The report estimates that LegalTech contributes over £260m in GVA to the region's economy and has shown a 50% growth in the number of firms over the last 12 months. The LegalTech sector is driven by a strong legal services industry that contributes a GVA of c.£920m and a growing tech ecosystem that contributes an estimated £9.2bn.
This latest report is the third in a series published by LegalTech in Leeds / Whitecap Consulting, following the initial report in 2020. The Leeds region LegalTech sector is emerging as a pivotal component of the broader technology and legal industries, leveraging innovation to enhance legal service delivery, and set to create over 1,800 jobs by 2025.
This report is sponsored by Addleshaw Goddard, Bruntwood SciTech, BPP University, Leeds Trinity University, PEXA, rradar, The University of Law, The University of Leeds and Walker Morris, and is supported by Leeds City Council, Leeds Law Society, West Yorkshire Combined Authority and LawtechUK.
