Veracity
About the Company
Veracity is founded in 2010 by Ashish Tarwani, a young and dynamic law professional who is specialized in cyber laws; company Laws & Intellectual property laws. With vast knowledge of techno legal arena, Ashish thought to solve the problems of entrepreneurs by helping them to incorporate their companies, protect their brands and secure their computer systems. There he started Veracity – A techno legal firm in July 2010. Started alone from a business center at Nagpur, right now VeracityLegal.Com has 3 owned offices in Nagpur one of which is at a commercial complex at Sadar area in Nagpur and over 7 branch offices spread in Mumbai, Chennai, Kolkata, Ahmedabad & Delhi. Office interiors work is under process at tier II cities such as Raipur & Jaipur also. Soon VeracityLegal.Com will expand its wings to all major Tier-1 and Tier-2 cities in India and then by mid 2017 at USA and UAE.
Hailing from a lower middle class family, Ashish Tarwani did his schooling from Saint Francis De Sales Higher Secondary School, Nagpur and completed his LL.B from G.H. Raisoni Law School, Nagpur. During his 5 years of LL.B, he did few Diploma Courses in Intellectual Property Laws, Cyber Laws & Cyber Crime Investigation from Asian School of Cyber Laws, Pune and finally after completing his LL.B, he pursued Post Graduate Diploma In Legal Process Outsourcing from IGNOU. Before starting VeracityLegal.Com, Ashish Tarwani was a co-founder in NagpurTrade.Com Technologies, a leading web development company in Nagpur presently having offices at Nagpur, Mumbai, Shillong, and Bangalore & Noida where he gained a lot of technical expertise in computer softwares and programming which today helps him a lot in investigating and solving Cyber Crime cases.
Current Market Landscape
India's legal services industry is growing at a rate of approx 40-45 percent per annum. The legal services sector appears to be composed of three distinct sub-sectors - Lawyers providing sophisticated international or domestic legal work to corporate clients, individuals as well as entrepreneurs, LPO's, which provide support such as documentation review and legal research & Online Professionals MarketPlace Including DIY Agreement Drafting Platform.
According to LiveMint & The Wall Street Journal, India is ‘on a par with the US in numbers of practicing lawyers, however a small number of those lawyers are focused on providing high-end legal services on sometimes cross-border, international work. That part of the legal services sector in India has huge room for growth and needs to grow so that Indian companies and foreign investors get "high quality legal advice"
India remains one of the fastest-growing economies in the world, recently recording a growth of over 200 times in per capita income from 1947 to 2011, according to Wikipedia. Indeed, as the Indian Government points out, domestic telecoms, infrastructure, and monetary sectors are growing apace as a result of larger inflows from Foreign Institutional Investors, and wider participation of domestic investors, particularly the institutional investors.
India-based international lawyers and law firms, as well as LPO's, if they go about it effectively, can capture greater market share as a result of a desire of by US law firms to secure more cost-efficiencies, and from the desire by investors and companies from around the world to capitalize on India's transformative growth over the course of the last more than 60 years.
Addressing the Challenges
India enjoys several strengths amongst others developing and least developing countries, particularly, in case of the legal service industry, and proudly hosts world affordable and best legal services. Even with these impressive facts, 90 percent of entrepreneurs are not aware of taxation and other legal know how for their companies. Lawyers & Professionals capable enough to provide guidance are not reachable because entrepreneurs are not able to find them or know them. Here online legal services take over traditional legal services. Prime Minister Shri Narendra Modi is really striving hard to encourage entrepreneurship through MakeInIndia, StartUpIndia, etc. The Chief Minister of Maharashtra, Shri Devendra Fadnavis is also promoting Entrepreneurship by directing banks to make loan process easier for startups and entrepreneurs, by taking steps to make Mumbai Startup Capital, etc. On 12th May 2016, Cabinet approved the national intellectual property rights (IPR) policy with a view to promoting creativity, innovation and entrepreneurship in which one of the point covered is ‘the waiting period for trademark registration will be brought down to one month from current 18-24 months’. Such moves by Government really encourage us to boost the legal service industry in India. Today, Veracity is the fastest growing Online Legal Service Provider in India in-spite of such rigid government policies and regulations which no doubt are getting solved day by day.
Services
VeracityLegal.Com provides legal services such as Incorporations, Protecting IPR through Trademarks, Patents, Copyrights & Design Registrations, Cyber Security, IPR & Cyber Litigations, Agreements Drafting, etc. Soon VeracityLegal.Com is coming up with a DIY (Do It Yourself) platform for agreement and deeds drafting, a free question and answer platform for people to write questions and our panel of lawyers including associated lawyers shall answer their queries for free and a Lawyer-Client Platform for clients to search for lawyers all over world and connect with them, buy their packages and avail the services. VeracityLegal.Com is also coming up with CSR activities such as Cyber Security Seminars in which the company shall conduct free seminars all over India to promote Cyber Security and ways to curb cyber crime. VeracityLegal.Com has also launched a Toll Free Number to report cyber crime and within its CSR policy, free litigation support shall be provided.
Differentiating Factors
VeracityLegal.Com consists of employees who are lawyers by profession. The company does not intake any employee who is a non lawyer which is not there with other companies. Even a Customer Support Executive shall be a lawyer coz while on call, clients ask many law related questions which should be answered by that employee itself as that saves time of the caller and he is provided all information in a single call itself. There are many entrepreneurs who don’t know which company should they form, Private Limited or LLP or Partnership or a simple Proprietorship. With the help of lawyers, they get to know the pros and cons of all the business entities available and they come to a decision of that same phone call itself.
Also, Veracity is one of the fastest legal service providers in India. Today, in commercial market, big fish is not eating small fish. But fast fish is eating the slow fish. So being fast with accuracy is the firm’s utmost priority since it started and is proudly carrying that even today.
Also there are several other points which give Veracity an edge over its competitors which a user can feel after getting in touch with us till their work is done. The smoothness of the process is unimaginable and cannot be compared with any other company. Veracity’s process is fully automated and keeps the client updated with their work status in real time.
Clients
VeracityLegal.Com has clients in almost every industry, be it Pharmaceuticals or IT or Food Industry. To be noted, VeracityLegal.Com serves Government Departments as well. With over 145000+ paid clients in a span of less than 6 years has been a big achievement for Veracity.
Organizational Culture
VeracityLegal.Com has a very flexible working culture. Employees can work according to their free time and free mind as legal service industry is totally mind oriented and company give employees freedom to work at their timings in which their mind and body can work with full devotion. This in-turn helps us to get fully satisfied clients. VeracityLegal.Com also undertakes many employee motivation programs such as award functions, picnics, etc. At VeracityLegal.Com employees are free to play games and enjoy their work as well as recreations.
Harboring Innovation
Freedom by listening - When an employee feels as though their ideas are being heard, they are a lot more likely to share them. Happiness makes people about 15 percent more productive, and generating that happiness can be as simple as taking the time to hear out their thoughts. The company also provides mentoring to employees and also invests in employee innovation.
Go-to-Market Plans
By mid 2017, VeracityLegal.Com will start its global operations expanding its wings to United States of America, UAE (Starting with Dubai), UK and Canada.
Quick Facts
1.) Year of founding: July 2010
2) Funding information: Proudly Self Funded Till Date
3) Founding members: Ashish Tarwani & Gunjan Kewalramani (Now Luckily Gunjan Tarwani)
4) Office locations: Nagpur (Head Office), Mumbai, Chennai, Kolkata, Ahmedabad, Delhi, Raipur & Jaipur
5) Company strength: 165+
6) Website: www.veracitylegal.com
