West of England Combined Authority announces report on future of LegalTech

WESCA LegalTech report

A new report into the future of LegalTech in the West of England has been commissioned by Bristol Law Society, the West of England Combined Authority (WECA) and Bristol+BathLegalTech.

The report, which will provide a comprehensive analysis of regional innovation and technology in the legal sector, will investigate how to increase the West of England’s growing renown and competitive advantage in LegalTech. Regional  law firms, Foot Anstey, has signed up as the first business partner.

The West of England Combined Authority (WECA) is made up of three of the councils in the region – Bath & North East Somerset, Bristol and South Gloucestershire.

The LegalTech sector in the West of England is one of the fastest growing in the UK. Establishing this dynamic sector as an international centre of excellence is a central factor in both the region’s industrial strategy and the development of its legal industry.

West of England Mayor Tim Bowles said: “The West of England is a vibrant and dynamic hub for innovation in professional services. LegalTech brings together our forward-looking legal sector with our globally recognised tech sector to revolutionise the way the legal industry operates.

“This report will provide valuable data and insights not only for the region but for the entire country, being the first comprehensive survey of LegalTech in the post-COVID world. The report is a central tool for promoting the region’s strengths in LegalTech; taking the exciting Bristol+BathLegalTech initiative to the next level as a driver of digital transformation in the legal services sector. This all underlines the West of England’s national and international importance as a centre of innovation.”

Regional strategy firm Whitecap Consulting, which recently produced a similar report on Fintech in the West of England, will work with local expects across legal and tech to conduct the analysis. The final report has been sponsored by Invest Bristol & Bath and will be used to inform the national debate about the development of LegalTech both nationally and internationally, attracting further investment and business opportunities to the region.