Category: Legal Innovation Page 17 of 21

People: Andrew Arruda

On 26th June 2018

In Artificial Intelligence, Lawyers, Legal Innovation, Legal Research, People

Reading time: 3 minutes

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.

Cross Platform App Development for the Legal Tech industry

By Jennifer Lim

On 24th June 2018

In Legal Innovation

Reading time: 4 minutes

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.

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

By Amelia Chew

On 15th May 2018

In Events, Interviews, Lawyers, Legal Innovation

Reading time: 5 minutes

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.

TechLaw.Fest Quick Chats: Yeong Zee Kin, PDPC

By Josh Lee

On 12th May 2018

In Artificial Intelligence, Automation, Contracts, Data Privacy, Events, Interviews, Legal Innovation, Policy, Regulations

Reading time: 4 minutes

Interview by Josh Lee | Edited by Amelia Chew

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.

The Power and Pitfalls of Smart Contracts: A Recap

By Amelia Chew

On 24th April 2018

In Blockchain, Contracts, Events, Legal Innovation

Reading time: 4 minutes

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.