- How to manage plethora of litigation under various offences, next date of hearings and incidents
- What should be the focus – Litigation Management or Business Operations
- How to deal with personnel’s inadequate knowledge, skills or attrition issues
- Most importantly, how to consolidate fragmented records, documentation and communication that flow within the departments & organisations
- If management’s time is absorbed in an insecure environment due to fear of litigations, then how will one be able to concentrate on expansion plans & diversifications
- How to track and monitor the progress of matters / litigations
- Possibility of missing out on a legal deadline.
- Loosing case due to insufficient & lack of timely information. Insufficient and delayed information due to lack of an efficient IT solution in place can be one of the greatest contributor in losing a case.
- Financial impacts can cause serious injury to the fund position of the company.
- Reputational damage associated with loss is very high and irreparable. It can even lead to shut down of businesses.
- The primary reasons for missing a legal deadline can be:
- Focus is on Business operations
- High number of legal issues & compliances spread across multi-locations and multi-people having their own inconsistent practices
- Implications of litigations can result in prosecutions against the top executives even though he or she is not responsible.
- Scattered data leads to zero control over the status of litigations.
- The productive time of management should be utilised in product enhancement, client satisfaction, diversification, expansion & other such business strategies. Hence management needs to remain updated about the litigation status at a single click and not by extensive personal indulgence that may result in non-efffective and inefficient management.
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