LawTech.Asia

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Category: Law Firms Page 11 of 13

Asia Law Network Launches Practice Management Software

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On 8th October 2018

In Access to Justice, Law Firms, Legal Innovation

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.

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

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On 29th September 2018

In Artificial Intelligence, Automation, Events, Interviews, Law Firms, Lawyers, Legal Innovation, Regulations

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.

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#LexTech18 Quick Chats: Eddie Law, eLawyer

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On 30th August 2018

In Artificial Intelligence, Events, Interviews, Law Firms, Lawyers, Legal Innovation

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.

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Joint Call For Papers Law x Technology: Transforming the face of the Law

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On 22nd July 2018

In Artificial Intelligence, Automation, Blockchain, Contracts, Cybersecurity, Data Privacy, Dispute Resolution, E-Discovery, Law Firms, Legal Innovation, Legal Research, Policy, Regulations

Reading time: 2 minutesTechnology disrupts for the better of those prepared. Legal practice is hardly impervious to the implications that technology brings. The advent of blockchain and machine learning technologies is an opportunity, and a potential cost if not pursued. Conversely, the use of technology is equally subject to legal regimes and institutions. Developing a sensitivity to the mutual interaction of the two forces is of utmost urgency as governments and peoples search for a firm footing.

The Singapore Law Review (“SLR”), Asia’s oldest student-run legal publication, and LawTech.Asia, Southeast Asia’s foremost law and technology review, are collaborating on a special issue of the Singapore Law Review journal and LawTech.Asia online publication on the theme “Law x Technology: Transforming the face of the Law”.

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TechLaw.Fest 2018 – Meeting Where It Matters

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On 27th June 2018

In Artificial Intelligence, Automation, Dispute Resolution, Events, Internet Governance, Interviews, Law Firms, Lawyers, Legal Innovation, Legal Research, Policy, Regulations

Reading time: 7 minutesWritten 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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