Leading international legal services business, Slaughter and May, has announced the launch of Slaughter and May Collaborate, its first legal tech programme. It joins a growing number of top firms to have created innovation spaces and incubators for legal tech companies.
The firm is no stranger to legal tech, having been the first client and an early investor in UK-based legal AI company, Luminance.
Collaborate has been created to enhance the firm’s engagement with the best new legal tech developers, to help shape the development of legal tech and to identify future efficiencies in the delivery of legal services more generally, said the firm.
The programme will also benefit Slaughter and May’s client base and includes a client advisory panel, consisting of representatives from the in-house legal teams at GlaxoSmithKline, John Lewis Partnership, Santander, Standard Chartered and Vodafone, they added.
The advisory panel will enable the firm to hear about process issues and technologies that are of interest to its clients, enable clients to explore new tools and technologies through the firm and will also provide the programme’s cohort members with the opportunity to engage in discussions directly with major in-house legal teams.
In its first cohort the Collaborate programme will select around six legal tech businesses who are looking to take the next step in their evolution.
Collaborate’s benefits include:
- access to the firm’s lawyers for product testing and feedback,
- its information security team, a sandbox environment,
- dummy data for the cohort to use in testing their products,
- collaboration spaces and other value add services
- each cohort member will also be given two dedicated Slaughter and May mentors – a member of the firm’s Knowledge or Innovation teams and a practising lawyer from a practice area that is relevant to that cohort member’s business.
An industry expert panel will join the client advisory panel to bring valuable insight into the programme. The expert panel includes Dr Anna Donovan, Vice Dean (Innovation) for the Faculty of Laws at UCL, Catherine Bamford, founder of legal engineers, BamLegal and Andrew Burgess, strategic adviser on AI, RPA and innovation.
Collaborate will be led by partners Anna Lyle-Smythe and Nilufer von Bismarck, supported by Head of Innovation, Jane Stewart, Head of Knowledge, Alexandra Woods and Senior Technology Lawyer, Natalie Donovan – all of whom have played a key role in the design and creation of the programme.
Jane Stewart, Head of Innovation at Slaughter and May, said: ‘What differentiates this programme and what we are most excited about is the level of involvement and partnership with our clients. We are offering legal tech pioneers access to our clients and an opportunity for clients to engage with leading legal tech entrepreneurs to shape, develop and finesse these technologies together.’
Interested applicants can find out more about the programme, and apply, at www.slaughterandmay.com/collaborate