Camp leaders would be required to stay sober.
And there was a "clear expectation" there would be no nudity over the course of the event, nor any jelly wrestling or similar event.
"These are changes SOULS believes remedies many of the concerns from previous Law Camps," the statement read.
Jessica Palmer, who was appointed Dean of the University's law faculty in May last year, has worked closely with the SOULS executive committee and the proctor's office to help implement the changes.
The event would provide a welcoming and safe environment for attending students, she said, in which they could bond and form strong friendships.
"We are all committed to building a positive and healthy culture within the Law Faculty."
The camp for second year law students had been an annual event for the past decade, prior to its cancellation last year.
An independent review - conducted by David Sims, of Downie Steward Lawyers - released in December found the law camp had been a "deeply disturbing and unpleasant" experience for some students.
Sims did not find any evidence of criminal behaviour or sexual misconduct but said drunkenness and sexualised behaviour was "commonplace".
Media reports about the event last year revealed former law faculty dean Mark Henaghan usually attended the events.
Henaghan had been present at the 2014 camp when students stripped in a talent quest skit.
Just weeks after the revelations, he announced he was leaving his role - though Otago University said he had discussed this move prior to reports about the law camp.
He would be taking up a post as a lecturer at Auckland University this year.
The controversy around the University of Otago's law school came as the culture of the wider legal profession in New Zealand came under intense scrutiny.
Allegations that male Russell McVeagh employees engaged in sexual acts with female interns prompted all six of New Zealand's law schools to cut ties with the firm.
Russell McVeagh chief executive Gary McDiarmid confirmed the firm had received "serious allegations" about events in Wellington more than two years ago, involving students in the firm's summer law-clerk programme.
Victoria University's vice-chancellor Grant Guilford confirmed allegations involved several of its students.
A young law clerk students part of a summer programme had made an allegation of sexual assault.
Guilford said the university had since worked with Russell McVeagh and others to make major changes to the clerkship programme.
A former employee last year told the Herald on Sunday senior managers at the firm had ignored repeated warnings about the behaviour and the drinking culture.