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A bright future for conveyancing

21 May 2021 / Veronica Cowan
Issue: 7933 / Categories: Features , Profession , Conveyancing , Property , Technology
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Advances in technology, spurred on by the challenges of the pandemic & remote working, mean electronic conveyancing has come into its own, as Veronica Cowan reports
  • Electronic conveyancing can bring the added benefits of speed and improved customer service.
  • Legal technology solutions are essential to business continuity.

For many professional conveyancing lawyers, the pandemic has sharpened their focus on the benefits and challenges of electronic conveyancing and encouraged them to adopt a more digitised approach to progressing property transactions. There has been a rapid shift from manual to digital ID checks, accelerated by the social restrictions of the past year, explains Olly Thornton-Berry, co-founder and managing director of anti-fraud experts Thirdfort.

‘At the same time, law firms transitioning to remote working, social distancing restrictions and a turbulent economy have created a perfect storm for identity fraud. Demand has been driven by necessity and huge growth has occurred in the use of digital solutions like automated anti-money-laundering checks and ID verification, which tools are backed by regulators, government

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MOVERS & SHAKERS

CBI South-East Council—Mike Wilson

CBI South-East Council—Mike Wilson

Blake Morgan managing partner appointed chair of CBI South-East Council

Birketts—Phillippa O’Neill

Birketts—Phillippa O’Neill

Commercial dispute resolution team welcomes partner in Cambridge

Charles Russell Speechlys—Matthew Griffin

Charles Russell Speechlys—Matthew Griffin

Firm strengthens international funds capability with senior hire

NEWS
The proposed £11bn redress scheme following the Supreme Court’s motor finance rulings is analysed in this week’s NLJ by Fred Philpott of Gough Square Chambers
In this week's issue, Stephen Gold, NLJ columnist and former district judge, surveys another eclectic fortnight in procedure. With humour and humanity, he reminds readers that beneath the procedural dust, the law still changes lives
Generative AI isn’t the villain of the courtroom—it’s the misunderstanding of it that’s dangerous, argues Dr Alan Ma of Birmingham City University and the Birmingham Law Society in this week's NLJ
James Naylor of Naylor Solicitors dissects the government’s plan to outlaw upward-only rent review (UORR) clauses in new commercial leases under Schedule 31 of the English Devolution and Community Empowerment Bill, in this week's NLJ. The reform, he explains, marks a seismic shift in landlord-tenant power dynamics: rents will no longer rise inexorably, and tenants gain statutory caps and procedural rights
Writing in NLJ this week, James Harrison and Jenna Coad of Penningtons Manches Cooper chart the Privy Council’s demolition of the long-standing ‘shareholder rule’ in Jardine Strategic v Oasis Investments
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