Osprey Approach and InfoTrack help law firms to be CQS Compliant
Leading case management software provider, Osprey Approach, and award-winning conveyancing technology leader, InfoTrack, announce that they have collaborated with Tracy Thompson of Tracy Thompson Associates, lead assessor for the Conveyancing Quality Scheme, to create a three-part guide and on-demand webinar, designed to help law firms stay compliant with their responsibilities under the CQS. In Part 1 of the guide, […]
Should firms offer fixed fees or a value based pricing model, asks Osprey Approach
Despite being the default way to charge clients and measure fee earner performance for many decades, a recent report has highlighted that many law firms – 43% – are offering alternative fee arrangements to the billable hour. Another study found that although the fixed fee model is widely implemented, it does create issues, with 64% of […]
Land Data champions authoritative data in the conveyancing community as it joins CIE as a Supporter
Land Data has announced that it will join the Conveyancing Information Executive as a Supporter in May 2023, working with the trade body organisation to drive improvements and efficiencies in the searches market through the use of authoritative data. Land Data is the regulator for the National Land Information Service (NLIS), the only searches platform […]
‘Handsy’ colleagues and ‘boozy’ events: Where is the line?
The legal sector is changing. 100 years on from Carrie Morrison’s qualification as the first female solicitor, women now make up 53% of practising solicitors and 69% of applicants to law schools. The profession is made up of different races, religions, ages, genders, sexes; it welcomes the disabled and champions the neurodiverse. However, as is […]
Introducing Top 3 tips: How to stop the blame game – the next session in tm:tv series
In the major industry report, ‘Back to the Future’ from tmgroup, Conveyancing Data Services (CDS) and mio, in which 850 property professionals provided their thoughts on the property market, collaboration was the 2nd highest (behind technology) change that people wanted to see in the industry. This included better communication, education, transparency, building relationships and generally […]
Using automation to speed up AML and Source of Funds Checks and reduce risk
Money laundering large amounts of illicit funds is a serious and threatening problem for the financial and professional services sectors. The NCA (National Crime Agency) estimates that the amount of money laundered annually in the UK could be anywhere between £36 and £90 billion, so organisations are encouraged to make sure they have AML (Anti-money […]
E-witnessing: The rules
The Electronic Communications Act 2000 made it legally possible to use electronic signatures to authenticate contracts and other documents and agreements. With this legislation, documents could now be signed off with maximum efficiency and at a much lower expense. What is e-witnessing? As with some wet ink signatures, electronic signatures can require a witness. Electronic […]
Hoowla: Avoid regulatory breaches
Here at Hoowla, we understand that Conveyancers and Legal Professionals face several risks that can lead to regulatory breaches. Failure to adhere to these regulations can lead to potential legal action. Ultimately leading to reputational damage, which may spell the end for your firm. We’ve summarised some areas open to risk and how you can […]