Southeast Asia’s first lawtech accelerator has attracted three City law firms – Linklaters, Dentons and Clyde & Co – to its operation in Singapore.
The ‘future of law innovation programme’ (FLIP) – which markets itself to UK law firms as a bridgehead to access Asia’s lawtech start-up community – is run by the Singapore Academy of Law (SAL), a statutory body which exists to promote the island’s legal sector.
Among other participants are nine small and medium-sized local law firms, two corporate counsel and nine legal tech companies.
Paul Neo, SAL’s chief operating officer, told Legal Futures that the project, which was not formally launched until January this year, had already recruited a further four large law firms, 10 SME firms, one corporate counsel and 15 legal tech companies for its ‘second cohort’.
Source: Nick Hilborne – Legal Futures