The Singapore government has been planning to fund the law firms that are ready to adopt the AI driven technology. The government has announced it as a part of the support that they want to provide to the law industry. The government wants to make these firms future ready by incorporating some of the best technologies into their daily workflow.
The discussion about this funding took place in the Ministry of Parliament today. These plans will be covering two major areas- To ensure that the law firms are meeting the requirements of the Singapore and provide the citizens with better services and the second one is to support the nation’s economic growth.
The government has been planning to roll out the funding for the law firms so that they can become smarter and offer even better services for the Singapore citizens.
Edwin Tong, the senior minister of state of law has stated that they are looking forward for the organizations that are ready to accept the funding and incorporate the AI driven technology in their firms. These AI driven technologies not only help in the management of the firms but they can also be used to create better suggestions and services.
These AI driven solutions play a huge part in the future and Singapore government is trying to start implementing them right now. This will make the firms and the citizens of Singapore ready for the latest technologies in future.
The government offers funding for the law firms who are adapting the tech products in their first year. The government also has a plan to design a technology roadmap with clear technologies that will become utmost important for the companies till 2030. As the tech has becoming more prominent, the Singapore government wants to incorporate it wherever possible.