Interview with: Mahua Roy Chowdhury, Managing Partner
Royzz & Co. Attorneys at Law | View firm profile
Managing Partner Mahua Roy Chowdhury explains how the firm is adapting to clients’ changing needs.
What do you see as the main points that differentiate royzz & co from your competitors?
Our firm represents next generation tech savvy law firms wherein our lawyers are either engineers or scientists.
We design and build our own portfolio management and tracking software based which are an amalgamation of our technical knowledge and wide experience. We provide use of these indigenous systems to our clients as value addition to our service.
Which practices do you see growing in the next 12 months? What are the drivers behind that?
Based on the fact that dynamics of products and market has changed to technology and online respectively, disputes related to ownership of technology, violation of digital licenses and infringements on cyberspace is going to increase.
Further, the bubble created as a result of a fast growing economy is bursting and thus we will witness more frequent triggering of recently introduced Bankruptcy & Insolvency Code.
Another, area of practice will be Infrastructure as the present government has a robust plan and equally fast pace to implement the same.
With the introduction of consolidated tax regime in India, we have been witnessing demand of day to day advise on taxation.
What’s the main change you’ve made in the firm that will benefit clients?
We have expanded our practice areas to provide a one-shop services to our clients. We have accordingly inducted Partners and Associates from practice areas like Corporate, India Entry, Tax, Real Estate and Litigation.
We have opened offices in Delhi and another in Mumbai with complete litigation support.
Further, we now use either a lump-sum or not to exceed fee calculated on the basis of our billable hours as a norm. The exception being only in long-haul contentious disputes, wherein we rely on billable hours. This assist our clients to budget and allocate resources accordingly.
Is technology changing the way you interact with your clients, and the services you can provide them?
We were from the beginning a tech savvy law firm. We are now trying to achieve a paperless office and have successfully implemented the same in our Delhi Office. We provide web based access to our client to review their portfolio and receive additional notifications for deadlines.
Can you give us a practical example of how you have helped a client to add value to their business?
Technology being our forte, we sometime cross-refer our clients and their products. We also update and advise our client to latest introduced technology and how they can integrate the same to augment their reach or improve their products.
Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?
We would like to focus and solidify our position in the practice areas introduced by us. We are more interested in providing a holistic services and advisory to our clients.