RHTLaw Taylor Wessing Senior Partner Tan Chong Huat was invited to speak at The Law Society of Singapore’s Future Lawyering Conference 2017. The two-day conference was held from 20-21 July 2017 at The Joyden Hall, Bugis+.
Chong Huat was part of the panel discussing the topic “New Practice Models – Regionalisation and ‘Uberisation’ and Legal Services”. ‘Uberisation’ refers to the displacement of traditional retainers by more efficient system that matches supply and demand.
He gave insights on how the traditional way of providing legal services is no longer able to meet the demands of the increasingly sophisticated and demanding clientele, as legal services become even more accessible and affordable. Chong Huat’s view on ‘uberisation’ is that technology must work for us and that we not allow it to commoditise service. Technology should be leveraged and when properly applied to our specialty, show ostensibly our intellect, creativity and judgment. On regionalisation, Chong Huat shared that for a law firm to succeed, there must be a group of regionally-minded Partners and lawyers who are ready to invest time and commitment to look beyond Singapore to build their clientele, network and relationship.
Chong Huat added that RHTLaw Taylor Wessing’s ASEAN Plus Group (APG) strategy, which the Firm launched in 2014, was a forward-thinking initiative as the Firm saw the necessity to gain a foothold in ASEAN. APG is a membership of top 10 law firms in ASEAN and North Asia, with offices spanning 12 jurisdictions in Singapore, Cambodia, Hong Kong, Indonesia, Laos, Malaysia, Myanmar, Philippines, South Korea, Taiwan, Thailand and Vietnam.
The other panellist comprised Matthew Glynn, Managing Director of Global Legal Solutions Group; Chris Woo, Head of Tax at PwC Singapore; and Alex Wong, Co-Chairperson of the event’s organising committee was the moderator. Senior Minister of State for Law and Finance Indranee Rajah, SC gave the keynote address.
This conference is timely, especially as the Committee on the Future Economy was established to develop economic strategies for Singapore for the next decade.