The City Corporation has launched a LawTech Sounding Board to gather views on how to increase adoption of legal technology in the financial and professional services sector.
The inaugural meeting of the group was held on 3 June and featured speeches from policy chair Catherine McGuinness alongside the Lord Chancellor and Secretary of State for Justice, David Gauke MP.
Representatives from The Law Society, LegalGeek and Barclays Eagle Labs were also in attendance.
The creation of the Sounding Board comes in the wake of a report by the Law Society, which showed that adoption of technology remains limited across the legal sector. It will aim to provide a forum for exploring what practical action can be taken by the legal and tech communities to ensure the UK retains its competitive advantage as a legal technology hub.
Ms McGuinness said: “As a lawyer by profession myself, it is very apparent to me that there is plenty of work to do to harness the full benefits of technology in the legal sector.
“With technology continuing to develop at a rapid pace, firms need to evolve in order to embrace the benefits available and ensure that the UK remains at the cutting edge globally.
“After all, as a world leader in legal services, it is only right that we are at the forefront of this lawtech revolution.
“I hope this Sounding Board provides a platform for how we achieve this.”
The group will operate alongside existing initiatives, including the LawTech Delivery Panel, a joint venture between government, judiciary, industry and academia to promote the use of technology in the legal sector.
