LawTech.Asia

Southeast Asia's foremost Law & Technology Review

Category: Legal Innovation (Page 1 of 3)

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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People: Andrew Arruda

Interviewed by Josh Lee | Edited by Samuel Lim

Andrew Arruda is the CEO and co-founder of ROSS Intelligence, the successful legal technology company that harnesses AI and natural language processing to enhance lawyers’ research capabilities on the ROSS research engine. Recognised as an inspiring legal mind in the field of AI, Andrew made the Forbes 30 under 30 list in 2017. He recently visited Singapore to deliver the closing keynote speech at TechLaw.Fest 2018, a legal technology conference that brought together the best minds in law and technology.

LawTech.Asia, a media partner of TechLaw.Fest, is honoured to have Andrew share with us the traits of a good legal technologist and the future use of AI in the legal industry.

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Cross Platform App Development for the Legal Tech industry

Guest Post By Wilson Foo Yu Kang | Edited by Jennifer Lim Wei Zhen & Josh Lee

Wilson is an Advocate & Solicitor of the Singapore Bar. He works at Trident Law Corporation. He is also a Cross Platform App Developer. He has developed the legal apps JusQuaere and Caselist.

What is cross-platform app development?

The term “cross platform” has been bandied about in a variety of ways, especially since the creation of the Java language which allowed programs to run on different types of devices and operating systems. In this article, cross platform app development will be used in the sense of writing a single software application which runs across multiple platforms. A platform can mean many things – it can mean hardware architecture (e.g. ARM, the usual chips used in phones as compared to AMD64/x64, the usual chips used in desktops and laptops), operating system (Android, iPhone, Windows, Mac, Linux), type of deployment (native versus web) etc. I will generally be focusing on the applications which can run across the web/native divide as well as multiple device type (i.e. iPhone, Android and desktop), and how it impacts the legal tech landscape.

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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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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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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: 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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