SINGAPORE – A programme to help law practices adopt technology will be extended to January next year, Second Minister for Law Edwin Tong said on Tuesday (Sept 15).
The grant support for the Tech-celerate for Law programme covering the first-year cost of adopting baseline and advanced technology solutions has also been increased to 80 per cent, up from 70 per cent, he added.
The programme, which was announced in May last year, was due to stop receiving applications on May 1 this year.
Law practices here need to use technology to improve their services to stay competitive, Mr Tong, who is also Minister for Culture, Community and Youth, said in his keynote address at the RHT Caba Asean Summit held online.
Under this "new normal", practices that are able to quickly adapt and capitalise on technology to enhance the accessibility, quality, value and delivery of their services will garner a lasting advantage, he added.
The two-day summit, which ends on Wednesday, is organised by regional law firm RHTLaw Asia, RHT Group of Companies and the China-Asean Business Alliance (Caba).
Mr Tong said Singapores legal regime has helped it to weather the impact of Covid-19 and remain as a trusted place for business.
He cited South Korean carmaker Hyundai Motors and Indian IT firm Tata Consultancy Services as examples of companies that have invested in Singapore this year amid the Covid-19 pandemic.
"Our legal regime has been a key pillar of support during this period and it must remain so," he said.
To help the legal community further, a programme called the Technology and Innovation Roadmap will be launched next month to help law practices better understand the legal technology landscape and framework.
Firms can use the road map, which was first reported last year, to work out how to upgrade their technology services, and to identify existing and new government initiatives such as grants to tap, he said.
Mr Tong said that improvements had also been made to mediation services and the restructuring and insolvency framework in Singapore.
He expects theRead More – Source