MTI Consulting launch legal joint venture with oldest law firm in Sri Lanka
MTI Consulting has established a joint venture in Sri Lanka for legal process out-sourcing with one of the nation’s leading corporate and commercial law firms F. J. & G. de Saram.
The boutique management advisory, which was founded in Sri Lanka alongside Bahrain just over twenty years ago, will join with F. J. & G. de Saram offshoot Efjay E-Legal in the new Legal Source venture to offer services including contract management, legal research, legal support, and intellectual property documentation to local and international clients.
“Today, any business – be it a start-up or a multi-national – has to deal with cumbersome legal aspects in their respective line of business,” MTI’s CEO Hilmy Cader said, commenting on the new joint venture, “This makes it difficult to focus on the value adding activities of the business as considerable time, effort and money is spent for legal matters. We believe that the high standard of customised solutions offered will help our clients focus on what matters, while we take care of the rest.”
With lines in strategic planning, performance management, corporate re-structuring and finance, M&A, human resources, marketing and market entry among others, MTI is a well-known name in the local consulting sphere – and increasingly beyond, including in Bangladesh, where the firm has been engaged by Save the Children as one of its now 600-plus diverse sector assignments completed in over 43 countries world-wide.
J. & G. de Saram is certainly no stranger in Sri Lankan circles either – founded in the then British colony over 175 years ago. Drawing from its rich history and expertise, in 2002 the firm established Efjay E-Legal to provide outsourced knowledge process solutions for external legal and corporate entities, the firms together serving most of the largest local and multinational organisations operating in the country.
“Understanding the timely need for customised legal outsourcing solutions, we are excited to launch Legal Source in partnership with MTI Consulting,” Shehara Varia, Partner at F. J. & G. de Saram and Director of Legal Source, said. “Our years of expertise in handling legal matters combined with MTI’s experience in strategy and market research will ensure that our clients receive the highest quality of service while ensuring value for money.”
Christine Fernando, a business analyst with MTI, will act as Project Manager at Legal Source, while the consulting firm’s CEO has previously spoken of further new ventures to be expected this year (believed to be six altogether, with at least two of those in the final stages of the launch process). Speaking at the recent launch of a new Sri Lankan office, Cado said, “It’s a little too premature to get into specifics now, but watch this space for some exciting news in 2018.”