/LPO/KPO and
BPO industry.
The industry is expected to reach $ 5 billion by
2020 and become the leading foreign exchange
earner for the country.
3. Legal Process Outsourcing (LPO)
Ironwood Legal Solutions (Private) Limited 3
Legal Process Outsourcing (LPO)
refers to the practice of a law firm
or corporation obtaining legal
support services from an outside
law firm or legal support services
company.
Research has indicated that LPO is
an effective way to meet the
demands of the growing market and
ever changing industry conditions.
The global LPO industry was
estimated to be USD 1,085 million in
2012. According to studies it is
expected to reach USD 8,568.5 million
by 2020, growing at a Compound
Annual Growth Rate (CAGR) of 29.6%
from 2014 to 2020.
Source: Grand View Research Report April 2014
4. Why Use a LPO Service
Ironwood Legal Solutions (Private) Limited 4
Cost Effective - Depending on the type of legal service being outsourced, a law
firm or a corporate legal department is estimated to achieve 30% to 80% in cost
savings, by outsourcing legal support work to firms based in lower cost markets.
Flexibility - LPO firms are more convenient and less costly than hiring a full-time or
a temporary in-house support staff to handle the workflow. LPO firms are capable of
handling unfamiliar areas where the law firms or corporate legal departments may
not have core competency internally.
High Quality Legal Support - LPO firms employ qualified and licensed attorneys
rather than just paralegals or legal secretaries.
Increase Efficiency - LPO firms employ qualified professionals at a low cost and
operate with the use of specially designed software that automates and streamlines
respective tasks, especially tasks that involve significant amounts of paperwork and
documents.
Leverage Time Zone Differences - North American or European based clients have
the advantage of having their work completed on a 24 hour basis.
Optimize Costly Resources - For law firms, expensive resources in high cost markets
are freed up in order to focus on high margin fee generating work rather than
repetitive tasks, while corporate legal departments are able to focus more on their
core competencies rather than on handling legal paperwork.
5. Ironwood Legal Solutions
Ironwood Legal Solutions (Private) Limited 5
Ironwood Legal Solutions Private Limited
(Ironwood) is a wholly owned subsidiary
of Eagle Proprietary Investments Limited
(EPIL). EPIL is a UAE based, globally
diversified private investment firm, which in
turn is a wholly owned subsidiary of National
Industries Group Holding, S.A.K. (NIG), a
Kuwait based publicly listed financial and
industrial investment holding company, with
over USD 5 Billion in assets.
Ironwood is Sri Lankas first BOI approved
LPO and was launched in January 2015.
Ironwood has in place a strong and dynamic
team of qualified professionals and robust,
scalable and well documented processes to
ensure consistent work product, cost-
efficiency and peace of mind for their
clients.
Ironwood provides world class legal
services to clients globally. Our team
includes experienced attorneys and
process experts who have dedicated their
careers to achieving cutting edge
improvements in efficiency and accuracy.
6. Our Team
Ironwood Legal Solutions (Private) Limited 6
The company commenced its
operations with 12 Srilankan attorneys
and has grown to 21 attorneys today.
These professionals are qualified
graduates from Sri Lankas top law
schools, most of which offer graduate
programs in collaboration with leading
UK universities and thereby have the
requisite training in the Common Law
system. The team members hold LLB
and LLM degrees awarded by top
ranked UK universities and are well
experienced, dynamic and dedicated
to provide our clients with the highest
standard of services.
7. Our center of excellence
Ironwood Legal Solutions (Private) Limited 7
Identifying and
understanding
client
requirements
Review of work
to be done and
Project
planning
Two tier quality
control process
and review by
senior quality
control
attorneys
Customization
of delivery
timelines
according to
customer needs
Our Process
Ironwood focuses on quality of work as its prime goal.
It has a strategized process, with a two tier reviewing
procedure, that enhances the quality of work and also
ensures customer needs are satisfied. Continuous
development and training are conducted at various
stages of the project by Ironwood, to deliver the best
possible work product to the customer.
Our Systems and Infrastructure
Ironwood is Sri Lankas first and largest Board of
Investments (BOI) approved LPO Company. The company is
conveniently located and equipped with modern office
facility and infrastructure. Ironwood also ensures reliable
and speedy broad band and lease line connectivity coupled
with IT security.
8. Our Products
Ironwood Legal Solutions (Private) Limited 8
We conduct routine research for
complex research projects in a
cost effective manner using
standardized legal research
databases/industry standard
technology. E.g:- Lexis Nexis, West
Law. Our surveys are multi
jurisdictional to meet individual
client requirements. Additionally,
we provide legal assistance in
drafting Briefs, Legal Memoranda,
Motions of Summary Judgements
and Appeals etc.
Ironwood specializes in
litigation services that focus on
document review and related
aspects of Electronic Discovery
services to our clients. We
analyse large volumes of data to
provide insightful fact
development, in addition to
case planning and
management.
We analyze and verify the
authenticity of litigation documents.
Global standard databases are used
to segregate appropriate citations
according to statutory requirements.
Among our other support services,
we specialize in e-filing and matters
regarding the litigation process such
as Affidavits, Appeals, Demurrer,
Articles of Publications, Letters of
Authorization and Intent etc.
Global Legal Research Litigation Services
Document Review
and E-Discovery
Litigation
Support Services
9. Our Products
Ironwood Legal Solutions (Private) Limited 9
Ironwoods experienced Attorneys
support clients legal departments by
providing a wide array of corporate
services and routine transactional
work. This enables clients to
maximize their resources in a cost
effective manner. We provide full
contract lifecycle management
services which include Contract
Remediation, Contract Gap Analysis,
Contract Abstraction, Drafting and
Negotiation Support and Contract
Compliance Obligation Support.
We perform a variety of regulatory
research and monitory services
including:
Capturing industry specific laws,
rules and regulations
Identify and closing gaps between
legal requirements and relevant
client obligation
Multi jurisdictional survey of cross
jurisdictional legal mandates.
Ironwood offers support in
summarizing contracts, redacting
sensitive information and preparing
Disclosure Schedules. In addition we
offer post transactional support in
developing and executing Migration
Plans, identifying Integration Risks in
Legacy Agreements, drafting related
documents and third party
negotiations.
Global Corporate Services Legal
Regulatory Compliance
Mergers & Acquisitions
and Corporate
Restructuring
11. Executive Management Committee
Ironwood Legal Solutions (Private) Limited 11
He counts for over 12 years of broad industrial
and service sector experience, backed by
multi-disciplinary capabilities in Finance,
Marketing, Human Resources, IT and
Operations.
He has also held senior positions in Airtel Sri
Lanka, Mountain Hawk Express (Licensee of
Federal Express Corporation), Brandix Lanka
Group having started his career at Ernst and
Young.
Shazil is an associate member of the Institute
of Chartered Accountants of Sri Lanka (ACA),
The Chartered Institute of Management
Accountants-UK (ACMA,CGMA) and The
Chartered Institute of Marketing UK (ACIM,
Dip.M ), He also holds a MBA from the
University of Colombo.
SHAZIL ISMAIL
Ravi has a distinguished track record in the
financial and IT/BPM sector having established
highly successful companies from inception in Sri
Lanka.
Some of the positions held previously include:
Managing Director of Copal Amba a market
leader in the research and analytics offshoring
space with over 200 institutional clients, now
owned by Moodys; and Hayleys Business.
Solutions International a Sri Lanka based
Financial Accounting Outsourcing and shared
service firm catering to a wide spectrum of local
and international clientele.
He was also - Former President of the IT Enabled
Services Association of Sri Lanka and - Former
Vice President of SLASSCOM - Sri Lankas national
association for software and IT enabled services
companies.
Ravi is a Fellow Member of the Chartered
Institute of Management Accountants, UK, and a
Chartered Financial Analyst and has an MBA from
Monash University, Melbourne, Australia.
RAVI ABEYSURIYA
Over 18 years of diverse global legal experience in
the domains of Legal Process Outsourcing, Litigation,
Real Estate, Mortgage, Debt Recovery, Banking and
Gaming Sectors.
Prior to joining Ironwood, Rajesh was the Associate
General Counsel of OConnor & Associates, Texas
and heading their offshore legal operations at their
captive center at India.
Has held Senior Corporate Legal positions at Bally
Technologies Inc, Clutch Group Legal Solutions,
Dhanlaxmi Bank and has broad Legal Outsourcing
experience.
Has extensive experience working with Law firms
and General Counsels in the US, UK and Asian
Countries.
Has led large teams of over 100 lawyers and
groomed and mentored junior attorneys.
Has expertise in various legal services ranging from
litigation e-discovery, litigation documentation,
contract management, legal research and regulatory
compliances.
Holds a Gold Medal at Bachelors of Law from
Bharathiar University and a Masters of Law
(Contract Law) from Annamalai University, India.
RAJESH PONNAN
Managing Attorney
12. Board of Directors
Ironwood Legal Solutions (Private) Limited 12
Currently Head of International Business for Eagle Proprietary
Investments Ltd (EPIL) where he focuses on new investments, strategic
partnerships, and manages the firms international investments portfolio.
Prior to Eagle, Deval was at DLB Capital (Private Equity firm) where he
was a Vice President and the firms leader in deal execution, Middle East
investor relations, Sharia compliant investing, and Portfolio Company
monitoring and at First Light Financial (Hedge Fund) as a Senior Associate
where he actively managed 13 portfolio companies aggregating $80MM
of exposure across various industries. Deval began his career in
Investment Banking at Citigroup.
Deval is also a Board Member or Board Observer in the following
companies: China Rapid Finance, Ironwood Legal Solutions, Asset
Vantage Systems, Accordion International, and Shanghai Harvest
Network Technology. Deval received his Bachelor of Science degree in
Finance from Boston College. He was also a finance major in the General
Course program at the London School of Economics.
Twenty-two years of experience in the Financial Services industry, eight
years of which have been with Eagle Proprietary Investments Limited
(EPIL) and Eagle Investments Limited (EIL) as a COO. Setup Eagle
Proprietary Investments Limited in 2008 in the DIFC in Dubai, UAE.
Fourteen years of diverse experience with Citigroup in the area of
Compliance, Risk, Operation Management, Matrix Management,
Business Systems & Technology and People Management. Played a lead
role as part of the Senior Management team that started and built the
Citibank Kuwait Franchise.
Director on the Board of Candor Equities Limited, Candor Asset
Management (Private) Limited, Candor Capital (Private) Limited and
Candor Shared Services (Private) Limited, Sri Lanka.
Holds a Bachelor of Commerce in Financial Accounting from Bombay
University and holds an ICA International Diploma in Compliance
awarded in association with the University of Manchester, Business
School.
DEVAL DVIVEDI
Director
SHARON DSOUZA
Director
15. Sample Case Study Legal Research
Ironwood Legal Solutions (Private) Limited 15
Client : A leading manufacturing company
in China
Work Assigned : To provide a legal opinion
on exclusive distributorship in the European
Union and its exemptions
Solution Provided : Provided the client with
a detailed analysis on exclusive
distributorship. An in depth analysis of
vertical agreements and its application to
exclusive distributorship.
16. Legal Research
Ironwood Legal Solutions (Private) Limited 16
Analyzed the Block Exception and its governing regulations. Provided solutions to the clients query
based on the interpretations of the exemptions to this rule.
Internet research on the
European Union Antitrust/
Competition laws, journal
articles and case laws
concerning the application
using West Law
SEARCH TOOLS USED :
A timely conclusion was
delivered covering the
complete area of exclusive
distributorship and the dos
and the don'ts advisable in
this area.
RESULT :
17. Sample Case Study Contract Management
Ironwood Legal Solutions (Private) Limited 17
Client : A major Japanese Corporate
Work Assigned : Commercial contract
drafting, review, research and evaluation
Solution Provided : A comprehensive
perusal and review of the commercial
agreement given by client was performed.
All the necessary changes, modifications
and redrafting in the commercial contracts
where made substantiating with necessary
legal memos in different country
jurisdictions. The completed project went
through a stringent quality check process
to enable excellence.
18. Sample Case Study Contract Management
Ironwood Legal Solutions (Private) Limited 18
Search Tools Used : Contract databases,
Contract Law of Japan and others and
customized contract template provided by
the Client.
Result : The client was able to get all the
commercial contract updated and customized
according to their business requirements. The
value addition to legal memo given by
Ironwood also enabled the client to
successfully negotiate and conclude on one of
their major Agreements with a big US
Corporate.
19. Sample Case Study Document review
Ironwood Legal Solutions (Private) Limited 19
Client :
Large global investment
fund in the United States
Work Assigned :
E- Discovery of an ongoing
litigation.
Solution Provided :
Review of 250,000 documents on average for the
litigation. Marking all the responsive and non
responsive documents. Filtering the responsive
documents based on it being privileged
communication or non privileged communication.
Sorting out the responsive documents based on the
evidential value in order to support the case.
20. Sample Case Study Document review
Ironwood Legal Solutions (Private) Limited 20
Search Tools Used :
Ironwoods team were provided remote
access on the clients database. The
litigation briefs were studied in depth
and assistance in framing the evidence
was provided.
Result :
Successful delivery of the project to the client was
concluded in a timely manner.
The process went through the front line reviewers at
the inception.
A secondary review for quality check and a final
approval was conducted by the managing attorney.
21. Sample Case Study Litigation Support
Ironwood Legal Solutions (Private) Limited 21
Client : Leading law firm
in New Jersey, US
Work Assigned : To review
the documents, upload
and e-file in the necessary
databases
Solution Provided :The documents reviewed
include several judgments from various US
states. The documents are carefully reviewed
and then filed on the relevant database. Each
document goes through a vigilant inspection
process of scanning and classifying before it is
submitted. We are successful in filing over
1000 documents every month.
22. Sample Case Study Litigation Support
Ironwood Legal Solutions (Private) Limited 22
Search Tools Used : Simplifile: Collaboration,
E-recording and Post Closing and data
provided by the Client
Result : This service of e-filing has helped
the client to meet their timelines and also
helped them to explore expansion into new
US States. The classification also helps the
users of the database to browse judgments
in an expedited manner.
23. Sample Case Study IP Claims/Searches
Ironwood Legal Solutions (Private) Limited 23
Client : A leading Law firm in Florida, US
Work Assigned : Any possible Trademark
infringement
Solution Provided : Our Attorney team
experienced in the Intellectual Property field
conducted a thorough search of the trademark
registrations in the US. All the relevant laws
pertaining to the facts and enormous number of
cases were cited. The client was able to arrive at a
solid conclusion based on our research. The final
work went through rigorous quality check in order
to ensure the quality of work.
24. Sample Case Study IP Claims/Searches
Ironwood Legal Solutions (Private) Limited 24
Search Tools Used : USPTO, thorough
Internet search and various other databases.
Result : The Project requirements were met
within the stipulated time with expected
quality.