The Regulation, Innovation, Technological know-how & Entrepreneurship Lab (LITE Lab) at the School of Law of the University of Hong Kong (HKU) was introduced with the 2022 Legal Innovation in Functions (LIO) Jobs award by the Company Legal Functions Consortium (CLOC). This is the to start with time a college programme and an Asia-Pacific initiative has been named a winner of the world CLOC LIO Undertaking Awards. Attended by about 2,500 legal assistance professionals, the award ceremony took put at the GLOC World wide Institute 2022 in Las Vegas.
“CLOC stands for creativity and innovation, and we are proud to understand these who display these values in the relentless pursuit of transformation at scale in lawful functions,” claimed Mike Haven, president of CLOC’s Board of Administrators and Head of Lawful Functions and Affiliate Common Counsel for Intel. LITE Lab@HKU acquired its CLOC LIO Task Award for its “innovation-targeted experiential student/consumer business enterprise challenge”.
“It is an honour to have been given this award from CLOC for our revolutionary win-acquire initiative to much better put together our up coming generation of legal experts in a way that also positively impacts beneath-resourced organisations and the current authorized occupation in their lawful innovation and technologies journeys,“ stated LITE Lab’s founding govt director Mr Brian Tang.
“This prestigious award would not have been achievable without the believe in and genuine collaboration of the standard counsel and authorized operations leaders at our inaugural venture associates FedEx Specific, HSBC and Goodman Asia, with each other with ecosystem associates these kinds of as Association of Corporate Counsel – Hong Kong, Clifford Prospect, and a developing range of no/very low code platforms, to whom we are most grateful. We look forward to checking out further more collaborations with other intrigued parties to develop our impression globally,” Mr Tang mentioned.
Launched in 2019, LITE Lab is an interdisciplinary and experiential programme that fosters regulation, innovation, know-how and entrepreneurship (LITE) at the HKU School of Regulation. By collaborating with ecosystem partners such as Cyberport, Hong Kong Science & Technological innovation Park, HKU’s iDendron, and Fintech Affiliation of Hong Kong, LITE Lab@HKU curated and released a wide range of new classes that allow undergraduate and postgraduate learners to work with pupils from 6 of HKU’s 10 faculties and real-planet below-resourced task partners to tackle serious planet authorized innovation and technological innovation problems of such tech startups, social business people, NGOs and legal departments.
In its inaugural calendar year, LITE Lab’s Lawtech & Regtech Sandbox partnered undergraduate regulation pupils with the legal and operations departments of venture companions to co-style proof-of-notion lawful triage and doc automation using no/small code resources to address their true-globe painpoints. This acquire-acquire college-business collaboration assisted with the electronic transformation journeys of college students and legal departments alike, and some of the scholar prototypes have even been implemented. Particulars of LITE Lab’s award-winning LIO Challenge submission can be viewed here.
According to Shogo Osaka, Handling Director Lawful of LITE Lab’s venture companion FedEx Express North Pacific, “The co-design and style challenge with LITE Lab has available us a terrific option to rework some lawful-tech suggestions into actuality. By collaboration with the regulation learners to style and design and produce evidence-of-idea equipment, we not only obtained a tangible advantage to automate repetitive tasks but also loved a worthwhile working experience of supporting the students’ progress.”
CLOC LIO Project Award presenter Farrah Pepper, Main Authorized Innovation Counsel at March McLennan, summed up what quite a few lawful professionals say about LITE Lab: “I wish they had that when I was in law university.”（movie of the award ceremony).
Media contacts: LITE Lab@HKU: Mr Brian Tang (Email: [email protected])