The Law Society partners with Seedrs

The representative body for solicitors in England and Wales is looking to encourage law firms to adopt innovative tech solutions and has set out its vision for a more integrated legal tech ecosystem.

A new report by Legal Geek – the UK’s largest lawtech community – found that 46% of lawtech start-ups were innovating to help law firms become more efficient and win new customers, while there was a 160% increase in new lawtech businesses launching year-on-year.

“Harnessing technology effectively can have a significant impact on how solicitors operate and engage with their clients,” said Christina Blacklaws, vice-president of the Law Society.

“This partnership will help us bring solicitors and entrepreneurs together to support innovations which will benefit our members and their clients.  

“We are excited about the opportunities this will create for our members as they develop and grow their businesses.”

The partnership means that ambitious lawtech start-ups will have the support of the Law Society when they pitch for capital on the Seedrs equity-crowdfunding platform.

Karen Kerrigan, chief legal officer at Seedrs, said she was excited by the value that this partnership could deliver to the legal sector.

“The Law Society has recognised the unrealised potential of greater digitisation and automation for the legal industry.

“We are excited to invite innovative lawtech start-ups to pitch for capital from a new and savvy audience of legal professionals on the Seedrs platform, and in turn give those investors the chance to play a role in the future success of the thriving lawtech scene by using an efficient and trusted investment platform.”