The LexTech Conference 2017 will be held in Cyberjaya on 4 & 5 November 2017. Visit the event website for more information. TheMalaysianLawyer.com is a media partner of #LexTech17, and our readers can use the promo code LEXTECHTML when purchasing the tickets to enjoy a 10% discount. You can read our other posts on the conference via the LexTech17 tag.
Singapore is home to many of the most exciting legal tech initiatives in the Southeast Asian region, and one of the main players behind this is the Singapore Academy of Law’s Future Law Innovation Programme (FLIP).
Leading up to #LexTech17, we caught up with Noemie Alintissar-Mooney, the Programme Manager at FLIP. At the conference, Noemie will be talking about ‘Of Roadmaps, FLIP & Funding’.
Hi Noemie — could you give us an overview of FLIP’s mission and vision?
The Future Law Innovation Programme, or FLIP for short, is an industry-wide initiative by the Singapore Academy of Law to encourage innovation and technology adoption in the legal sector.
The FLIP vision sees law professionals, technologists, government bodies, and investors drawn together in a collaborative effort to drive Singapore’s legal industry forward. We provide them with a platform to develop new business models and new technologies of legal services delivery in the future economy.
The future of legal services very much depends on our ability to engineer a sustainable ecosystem, so we’re setting-up a dedicated incubator and accelerator programme starting in January 2018, where 40 selected participants will access innovation training, mentorship, resources, funding, and collaboration opportunities from FLIP and our partners.
What has the market response been to FLIP’s initiatives? How many firms and lawyers have gotten involved, and how many startups are in the accelerator?
The response has been overwhelming, which shows the industry’s appetite for practical help to guide them along their innovation journey.
We can only host 40 participants at a time and spaces are filling up fast, ranging from law firms who want to modernise their practice, startups looking to scale their businesses, and even in-house legal departments looking to develop their own legal solutions in-house.
We’re also putting in place a network of partners, mentors and tech firms who’ve approached us to see how they can get involved.
What would you say are some of the easier or more obvious legaltech innovations that you think have big benefits and a low entry-barrier or cost, and can be immediately implemented by lawyers in the region, particularly by smaller law firms or solo practitioners?
There are a lot of low-hanging fruit, which often don’t involve investment in costly solutions.
For example, firms should learn how to maximise their existing productivity suite such as Office 365, use a cloud-based practice management system, and leverage simple automation tools like Zapier.
Technology should never be the end goal, but instead an enabler to do things in new, more effective ways.
Other than Singapore, which other countries would you say are receptive and forward-thinking when it comes to innovation in the legal industry?
I’m hearing a lot of interesting developments coming from Australia and China, so watch this space.
Can you share some examples of law firms, lawyers, or legaltech startups in Singapore who are the best examples at the moment of legal tech adopters or thought leaders?
Larger firms are starting to leverage disruptive technologies like artificial intelligence, but it’s still early days.
We’re also seeing the emergence of innovation teams among larger international players, with holistic innovation strategies and, in some cases, their own in-house software development capabilities.
Some smaller firms are also coming up with new ways to deliver legal services, using technology to level the playing field, allowing them to compete despite having limited resources.
Overall though, we’re still in the early days of technology adoption in the sector, and FLIP is here to change that.
Finally, tell us what you’re most looking forward to at #LexTech17
I look forward to connecting with people who have the same passion and energy for our industry, and share ideas on how we can positively transform it!