Lord Chancellor is highest UK ranking, nominally outranking even Prime Minister

[Anonymous No.12933738]

Can governments help the legal tech sector to grow? The short answer is: yes, they can. A case in point is how the British Government and especially the Ministry of Justice (MoJ) is helping about as much as it can at present to boost the legal tech sector in the UK.

An example of this was a special event held near Parliament earlier this week in London, organised by the MoJ, to showcase British legal tech talent and home-grown companies working in the legal tech sector here.

the Lord Chancellor, the Minister in charge of the MoJ, David Gauke took time out to promote and support the growth of legal tech companies and encourage lawyers to use this technology.

he wants to create ‘an environment where law tech can thrive’, he recognised clients were keen to embrace new ways of conducting some aspects of legal work, such as via automation, and that he and the Government in general were very keen to see the UK’s legal tech sector grow and in turn help the legal sector here retain its position on the world stage.

noted the importance of the commercial courts in UK, which handle many international matters and the fact that around 40% of all international arbitrations are under English law. The UK is also home to many of the largest law firms in the world.

if the legal market falls behind on legal tech, if it cannot meet client needs on matters such as efficiency, then the legal sector falls behind, and that’s not just bad for lawyers and their clients, it’s bad for the economy as a whole.

Gauke say that he wanted the UK to be a centre for the development of smart contracts and that he noted the work of the Accord Project in particular.

‘If smart contracts will one day be part of the fourth industrial revolution then I’d like to see them developed here and under English law,’ said Gauke.

And, it’s fair to say that there is some great work going on here with companies such as Clause, led by Peter Hunn, who is also working with the Law Tech Delivery Panel (LTDP).

[Anonymous No.12933755]

while you're paying attention to Paris, big players are in the NY

[Anonymous No.12933782]

dumb FUCKS you only pay attention to shit larps but not real intel

[Anonymous No.12933844]

will this be streamed?

[Anonymous No.12933975]

>>12933738
>>12933755
>>12933782
Thank you, anon.

[Anonymous No.12934136]

>>12933844
Unlikely

[Anonymous No.12934144]

>>12933782
larps are more fun senpai

[Anonymous No.12934169]

>>12933738
>>12933755

[Anonymous No.12934172]

>>12933782
We knew this literally weeks ago.

[Anonymous No.12934184]

fuck we are sickeningly early, I don't want to be coming to this f***ing website for the next 2 years before I make it

[Anonymous No.12934211]

>>12934184
this.

[Anonymous No.12935034]

Bump
Quant tards also welcome