At the UK Lawtech Conference yesterday (12 March) Justice Minister Sarah Sackman announced that the LawtechUK programme will receive a further £1.5m investment to help startups to attract further private investment.
LawtechUK is a government-backed initiative to drive digital transformation in the legal services industry. Since 2023, LawtechUK, delivered by LegalGeek and Codebase, has directly supported over 176 startups to grow and the legal services sector is now estimated to provide over 300,000 jobs in the UK. Their activity connects businesses with investors, builds relationships between technology companies and law firms, and offers showcasing opportunities at key international and domestic events.
One recent example is Lexverify which created an AI tool that helps saves lawyers time and money by providing real-time risk prevention for legal, compliance, and cybersecurity issues.
Sarah Sackman said: “Britain is leading the world in Lawtech. We are innovating and making legal services faster, cheaper and more accessible. Our Lawtech sector is changing how we work, and opening up access to justice for working people, at lower costs.”
Lawtech UK is a government-backed initiative to drive digital transformation in the legal services industry, which is already worth £37 billion to the UK economy every year.
Beth Fellner, director at Legal Geek, said on LinkedIn:
“Yesterday’s UK Lawtech Conference was incredible! The absolute highlight being that Sarah Sackman MP KC announced LawtechUK is receiving another £1.5m in funding to continue our work for another year 🚀
Since 2023, CodeBase and LegalGeek have delivered the LawtechUK Programme, and it’s had real impact:
🪴 We have directly supported over 176 startups via educational programmes
📢 Over 2,000 people have attended an event across eight cities in every nation of the UK
💷 In 2024 alone, £41.66 million in funding was raised by LTUK-supported techs (almost a third of funding raised that year)
🎓 694 prospective lawtech entrepreneurs enrolled on our Fundamentals course
Everything we deliver via LawtechUK is free to access, thanks to the support of the Ministry of Justice UK. A special shout out to the brilliant LTUK team: Sarah Chidlow, Jimmy Vestbirk, Martin Boyle, Jon Hope, Katherine Warren, Kameliya Skerleva, Aleksandra Wawrzyszczuk, Kristen Kiis. And our LTUK advisory panel Christina Blacklaws (she/her), Chris Grant, Stephen Browning, Brian Liu, Sarah Green, Mimi Zou, Katie Atkinson, Maya Markovich, Sir Geoffrey Vos, Isabel Parker, Sophia Adams Bhatti and Richard Susskind.
