LawtechUK, a government-backed initiative aimed at supporting the digital transformation of the UK legal sector has recently announced the first cohort of participants to take part in their Lawtech R&D Sandbox Pilot. The sandbox has been designed to fast track transformative ideas, products and services that address the legal needs of businesses and society.
The pilot will run for three months, beginning in December, and is aimed at tackling major barriers to growth of lawtechs, including “providing better access to data, cross-sector regulator engagement, and timely input from decision-makers”.
Five participants were selected by the Lawtech Sandbox Steering Board, from a total of 65 applications, with those selected addressing a range of challenges currently facing the legal sector.
Each lawtech pioneer will be granted access to a host of benefits for the duration of the project, including:
CILEx Regulation forms part of the Regulatory Response Unit – a fast-response forum of 11 cross-sector regulators. As part of this role, we will be supporting pioneers to navigate regulatory and governance issues by providing tailored guidance and assurance.
More information concerning the five pioneers selected for the Sandbox Pilot can be found below.
Amplifi are developing a system to help customers engage with and assess legal information by presenting information in a way that fits their needs and enables understanding.
Clause aims to provide an open-source library of machine-readable legal documents and file transformation technologies that can act as a foundation for business and future development.
ClauseMatch are looking to transform regulation into a digital, machine-readable form with an AI-powered smart document collaboration platform, making it easier for businesses to automate and manage their compliance and to keep up with regulations.
Deep Tech Dispute Resolution Lab is developing a dispute and risk-avoidance tool based on advanced machine learning techniques by automatically detecting early warning signs of an emerging dispute.
Legal Utopia is particularly focused on the SME market, aiming to make it easier for small businesses to review and understand a range of common legal documents instantly and without legalese.
Further information regarding the Sandbox Pilot and the LawtechUK initiative can be found on their website
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