23 June 2023, Singapore – It's been a year since the UK-Singapore Digital Economy Agreement entered into force. Mike Freer, Parliamentary Under Secretary of State for UK's Ministry of Justice and Raj Panasar, Founder, LawFairy - share their perspective on how provisions under the deal are helping the law sector transform on the digital front.
LawFairy is the brainchild of Raj Panasar, a former partner at Cleary Gottlieb and Hogan Lovells and a skilled software engineer.
Raj, alongside his extraordinary colleagues, has developed a groundbreaking engine capable of generating virtually any legal document — regardless of complexity — in mere seconds, while harnessing a dataset that can transform risk management and transparency to unlock the potential for data-driven insights and improved decision-making.
“As a law firm partner, I asked the leading contract automation company at the time what it would take to be able to answer all the questions needed to draft a client-ready draft of a complex document with the click of a button. When they said that all that automation would be able to do in the foreseeable future was to make it easier for a lawyer to do all the complex drafting that they do, I resigned my partnership so that I could create exactly what my partners and I were looking for. And I committed to bring that technology to bear for those in need too. LawFairy was born to make legal wishes come true and that’s exactly what it does.”
- Raj S. Panasar