Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property Industry Eye. Read the original article for full details.
CLC Joins Government AI Growth Lab for Legal Services Sector
The Council for Licensed Conveyancers (CLC) has signed up to the government's AI Growth Lab, a regulatory initiative aimed at helping organisations developing artificial intelligence products understand and navigate existing regulatory requirements. Legal services will be the first sector to participate in the programme.
The AI Growth Lab follows feedback gathered by the Department for Science, Innovation and Technology, which highlighted the need for clearer regulatory guidance around AI. The initiative builds on existing collaboration between legal services regulators and will bring together the CLC, the Solicitors Regulation Authority, the Information Commissioner’s Office, and the Legal Services Board.
The programme is designed to provide a controlled environment where organisations can engage with regulators while developing AI products. Applications for the Lab are expected to open later this summer and will be available to LawTech firms, legal service providers, and conveyancing businesses.
The move has been welcomed by CLC-regulated practices, including Juno Legal and Farringdon. Both firms expressed support for the initiative and its potential to support innovation in the regulated legal sector.
For UK letting agents and inventory clerks, the involvement of the CLC in the AI Growth Lab signals ongoing regulatory attention to the use of artificial intelligence in legal and property-related services. The programme may offer opportunities for conveyancing businesses and related service providers to engage with regulators as they develop new AI-driven solutions.
Source: Property Industry Eye