LawtechUK and Tech Nation have released a case study report detailing a proof of concept involving RegulAItion's AIR Platform as part of investigating the potential for big data analytics in the legal sector.
The proof of concept was undertaken with Norton Rose Fulbright, Ashurst, Vodafone and the Solicitors Regulation Authority, using RegulAItion’s AIR Platform.
AIR Platform enables privacy-preserved data collaboration, and orchestration of distributed and decentralised data.
In announcing the report's release, Jenifer Swallow, Director - LawtechUK at Tech Nation, posed a series of questions by way of contextual insight:
- Is cross-sector insight something clients want and need from their lawyers?
- Is there a rich opportunity for pooling data insights in law to deliver on that need?
- Can technology help navigate the compliance/governance requirements of shared data access?
- Can competitors work together with shared purpose?
- Are regulators at the table in support of innovation and increased data access?
"YES to all the above."
Access to data and data sharing continues to stifle innovation in the legal sector. Obtaining access to data in the legal sector is difficult, particularly where that access requires ‘sharing’. LawtechUK have identified that legal and regulatory concerns are a key barrier for greater data access.
This proof of concept report sets out, for the first time publicly in the legal sector, how privacy enhancing technologies can support multiple organisations to extract insights from their collective data without relinquishing control over that data or revealing confidential or personal information to any third party (including other participants of the project).
- Report link: https://resources.lawtechuk.io/files/Multi-party-Proof-of-Concept-v2.pdf
- Reference:  Jenifer Swallow's announcement (Linkedin): https://www.linkedin.com/feed/update/urn:li:activity:6922839382240460800/
If you would like to explore multi-party data collaboration - between entities; across borders; to power your project or product or otherwise - please contact RegulAItion via the Contact Us page on this website.