The legal consulting industry in India is undergoing a transformative phase driven by various trends. Technological trends and the incorporation of LegalTech and AI, the demand for specialized consultants, the growing need for cross-border legal support in addition to the rise of Alternate Dispute Resolution strategies are just some of the factors fuelling industry growth. However, within this dynamic industry, clients encounter a myriad of challenges that demand strategic solutions.
Sahil Soi, Advocate & Partner
Among the predominant hurdles faced are complexities entangled within legal jargon, perceived high costs, and the labyrinth of ever-evolving regulations. The industry grapples with prolonged procedures, risks associated with a lack of personalization, and difficulty in addressing startups' needs, hindering seamless navigation through legal intricacies. Moreover, concerns related to intellectual property protection, global expansion, and technology adoption pose additional hurdles.
Harnoor Kaur(Chartered Accountant), Associate Partner - Australia
Nevertheless, standing as a beacon of hope in this intimidating industry, providing legal consultations tailored to the unique needs of each client is RKV Tax and Risk Advisory Services (RKV & ASSOCIATES) founded in 1983 by B. N. Garg, Advocate, and based in Mohali and a branch in Gurugram. Simplifying intricate legal terminologies, embracing transparent pricing models, providing proactive updates on regulatory changes, and streamlining processes through technology, the firm is pioneering innovative solutions aimed at streamlining legal processes for the client.
Sahil Malhotra(Company Secretary), Partner
“This dynamic landscape presents challenges but also significant opportunities for consultants who adapt to these changes and align their services with evolving client needs. Law firms and consultants capable of embracing technological advancements, specializing in niche sectors, and offering comprehensive, client-tailored legal solutions will thrive in this evolving legal landscape”, shares Ravi Kant Garg.
Range of Services
RKV and Associates stand at the forefront of comprehensive legal and corporate consultancy, offering a broad spectrum of services across multiple domains. Specializing in corporate and taxation law, the firm’s flagship services encompass a rich array of offerings tailored to cater to the intricate needs of both national and international clients.
At the crux of the company’s expertise lies strategic entry and business setup advisory, guiding investors through the legal and regulatory landscape of India. The firm’s adept core team assists in the meticulous incorporation and establishment of diverse entities while crafting crucial documentation like shareholders agreements and joint venture accords, aligning strategies with business goals.
The firm also showcases prowess in corporate setups for an international clientele, facilitating seamless office setups and navigating complexities in land and building acquisitions. Notably, the firm’s distinguished proficiency in handling National Company Law Tribunal (NCLT) matters highlights its strategic and result-oriented approach towards corporate litigations. Elevating its range of services globally, RKV and Associates extend unwavering support to overseas corporations in establishing a robust footprint in India.
The firm’s Foreign Direct Investment (FDI) consulting expertise effectively guides international businesses through the intricacies of the Indian market. In the domain of taxation, the company’s comprehensive services span direct and indirect taxes, encompassing compliance reviews, strategic planning, and advice on the Income Tax and Goods and Services Tax (GST) systems.
Furthermore, the firm offers invaluable support in Intellectual Property Rights (IPR) litigation and audits, addressing trademark, patent, and copyright disputes with finesse.
RKV's extensive portfolio extends beyond taxation and corporate law, encompassing business set-up services, compliance advisories, legal guidance for foreign investors, transfer pricing, legal writing, and offshore outsourcing, drafting & reviewing commercials and agreements, as well as audit-related services. Collectively, these flagship services epitomize RKV and associates’ commitment to offering holistic and expert counsel, bridging legal, financial, and business advisory realms with unparalleled proficiency and comprehensive support.
Prioritizing Client Engagement
The company’s client engagement commences with attentive consultations, understanding unique needs, and conducting comprehensive assessments. Tailored proposals and agreements formalize the collaboration. Thorough research shapes customized strategies, sometimes involving external experts. Active client involvement ensures aligned solutions and ongoing transparency.
Regular updates, quality checks, and timely service delivery define the firm’s process. Post-service evaluations foster continuous improvement, reflecting its commitment to client success through trust, expertise, and lasting partnerships.
“Our client-centric approach tailors services to individual needs aids startups in traversing legal landscapes, and fortifies intellectual property protection. By fostering open communication, offering comprehensive global support, and facilitating a seamless transition to technology-driven solutions, we ensure clients’ peace of mind and empower informed decisions in their legal pursuits. Besides the history of advising prestigious transnational corporations and the country's leading public and private sector companies, we provide consultancy services to government departments, PSU's, and others”, further adds B. N. Garg
Standout Features of RKV
RKV and Associates stands as a distinctive player in the legal consulting landscape through a confluence of defining factors, spotlighting its distinctiveness and skill. Central to its eminence is the firm's comprehensive multi-expertise spanning a diverse spectrum of legal domains. From Corporate and Commercial Laws to IPR and NCLT matters, the firm offers an unparalleled repository of legal acumen, positioning itself as a go-to destination for multifarious legal needs.
What further distinguishes the company is its ensemble of highly qualified professionals and advisors, embodying a wealth of experience and profound knowledge. This reservoir of expertise fortifies the firm's commitment to delivering top-tier legal counsel, enriched by profound practical insights. Leveraging a global network of associates spanning both within and beyond Indian borders, the firm broadens its horizon, tapping into diverse legal perspectives and international legal frameworks.
For over four decades, RKV & Associates has epitomized legal excellence, navigating the ever-evolving legal landscape with unwavering dedication
This expansive collaboration affords RKV the unique advantage of offering comprehensive legal support in a global context, maneuvering adeptly through cross-border complexities for its clientele. Beyond geographical constraints, RKV collaborates actively with professionals worldwide, elevating its reach and understanding of country-specific laws. This dynamic engagement provides invaluable insights into the legal intricacies of different jurisdictions, enabling the firm to furnish tailored and strategic legal counsel aligned with specific legal landscapes.
“The core of our operational philosophy is a resolute client-centric approach, backed by innovative problem-solving strategies. RKV doesn't just provide legal solutions; we craft ingenious and strategic approaches to surmount the unique challenges faced by our clients. Our mission is to provide outstanding legal solutions in the chosen practice areas with a strong emphasis on ethics”, shares Sahil Malhotra.
With a nationwide presence and a commitment to understanding clients' personal positions, RKV and Associates emerges as a pioneer of unparalleled legal excellence, offering not just advice, but holistic solutions that navigate the complex legal maze while ensuring the well-being and success of its clients.
Journey and Future Roadmap
RKV and Associates embarked on a transformative journey tracing back to its inception in 1983 by the visionary Advocate B.N. Garg. The firm initially focused exclusively on catering to corporate clients, but eventually honed its reputation for delivering superior legal services, establishing a strong foundation. A significant turning point arose in 2010 with the establishment of RKV & Associates by Advocate Ravi Kant Garg, marking an expansion in services and geographic reach.
This leap facilitated the firm's evolution, propelling it towards diversification and heightened client acquisition. The subsequent incorporation of RKV TAX & RISK ADVISORY SERVICES in 2021 consolidated its expertise, emphasizing specialized tax and risk advisory services. Looking ahead, the company envisions continued growth, strengthened client relationships, and global expansion. Its legacy of resilience and strategic vision positions the firm as an influential force in the legal and advisory landscape, promising a future brimming with opportunity and success.
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