LawTech.Asia

Southeast Asia's foremost Law & Technology Review

Author: Amelia Chew (Page 1 of 2)

TechLaw.Fest Quick Chats: Marlon P. Valderama, LexMeet

Interview by Amelia Chew | Edited by Jennifer Lim Wei Zhen

LawTech.Asia had the privilege of being a media partner for TechLaw.Fest 2018. The inaugural TechLaw.Fest held from 4 to 6 April 2018 saw the convergence of legal professionals, technologists, entrepreneurs and policy makers, conversant and passionate about Technology Law and Legal Technology, coming together to discuss the future of Singapore’s technology scene. During TechLaw.Fest, the LawTech.Asia team met with various speakers, exhibitors and attendees to learn more about the work that they do and their experience at the conference.

LawTech.Asia sat down for a chat with Marlon P. Valderama, President and CEO of LexMeet, Inc. LexMeet, Inc. is a legal tech company from the Philippines which participated as an exhibitor that TechLaw.Fest. It was also a shortlisted contestant for the Singapore Legal Tech Venture Slam Pitching Competition and a speaker at the Tech Talk stage. Marlon is a lawyer by profession and manages his law firm, Valderama Law Office, specialising in corporate and litigation. He pioneered e-lawyering in the Philippines with his virtual law office, E-Lawyers Online. Marlon also uses his own legal practice management software, E-Law Solutions App (ELSA).

Could you tell us more about LexMeet?

LexMeet is a real-time online legal consultation platform, a webspace where lawyers and clients meet to solve legal problems. It is like the Uber of lawyers, where a client can seek a lawyer’s advice with just a few clicks. Instead of matching an Uber rider with the nearest Uber driver, here you have a client being matched to a lawyer. The client’s legal problem and needs are matched with the lawyer’s expertise, location and language. LexMeet serves as a bridge for lawyer and client to meet via videoconferencing.

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The Power and Pitfalls of Smart Contracts: A Recap

Written by Chelsea Chan | Edited by Amelia Chew & Irene Ng

LawTech.Asia had the privilege of being a media partner for TechLaw.Fest 2018. The inaugural TechLaw.Fest held from 4 to 6 April 2018 saw the convergence of legal professionals, technologists, entrepreneurs and policy makers, conversant and passionate about Technology Law and Legal Technology, coming together to discuss the future of Singapore’s technology scene. This article summarises one of the panel discussions held on 5 April 2018 titled “The Power and Pitfalls of Smart Contracts”.

The discussion was chaired by Joyce A. Tan (Joyce A. Tan & Partners); and the panel comprised of Ashton Addison (CEO and Founder, Eventchain.io), Sopnendu Mohanty (Chief Fintech Officer, Monetary Authority of Singapore), Hirofumi Aihara (General Manager of Digital Innovation, Mitsubishi UFJ Financial Group), Tomasz Kurcyzk (Digital Transformation Director, AXA Singapore) and Stella Cramer (APAC Head of Technology & Innovation, Norton Rose Fulbright).

After the introduction by Joyce Tan, Ashton Addison elaborated on the basics of a smart contract and potential technological pitfalls. A Smart Contract is an agreement converted into a small piece of software, which stores the rules and terms of the agreement and when met automatically executes exactly how it was coded. The appeal of a Smart Contract lies in its automation and that it is fully transparent, so the code reflecting contractual terms can be seen by anyone regardless of privity to contract. However, bugs in the code may lead to loss of funds. Further, large transactions are currently not possible since Ethereum can only handle 13 transactions per second, potentially creating a significant backlog if applied to current business transactions.

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TechLaw.Fest Quick Chats: Hugh Mason, JFDI.Asia

Interview by Amelia Chew

TechLaw.Fest 2018 will bring together leading Technology Law thinkers and Legal Technology vendors from 4 to 6 April 2018 at Suntec Convention Centre, Singapore. Within it, the TechLaw.Fest Hackathon will be an intense, fast-paced 48-hour event challenging legal professionals, software developers and designers to come up with out-of-the-box solutions to problems faced by lawyers, in-house counsels and users of legal services. The event has a particular focus on personal data protection and the challenges faced by data protection officers (DPOs) in Singapore. The top three teams will receive prize vouchers worth up to $12,000 and the opportunity to develop their solutions further under SAL’s Future Law Innovation Programme (FLIP) Accelerator Programme.

Hugh Mason, CEO of JFDI.Asia, is partnering with the Singapore Academy of Law (SAL) to operate the FLIP Accelerator and will also serve as a judge in the TechLaw.Fest Hackathon. Here, the LawTech.Asia team asked him how he saw teams from the hackathon following through to make their ideas real.

We understand that you will be running the accelerator programme under SAL’s Future Law Innovation Programme (FLIP). How does this fit into SAL’s Legal Tech Vision?

One way of thinking about innovation is to see it on three ‘Horizons’.

Horizon 1 is the known world of work we see today: the core business of lawyers and their clients as we know it. Here we are looking for efficiency savings by using off-the-shelf productivity tools. The LIFTED programme at SAL addresses this aspect of the SAL Legal Tech Vision, as does the incubator at Collision 8.

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TechLaw.Fest Quick Chats: Alexis Chun, Legalese

Interview by Amelia Chew | Edited by Utsav Rakshit

TechLaw.Fest 2018 will take place from 4 to 6 April 2018 in Singapore, bringing together leading thinkers in the space of Technology Law and leading makers in the space of Legal Technology. In the lead-up to TechLaw.Fest, the LawTech.Asia team will bring you regular interviews and shout-outs covering prominent speakers and the topics they will be speaking at TechLaw.Fest. 

This week, LawTech.Asia sat down for a chat with Alexis Chun, Co-Founder of Legalese. Alexis will be speaking at the Law of Tech Conference on the panel titled Legal Issues in Legal Tech.

What are your views on SAL’s Legal Tech Vision? 

The Legal Tech Vision is a commendable effort and a step in the right direction. I applaud SAL for taking on the important task of thought leadership in the industry. It’s heartening to see the sentiment of LegalZoom’s Eddie Hartman being echoed, i.e., that we should enlist non-lawyers to help fix the legal market. Indeed, there is a distinction between the legal industry and the legal profession. Not drawing that distinction clearly obfuscates a couple of key points: What is the role of the lawyer? How much of advice hinges on having gone to law school? How much of it is applied experience or business strategy? Is law a service industry or one that sells products? What about the decoupled parts of “law” — corporate secretaries, legal executives, patent agents, etc?

I look at that and think, now, how will that change in this software eaten world?

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Initial Coin Offering: an Inaccurate Term with an Imperfect Regulator

Guest Post by Patrick Dahm

(Editor’s note: This article was originally published on Patrick’s blog here. We would like to thank Patrick  for graciously allowing us to reproduce this article on this site for our readers.)

This is my speech at the first Computational Law & Blockchain Festival – Singapore Node on 17 March 2018. In it, I tried to explain what initial coin offerings are, why governments all over the world eye them curiously, and how governments regulate them – if they regulate them. I also questioned why brick and mortar governments regulate something so digital.

Hi, I’m Patrick.

I’m a lawyer. I practise cyberlaw, as I like to call it. Although this is derived from the term cyberspace, which seems to be a bit vintage. It shouldn’t be, if you ask me.

I’m here to talk about initial coin offerings, or ICOs. I shall try to do so, and then some.

To be honest, I’m not a fan of initial coin offering as a term. Neither is the MAS, the Monetary Authority of Singapore, which doesn’t call them that. The MAS calls them digital token offerings, which is so much better.

Here’s why.

Initial Public Offerings

Initial coin offering resembles the traditional term initial public offering. An initial public offering is the first time shares of a private company are offered to the public. Think of listings on the stock exchange.

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TechLaw.Fest Quick Chats: Matt Pollins, CMS Singapore

Interview by Utsav Rakshit | Edited by Amelia Chew

TechLaw.Fest 2018 will take place from 4 to 6 April 2018 in Singapore, bringing together leading thinkers in the space of Technology Law and leading makers in the space of Legal Technology. In the lead-up to TechLaw.Fest, the LawTech.Asia team will bring you regular interviews and shout-outs covering prominent speakers and the topics they will be speaking at TechLaw.Fest.

This week, LawTech.Asia sat down for a chat with Matt Pollins, Partner at CMS Singapore and CMS “Innovation Champion”. He leads the Commercial and Technology, Media and Communications team. Matt will be speaking at the Tech of Law Exchange on the panel titled Deliberate Disruption: A Tale of Three Law Firm Tech Journeys.

What steps has CMS taken to embrace new technologies?

CMS has been investing in legal technology for the past 20 years. If you rewind to the 90s, CMS first started using platforms like document automation in our Real Estate and Finance practice groups.

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TechLaw.Fest Quick Chats: Cherilyn Tan, Asia Law Network

Interview by Amelia Chew & Wan Ding Yao | Edited by Josh Lee

TechLaw.Fest 2018 will take place from 4 to 6 April 2018 in Singapore, bringing together the movers and shakers in the space of Technology Law and Legal Technology. In the lead-up to TechLaw.Fest, the LawTech.Asia team will be bringing to you regular interviews and shout-outs covering prominent speakers and the topics they will be speaking at TechLaw.Fest. 

This week, LawTech.Asia sat down for a chat with Cherilyn Tan, Founder and CEO of Asia Law Network. Cherilyn will be conducting a Legal Tech Primer Session titled, “What works for you? Professional Networking, Client Management and Business Development Platforms”.

In your view, what goes into building a brand or a reputation?

Brand and reputation are two separate things. To build a brand is to be consistent in building and executing something. When it comes to building a reputation, it’s what you want that brand to represent. If you are consistently delivering the same mission, vision and values, then that goes towards your reputation. Your brand can be good or bad, depending on what you’re consistently doing, but your reputation is what you stand for.

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The Future of Law Conference 2017: Charting the Converging Paths of Law and Technology

Written by Amelia Chew & Jerrold Soh

Editor’s note: This article was originally published on Singapore Law Blog. We would like to thank Singapore Law Blog for graciously allowing us to reproduce this article on this site for our readers.

Jointly organised by the Centre for Cross-Border Commercial Law in Asia at the Singapore Management University (SMU) School of Law and Osborne Clarke, the inaugural Future of Law Conference that took place from 26 to 27 October 2017 brought together leading academics and practitioners from around the world to tackle issues at the intersection of law and technology. This article provides but a snippet of the insights discussed at the conference.

The Relationship Between Humans & Artificial Intelligence

In his opening keynote speech, Professor Ian Kerr (University of Ottawa) spoke about the ethical and legal concerns surrounding delegating previously exclusively-human decisions to machines. Given that we are only at the stage of artificial narrow intelligence (ANI) at the moment, the concern is less about a dystopian future where robots may potentially overthrow humans and more about how we can manage the relationship between artificial intelligence (AI) and humans. As an increase in machine autonomy correlates with a decrease in human control, it is crucial to establish safeguards to deal with a situation where a machine demonstrates emergent behaviour.

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The 8th Asia Pacific Mediation Forum Conference in Vietnam

Interview by Amelia Chew & Josh Lee

Interview with Thomas G. Giglione, Online Dispute Resolution expert and Convenor of the 8th Asia Pacific Mediation Forum Conference

The 8th Asia Pacific Mediation Forum (APMF) Conference taking place in Da Nang, Vietnam from 11 to 13 November 2017 aims to enhance cooperation, collaboration and networking on issues relating to mediation and other conflict transformation processes. The theme for the conference this year is “The Future of Mediation in the Asia Pacific Region” and the role of technology in dispute resolution processes is set to be a key topic discussed at the conference. We sat down with the Convener for the 2017 APMF Conference, Thomas G. Giglione, to find out more about the plans for the conference.

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Alex Toh LawTech.Asia

People: Alex Toh, Masters in Law, Science and Technology at Stanford Law School

Interview by Amelia Chew & Stella Chen

Alex Toh is currently pursuing a Masters in Law, Science and Technology at Stanford Law School. After graduating from the National University of Singapore (NUS) Faculty of Law in 2007, Alex started his legal career with the Litigation & Dispute Resolution department of Drew & Napier, and worked as legal counsel for Asia Pacific at American semi-conductor company Xilinx. Alex was a committee member of the Singapore Corporate Counsel Association (SCCA), and founded their young lawyers committee – Peers.

In this interview, Alex shares about his own experience searching for what he wants to do, how he ended up at the intersection of law and technology, and how law students should approach their future careers.

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