They also used interviews with over 50 stakeholders from legal, technological, investment and government sectors, while applying wider analysis of information from leading online recruitment and investment databases.
In a statement on the SRA website, Anna Bradley, Chair of the SRA, said:
‘Supporting innovation and the adoption of legal technology is a key priority, as we set out in our Corporate Strategy. It can help increase access to justice for the public and small businesses, as well as supporting firms to be more efficient, benefitting everyone and the economy as a whole.
‘These findings drive home the fact that when we talk about technology, we need to remember just how broad that term is and how far there is for some to travel.
‘This is not just about artificial intelligence, virtual reality or future technologies. Some of the innovation which has the greatest potential to improve access to justice at pace is already available. Such technology can be applied widely and be used on a day-to-day basis to benefit both consumers and law firms. The challenge now is how we all work together to enable this to happen.’
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