SettleIndex has been selected to take part in the third cohort of the Lawtech Sandbox by LawtechUK – a programme that helps fast-track the development of game-changing lawtech.
LawtechUK is a government-backed initiative within Tech Nation, established to support the transformation of the UK legal sector through technology, for the benefit of society and the economy.
They focus on increasing awareness and understanding of lawtech and fostering transformative innovation for the legal sector. The LawtechUK work programme includes a government-backed Lawtech Sandbox for innovative R&D, and the development of new platforms, toolkits and online training.
About the Lawtech Sandbox Programme
The Lawtech Sandbox supports UK founders and legal businesses developing new products and services to transform the legal sector, for the benefit of business and society. The programme provides lawtech pioneers with the support they need to overcome challenges or regulatory blockers halting their growth and development.
To date, the Lawtech Sandbox has directly supported the development of 13 UK lawtech businesses across 2 cohorts. In a testament to the programme’s impact, past participants successfully accelerated their development timelines by as much as 18 months and increased headcount 6-fold.
Now in its third generation, the Lawtech Sandbox consists of two new programmes: Expert Mentoring and Regulatory Pathfinding. The Mentoring Programme, delivered in collaboration with Barclays Eagle Labs, offers dedicated and practical 1-to-1 support with carefully matched mentors from the Sandbox Network. The Regulatory Pathfinding Programme helps pioneers navigate the regulatory landscape, as well as provide prompt answers to any regulatory challenges facing their business through the Regulatory Response Unit.
LawtechUK is delighted to announce 31 lawtech pioneers joining the Lawtech Sandbox’s latest cohort, with 51.7% based outside of London – including companies from Scotland (Find Others), the North West (equalier), the East of England (SimSage), Northern Ireland (NolijWork) and Wales (Validient).
SettleIndex is the financial modelling platform for litigation, enabling law firms to optimise litigation outcomes, improve client service and reduce risk through financial modelling, risk analysis and litigation data.