SINGAPORE LAUNCHES TECH SCHEMES FOR LAWYERS
Two initiatives launched by the Law Society of Singapore aim to upgrade tech awareness among Singapore law firms. The SmartLaw Assist scheme offers firms a 70% subsidy in initial costs for an online knowledge database that helps reduce the time needed for legal research by up to 20%. Databases under the scheme are provided by the Singapore Academy of Law, Lexis Nexis or Thomson Reuters.
Separately, a SmartLaw recognition scheme has been launched so that law firms that have adopted practice management or accounting software, an online knowledge management database and have an online presence will be able to use the SmartLaw logo on their website and marketing materials.
SIMPSON THACHER ASSISTS IN MEAT STAKE
Simpson Thacher is representing KKR in investments in Masan Group Corporation and its branded meat platform, Masan Nutri-Science, which comprise a US$100 million purchase of secondary shares of Masan Group Corporation from PENM Partners, an independent Danish private equity company, and a US$150 million primary investment in Masan Nutri-Science, for a 7.5% stake. Masan Group is one of Vietnam’s largest private-sector companies.
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