Salt Lake City, Utah. Photo: David Crowther/Adobe Stock What Keeps Vendors Away From 'Regulatory Sandboxes'? It Starts With Timing
Some legal service providers are avoiding time-limited "regulatory sandboxes" in favor of programs with an indefinite window.
May 18, 2021 at 10:00 AM
4 minute read
Innovation
Not all legal tech or service providers are jumping at the opportunity to join a "regulatory sandbox." While the ability for a nonlawyer to own a law firm or provide some legal services is still limited to Utah and Arizona, a small market isn't the only consideration hindering vendors' participation. Their hesitation can stem from a sandbox's short time frame that doesn't provide vendors enough time to set up services and gain clients.
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