InfoTrack takes home Supplier of the Year at British Legal Technology Awards
InfoTrack has been awarded Supplier of the Year at the 2023 British Legal Technology awards for the second time in three years. Taking the win for Supplier of the Year for their eCOS client onboarding solution, the award recognises demonstrated excellence in legal technology and client-focused services. The award honours suppliers which are re-shaping the […]
Conveyancer numbers shrink by 13% in 2 years
The number of conveyancing professionals currently undertaking transactions has fallen by 13% since 2021 and transaction volumes may not recover until 2025 with the first nine months of 2023 down by 22% compared to the same period in 2022. This follows a similar trend in 2022 which were down 15% year on year. The latest IRN […]
“Momentous” leasehold reform bill introduced to Parliament
The “Leasehold and Freehold Reform Bill” is set to be introduced to Parliament today (27th November), just two weeks after the Kings Speech. The Bill could see new leasehold homes banned in England and Wales Reformers have described its introduction as “momentous” with the bill set to make it easier for leaseholders to purchase their […]
Updated practice guide: PG6
Devolution on the death of a registered proprietor (PG6) Page summary: What to do following the death of a joint, sole or last surviving proprietor of a registered estate, charge or mortgage (practice guide 6). Change made: Section 2.5 has been added to give guidance on vesting and/or transfer of property as bona vacantia on […]
VirtualSignature-ID Launches its Qualified eWitnessing Solution Supported by GBG
VirtualSignature-ID, the market leading pioneer of regulatory technology for eSignature and ID verification that helps professional services organisations, financial institutions and other commercial organisations stay compliant and reduce risk, will be launching its game changing new Qualified Electronic Signature solution with re-usable and re-verifiable ID, automated eWitnessing and document certification technology at LegalEx 2023 this […]
Cyber incident affects c.80 conveyancing firms
A cyber incident, which was first reported on Wednesday 22nd November, has brought many conveyancing firms, and transactions, to a standstill. Legal sector specialist infrastructure service provider CTS confirmed last week it had been the victim of a “cyber incident” and was working to restore systems “as soon as possible.“ Despite initial reports suggesting up […]
Chancellor resists changes to SDLT
Despite calls for property market incentives, the chancellor has resisted changes to SDLT and Inheritance Tax and instead focused on national insurance and business rates relief in the Autumn statement. There have been calls for amendments to SDLT with people in the industry giving a divided response. The ongoing discussion centres on whether it should […]
Interview: Thomas Maerz; CEO tmgroup
With a Competition and Markets Authority investigation hanging over them until recently, and with new ownership which has brought about changes in the management team, it’s fair to say conveyancing search and technology provider tmgroup have had a testing last 24 months. And that’s before we consider the impact the current property market volumes have […]
SRA report examines use of AI in law firms
The Solicitors Regulation Authority (SRA) have shared a report outlining both the opportunities and risks associated with and presented by the use of Artificial Intelligence (AI). This report forms part of the SRA’s Risk Outlook series and the latest report specifically focuses on how AI is impacting the legal services sector. The report, whilst researching […]
New-style scam alert warning
An outsourced compliance service provider has warned of a new-style scam they have intercepted involving criminals impersonating the Solicitors Regulation Authority (SRA). The methodology involves individuals contacting law firms alleging to be from the SRA and asking to attend their offices onsite for a “pre audit meeting.” Contact is made via phone call from a […]
An expert take on case and matter management
Steven Hill, Managing Director at Case Management System provider Denovo BI joins Today’s Conveyancer Podcast host David Opie to discuss technology, case management, and the challenge of working across Scottish and English jurisdictions. Steven talks about his history with the business over 18 years and his recent promotion to the role of Managing Director. Denovo […]