Asia's Leading Law & Technology Review

Category: Law Firms Page 10 of 13

Rajah & Tann Technologies Acquisition of LegalComet

Reading time: 4 minutes

Written by Marc Chia | Edited by Amelia Chew

Rajah & Tann Technologies (R&T Technologies), the dedicated tech arm of Rajah & Tann Asia recently completed its acquisition of LegalComet for an undisclosed sum.

Rajah & Tann has long been one of the leading law firms in Singapore. In more recent times, the firm has begun exploring the delivery of tech-augmented legal services, most notably through the setup of Rajah & Tann Technologies in 2017. This move has placed Rajah & Tann alongside prominent international names such as Linklaters and Allen & Overy, both of which are recognised for their strong innovation efforts. Linklaters and Allen & Overy have set up incubators in order to nurture and work alongside legal tech startups to change the business of law.

In contrast, R&T Technologies’ current model of operations is not based on incubation of startups but rather acquiring and offering capabilities in legal tech itself. The team has identified six key areas of expertise: Data Breach Readiness & Response; Cybersecurity; Virtual Law Academy; E-Discovery; LegalTech; and RegTech. R&T Technologies’ offerings are designed for both their existing clientele as well as other law firms seeking to implement legal tech solutions. Headed by Rajesh Sreenivasan and Steve Tan as Directors; Wong Onn Chee as Technical Director; and Ong Ba Sou as Chief Technology Officer, the R&T Technologies team brings with them a broad range of experience in law, technology and project management.

Legal Technology in Singapore

Reading time: < 1 minute

Written by Amelia Chew, Jennifer Lim Wei Zhen, Josh Lee Kok Thong, and Tristan Koh

The LawTech.Asia is proud to publish the first-ever detailed outline of the legal technology sector in Singapore (as far as we are aware)!

This article is the result of a months-long project to map out the root, state and outlook of the legal technology sector in Singapore, and furthers LawTech.Asia’s fundamental purpose of improving awareness, knowledge and interest in legal technology. It is hoped that this article will be a helpful piece for legal professionals, legal technologists and law students to have a bird’s eye-view of legal technology in Singapore, and to assist in the building of a thriving legal tech community in Singapore. 

While intended to be extensive, the article does not purport to be exhaustive or authoritative, or to express the position of any particular organisation or initiative. This article will be a “living document” that will continue to be updated as more news comes to the fore.

To access the article, click here!

At the outset, the authors wish to express thanks for the innumerable sources of information available online, without which this project would not have been possible. Any mistakes herein remain the authors’ own.

Asia Law Network Launches Practice Management Software

Reading time: 4 minutes

Written by Marc Chia | Edited by Amelia Chew

Legal marketing platform Asia Law Network recently launched an end-to-end practice management solution for lawyers called Tessaract. In line with the industry push for adoption of legal tech, most recently through the Tech Start For Law Programme, the ALN team is offering a special limited time promotion of only $10 per user per month until 31 October 2018 for law firms. The promotional price represents a drastic fall in cost of adoption even before taking into consideration the availability of grants or subsidies.

What is Tessaract

Tessaract is one of the four practice management solutions featured by the Law Society of Singapore, alongside CLIO, Affinity and CoreMatter. Each system supports the day-to-day operations of legal practice in varying ways.

Tessaract purports to handle all aspects of legal practice starting from the first meeting with a client all the way till billing is completed. Tessaract’s cloud-based solution not only includes workflow management, client management, and knowledge management but also includes a whole suite of tools such as Optical Character Recognition (OCR) functionality and Voice over Internet Protocol (VoIP) calls, designed to address the most most pressing pain points of law firms.

#LexTech18 Quick Chats: Fareez Shah, Fareez Shah & Partners

Reading time: 4 minutes

Interview by Amelia Chew | Edited by Huiling Xie

Organised by Malaysian legal tech startup CanLaw, LexTech Conference 2018 is an APAC-wide 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 Fareez Shah, Managing Partner at Fareez Shah & Partners (FSP). Since the inception of FSP, Fareez Shah has represented and acted for various startups and social enterprises with various types of work, which includes setting-up, fundraising, compliance and risk management. In this interview, Fareez shares about his experience in implementing tech solutions within his practice.

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 can’t speak on behalf of other law firms, but I can share my firm’s view of the legal tech market in Malaysia. Fundamentally, as I believe that the implementation of new technology is meant to improve productivity and in turn improve the quality of work and revenue, I will look at the ROI before investing in new tech. For a small firm like ours, we would love to adopt and embrace more technologies such as Machine Learning, Artificial Intelligence (AI) and Cloud-Based Services. However, most of the off-the-shelf products are either (a) too expensive (e.g. Clio, Tessaract, KIRA) and/or (b) not suitable for local usage (e.g. ROSS and eBrevia). A good example is MailChimp, which we use to automate some of our routine emails. However, as MailChimp is a platform built for e-commerce, it is not a full solution for us and we have to use it in combination with platforms for other services such as payment collection.

#LexTech18 Quick Chats: Eddie Law, eLawyer

Reading time: 5 minutes

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.

Page 10 of 13

Powered by WordPress & Theme by Anders Norén