Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Technology > How technology is helping the UK improve legal assistance
    Technology

    How technology is helping the UK improve legal assistance

    Published by Gbaf News

    Posted on February 12, 2020

    5 min read

    Last updated: January 21, 2026

    The image showcases a digital platform that highlights how technology is transforming access to legal services in the UK, aiding small businesses in overcoming legal challenges.
    A digital interface displaying legal documents and technology tools for legal assistance - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Digitial law platforms

    By Anna Simmonds, Head of Commercial at Sparqa Legal

    The English legal system has traditionally been regarded as one of the most respected in the world;with a top-quality bar and independent judiciary, it is the jurisdiction of choice for global business deals and the resolution of international disputes.

    However, it is also horribly overstretched.The legal aid advice network has been decimated by funding cuts and a severe lack of access to affordable legal services exist.

    How does this affect small businesses?

    Fewer than 10% of people experiencing legal problems instruct solicitors, and with top lawyers charging up to £1,000 per hour, it is no surprise that two thirds of people feel that legal services are too expensive.

    Whilst small businesses typically face 8 legal issues a year, 83% see legal services as unaffordable and prefer to address it alone to save costs. And yet, the information available online is often limited or misleading. Of course, ignorance of the law is no excuse and the stakes are high for businesses who get it wrong. For example, companies who fail to get Employer’s Liability insurance can be fined £2,500 for every day they are not insured and the fines for failure to comply with data protection regulations can be up to 20 million euros or 4% of annual turnover (whichever is greater).  The conundrum is businesses may not be able to afford traditional legal services, but they also cannot afford to bury their heads in the sand.

    How can technology help?

    Anna Simmonds

    Anna Simmonds

    It is unsurprising that barriers to accessing quality legal assistance leave individuals vulnerable and businesses at risk. But, now technology can offer a solution.

    Technological innovations have the potential to democratise legal services by reducing costs, freeing up lawyers’ time and empowering people to service their own legal needs.

    From chatbots and information platforms that provide advice on simple legal issues to the digitalisation of courts and automation of crucial yet time intensive tasks, technological developments are beginning to positively impact the legal system.

    While the justice system has often been slow to innovate, HM Courts &Tribunals Service is currently embarking on a £1 billion digital reform process which is working to overhaul the way justice is administered.Many court services have already moved online and there will be a continued move away from paper-based systems to digital solutions.

    Whilst many legal tech solutions aim to help solicitors do their jobs more efficiently, they are also increasingly being targeted at individuals who are more and more willing to do some of the groundwork themselves.

    Digital law platforms remove the need to seek out face to face legal advice based on proximity and instead widen the pool of services to which individuals have access. Trusted, centralised sources of legal information can be relied on by individuals and businesses to serve many day-to-day needs without ever needing to formally engage a lawyer.

    So, does this mean the end for lawyers?

    No; there will of course always be a role for specialised legal advice. Rather than being feared as a threat to traditional law firms, technology can be used to complement the expertise of legal professionals, freeing up time from more mundane tasks to focus on delivering high quality advice.There are countless examples of innovations improving the way lawyers work:

    • Natural language processing is facilitating smarter legal research processes
    • E-discovery is cutting down on the cost of lawyers required to assist on large scale document review projects
    • Digital contracts make the whole process more streamlined and cost effective and enable people to do business anywhere in the world without delay.

    These efficiencies can all be passed on to clients, resulting in the provision of a more affordable and thus, more accessible legal service.

    What can we expect in future?

    As engagement with legal technologies increases, not only will lawyers’ fees become more competitive, but we expect to see a growing trend of businesses accessing legal services on a subscription basis. Businesses are likely to be attracted by the transparent charging model and the security and agility that 24/7 remote access to support provides them.These new models will set the stage for a new operations model, provide lawyers more opportunities for remote and flexible work and a solution to the expensive overheads associated with running large law firms, particularly in prime central London locations.

    Today the market for legal technology is thriving with £1 bn global investment in legal technology last year. In the UK alone, investment into the sector has tripled in recent years, reaching over £62 million in 2019. The UK is now home to 44 percent of all legal tech start-ups in the EU.

    As the UK legal tech market rapidly grows, it is estimated that by embracing these new technological developments productivity growth could be doubled. This has the potential to close the justice gap.As the legal system remains overstretched, technology has the potential to level out the playing field and improve access to effective, reliable and affordable options for those who would otherwise have been priced out.

    More from Technology

    Explore more articles in the Technology category

    Image for Debtist: Digital Debt Collection for Modern Businesses
    Debtist: Digital Debt Collection for Modern Businesses
    Image for Infosecurity Europe launches new Cyber Startup Programme to champion the next generation of cybersecurity innovators
    Infosecurity Europe launches new Cyber Startup Programme to champion the next generation of cybersecurity innovators
    Image for BLOXX Launches ĀRIKI BLOXX at Web Summit Qatar
    BLOXX Launches ĀRIKI BLOXX at Web Summit Qatar
    Image for Engineering Trust in the Age of Data: A Blueprint for Global Resilience
    Engineering Trust in the Age of Data: A Blueprint for Global Resilience
    Image for Over half of organisations predict their OT environments will be targeted by cyber attacks
    Over half of organisations predict their OT environments will be targeted by cyber attacks
    Image for Engineering Financial Innovation in Renewable Energy and Climate Technology
    Engineering Financial Innovation in Renewable Energy and Climate Technology
    Image for Industry 4.0 in 2025: Trends Shaping the New Industrial Reality
    Industry 4.0 in 2025: Trends Shaping the New Industrial Reality
    Image for Engineering Tomorrow’s Cities: On a Mission to Build Smarter, Safer, and Greener Mobility
    Engineering Tomorrow’s Cities: On a Mission to Build Smarter, Safer, and Greener Mobility
    Image for In Conversation with Faiz Khan: Architecting Enterprise Solutions at Scale
    In Conversation with Faiz Khan: Architecting Enterprise Solutions at Scale
    Image for Ballerine Launches Trusted Agentic Commerce Governance Platform
    Ballerine Launches Trusted Agentic Commerce Governance Platform
    Image for Maximising Corporate Visibility in a Digitally Driven Investment Landscape
    Maximising Corporate Visibility in a Digitally Driven Investment Landscape
    Image for The Digital Transformation of Small Business Lending: How Technology is Reshaping Credit Access
    The Digital Transformation of Small Business Lending: How Technology is Reshaping Credit Access
    View All Technology Posts
    Previous Technology PostCyber security lessons for financial firms
    Next Technology PostDigital transformation: the finger on the pulse?