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Bloomberg: British Law Firm Incubators Lead Way with Legal Tech Innovations

Posted on 02 May 2019. Source: Bloomberg Law

With the third consecutive year of our MDR LAB programme starting on Tuesday 7 May, Nick West, Chief Strategy Officer and Director of MDR LAB, spoke to Bloomberg Law about how incubators are vital in part because the future of law resides in the use of artificial intelligence and task automation.

Legal tech incubators are taking off in the U.K. as law firms like Slaughter and May choose new cohorts of companies, with even Big Four accountancy PwC getting in on the action by planning the launch of its own proving ground for growing legal tech outfits.

Starting a successful incubator is difficult—"harder to do than it seems," he says, but it’s worth it, especially when able to please firm clients with demonstrations of tech advancements."

To view the full article, please click here.

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