The ideal legal regulator needs a clear approach to technology and innovation and proactively engage with legal service technology, the Legal Services Board (LSB) said.
In a paper published today on how regulation can foster responsible technological innovation, the legal super-regulator set out how regulators can support technology and innovation and increase access to legal services.
The LSB said regulators working together can reduce uncertainty for tech providers and consumers; and that technology can help open up legal services to currently excluded consumers and small businesses.
It said regulators need to be proactive rather than their “typically reactive approach”.
However, it warne...