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"‘As part of our approach to communicating the findings from this research, we will engage with stakeholders on the research findings, to highlight that there are steps that key actors in the legal sector can take,’ the regulator said. ‘These can help to make a difference to promoting innovation and technology within smaller firms to benefit consumers of legal service"

Translated into English, that becomes:
"We will discuss our findings with interested parties. We will promote innovation and smaller firms' use of technology to benefit their clients."