Future Lawyer Week (FLW) UK 5.0 UK 5.0 is NEXT week! And we’re here to help you keep up to date with the latest legal tech news. Here are 5 hot topics for you ahead of Future Lawyer Week UK 5.0.
Definely participates the first Launch With Goldman Sachs’s UK Black Tech cohort
According to a 2021 legal tech report, just over 1% of venture funding in Europe went to start-ups made up of ethnic minorities. Therefore, providing resources to people of colour and women, who statistically have less access than their counterparts, is the primary aim of the Launch with GS.
Founded by two lawyers with experience in Magic Circle law firm and teamed up by a blend of engineers and technologists, Definitely aims to discover a way to increase the accessibility of legal documents to those with visual impairments and solve a pain point faced by any lawyer on a daily basis.
With the customised workshops from Goldman Sachs and opportunities to reach a broader network, Definitely is confident in unlocking friction-free working with more features designed for lawyers.
By the way – Definely just happen to be an FLW UK 5.0 sponsor this year 🙂
Click here to learn more.
Epiq unveiled the comprehensive service cloud to optimise legal service delivery
Epiq is a worldwide provider of legal services, serving law firms, corporations, financial institutions and government agencies, specialising in driving innovation for legal services, such as eDiscovery and compliance.
The Epiq Service Cloud, with its broadened support for third-party applications, is a suite of productivity and intelligence tools, services and dashboards that provides a centralised digital experience for Epiq’s proprietary technology. Powered by cutting-edge technologies with the secure cloud-based infrastructure, legal departments and law firms are capable of grasping insights to make the best decisions.
To maximise scalability for channelling tremendous volume of legal industry data, the cloud system is built on the top of Microsoft Azure, AWS, and other cloud infrastructure, to enable the legal teams to better reach their clients.
By the way – Epiq just happen to be an FLW UK 5.0 sponsor this year 😉
Click here to learn more.
The Online Safety Bill has been introduced to Parliament
The long-awaited Online Safety Bill is expected to bring in a new era of accountability online. If companies, particularly tech firms, fail to comply with some elements of this new regime, Ofcom will fine them heavily and their executives could face jail sentences.
The most controversial element of the bill is a requirement for the companies to police “legal but harmful” contents. Most are concerning the uncertain definition of “legal but harmful” contents which may probably harm the freedom of speech instead.
“It is questionable whether legal content is censored just for being potentially ‘harmful’ in the eyes of the platforms,” said Robert Colvile, director of the Centre for Policy Studies.
Click here to learn more.
B2C Legal Tech to provide affordable services for Ukrainian refugees
Recently the focus of legal tech news is shifting from the B2B start-ups to the B2C consumer-facing apps and portals. A huge difference in the rationale for using legal tech between clients of corporate firms who are efficiency-oriented; and individuals, who seek resolutions and value for money, is highlighted by a market expert.
In March, Law School 2.0 was founded to help law students and paralegals gain no-code lawtech solutions to assist with the refugees’ VISA application. Divided into 7 teams, the platform’s founders strive to streamline the repetitive workloads of immigration lawyers, provide easily accessible information about asylum and alternative options for refugees, and ultimately, connect all relevant stakeholders, including medical service providers and schools.
Click here to learn more.
Slow development of legal tech adoption in the legal industry
In the latest State of the UK Legal Market report issued by Thomson Reuters, the legal tech adoption among the industry’s practitioners remains at a very early stage. With the fast-moving technology, people are expecting their service support to become more intelligent, especially people who are looking for lawyers. According to the report, over a quarter of the study’s responses agree that digital technology and AI knowledge is an important indicator of recruiting their lawyers.
However, according to the report, numerous legal tech applications, including Contract AI, IP management, Ediscovery, etc cannot widely adapt to the market, apart from E-signatures. It is believed that the scale of the businesses is affecting the adoption rate, that few large banks and corporations are capable of investing.
Optimistically, the report means there is a huge room for the growth of legal tech.
Click here to learn more.
FLW UK 5.0
If you would like to learn more about the most cutting-edge legal technology and catch up on innovation trends, expand your network with experts across the legal industry, well then, check out FLW UK 5.0 next week.
FLW UK will be taking place in London 18th-20th May 2022, covering in-house, private practice, and litigation. You will be meeting experts from BamLegal, Digital Legal Exchange, EY LLP, Weightmans, Berkeley Rowe, Dentons, Clifford Chance, Slaughter and May, Herbert Smith Freehills, and so on.
Learn more about FLW UK and request a brochure for further information!
Tickets are selling fast so secure yours immediately!
In the meantime, take a look at the testimonials of FLW USA 2.0 which has achieved an extraordinary success last month. We are looking forward to connecting the legal community globally.
Categorised in: Events, Legal Tech