The event will "help develop a pipeline of Australian legal tech firms to be set up or expand in the UK"
UK and Australian legaltech experts have enhanced their professional ties through a series of events under the UK Government's GREAT Legal Services campaign.
UK Justice Minister Mike Freer helmed the delegation of UK legaltech professionals that networked with local legaltech companies through workshops, roundtables and networking events from 13-14 May. The event was organised in collaboration with the Department for Business and Trade.
This event was set up to assist UK lawtech companies in securing business and expanding their market presence in Australia. It was centred around Sydney’s annual Legal Innovation and Tech Fest and marked the second consecutive year that events have been designed to drive the sharing of legal knowledge between the UK and Australian legal sectors.
Moreover, the UK delegation’s trip “will help develop a pipeline of Australian legal tech firms to be set up or expand in the UK, further cement the UK’s position as a world leader in legal services and legal technology and support smaller regional firms to trade internationally”, the UK government said in a media release.
“Promoting the UK’s legal and tech sectors abroad helps build connections and ultimately bring investment back to the UK – just as we’ve seen from the success of last year’s conference which resulted in millions of pounds worth of business deals”, Freer said.
British Consul General and Deputy Trade Commissioner Asia Pacific Louise Cantillon highlighted the history between both countries and the tie between them through the UK-Australia free trade agreement.
"Australia and the UK have a long legal history together, and we have entered a new and exciting era in our bilateral relations as we approach the anniversary of the UK-Australia Free Trade Agreement’s entry into force. The FTA has created new legal and professional services opportunities for both countries, and strengthened the exchange of talent, ideas, and innovation", Cantillon said.
Freer is also set to visit Singapore.