National Conveyancing Week Special: Simplifying property due diligence and the future of searches
The latest Today’s Conveyancer podcast is an extended edition as part of National Conveyancing Week 2023. Host David Opie is joined by a panel of professionals from across the conveyancing sector to discuss the increasingly complex world of property due diligence and searches. Andrew Prismall, Chair of the Association of Independent Search Agents James Sherwood-Rogers, […]
Bank of England raises interest rates to near 15-year high
The Monetary Policy Committee (MPC) of the Bank of England has raised interest rates by 25 basis points from 4% to 4.25%. This 11th consecutive increase – voted for 7-2 by the MPC – comes after inflation rose to 10.4% in February. The Monetary Policy Committee voted by a majority of 7-2 to increase #BankRate […]
Are conveyancers suffering from mission creep?
As part of National Conveyancing Week, I’m looking at some of the increase in often non-legal conveyancer responsibilities and the wider impact this is having on our profession. A recent survey published in Today’s Conveyancer noted that 82% of those polled expressed concern that conveyancing was becoming too complex. How things used to be Before we start analysing additional […]
Armalytix and Elan announce partnership to combat AML risk
Armalytix, the data intelligence firm that allows clients to safely share Open Banking and other data to deliver financial insights to legal firms, helping them conduct faster and more effective Source of Funds and Wealth checks is partnering with Elan, to offer its Source of Funds (SoF) technology for the legal sector. Armalytix’s technology is deeply integrated […]
Collaboration Coffee Morning success
Law firms across the country have taken the messaging of National Conveyancing Week to heart as the Collaboration Coffee morning came to life yesterday. On Wednesday 22nd March law firms were invited to open their doors for a Collaboration Coffee Morning in aid of The Conveyancing Foundation as part of National Conveyancing Week. Conveyancers opened […]
Hoowla begins offering Armalytix integration
Hoowla Case Management Software has integrated Armalytix. Source of Funds and Source of Wealth checks within your existing Hoowla workflows. Hoowla now offers Armalytix integration, reducing the time it takes your client to get evidence and answers back to you. Firstly, who is Armalytix? Armalytix is a data intelligence firm that allows clients to safely […]
ROE: Lessons for solicitors considering becoming a verification agent
Last year I wrote about whether it is too risky for solicitors to act as verification agents. I decided to find out first hand what the risk implications are, by signing up as a verification agent. Some solicitors and law firms have agonised over whether to provide verification as a service to their offshore clients. The […]
Government announces multi-million-pound investment into legaltech
The Ministry of Justice has announced £3 million of investment aiming to “turbocharge” the development and use of technology in the legal sector. CodeBase and Legal Geek will receive the funding as new providers of the government-backed LawtechUK programme. CodeBase is one of the country’s largest incubators which has helped hundreds of start-ups grow and […]
Online learning: The key to attracting and retaining talent
Property transactions have almost doubled in the last decade, but with fewer active conveyancing firms to do the increased work, the sector is experiencing a “conveyancing crunch”. However, all is not lost and with attitudes to online learning rapidly changing, virtual courses to retrain and level up the new and existing workforce might just be […]
