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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

Freeths—Ruth Clare

Freeths—Ruth Clare

National real estate team bolstered by partner hire in Manchester

Farrer & Co—Claire Gordon

Farrer & Co—Claire Gordon

Partner appointed head of family team

mfg Solicitors—Neil Harrison

mfg Solicitors—Neil Harrison

Firm strengthens agriculture and rural affairs team with partner return

NEWS
Conveyancing lawyers have enjoyed a rapid win after campaigning against UK Finance’s decision to charge for access to the Mortgage Lenders’ Handbook
The Crown Prosecution Service (CPS) has launched a recruitment drive for talented early career and more senior barristers and solicitors
Regulators differed in the clarity and consistency of their post-Mazur advice and guidance, according to an interim report by the Legal Services Board (LSB)
The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness
A Competition Appeal Tribunal (CAT) ruling has reopened debate on the availability of ‘user damages’ in competition claims. Writing in NLJ this week, Edward Nyman of Hausfeld explains how the CAT allowed Dr Liza Lovdahl Gormsen’s alternative damages case against Meta to proceed, rejecting arguments that such damages are barred in competition law
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