‘Pay-as-you-go’ promise for client onboarding
A technology provider has pivoted its onboarding proposition to introduce a ‘pay-as-you-go’ model for its client onboarding solution. Property searches and technology business InfoTrack have announced that its Electronic Client Onboarding Solution (eCOS) will only raise a bill once their client has completed any one of the onboarding tasks that they have been sent. InfoTrack say […]
VirtualSignature-ID Solves Large File Upload Headache for Law Firms
VirtualSignature-ID, the leading eSignature and digital onboarding specialist has introduced an enhanced feature to its software which will allow clients to upload and process up to 200MB documents per transaction when sending for eSignature, which far exceeds the typical limitation of 25MB (Docusign)* or 100MB (Adobe)*. This new functionality will transform workflows, particularly for its […]
“Letting logbooks” trial for buy to let properties
Property logbooks for rental and buy-to-let properties are being trialed in partnership with Birmingham City Council and the Connected Places Catapult as part of a ‘wider programme of innovation in the West Midlands.’ Logbooks which include a Lettings Pack have been launched to help with the collation of data associated with rental property when purchasing […]
‘Embrace AI or risk being replaced’
Those in the legal sector need to ’embrace AI or risk being replaced’ as the use of AI tools in the workplace rises. The warning comes from Paul Sams, Head of Property at Dutton Gregory Solicitors, who says law firms that aren’t using it, are ‘missing a trick’. Artificial Intelligence (AI) has been around for […]
How open data standards empower conveyancers to shape future of property transactions
In the dynamic realm of property transactions, conveyancers lead the way on seamless transitions, guiding clients through the intricate process of buying or selling. As technology continues to reshape industries worldwide, conveyancers are now on the cusp of embracing a new frontier: open data standards. At first glance, the notion of standardised property data may […]
Reimagining Completions
Angela Hesketh, Head of Market Development UK at PEXA, delivers an engaging presentation on the journey of PEXA to date and how we can truly start to reimagine completions. Viewers can expect a detailed account of PEXA’s development in the UK and its ongoing direction, along with an enlightening exploration of the evolution of property […]
VirtualSignature-ID Helps Legal Claims and Finance Firms Secure More Business Online
VirtualSignature-ID, the leading UK eSignature and digital onboarding experts, have introduced a ground-breaking API tool for their clients. This tool empowers them to seamlessly integrate an HTML embedded ‘eSignature block’ to any web-based document signing or customer onboarding process. The API driven eSignature block fully automates the delivery and exchange of signed sales contracts, forms […]
Give home owners free access to their data – RLBA
Fewer restrictions on access to home owner’s data would encourage them to take greater ownership of their data and put them in control of their property says the regulatory body for property logbooks. Off the back of HMLR’s consultation on fees, the Residential Logbook Association (RLBA) has called for home owners to be given free, […]
How conveyancers can meet home mover expectations in 2024
For the last few years, conveyancing has been tough, with pressure piling on from all corners. But while the average time from instruction to completion in 2023 was 64% longer than it was in 2007, rising from 75 days to 123 days, there is hope. With the 2023 slump showing the fewest completions in years, […]
PEXA UK announce further board additions
The UK arm of PEXA, the Australian property settlement business which launched in the UK in 2022, has announced further additions to it’s board. Nicky Heathcote, current Chair of the Conveyancing Association and former Chief of Staff at the HM Land Registry, and Tim Everest, a banking executive who led the transformation at Pay.UK will […]
Are face to face Know Your Customer (KYC) checks becoming a thing of the past?
Before work can be started on any legal or high-risk financial matter, professional services firms need to complete Know Your Customer (KYC) checks and they need to complete them quickly. The identity of a client must be established in order to comply with Government regulations and to help avoid the risk of fraud. Lawyers, bankers, […]
TM Group announce acquisition of Lawtech Software Group
Property data and search company TM Group has announced the acquisition of AML and KYC compliance business Lawtech Software Group for an undisclosed sum, in a move it describes as “further (enhancing) it’s position in the digital conveyancing technology space Lawtech Software Group encompasses Verify 365 AML and KYC compliance, DynamicID identity verification, and Lawyer […]
Pre-contract enquiry management tool launched
A pre-contract enquiry management tool, designed to “reduce the amount of time spent on administration by identifying and extracting enquiries and structuring responses at the press of a button” has been formally launched. Enquiry Manager is a standalone enquiry management system which uses technology to identify enquiries in unstructured text, such as email, and formalise […]
Dye & Durham’s UK practice management solutions are winners of the 2023 ILFM Law Firm Software Users Award
Dye & Durham, one of the world’s largest providers of cloud-based legal practice management software designed to make managing a law firm, organising cases, and collaborating with clients easy, is delighted to congratulate Insight Legal and Quill – both Dye & Durham companies — for their continued recognition by the members of the Institute of […]
6 key reasons why SME law firms should develop a sustainability strategy for 2024
As environmental, social and governance (ESG) issues become a priority for businesses the world over, sustainability and ESG planning are important considerations for SME law firms. According to the Sustainability Accounting Standards Board (SASB) who identify key areas of ESG risk by market and discipline, there are a number of concerns that SME law firms […]
Armalytix Legal Year in Review 2023
Against a tide of regulation, Conveyancing remains very much the highest risk area and this was evidenced by the fact that a failure to carry out Source of Funds checks continued to remain the second most common reason for an AML report to be received by the SRA. According to the regulator in their most recent report, understanding the source […]
“Time is money” says PE-backed outsourcing specialist
“In the fast-paced world of conveyancing, time is a precious commodity” says Adil Hamid, Business Development Director at Auxilio, a private equity backed legal outsourcing service. “Auxilio enables busy fee earners, managing 50, 80, even 100 files simultaneously, to not only reclaim their time but master it. We do this by working behind the scenes, […]
Substantial investment for enquiries tool
A technology start-up which aims to automate dealing with additional enquiries raised in the conveyancing process has received “substantial investment” as accelerates the development of its product. Collaborative Conveyancing, which had previously announced it has attracted investment from David Newnes, a senior figure in estate agency, says it has now secured further investment in addition […]
Availability of homeowner data enables title fraud warns tech entrepreneur
The wide availability of home owner data empowers criminals and enables title fraud warns the founder of a new service designed to tackle the issue of property being sold from under the noses of the home owner. John Daw, founder of Title Guardian points to the case of Reverend Mike Hall, whose house was stolen […]
Australian practice management system launches in UK
An Australian practice management system has formally launched in the UK at this year’s Legalex Conference. Smokeball is a cloud practice management platform first launched in Australia in 2008 and since then has expanded in to the USA in 2012. It says it now serves 15,000 clients across various practice areas with the ambition to […]
