Consulting Firms offering compliance services often face multifaceted challenges both internal like creating a legal knowledge repository, keeping it updated with most recent changes, providing access of database to the entire team while ensuring data security, team retention, ensuring lower cost of services, and external like client management, defining scope or work, co-ordinating with client, secured flow of data and many more.
While juggling with the challenges, the Managing Partners will also have to ensure they expand their service scope by covering more area of laws, geographies, reduce person dependence, improve margins and also create a competitive edge in market.
LAWRBIT VALUE PROPOSITION
Lawrbit Compliance Service Management Application brings regulatory intelligence and technology tightly integrated into a single framework to help Consulting Firms offering compliance service to manage their service deliveries, work flow of interaction between compliance team and client, client service and plethora of other services. Integrating technology in compliance service process enables service providers to reap maximum benefits by adopting best practices, reduces errors, costs, improves efficiencies and ROI.
GLOBAL REGULATORY INTELLIGENCE
Lawrbit Global Regulatory Intelligence is created and continuously updated with regulatory changes through collaborative efforts of legal experts globally. Lawrbit provides a centralized repository of Regulatory Obligations, Legal Documents, Key Legal Terminologies, Regulatory Changes that can be commonly accessed by everyone across the firm including partners, managers, auditors, etc.
70+
Countries Covered
85,000+
Regulatory Bodies
5,000+
Laws & Rules mapped
1,00,000+
Obligations Mapped
SALIENT FEATURES
- Single repository of applicable laws and regulations for businesses across globe
- Mapping of compliance to risks matrix basis penal provision & internal guidelines
- Modular approach buckets compliance basis nature - One Time, Recurring, Ongoing & Event Based
GLOBAL COMPLIANCE NETWORK
Our innovative engagement model to partner with Legal and Accounting firms gives us scale and agility to faster engage & deliver even in jurisdictions where we currently don't have any presence; effectively allowing us to serve clients anywhere in the globe.
The network brings strong domain expertise and noteworthy commitment that lends highest credibility to the Regulatory Intelligence inbuilt in our solutions. While working with global clients to provide single point solution for compliance requirements, availability of credible partner channel help us improve client’s confidence, reduce delivery timelines and costs.
100
Legal &
Accounting Partners
500
Lawyers &
Accountants
SERVICE PROVIDERS CAN LEVERAGE LEGAL PARTNER NETWORK
- Collaborate with local legal partner for executing multi country compliance mandates
- Local representation for your client’s global locations; win client’s trust and save costs
- Brings agility and speed to your client pitch, increase penetration in global accounts