Survey finds the legal industry navigating a period of unprecedented change, in which social and technological trends are transforming it like never before. The past five years have been complex, unpredictable and dynamic, and no one expects the next five to be any easier. But, as the Future Ready Lawyer surveys always show, this is…
“First Who, Then What” is a core principle advocated by Jim Collins in his influential book, “Good to Great.” This concept challenges the conventional wisdom of setting strategic goals (“what”) before assembling the team (“who”). Collins argues that building a strong, high-performing team is the foundational step towards achieving greatness. He emphasizes that the right…
In the past, leadership models often emphasized a command-and-control approach, where leaders dictated directives and expected strict adherence. However, today’s dynamic business landscape necessitates a more adaptable and flexible leadership style. This article explores the seven key tensions that modern executives must navigate to effectively lead in this complex environment. These tensions highlight the need…
Rest is not a luxury, but a necessity for productivity and creativity. In the book “Rest: Why You Get More Done When You Work Less” the author, Alex Soojung Kim Pang, argues that prioritizing rest, which the author calls “deliberate rest,” is actually the key to increased productivity and a better life. Rest is as…
In the past few years, organizations have been hit by more shocks than in the previous decades, forcing them to adapt and build resilience —an organization’s ability to withstand a change or challenge, then emerge stronger from it — at a pace that few are prepared for. The advantages of building resilience include faster and…
Rule 1 – Be Willing to Take the Risk of Acting: Power requires taking calculated risks and acting decisively, even in the face of uncertainty. Rule 2 – Never Lose Sight of the Big Picture: Keep your long-term goals and vision in mind, and make decisions that align with them, even if they require short-term…
Have you ever had to get a document notarized? It’s a common requirement for many legal and official processes. But what exactly does “notarized” mean? A notary public is a public officer who is authorized to witness and certify the signing of important documents. The word “notary” comes from the Latin word “nota,” meaning “note,”…
Agreements that restrict someone’s ability to engage in a lawful trade or business are generally void under the Contract Act, 1872. This is because such restraints can stifle competition and harm public interest. However, there are some exceptions. One exception is the sale of goodwill. When a business is sold, the seller can agree not…
What is Basic Structure Theory? The term “basic structure” essentially refers to the fundamental and indispensable elements of a constitution. These are the core principles upon which the entire constitutional framework rests. From a constitutional perspective, the basic structure encompasses crucial elements that belong inherently to the people, such as: These core elements are considered…
First of all, the Information Technology Act, 2000 (the Act) and the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules (Privacy Rules), 2011. The Privacy Rules distinguishes both ‘personal information’ and ‘sensitive personal information’ and included ‘financial information’ such as bank account/credit or debit card or other payment instrument…