ILA Webinar – 5-June-2021
1. Event Overviews
- Event Name: Panel Discussion on Corporate Law
- Event Location: Virtual
- Event Video Link: https://www.youtube.com/watch?v=W9l6L4MVF4A
- Event Date & Time: 5th June 2021 at 11 AM
- Event Purpose: A Thoughtful Session on Corporate Law: The purpose of this webinar is to provide legal professionals with deep insights into the evolving landscape of corporate law in India. Through expert discussion, we aim to highlight the seven hallmarks of an outstanding corporate lawyer, strategies for client service excellence, and the shifting role of lawyers in modern corporate transactions. The session will also address common legal challenges faced by corporate clients, the lawyer’s advisory role in litigation matters, and the impact of bureaucratic hurdles. Additionally, the webinar will invite dialogue on key reforms needed to simplify and modernize corporate legal procedures in India.
2. Speakers
Speaker – 1
- Full Name: Aaron Solomon
- Designation: Managing Partner
- Organization: Solomon & Co.
- Topic Presented: In response to how one becomes an outstanding corporate lawyer, the speaker emphasized the importance of mastering both legal acumen and business understanding. They highlighted that deep knowledge of corporate laws must be paired with commercial awareness, strategic thinking, and strong client relationship skills. Continuous learning, ethical integrity, and the ability to simplify complex legal issues for clients were also key traits the speaker underscored.
Speaker – 2
- Full Name: Sumes Dewan
- Designation: Managing Partner
- Organization: – Lex Favios
- Topic Presented: The speaker shared that responsiveness, commercial clarity, and a solutions-oriented approach are critical. They stressed the need to understand the client’s business deeply, anticipate legal risks, and offer practical, timely advice. Building trust through consistency, clear communication, and going beyond technical answers was also emphasized.
Speaker – 3
- Full Name: Kavitha Vijay
- Designation: Senior Partner
- Organization: IC Universal Legal
- Topic Presented: The speaker outlined seven key hallmarks of an outstanding corporate lawyer: deep legal expertise, commercial awareness, strong negotiation skills, strategic thinking, excellent communication, responsiveness, and unwavering integrity. They emphasized that these qualities enable lawyers to add real value to clients, not just legally but as trusted business advisors.
Speaker – 4
- Full Name: Kaustubh Kamat
- Designation: Partner
- Organization: Lesec Advisors LLP
- Topic Presented: The speaker noted that clients often face delays in regulatory approvals, lack of clarity in compliance requirements, and overlapping jurisdictions across authorities as key problems in corporate law. They also pointed out five major bureaucratic hurdles: excessive paperwork for routine filings, redundant company incorporation steps, outdated physical documentation requirements, slow response times from regulatory bodies, and inconsistent interpretation of laws by authorities.
3. Host & Moderator
- Full Name: Navneet Chugh
- Designation: Chairman, ILA & Managing Partner
- Organization: Chugh LLP
- Mr. Navneet skilfully organized the session on Corporate Law by engaging the panel with a series of thought-provoking questions. Each expert contributed insights on key themes such as the hallmarks of an outstanding corporate lawyer, best practices for client service, and evolving roles in corporate transactions. The discussion also explored common legal challenges, bureaucratic inefficiencies, and potential legal reforms. By assigning targeted questions to each panellist, the moderator ensured a well-rounded and impactful conversation. This structured approach brought depth and clarity to the evolving landscape of corporate law in India.
4. Event Conclusion / Key Outcomes
- Summary of Key Highlights or Achievements:
This thoughtful session on Corporate Law provided legal professionals with meaningful insights into the dynamic landscape of corporate legal practice in India. The discussion shed light on the seven hallmarks of an outstanding corporate lawyer, effective strategies for client service, and the evolving role of lawyers in transactional work. Participants also explored common challenges faced by corporate clients, the lawyer’s role in litigation-related advisory, and the burden of bureaucratic obstacles. The session concluded with a forward-looking dialogue on much-needed reforms to streamline and modernize India’s corporate legal framework.