header-logo header-logo

Data suggests conveyancers missing out on digital opportunities

09 September 2022
Categories: Legal News , Conveyancing
printer mail-detail
Conveyancing teams could save themselves ‘days, weeks or even months’ by embracing technology, research by lawtech company InfoTrack suggests

According to an ongoing research project by InfoTrack, digitalisation of conveyancing tasks peaks at the post-completion stage but there is scope for significantly more digitalisation at the pre-completion and client onboarding stage.

The data is contained in InfoTrack’s Digital Conveyancing Maturity Index, which uses information submitted by the Law Society, CQS, CLC, SLC, LawNet, The Conveyancing Association, and Bold Legal Group members.

Data collected so far shows approximately one third of law firms are attaining the highest possible level of digital maturity at the post-completion stage. However, InfoTrack report ‘huge room for improvement’ at other stages of the conveyancing process.

Sam Jordan, InfoTrack COO, said: “The missed opportunities in what are the most time and labour-intensive aspects of the conveyancing process are staggering.

‘At this point pre-completion looks like it’ll be the least mature area. We’re talking about technology that’s freely available that would save a busy conveyancing team days, weeks, or even months over the course of a year through efficiency and accuracy gains.’

Law firms can complete the Digital Conveyancing Maturity Index survey in approximately 10 minutes. The reports are free and completely confidential.

Categories: Legal News , Conveyancing
printer mail-details

MOVERS & SHAKERS

NLJ Career Profile: Maria Karaiskos KC, Church Court Chambers

NLJ Career Profile: Maria Karaiskos KC, Church Court Chambers

Maria Karaiskos KC, recently appointed as the first female head of Church Court Chambers, discusses breaking down barriers, the lure of the courtroom, and the power of storytelling

Bevan Brittan—Bethan Gladwyn

Bevan Brittan—Bethan Gladwyn

Housing management team expands with specialist partner hire

Ionic Legal—Tania D’Souza Culora

Ionic Legal—Tania D’Souza Culora

Brand protection and IP disputes expertise strengthened with partner hire

NEWS
In a special tribute in this week's NLJ, David Burrows reflects on the retirement of Patrick Allen, co-founder of Hodge Jones & Allen, whose career epitomised the heyday of legal aid
Writing in NLJ this week, Kelvin Rutledge KC of Cornerstone Barristers and Genevieve Screeche-Powell of Field Court Chambers examine the Court of Appeal’s rejection of a discrimination challenge to Tower Hamlets’ housing database
Michael Zander KC, Emeritus Professor at LSE, tracks the turbulent passage of the Terminally Ill Adults (End of Life) Bill through the House of Lords in this week's issue of NLJ. Two marathon debates drew contributions from nearly 200 peers, split between support, opposition and conditional approval
Alistair Mills of Landmark Chambers reflects on the Human Rights Act 1998 a quarter-century after it came into force, in this week's issue of NLJ
In his latest Civil Way column for NLJ, Stephen Gold surveys a raft of procedural changes and quirky disputes shaping civil practice. His message is clear: civil practitioners must brace for continual tweaks, unexpected contentions and rising costs in everyday litigation
back-to-top-scroll