RAVI SIGHANIA

&COMPANY
Team Indu Jain
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: Technological

Indian Advocate Act of Liberalization saw in Better pay required Efficient service of
1961 – no foreign huge demand and less and job shifting clients required system
firms were allowed supply of law tendency and processed to be
Liberalization opened professionals streamlined
up multiple Better standard of State of art
competitors living – More infrastructure needed
expectations to be implemented
SWOT
Strength Weaknesses
Great People Management system High expenditure on resources

Competent employees High attrition rate of industry

Employees’ alignment with organizational
Wide experience in cross functional areas
goals

Opportunities Threat

Expand beyond India Nature of industry

Look for other verticals within law 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