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Solution to £23bn problem of late payments for SMEs lies in new online platform



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LawtechUK has today published a feasibility study and proof of concept for a new technological approach to the late payment challenges facing British business – an ‘SME online dispute resolution’ platform, produced in partnership with a consortium of legal, technology and alternative dispute resolution experts from the University of Oxford, Oxford Computing Consultants, Resolve Disputes Online and Jur.
LawtechUK is a collaboration between Tech Nation, the LawtechUK Panel and the Ministry of Justice. In May 2020 it launched four initial programmes – including the exploration of an ‘SME online dispute resolution’ platform – to help accelerate the digital transformation of the legal sector to …

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