Maxwell Chambers, Singapore’s flagship arbitration hearing centre, has onboarded TERES as one of only three approved service providers for transcription of hearings held at the centre..Karen Tan, Chief Strategy Officer at Maxwell Chambers, said,“At Maxwell Chambers, we are committed to driving innovation in dispute resolution by embracing cutting-edge technology that enhances efficiency, accessibility, and user experience. The inclusion of TERES as a partner provider is a natural step forward in this vision, ensuring that arbitration proceedings continue to evolve with seamless digital solutions that meet the needs of today’s arbitration practitioners.”.Greeshmma Machura, TERES’ Head of Operations for Southeast Asia, based in Singapore, said, “The recognition by Maxwell Chambers further strengthens our presence in Singapore. We are particularly proud of this recognition because the onboarding followed a comprehensive evaluation of our accuracy, timeliness, data security, and data residency standards.”.Vikas Mahendra, Co-founder and Advisor to TERES, said, “Our vision is to bring cutting-edge technological innovations to the legal world while ensuring that there always remains that ‘human touch’ to overcome the limits of technology. We are constantly pushing the boundaries of innovation and treat current international best practices as a minimum standard to improve upon with our offering. We anticipated that AI would make a big impact on the legal sector, which is why we took a technology-first approach when we started our service five years ago. We had to ensure that our services are not just competitive in cost, but also in value, and it has taken a very carefully crafted journey to get there. Our services have been built for the global legal community and have been used in disputes across more than 25 countries in just the past year.”.This development emphasizes the growing adoption of legal-tech and artificial intelligence in dispute resolution across the globe. TERES has already made a significant impact in India when it enabled transcription in the Supreme Court for the first time in 2023. It has since been chosen by the Supreme Court of India as its transcription partner after a competitive bidding process. The onboarding by the Supreme Court has encouraged arbitrations in India to adopt transcription, achieving significant cost and time efficiencies..The adoption of a home-grown technology in the international arena is also a significant recognition of the abilities of Indian legal-tech entrepreneurship to build solutions for the global market.
