Genpact provides high quality and economical legal support services globally with its experienced and competent team of legal professionals and compliance personnel. Genpact’s legal services team provides services across poles, including North America, Europe and Asia Pacific.
Genpact’s legal services team comprises experienced and trained lawyers who are supervised by senior lawyers of international standing to provide guidance and direction in execution and implementation. In addition, Genpact adheres to international standards of data privacy to ensure security of data shared by the customer.
Genpact is a pioneer in starting the legal process management initiative in the industry and has been providing legal process outsourcing service for the last 9 years to international clients. Genpact’s diverse offerings for legal services include:
Contract Drafting & Review: Contract drafting and review is the core activity undertaken by the legal services team. It includes drafting, reviewing, modifying and negotiating various contracts ranging from highly complex Loan and Security Documentation, Manufacturer’s Warranty Assignments to fairly simple documents such as addendums and non-disclosure agreements. This is non-advisory work based on preparing standardized contract templates. Typically, the Genpact team collaborates with the customer to prepare these customized templates to suit dynamic business requirements.
Contract Management: In our experience we have found that customers are good at entering into contracts but contract management often ends up slipping between two stools. This leads to revenue leakage, poor management and greater risks for the company. At Genpact, we offer niche contract management services such as maintenance of contract database, creation of contract summaries/abstracts and databases as per client specifications, tracking renewals, identifying incorrect/inconsistent and incomplete data entries, cataloguing and indexing contracts and generating reports required on a periodic basis. Given Genpact’s extensive expertise in IT, we are also able to assist customers by identifying appropriate IT solutions for their specific contract management requirements.
Legal Research & Analysis: Genpact offers high-end and cost effective legal research and analysis services with timely deliveries utilizing state-of-the-art methodologies and research tools. We have access to numerous extensive libraries of databases covering most jurisdictions. Our research and analysis team provides comprehensive legal research services in the following areas: case law research, statutory research, legal analysis and summary drafting, and fact based internet research. Such assignments can, at the convenience of the customer, be either a project-based activity or an on-going activity.
Regulatory Compliance: Regulatory Compliance is handled by a competent and experienced team of compliance personnel who have a keen eye for detail. The core activity handled by this team includes tracking regulatory watch lists issued by the US and the UK governmental authorities and screening of potential matches through manual and automated procedures. Additionally, we also conduct US regulatory compliance in the following areas: Anti Money Laundering Compliance; Know Your Customer (KYC) Compliance; and Suspicious Activity Reporting.
Legislative Monitoring: Under the Legislative Monitoring process, our specialized team of legal professionals analyzes, tracks and summarizes legislations and regulations that can have significant impact on customers’ business. We track legislations globally as well as specifically for the US (50 States plus Federal). In addition, we are equipped to handle market analysis of business issues, research on federal rules and regulation, and monitor the progress of legislations on regular basis.
Trademark Database Management: Under this process, we manage customers’ global trade mark renewals and name change activity. We also provide documentation support to local counsels/agents and handle office actions raised by jurisdictional Trademark Registries. In addition, we provide seamless support by liaisoning with the customers’ internal departments and various external law firms/agencies handling the actual filings.
Corporate Housekeeping: Under this initiative, Genpact maintains the database of all the local licensing requirements and company secretarial work of various corporate houses of our customers in the US region. We handle filings of annual reports and gross receipts through paper filing or online filing based on the customers’ requirements.
Genpact’s experienced and highly qualified team of lawyers and compliance personnel provide high quality services customized to customers’ needs to enable optimum utilization of onshore resources resulting in significant cost arbitrage and savings potential. Some of the advantages that Genpact leverages are language proficiency, a mature legal system based on Common Law, and the time zone advantage.