RAVI SIGHANIA

&COMPANY
INTRODUCTION TO CASE

■ Case primarily deals with

– Expectations from employees
– Aligning organizational goals
– Right people in right position
– Growth opportunity
– High attrition rate in the industry
– Employee morale improvement
– Employee recognition
ABOUT THE COMPANY

■ Started by Ravi Singhania in 1999

■ High growth from 2 lawyers in 1999 to 50 in 2006
■ 4 offices – Delhi, Mumbai, Banglore, Hyderabad
■ Current status:
– 10 locations in India,2 overseas, 200 lawyers
– First law firm to set up offices abroad
■ Cross functional work ie. Project finance, litigation,
M&A, FDI, Capital markets, Real estate, Tax etc.,
PEST ANALYSIS

Political: Economic: Social: Technologica

Indian Advocate Liberalization saw Better pay required l fficient service of
E
Act of 1961 – no in huge demand and job shifting clients required
foreign firms were and less supply of tendency system and
allowed law professionals processed to be
Liberalization Better standard of streamlined
opened up multiple living – More State of art
competitors expectations infrastructure
needed to be
implemented
SWOT
Strength
Great People Management
system
Competent employees
Wide experience in cross
functional areas
Opportunities
Expand beyond India
Look for other verticals within
law
Weaknesses
High expenditure on resources
High attrition rate of industry
Employees’ alignment with
organizational goals
Threat
Nature of industry
Competitor rivalry
People Management Practices

■ Employees – Core assets of organization

■ Employees over processes
■ Intellectually stimulated
■ Bi weekly open house- Opportunity to learn
■ Open communication
■ Weekly senior management meeting
■ Merit based career growth
■ Ad hoc appraisals
■ Annual firm retreats
■ Work like balance – Appropriate allocation of resources
Recommendations

■ Discussion about career development

■ Develop proactive leadership management system
■ Deliver a sense of organizational importance – They matter to the
organization
■ Ensure a sense of achievement upon client satisfaction
■ Complete ownership of the work by every individual
■ More training and development sessions