8 Benefits of Lexis practical guidance

1. WELCOME Welcome

2. Lexis Practical Guidance A brand new workflow-based online solution for legal practitioners

3. What is Lexis practical Guidance? It's smart guidance for the real lawyer. Lexis® Practical Guidance is a brand new workflow-based online solution for legal practitioners. Designed by practice areas, the various modules provide access to a broad collection of Practice/Guidance Notes authored by Industry Experts along with Commentaries, Forms and Precedents, Templates, Checklists, Cases and Legislation across the topics that you need to successfully deal with any legal matter.

4. According to legal process dynamics Research According to research more than 40% of the time of in-house counsels and partners is spent on drafting, conveyance and legal research, leaving them less time for business development or discovering new opportunities in unfamiliar areas of law. Moreover, non-availability of trusted legal updates makes the research process more time and labour-consuming. No doubt, about 85-90% of the corporate lawyers see technology tools as key efficiency drivers.

5. Benefits of Lexis practical guidance 1. Dynamic and Intuitive Search Ability 2. Instant Guidance 3. Extensive & Authoritative Content 4. Stay Ahead 5. Faster Delegation and Training 6. User-Friendly Interface 7. Stay Current 8. Time & Money Saving

6. Lexis Practical Guidance Product Features Practice Notes Practice notes provide guidance and in‐depth practical commentary on key issues. Step-by-step guidance to handle the client matters across a wide range of transactions Links to cases, legislations and commentaries with regular update on legal developments and business matters.

7. Precedents and Clauses/Alternative Clauses Precedents are template agreements and clauses that are specifically written by expert authors for Practical Guidance for drafting agreements suited for specific business situations. Provide regular updates on legal developments and market practices to ensure comprehensiveness, accuracy and timeliness

8. Forms The Forms are easy links directly to prescribed court forms that minimize the amount of keying, rekeying and calculating you need to do. Third Party Links Third Party Links are external links to guidance notes, forms, and other documents, websites or resources relevant to use.

9. Drafting Notes Drafting Notes provide in-depth explanation behind a clause and its correlation with other relevant clauses. Highlights common pitfalls to watch out for provide links to specific supporting cases and legislation Checklists and Flowcharts Checklists walk you through a matter so you never miss a step when completing procedural work. Easy-to-read point-form guidance of legal processes Visual explanations of complex legal procedures

10. An Advanced Online Platform Lexis practical guidance has brought an advanced online platform that enables professionals to seamlessly navigate from case law to commentaries and legislations, thereby examining a point of law in a holistic fashion and giving a pragmatic view of the matter at hand. In a situation whether you are a law firm, or in a corporate counsel, a solo practitioner or a start-up, struggling with competition driven by new players and offerings from alternative legal services, together with economic conditions, It is the best solution to drive efficiencies, bring a more strategic approach to risk management and most importantly achieve a value-based cost structure.

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