The latest Today’s Conveyancer podcast welcomes Orbital Witness CEO Ed Boulle on to discuss how the explosion of technologies using artificial intelligence is being harnessed to benefit conveyancing lawyers.
Far from technology replacing lawyers, the work being done by organisations like Orbital Witness is designed to enhance the role of the lawyer say Ed; removing large chunks of the lengthy and laborious review of documentation and instead providing succinct and simple overviews.
The technology implemented by Orbital Witness has been pointed very specifically at leasehold where it will digitise and review a leasehold title with the ambition that by speeding up the process, conveyancers will be able to better scale leasehold transaction work in a similar way to freehold. Interestingly, and a point Ed is keen to make in the discussion, the technology is backed by a wrap-around insurance.
And Ed is keen to point out that Orbital Witness has an established track record in commercial property, drawing on that experience to launch into residential and is working with a number of firms including Enact, Blacks, Wilkin Chapman and LPL to continue to refine the service.
This interesting discussion touches on the art of the possible when it comes to implementing artificial intelligence into the conveyancing process and explores how technology can help practitioners scale-up legal services.
The Today’s Conveyancer podcast can be found on your preferred podcast provider and also at www.todaysconveyancer.co.uk. Subscribe and listen in for all the latest conveyancing industry news and views.