Law firms are realising the value of adopting cutting-edge technologies to stay ahead in the game. In this Asian Legal Business article our Managing Partner, Basil Hwang 黃浩宸, sheds light on how Hauzen LLP strategically recruits tech-savvy experts to provide exceptional client service.
It is no secret that AI is increasingly a feature of daily life across the globe. I think it is inevitable that it will become a more important part of legal practice as well. Lawyers of today – and the future – will need to know how to harness AI in their work if they do not wish to be replaced by it.
Another feature of the world we live in is the growing prevalence of blockchain technology and digital assets or digital currency. A huge proportion of our time is taken up in advising on cryptocurrency disputes, for example. Without a basic knowledge of the technology underlying it, a lawyer would find themselves at a serious disadvantage in understanding and arguing cases. We have found ourselves in situations in court where opposing counsel did not understand the technology underlying digital assets, which put them at a disadvantage.
We will continue to hire the best legal talent based primarily on their competence in the law. We will expect our lawyers, however, to have some technological knowledge or have the aptitude to learn it – and we are very willing to teach it. Our practice is already very heavily weighted towards digital finance, with several knowledgeable and experienced lawyers in our Blockchain, Tokenisation and Web 3.0 practice, so our lawyers should have no shortage of learning resources in-house at our firm.