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Conveyancing & time-saving technology

01 August 2019 / Veronica Cowan
Issue: 7851 / Categories: Features , Profession , Property , Technology
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Veronica Cowan explains why it’s time for conveyancing firms to embrace digitalisation & adopt modern work practices

  • The need to adapt and survive: to meet the demands of buyers and sellers of property and address the challenge of increasing consolidation within the sector.

The initial thrill of buying a house can fade with snail-paced conveyancing, and not knowing what is happening. Recent research by InfoTrack found communication issues affect many consumer property transactions, with huge demand for conveyancers to introduce technology to improve digital communication, to access real-time information about their transactions. Clients of Simply Conveyancing Property Lawyers, who have or can download the Alexa app, can ask questions at any time about their conveyancing transaction, through its integration into its internal system eConvey.

Other initiatives are on track: the most recent report from the Solicitors’ Regulation Authority on technology and legal services found technological innovations reshaping the sector, with the use of artificial intelligence becoming increasingly common. Andy Sommerville, director at Search Acumen, the property data insight and technology

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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

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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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