header-logo header-logo

Making tech at home in conveyancing

169179
Residential property law isn’t exactly leading tech innovation. Why not, & how can it change? Peter Ambrose investigates
  • Why residential property lawyers should embrace AI and use it to their advantage.

When it comes to driving technology innovation, residential conveyancing tends to take a bit of a back seat—which is ironic, given that risk management is among the biggest benefit offered by technology, and conveyancing is the discipline that carries the most risk today.

As buying or selling a property is the most common reason for someone to instruct a lawyer, this makes competition fierce and margins slim. Law firm owners will acknowledge that residential property work is often at the back of the queue for investment, despite its ability to generate cash for the business quickly.

Unfortunately, investment in new technology for conveyancers remains sluggish. Moreover, the stamp duty land tax holiday experience still casts a long shadow, making retention and recruitment of experienced staff challenging.

A highly fragmented market

Bringing technology change

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Birketts—trainee cohort

Birketts—trainee cohort

Firm welcomes new cohort of 29 trainee solicitors for 2025

Keoghs—four appointments

Keoghs—four appointments

Four partner hires expand legal expertise in Scotland and Northern Ireland

Brabners—Ben Lamb

Brabners—Ben Lamb

Real estate team in Yorkshire welcomes new partner

NEWS
Robert Taylor of 360 Law Services warns in this week's NLJ that adoption of artificial intelligence (AI) risks entrenching disadvantage for SME law firms, unless tools are tailored to their needs
From oligarchs to cosmetic clinics, strategic lawsuits against public participation (SLAPPs) target journalists, activists and ordinary citizens with intimidating legal tactics. Writing in NLJ this week, Sadie Whittam of Lancaster University explores the weaponisation of litigation to silence critics
Delays and dysfunction continue to mount in the county court, as revealed in a scathing Justice Committee report and under discussion this week by NLJ columnist Professor Dominic Regan of City Law School. Bulk claims—especially from private parking firms—are overwhelming the system, with 8,000 cases filed weekly
Writing in NLJ this week, Thomas Rothwell and Kavish Shah of Falcon Chambers unpack the surprise inclusion of a ban on upwards-only rent reviews in the English Devolution and Community Empowerment Bill
Charles Pigott of Mills & Reeve charts the turbulent progress of the Employment Rights Bill through the House of Lords, in this week's NLJ
back-to-top-scroll