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10 March 2021 / Sheila Kumar
Issue: 7924 / Categories: Features , Profession , Conveyancing , Technology
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Conveyancing: watch this (digital) space

42012
Sheila Kumar outlines the changing face of conveyancing
  • Digitisation: improving home buying and selling?
  • AI: supervision and regulation.
  • 2020 shake-up: new ways of serving clients.

Even pre-pandemic, the conveyancing industry was going through a period of change. A drive to focus on more upfront information from sellers, transparency to ensure that consumers are able to find the best lawyer for them and exciting technological developments were already underway. The pandemic has sped much of this up and allowed us to see what potentially lies ahead.

Digitisation

Digitisation, in the form of online identity verification and e-signatures, for example, has started to open up a range of opportunities for improving the home buying and selling experience for consumers. Successful use of technology isn’t about adopting it for its own sake; it’s about seeing what can help manage administrative burdens, undertake digitally what used to be face to face, and improve workflow management for staff and customers alike.

More and more conveyancing practices are doing this. They

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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