South Korean Data Localization: Shaped by Conflict

The rapid growth of digital data stores and the increasing vulnerability in intellectual property challenges governments around the world to find ways to protect and regulate the flow and storage of data. Multiple countries, including the Republic of Korea (ROK), have enacted domestic data localization laws to limit the movement of data to specific jurisdictions. […]

PwC Eyes Global Expansion of Its Flexible Lawyering Service

PwC

PwC, which has aggressively pushed its way into the legal services industry, plans to expand its Flexible Legal Resources offering into global markets. The new, on-demand lawyering service that was launched in the U.K. four months ago, has met with great success, according to Peter Workman, managing director of Flexible Legal Resources (FLR). It received 500 […]

Hong Kong court considers nature and arbitrability of lawyer-client fee disputes

In a decision dated 10 January 2018, the Hong Kong Court of First Instance (Court) stayed its proceedings in favour of arbitration under an arbitration agreement between a firm of solicitors and its former clients. The Court held that there is nothing in Hong Kong law or public policy to indicate that a dispute between […]

The Rise of Legal Tech Incubators and Why Allen & Overy’s ‘Fuse’ Has the Right Stuff

Allen & Overy’s ‘Fuse’ Provides a Case Study for How to Launch a Legal Tech Incubator and to Harness its Potential   Allen & Overy, the venerable Magic Circle firm, launched its incubator, ‘Fuse,’ less than a year ago. Fuse is much more than a dedicated, innovative space where a group of legal tech companies work. […]

EY survey: Singapore, global companies unprepared for GDPR data privacy compliance

data privacy

Intensifying regulatory pressures are top of mind for business leaders, with 70% of Singapore respondents (global 78%) expressing increasing concern about data protection and data privacy compliance. This is according to the third biennial EY Global Forensic Data Analytics Survey, which examined the responses of 745 executives from 19 countries (including 40 from Singapore) and […]

Singapore International Commercial Court to have jurisdiction over litigation related to international commercial arbitration

On 9 January 2018, the Singapore Parliament passed amendments relating to the Singapore International Commercial Court (“SICC”). The Supreme Court of Judicature (Amendment) Bill (No. 47/2017) (“Bill”) principally aims to: (1) clarify the extent of the SICC’s jurisdiction; and (2) streamline the SICC’s procedure. The SICC was established in 2015 as a division of the […]

Singapore Expected to Introduce Deferred Prosecution Agreement Regime

Singapore Minister for Home Affairs and Law K. Shanmugam announced earlier this week that the government is considering the inclusion of Deferred Prosecution Agreements in the latest round of amendments to the Criminal Procedure Code and Evidence Act. It was reported toward the end of 2017 that Keppel Offshore & Marine reached a global resolution […]

Singapore Amends ICC to Strengthen International Arbitration Status

Singapore has amended its International Commercial Court in order to strengthen its status as a hub of international arbitration. According to Lexology, on January 9th, 2018, the Supreme Court of Judicature passed amendments which clarify that the Singapore International Commercial Court (“SICC”) has jurisdiction to hear proceedings relating to international commercial arbitration, and also abolish the pre-action certificate […]