UnitedLex expects 80% revenue growth this fiscal

With addition of new clients and increased orders, legal solution outsourcing firm UnitedLex expects

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to close this financial year with 80 per cent growth in its revenue at $45 million.

"Last financial year, we clocked revenues of $25 million. This year, we are expecting $45 million," UnitedLex Global Chief Operating Officer Pavan Vaish told PTI.

He said, "The drive in client growth is due to increased depth at existing clients. We added eight new Fortune Global 500 clients."

He added that the growth was primarily driven by greater adoption of our technology powered service solutions in the area of litigation, contracts and intellectual property.

Vaish, a former IBM CEO, recently joined company to oversee daily business operations and will be responsible for managing UnitedLex's business objectives in all geographies.

He said based on his experience at IBM, he will soon build various processes at UnitedLex to expand its business.

"I am looking at integrating business analytics solution in our offering. Analytics is next phase of growth in legal process industry," Vaish said.

UnitedLex has a total of 650 employees in India. The company provides technology enabled legal solutions to law firms and corporate clients in US, UK, Israel and India.

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