BWI: Ajay Agrawal to Step Out of His Role as Chief Solutions Officer of UnitedLex

Press release from Business Wire India
Source: UnitedLex Corporation
Monday, June 27, 2011 10:30 AM IST (05:00 AM GMT)
Editors: General: Consumer interest, Law & justice; Business: Accounting & management consultancy services, Banking & financial services, Business services, Information technology, Law firms; Technology
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Ajay Agrawal to Step Out of His Role as Chief Solutions Officer of UnitedLex
To setup new global venture in risk and fraud management solutions for the payment industry

Gurgaon, Haryana, India, Monday, June 27, 2011 -- (Business Wire India) -- UnitedLex Corporation, a global service provider of technology-powered legal and business solutions, today announced that Ajay Agrawal, co-founder and Chief Solutions Officer has resigned from the board of directors of the company, effective June 15, 2011 to pursue a new venture outside UnitedLex. Ajay's new venture will provide a range of path-breaking, unique analytical tools and services in the areas of credit, operational and fraud risk enabling businesses in the global payment industry in early identification and substantial reduction of potential and on-going losses.

UnitedLex acknowledges Agrawal's valuable contributions during the last five years which saw UnitedLex emerge as leading provider of legal process services. UnitedLex has implemented a transition plan for the company that is in the best interests of its customers, employees and shareholders. Commenting on Ajay's decision to move on, UnitedLex's CEO, Daniel E. Reed said, "Ajay is a remarkable entrepreneur who has provided leadership and innovation which have contributed to UnitedLex's success. We wish him all the best for the future." "

Commenting on the move, Ajay Agrawal said, "UnitedLex is a great company and I wish all the people of UnitedLex much success in the future. It is with sadness that I am leaving UnitedLex. However, it is because of UnitedLex's incredible success in creating technology-powered solutions for the legal domain that I feel inspired to explore exciting global opportunities in the financial sector. The global challenge to manage payment-related risk and fraud is increasing and my focus for the future will be to bring together the best brains and technologies in offering a comprehensive solution."

Ajay has twenty years of progressive leadership experience as an entrepreneur and corporate lawyer. From 1994-2006, he was a securities law expert in some of the world's leading firms and investment banks. In October 2006, Ajay struck out as an entrepreneur and co-founded UnitedLex Corporation in the legal process outsourcing and strategic legal technology space. He was part of the leadership team that led the UnitedLex through a period of rapid growth and geographical expansion by developing a new range of technology-powered solutions in the domains of contracts management, patent analytics and trademark solutions and has several pending patents as an innovator.

About UnitedLex

UnitedLex (www.unitedlex.com) is a global leader in providing technology powered legal and business solutions. We deliver success in the fields of litigation, electronic data discovery, document review, contract review and management, intellectual property, legal research, immigration and law firm support. Leveraging more than 650 professionals in seven global offices and two data centers, UnitedLex empowers leading global corporations and law firms by providing them with the insight and applications to reduce costs and solve complex legal and business challenges. Our solutions approach has been carefully crafted to take advantage of our unique combination of strategic insight, deep industry expertise and technology. Follow us on Twitter: http://twitter.com/UnitedLex.


CONTACT DETAILS
Ajay Agrawal, +91 9810115965, ajay.agrawal66@gmail.com

KEYWORDS
CONSUMER, LAW, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, IT, LAW FIRMS, TECHNOLOGY

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