, according to financial services industry body TheCityUK, and at the end of last year, The Law Society identified it as one of ten emerging lawtech scenes, alongside San Francisco, Tel Aviv, and Madrid."What might have been optional before is a must now," says Tech Nation's lawtech director Jenifer Swallow, formerly general counsel at fintech unicorn TransferWise. "This will only increase because we're about to step into a very, very challenging time economically.
The UK government is trying to ramp up provisions for lawtech. In November 2019, it announced a £2 million grant to fund the digital transformation of law in partnership with Tech Nation. As well as addressing the immediate need, the aim is to create long-term growth and value for businesses, says Swallow: "What we want to do is provide an environment where we can accelerate development cycles, get people who've got great ideas through to proof of value faster than they would do without support."
Partner Stan Laurent says that Highland is interested in the lawtech sector — even outside the realm of artificial intelligence, which is "in the pure legal space, still a few years out."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside TikTok star Dixie D'Amelio's music business, making 'Be Happy' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
UK firms are selling invasive spy tech to repressive governments around the world - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The same UK is the champion of human rights around the world😆 SAI Colonial habits die hard. Where is all of that institutional knowledge of repression supposed to go? Up for sale.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Plum: London fintech raises $10m in VC funding during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. What the frig is a pitch deck fintech? 🤷♂️ Speak on our level please, I don't want to have to take a night course to understand your headlines.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Here are First American's Jerry Braakman five favorite tech stocks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Half of Bay Area tech workers worry they'll be laid off, survey finds - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Thank You Mass Protesters Looters Thugs and Criminal!!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Ex-Amazon VP says Amazon, tech companies should be broken up: report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »