Singapore: Opportunities For Venture Capital Investments In Singapore In 2018

PROMISING TECHNOLOGY TRENDS

Legal Technology (LegalTech)

Consider a reality where legal contracts are enforced by machines; or a world where 'intelligent legal assistants' provide real-time updates on case law and legislation from jurisdictions worldwide. From America to Asia, start-ups and law firms have jumped on the bandwagon, transforming access to legal developments and services.Dentons recently launched Nextlaw Labs and its investment arm Nextlaw Ventures, LegalTech ventures jointly focused on incubating, investing in, developing and deploying new technologies to transform the business and practice of law. Nextlaw Ventures' portfolio of legal technology innovators include ROSS Intelligence, a leading artificial intelligence company that leverages IBM Watson-powered cognitive computing to refine expert legal research and which had secured US$8.7 million in Series A funding in October 2017.In Singapore, Singapore Academy of Law (SAL) has swung to the rhythm of LegalTech, with the official launch of the Future Law Innovation Programme (FLIP) in January 2018. Not only does FLIP aim to encourage innovation in Singapore's legal practice, the launch of its FLIP Accelerator (touted as South East Asia's first LegalTech accelerator program) will boost the growth and development of LegalTech start-ups in the region. Dentons Rodyk is a featured international law firm participant - in line with our strategy of redefining the client experience and leveraging technology to promote seamless collaboration.

Read the full article here: http://www.mondaq.com/x/663534/Venture+Capital/Opportunities+For+Venture+Capital+Investments+In+Singapore+In+2018