LawTech.Asia

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Tag: Singapore

Legal Technology in Singapore: Second Edition

Reading time: 2 minutes

Written by Cai Xiaohan, Tristan Koh, Utsav Rakshit | Edited by Josh Lee Kok Thong

In October 2018, LawTech.Asia published the first-ever detailed outline of the legal technology sector in Singapore. It was 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. The article was imagined as a “living document” that will continue to be updated as more news comes to the fore.

Much has happened in the legal tech scene in Singapore since then. To encapsulate these developments, LawTech.Asia is proud to present the second edition of “Legal Technology in Singapore”.

Our first edition had argued that Singapore is currently in the midst of a “legal tech revolution”, which began sometime in 2015 and which was spearheaded by the government in Singapore. The past year has seen the government invest even more resources into new initiatives to support legal tech adoption, and this edition of our article has been updated to include the following new developments: 

  1. Recent statements by the Judiciary on legal tech in Singapore;
  2. New assistance schemes to support the adoption of technology in Singapore, such as:
    • Asia’s first legal tech accelerator, GLIDE by FLIP;
    • Tech-celerate for Law by the Law Society of Singapore, which will fund legal tech adoption by law firms;
    • Advancement of legal tech in the State Courts;
    • The establishment of the SmartLaw Guild;
  3. The new creation of legal tech office-holders in public sector institutions; and
  4. The development of tech-related curricula in local law schools.

In this second edition, we also posit that the Singapore legal tech revolution has entered into a new phase: new ground-up initiatives in the legal profession to support legal tech adoption. We suggest that more law firms, law students, and legal tech solution providers have started their own initiatives to encourage legal tech adoption. This new edition of our article covers, in particular, the law firms which have championed legal tech adoption by being early adopters, producing their own technology, or launching their own legal tech incubators / accelerators.

In our first edition of the article, we had also outlined three forces influencing the development of Singapore’s legal tech revolution: the liberalisation and internationalisation of Singapore’s legal industry; the increasing sophistication of clients; and increasing technological capability. In this second edition, we introduce a fourth influence: the progressive changes in Singapore substantive laws. We argue that, as Singapore’s lawmakers introduce progressive laws which encourage, rather than inhibit, legal tech growth, this would also shape the course of the legal tech revolution for the better. Laws discussed include the passing of the Payment Services Act 2019 as well as the proposed amendments to the Electronic Transactions Act.

To access the updated version of the article, “Legal Technology in Singapore”, click here!

As before, 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.

The World Legal Summit: Informing and Taking Action – Physically and Virtually

Reading time: 5 minutes

Written by Josh Lee and Aileen Schultz (Founder, World Legal Summit)

The World Legal Summit (WLS) is a 30+ city, 20+ country initiative designed to bridge the gap between legislative understanding and emerging technologies. Part One will occur in physical locations simultaneously across a 24 hour window on August 1, while Part Two will occur between September 6  to 8. The WLS will also provide global networking and remote participation opportunities in a virtual world. 

Introduction

Technology and global systems are evolving at unprecedented rates, with humanity now poised at the tip of the exponential curve of technological evolution. There is, however, a lack of incentives to create required legislative and regulatory frameworks for the proper governance and responsible use of such technologies. Further, legal advances in technology governance – typically developed in silos – are not keeping pace with the development of technology. In turn, this creates a governance and trust deficit between emerging technologies, their associated global systems, and the necessary frameworks for a globally sustainable future.

While the legal industry has seen global initiatives to drive technology in legal practice (such as through global events such as the Global Legal Hackathon), the World Legal Summit (“WLS”) tackles the converse challenge of legal and regulatory issues relating to new technology. It is primarily focused on emerging technologies that are global in nature and that are facing complex regulatory challenges. In its inaugural year, the WLS will be focusing on the following three technology categories: 

  • Identity and Personal Governance;
  • Autonomous Machines; and
  • Cyber Security and Personal Data.

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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.

LawTech.Asia Annual Theme for 2018 and Quarterly Themes

Reading time: 2 minutesA warm hello to our readers and fellow legal technologists!

Singapore takes the ASEAN Chairmanship in 2018 with the themes of “resilience” and “innovation”. Hence, it is timely for LawTech.Asia, with a focus on legal technology in Southeast Asia, to focus on legal technology developments in Singapore and the region.

At the same time, given that it has been roughly half a decade since the buzz about legal technology took root in Singapore, it is also appropriate to do a stocktake on the state of legal technology in Singapore for our readers. In addition, with the focus on Southeast Asia, it would also be useful to draw insight from legal technology developments in the region. This would also give LawTech.Asia the opportunity to examine how Singapore can learn from her fellow ASEAN counterparts, and vice versa.

With this in mind, the LawTech.Asia team presents to you our theme for our articles this year: Legal Technology in Singapore and ASEAN: Present and Future.

Aside from our regular articles, the LawTech.Asia team will be bringing to you a series of Quarterly Updates, a four-part thematic series that focuses on four sub-themes that are in line with LawTech.Asia’s annual theme. LawTech.Asia intends to cover the following four topics in its quarterly update:

  1. 1st Quarter: The state of legal technology in Singapore
  2. 2nd Quarter: The state of legal technology in ASEAN
  3. 3rd Quarter: What might Singapore be able to learn from ASEAN and vice versa?
  4. 4th Quarter: A legal technology report card on Singapore’s drive of “innovation” for ASEAN, and a look at the future.

We look forward to your continued support as we continue to bring you insights and information exploring the past, present and future of legal technology in Singapore and ASEAN.

 

Wishing you a happy and fruitful 2018,

The LawTech.Asia Team

 

Image credit: ASEAN

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