PwC Legal International Pte. Ltd. (a licensed Foreign Law Practice) in Singapore (PwC Legal) has joined the Singapore Academy of Law’s Future Law Innovation Programme (FLIP). FLIP was established to promote and encourage innovation and the adoption of technology in the provision of legal services.
Across the short eight months since its official launch in January earlier this year, the programme has seen significant interest. 23 entities had signed up to participate in the first FLIP cohort, comprising nine small and medium-sized law firms, three large law firms, two corporate counsel and nine legal tech companies. PwC Legal will join FLIP’s newest cohort of ten more entities alongside international law firms Linklaters and Clyde & Co, small local law firm Rajan Chettiar LLC, Malaysian law firm Halim Hong & Quek, as well as in-house teams and legal tech companies. The new cohort brings with it opportunities for FLIP to expand its programmes to help its participants modernise their practice and build capacity for innovation, as well as explore new ways of delivering legal services such as looking at new revenue streams, business models and legal solutions.
As part of its relationship with FLIP, the PwC Legal team will be running monthly drop-in sessions to engage the FLIP community at FLIP’s Legal Innovation Lab in Collision 8, a co-working space on High Street. Through these drop-in sessions, the PwC Legal team hope to encourage knowledge sharing amongst participants from different academic and industry backgrounds. Henry Goodwin, Partner leading the Digital & Technology practice at PwC Legal in Singapore, commented: “Through our participation in FLIP, we are looking forward to playing an active role in the development of the legal tech landscape in Singapore and across Asia. As the global professional services industry undergoes unprecedented changes, it’s great to see a diverse range of new legal tech solutions being developed locally with FLIP’s support.” “We are pleased to see that FLIP has gained momentum over the course of this year,” said Mr Paul Neo, creator of FLIP and Chief Operating Officer of SAL. “It is a positive sign that the legal community is choosing to take advantage of the digital disruption currently facing the industry. We hope to be able to continue supporting the transformation of the legal ecosystem through FLIP’s programmes and look forward to working alongside organisations both within and beyond the legal sector to do so.”
FLIP has not only begun to gain traction in the local legal community, it has also stepped up efforts to reach out to the wider legal industry globally. FLIP aims to transform the legal industry and its ecosystem, in the APAC and beyond. Singapore Management University School of Law has been appointed to lead a research to provide the legal industry with a road map to legal innovation trends in APAC today, and expectations for the future; State of Legal Innovation APAC industry report. The aim is to encourage dialogue and collaboration between APAC countries on legal innovation. The report (to be presented at the next FutureLaw Conference at Stanford Law School in April 2019) will contribute to the broadcasting of legal innovation efforts in APAC to a wider US and European audience.
About the Future Law Innovation Programme
FLIP is a two-year pilot programme by SAL to encourage the adoption of technology and drive innovation to create a vibrant ecosystem for legal technology. It is part of the Legal Technology Vision, a five-year road map by SAL for the digital transformation of Singapore’s legal sector. This vision, put together by representatives from the Judiciary, the Ministry of Law, Attorney-General’s Chambers and private sector lawyers is a call to action for lawyers to become part of the digital disruption that faces the legal industry today.
FLIP regularly runs legal tech-related events in the Legal Innovation Lab located at the Collision 8 co-working space across the road from the Supreme Court. More information on FLIP can be found at www.flip.org.sg.