RHTLaw Taylor Wessing Deputy Managing Partner Azman Jaafar was quoted in The Edge article titled “Lawyers may need tech skills as AI changes nature of legal industry”. The article was first published in The Edge Singapore on 2 October 2017. As the legal industry is being swept by the digital wave, this articles discusses that artificial intelligence (AI) allows legal firms to be more innovative and efficient in providing legal services to clients. Azman commented that AI will result in a reduced headcount in law firms. While the initial commitment to acquiring AI is high, the cost of implementing AI will be cheaper in the long run. On whether legal fees will decline and if law firms could be forced to modify their business models, he noted that fees are largely dependent on the complexity of a transaction and the desired outcome rather than the costs of achieving it, though automated components of legal work may become less costly over time. The full article dated Monday 2 October 2017, can be found in The Edge Singapore.
RHTLaw Taylor Wessing congratulates Chow Tai Fook Charity Foundation (Singapore) Limited (“Foundation”) on its successful registration as a Grant-making Philanthropic Organisation (“GPO”) under the IRAS Tax Deduction Scheme with effect from 7 September 2017. As a registered GPO, the Foundation may issue tax deduction receipts to its donors with respect to donations made to it. For further information, please contact Partner Kaylee Kwok.
RHTLaw Taylor Wessing Intellectual Property & Technology Partner Jack Ow was invited as a speaker for a cybersecurity panel discussion at DCD>Zettastructure Digital Infrastructure Summit organised by Datacenter Dynamics. The conference is part of the organiser’s South East Asia Datacenter Week. This marks the 2nd of its global conference series. Jack contributed to the panel discussion titled “Cyber-security in the Hybrid IT environment” by sharing legal and regulatory considerations in cybersecurity for a hybrid IT environment. The other panellists comprised David Nagrosst, CISSP, Head of Sales, APJ of Cyxtera Technologies; Jason Wells, CEO of QCC Global (Asia); John Lee, Partner at Digital Paws and Paul Lothian, Director of KPMG Cybersecurity Practice. The two-day conference from 20-21 September 2017 was held at the Marina Bay Sands Expo and Convention Centre featuring various discussion panels, presentations, interactive workshops, roundtables, data centre tours and an expo showcasing the latest technologies.