“To be prepared is half the victory” –Miguel de Cervantes.
McKinsey published a report in May 2020: the competitive rankings of law firms often reshuffle after an economic downturn. How firms fare depends on their preparedness to cope with the changing market and their ability to help clients move forward.
FortNynja E-Fintech School hosted a
On May 29, 2020, I was invited by the Centre for Financial Regulation and Economic Development (CFRED), a research center of the Law Faculty of the Chinese University of Hong Kong (CUHK) to present a webinar on “Machine learning and the challenges of digital transformation in the law.” Over 70 attendees joined the webinar, including legal
HK LawTech Fund is open for applications today. From April 28 to June 26, HK law firms and barristers’ chambers with 5 or fewer practitioners may apply for reimbursement of up to HK$50,000 for procuring and upgrading approved IT systems and training. Further details on the Law Society and Bar Association websites.
The legal
The shutting down of many courtrooms and drastic reduction of court services in Hong Kong in February and March 2020 due to the COVID-19 pandemic has led to major concerns about a significant backlog of cases and applications piling up. The public has raised questions relating to why readily available technologies, such as telephone and
As I heard the news about the new government budget pegged to the “Vision 2030 for Rule of Law” project, three questions floated in my mind:
In November 2019, the Working Group on InnoTech Law Hub (the “Hub”) and the Working Party for SME Firms (the “SME Firm Working Party”) co-hosted, at the Law Society function room, the first joint community roundtable on law and technology. The event aimed to address the difficulties of implementing technology in small medium sized (“SME”)
In November 2019, the Working Group on InnoTech Law Hub (the “Hub”) and the Working Party for SME Firms (the “SME Firm Working Party”) co-hosted, at the Law …
,A recap: Develop a hackathon problem for the first A2J Hackathon.,,,,Problem and Background
Minorities are often under-served demographics in society, whether they are minorities because of race, ethnicity, disability, sexuality, age, and/or other traits and characteristics. They have various challenges accessing legal services to address their grievances due to their identity group status. For example,
A recap: Develop a hackathon problem for the first A2J Hackathon. Problem and Background Minorities are often under-served demographics in society, whether …
As reported in
The report notes: ,,,As the Law Society’s program for legal practice innovation, the ILH aims to find technology-based solutions relevant to the [Law Society Technology] Roadmap; build a community of innovation champions; enhance the legal profession’s technological competency; and connect with decision-makers, execution teams and user groups on best practices. To support
,,,A recap: Develop a hackathon problem for the first A2J Hackathon.,,,,,Problem
There are a number of perennial challenges in seeking legal professional help for the general public. We invite you to consider step-by-step the multidimensional challenges from both perspectives of the “user” (client) and the “service provider” (lawyer), among other stakeholders. The progress in developing
As reported in August in Hong Kong Lawyer, the Law Society of Hong Kong has officially launched its practice innovation program earlier this year, the InnoTe…
A recap: Develop a hackathon problem for the first A2J Hackathon. Problem There are a number of perennial challenges in seeking legal professional help for t…
Understand your end clients, deeply.
Discovering the client’s pain points, needs, and wants is the only way to develop the best products and services. That’s the mantra we hear all the time exalted by those reading from the books of agile practice and lean methodology. In the legal sector, success in listening to in-house
Legal innovation surveys and market research reports have cropped up in several jurisdictions and regions in recent years to take the pulse of the legal profession undergoing the innovation journey. These are highly valuable and hopefully there will be quality longitudinal data gathered, as continuous feedback is a critical factor of legal innovation.
The
Law.com (2018).“Not yet” is still the short answer.
Private sector adoption by law firms in Hong Kong has been growing pretty well, and the buyers’ market reflects comparably to leading international trends in the U.S. and Europe. So, what would it take for Hong Kong’s legaltech moment to truly arrive?
The Fundamentals
Hong Kong should