Navigating Ambiguous Service Level Agreements: Challenges for Fintech Startups in India
Introduction Service Level Agreements (SLAs) are critical in defining the expected level of service between fintech startups and their customers. Ambiguity in these agreements can lead to significant disputes, particularly in areas like uptime guarantees, data security measures, resolution timelines for customer complaints, performance metrics, and compliance requirements. This article explores five primary issues faced […]
Dispute over Terms and Conditions with Partner Institutions in India’s Fintech Sector
Introduction The collaboration between fintech startups and established financial institutions in India is often fraught with challenges, particularly concerning the terms and conditions of partnership agreements. Five primary issues frequently arise: revenue sharing, data ownership, liability for technical failures, termination clauses, and transaction fees. Each of these areas can lead to significant disputes, hampering the […]
Soundless-scream dreams: Lawyers should use their natural erudition to a necessary end
This piece was first published in Business Connect. The CEO-equivalent of a public sector (PSU) energy company made a distress call to me recently. “Can you refer me any ‘agencies’ to engage for environmental statutory compliances and issues related to [that PSU’s main] business on retainership basis?” The company is Indian and more than a […]
Never ranked in Chambers? Here’s what to do – Part II
Introduction This piece was first published in Bar & Bench. In the second entry of this three-part article, Lawfinity highlights the new entrants in the Chambers and Partners rankings and how they made it. The gold standard in law practice guides has news! A grand total of ‘three’ new entrants have made it in its […]
Never ranked in Chambers? Here’s what to do – Part I
Introduction This piece was first published in Bar & Bench. In the first entry of this three-part article, Lawfinity discusses what should be the long-term strategy of law firms leading up to Chambers and Partners rankings. The gold standard in law practice guides has news! A grand total of ‘three’ new entrants have made it […]
How Authentic Storytelling gets Practice Development Everywhere!
Our Founder recently had a dialogue with a Business Magazine in its feature on 50 self made female entrepreneurs. We are reproducing the feature below because it carries not a few pieces of insight on how storytelling can take professional practices places. Read it below: Give us a bit of background about yourself and your […]
10 Weak Links In Law Practice Development Plans – Part II
Yesterday, we discussed, failure. Finding a successful law practice development plan’s case study in the Indian market is no less than a Ranthambore tiger sighting! Make no mistake, Legally, India’s terrain is full of prodigies and massive professional empires. Without taking anything away from their feat, we can also not ignore that most of them […]
10 Weak Links In Law Practice Development Plans – Part I
One road less travelled in the Indian law practice market, is to come up with a concrete practice development (PD) plan and to be able to say it succeeded. Yes, we have more than a few legacies – usually a function of time and relationships though. But when a law practice comes up from scratch and […]
BCI makes History: Your checklist of 4 to prepare for foreign law practice entry into India
“No commercial competition or procurement”, the Bar Council of India (BCI) forewarns, as it begins lettering its historic notification solemnising the marriage of the Indian and global legal sector. BCI notification 1260 of 2023, on 13 March, allowed foreign lawyers to do non-litigous law practice in India. The lawyers have to be registered with the […]
How GCs, Fund Partners, Other Business Heads captain tight ships: Lawfinity Solutions explores?
The Dealmaker’s Theorem, a project by Lawfinity Solutions, deigns to help private practice lawyers, legal tech specialists and others try on the shoes of those who are good at getting into others’ shoes. “Mirroring” is the act or technique of increasing our “likeness” to the object or person facing us. Anyone interested in, or as […]