- New Eagle Lab launched in partnership between Barclays and the Law Society
Global law firm Norton Rose Fulbright Global has signed up to Eagle Lab - a new law-tech incubator launched by Barclays and the Law Society. The aim of the lab is to help the UK be a leader in the field of law technology.
The law-tech incubator will help companies start-up and scale up by assisting their development of new technology products and harnessing collaboration with like-minded entrepreneurs and innovators, whilst being supported by law firms and universities.
As a partner, Norton Rose Fulbright will provide feedback and guidance to help entrepreneurs develop, test and refine their products with the potential to implement new technology into their firms. The new incubator will provide access to mentoring and workshops. It will be supported by a dedicated Ecosystem Manager and Barclays’ colleagues who will provide on-site advice for entrepreneurs on areas including business and personal finance, as well as connections into Barclays’ international networks.
Barclays will meet potential law-tech Eagle Lab residents to discuss their aim and scale of ambition, relevance to law/regulation technology, their funding status and ongoing sustainability, how they will benefit from the initiative and their commitment to the law-tech ecosystem and wider community. Selecting businesses for residency will be mutually discussed by the partners, before Barclays makes the final decision on successful applicants.
Sean Murphy, partner and global head of FinTech practice and head of Technology and Innovation for EMEA, commented:
“We are delighted to have collaborated with Barclays on this programme. As a firm it is important to be involved in these initiatives and to trial and support new and emerging technologies to ensure we can deliver complex projects efficiently and effectively for our clients.”
The law-tech Eagle Lab is the latest in a growing network of 15 Labs set up by Barclays to help start-up and scale up businesses to create, innovate and grow. Eagle Labs originally converted under-utilised bank spaces to create thriving ecosystems at the heart of their community. They have developed into a UK-wide network, partnering with organisations that share Barclays’ vision to empower businesses and communities to drive the UK economy. Many of the Labs have a specific industry focus on technology areas such as artificial intelligence and home automation.
For further information please contact:
Heledd Phelps-Brown, Head of Public Relations
Tel +44 (0) 20 7444 2890; Mob +44 (0) 77 0297 1352
Kate Farrell, Public Relations Executive
Tel: +44 (0) 20 7444 3724; Mob: +44 (0) 7515 324 290
Notes for editors:
Norton Rose Fulbright
Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.
Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.
Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.
Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices.