The Council for Licensed Conveyancers (CLC) has signed up to the government’s AI Growth Lab, a regulatory initiative designed to help organisations developing artificial intelligence products understand and navigate existing regulatory requirements.
Legal services will be the first sector involved in the programme, which follows feedback gathered by the Department for Science, Innovation and Technology on the need for clearer regulatory guidance around AI.
Building on existing collaboration between legal services regulators, the Lab will bring together the Council for Licensed Conveyancers, the Solicitors Regulation Authority, the Information Commissioner’s Office and the Legal Services Board.
The programme is intended to provide a controlled environment in which organisations can engage with regulators while developing AI products. Applications are expected to open later this summer and will be available to LawTech firms, legal service providers and conveyancing businesses.
Milton James, chair of the CLC’s Technology and Innovation Working Group, said: “I believe the Legal Sector AI Growth Lab has the potential to accelerate innovation and drive growth across the UK legal sector, and I am delighted that the CLC, as a forward-thinking, pro-innovation regulator, is helping to shape and deliver this important pilot.”
The move has been welcomed by Juno Legal and Farringdon, both CLC-regulated practices.
Etienne Pollard of Juno Legal commented: “This is a great example of how the CLC enables safe, responsible and pro-consumer innovation in the regulated legal sector. We look forward to engaging with the AI Growth Lab.”
Sue Bence, COO, Farringdon, added: “The AI Growth Lab is a genuinely important step for the UK legal sector. As an AI-native law firm, we know first-hand that the most exciting opportunities to improve client outcomes often sit at the edges of existing regulatory frameworks — and that what innovators need most is a route to test those ideas safely, with their regulator alongside them.
“The CLC has been exactly that kind of partner for us as we prepared to launch Farringdon: clear-eyed about consumer protection, but genuinely curious about what new technology can do for clients and the wider home buying and selling industry. Seeing the CLC partner with DSIT, the SRA, LSB and ICO on the AI Growth Lab is hugely encouraging, and we’d encourage other innovators in legal services to engage with it.”
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