LawTech.Asia

Southeast Asia's foremost Law & Technology Review

Category: Events (Page 1 of 2)

2018 UNCITRAL Emergence Conference

Interview by Amelia Chew & Ng Sock Cheng | Edited by Irene Ng

Interview with Luca Castellani, Secretary of the United Nations Commission on International Trade Law (UNCITRAL) Working Group IV (Electronic Commerce)1

The Emergence Conference 2018, jointly hosted by the UNCITRAL Regional Centre for Asia and the Pacific and the Asian Business Law Institute (ABLI), took place on 25 July 2018 in Singapore.

The conference took stock of emerging global and regional developments relating to the harmonization and convergence of international trade and commercial law, with a focus on their impact on regionalisation, especially for Asia. It provided a platform for experts and scholars to examine the impact of these developments and to consider various areas of political interest for UNCITRAL and ABLI from a regional perspective.

We sat down with for a chat with Luca Castellani, a legal officer in the Secretariat of the UNCITRAL, where he discharges the functions of secretary of UNCITRAL Working Group IV (Electronic Commerce) and promotes the adoption and uniform interpretation of UNCITRAL texts relating to sale of goods and electronic commerce.

What are your views on the discussions held at the Emergence Conference today?

This is the third such conference we’ve had and the first of its kind in Singapore. The goal of this conference is to elicit new views on different aspects of international trade law and international business transaction laws. I find it very interesting and particularly useful that many of the presentations are related to current developments in business and law. These presentations are welcome as they are not mere speculations and have practical application in the real world.

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#LexTech18 Quick Chats: Eddie Law, eLawyer

Interview by Samuel Lim | Edited by Amelia Chew

Organised by Malaysian legal tech startup CanLaw, LexTech Conference 2018 is an APAC-wide regional legal technology conference taking place from 25 to 26 October 2018 in Kuala Lumpur that aims to drive legal tech adoption in the region and strengthen the regional legal tech community. In the lead-up to LexTech Conference 2018, the LawTech.Asia team will be bringing to you regular interviews and shout-outs covering prominent individuals who are involved in the conference.

LawTech.Asia spoke with Eddie Law, Founder and CEO of eLawyer.com.my (“eLawyer”), about the state of the legal industry in Malaysia. Eddie is a lawyer turned legal recruiter who started his career in private practice before working as an in-house counsel.

Broadly, how would you characterise the legal tech scene in Malaysia? Are Malaysian law firms embracing machine language, artificial intelligence and cloud-based services?

I think that the adoption of legal technology in Malaysia is still in its infancy. Most law firms and in-house legal departments continue to do things the traditional way. Currently, I notice that there are very few Malaysian law firms that have embraced machine learning and AI. Similarly, cloud-based services most of the times are only used for the sharing and storage of documents.

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LawTech.Asia: Media Partner for LexTech Conference 2018!

We are proud to be recognised an official media partner for LexTech Conference 2018!

Organised by Malaysian legal tech startup CanLaw, LexTech Conference 2018 is an APAC-wide regional legal technology conference. It will be happening on the 25th and 26th of October 2018 at Mercu UEM, KL Sentral, Kuala Lumpur.

#LexTech18 aims to drive legal tech adoption in the region and strengthen the regional legal tech community. This year’s event is bigger than before – with over 15 sessions covering leading-edge topics and opportunities to hear from and meet with industry leaders who are shaping the future of law. Some of the topics that will be covered in the conference include baseline technology, regulation of legal technology, AI and Big Data, as well as blockchain, cryptocurrencies and ICOs.

Image credits: CanChat

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LawTech.Asia Quick Chats: Sebastian Ko, Hong Kong’s A2J Hackathon

Interview by Jennifer Lim Wei Zhen & Amelia Chew

In this edition of LawTech.Asia’s Quick Chats series, we bring some updates from the region: Hong Kong. We spoke with Mr Sebastian Ko, concerning the recently concluded Innotech Access to Justice Hackathon (“A2J Hackathon”) in Hong Kong. Sebastian was convenor of the A2J Hackathon, and is also a Member of the Law Society of Hong Kong’s Innotech Committee.

The A2J Hackathon took place from 7-8 April 2018, and featured 25 solutions ranging from chatbots to matching platforms to document assemblers.

There were other legaltech hackathons that took place in Hong Kong earlier this year, such as the LegalTech and RegTech Hackathon that was part of the Global Legal Hackathon. How did the A2J Hackathon differentiate itself?

With over 120 participants and over 60 mentors, guests and supporters, the A2J Hackathon should be the largest legaltech hackathon in HK so far. It’s other differentiating point is that it was the first hackathon in Asia to be led and organised by a professional regulator, and the first “law and tech” hackathon to focus specifically on enhancing the public’s access to justice.

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TechLaw.Fest 2018 – Meeting Where It Matters

Written by Josh Lee | Edited by Amelia Chew

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 more than 1,000 legal professionals, technologists, entrepreneurs and regulators to participate in critical conversations about the future of the legal community. This article shares some of the common themes that emerged across the three days of TechLaw.Fest, highlighting the state of legal technology in Singapore and situating its development in Southeast Asia and the world.

Keynote address by Mr Brad Smith (President and Chief Legal Officer, Microsoft) at the Law of Tech Conference, TechLaw.Fest 2018 (Photo credit: Singapore Academy of Law)

The state of law and technology in Singapore

In recent years, there has been a growing buzz around law and technology in Singapore. In his opening address at the Law of Tech Conference, Minister-in-Charge of the Smart Nation initiative Dr Vivian Balakrishnan highlighted seven major technology trends making a global impact today:

  1. Declining marginal cost of replicating, storing and transmitting information;
  2. Declining marginal cost of computing;
  3. Accelerated clock speed of technology;
  4. Wide deployment of sensors leading to an explosion of data;
  5. Increasing capacity to analyse data;
  6. Disruption caused by robotics; and
  7. Progress in artificial intelligence.

Minister Balakrishnan observed that these technological trends “interact and catalyse virtual cycles, feeding and accelerating one another”. The interaction and reinforcement of these trends have political and socio-economic ramifications, such as the creation of echo chambers and filter bubbles that threaten to disrupt the fabric of society.

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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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TechLaw.Fest Quick Chats: Yeong Zee Kin, PDPC

Interview by Josh Lee | Edited by Amelia Chew

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 Yeong Zee Kin, Assistant Chief Executive of the Infocomm Media Development Authority (IMDA) and Deputy Commissioner of the Personal Data Protection Commission (PDPC). Zee Kin was a panelist on the Smart Regulation for a Smart Nation panel and the chairperson of the Legal Issues in Legal Tech panel.

Having participated in two panels over the course of TechLaw.Fest 2018, what were some of your key takeaways from the two panels that you were in?

Both panels revolved around the same theme but we approached it from different directions. The first panel (“Smart Regulation for a Smart Nation”) approached it from the perspective of the regulator and examined what kind of regulations are required. This panel focused more on potential regulatory models and discussed different perspectives of how regulatory sandboxes are used. The FinTech Regulatory Sandbox by the Monetary Authority of Singapore (MAS) is one such regime that allows for the ability to control license terms. There are some guidelines that we can potentially look to, such as the materiality test for determining when the risk becomes material and regulation should kick in.

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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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UNCITRAL E-Commerce Law 2.0: Blockchain and Smart Contracts

Guest Post by Irene Ng

Irene Ng is a Fellow at the Stanford-Vienna Transatlantic Technology Law Forum and a Ph.D. Candidate at the University of Vienna. On March 17, 2018, Irene shared about how UNCITRAL e-commerce texts can interact with blockchain and smart contracts at the Computational Law & Blockchain Festival, Singapore Node. The following post is a summary of her presentation and answer to some queries that were asked.

1. What is UNCITRAL?

UNCITRAL stands for the United Nations Commission for International Trade Law. It is the main body of the United Nations that aims to promote trade amongst states through modernizing and harmonizing rules for international commerce. UNCITRAL has undertaken work in a wide range of commercial law issues, such as micro, small and medium enterprises (MSMEs), arbitration and conciliation, investor-state dispute settlement reform, electronic commerce, insolvency law, security interests and international sale of goods.

2. What are UNCITRAL E-Commerce Texts and how are they related to Singapore’s e-commerce laws?

In the field of e-commerce, UNCITRAL has released four texts in the last two decades or so. The first legislative text was the Model Law on Electronic Commerce (1996). Subsequently, UNCITRAL released the Model Law on Electronic Signatures (2001), the Electronic Communications Convention (2005), and, more recently, the Model Law on Electronic Transferable Records (2017). These texts intend to facilitate e-commerce transactions by establishing rules to allow the electronic equivalent of paper-based documents to be legally recognised, thereby removing obstacles encountered by the use of electronic means.

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TechLaw.Fest Quick Chats: Serena Lim, Bizibody

Interview by Audrey Koo and Eugene Tham | Edited by Jennifer Lim Wei Zhen

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.

LawTech.Asia sat down for a chat with Serena Lim, Director at Bizibody Technology, Opus 2 International (Singapore) and Litigation Edge. Prior to founding Bizibody, she was the managing director of Khattar Wong & Partner’s Hong Kong Office. She is, inter alia, a specialist in practice management technologies, and is a consultant for discovery, litigation and court technologies.

At TechLaw.Fest 2018, Serena will be a panellist at the “Legal Tech Primer Session” at the Tech of Law Exchange. She will be introducing current legal research, document review and knowledge management tools.

What are some examples of legal secretarial work that are repetitive, and which your company has helped automated?

Two examples are (1) billings and (2) document preparation. These are areas of legal practice in which automation is possible and useful.

Let me illustrate what a law firm has to do without the aid of automation when issuing  bills or doing substantive legal work such as conveyancing, personal injury, debt collection and corporate secretarial work.

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