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 […]
CTS Update: recovery now in final phase but may yet “take some time”
An update on the CTS website has been published providing further information around their response to the “cyber incident” reported over a week ago. The Managed Service Provider (MSP) has said it had implemented a “four-phase” response and was now in the 4th and final stage of restoration of services, but warned it may yet […]
Home movers urged to get “MoveReady”
Home movers, estate agents and conveyancers are being urged to get “MoveReady” following the launch of a home moving app that will encourage vendors to instruct their conveyancer before listing their property, enabling compliance with the recently released Parts B & C requirements in the National Trading Standards Estate and Lettings Agent Team Material Information […]
On-boarding trial speeds up transactions by 7 weeks
A 12 month trial of an in-house on-boarding software has resulted in a reduction in transaction times of up to 7 weeks, say Derby-based legal, property and financial specialists, Sort Group. The software, which was built but Sort Group themselves, includes the licensed Law Society protocol forms and third-party integrations with HooYu and Yoti Sign, which […]
Details of funding to improve digital homebuying
Further details have emerged around the £3m of funding allocated to investment in the home buying and selling process announced in last week’s Autumn Statement. It is hoped the investment in innovative technologies and data projects will improve the home buying a selling process in England and Wales. The £3m of funding will be allocated […]
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 […]
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 […]
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 […]
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 […]
“Cyber incident” impacting transactions – c. 80 firms affected
A reported “cyber incident” is affecting around 80 firms up and down the country and preventing transactions moving forward. The outage legal sector specialist infrastructure service provider CTS is preventing firms from accessing systems and risks bringing exchanges and completions to a standstill. The issue has been brought to the attention of Today’s Conveyancer by […]
Tie up to offer reservation agreements to panel manager
Reservation agreements will be offered to home movers through a partnership between a digital reservations services provider and a residential property consultancy. The “strategic partnership” between Gazeal and Landmark will see reservation agreements integrated into the Optimus panel management offering for home movers. The tie up has been described as a way for buyers and […]
We’re making property logbooks work – RLBA
Property logbooks are helping conveyancing firms get on the front foot with post completion, encouraging home movers to take greater ownership of their property information and enabling them to present more up-front information to prospective buyers when they come to next transact their property. There are also indications that property logbooks can help firms retain […]
Are we in the midst of a conveyancing cold war?
Half a century next year. 50 years of being heavily involved with conveyancing, conveyancers, and estate agents. As the saying goes, I would have got less time for murder! Those 50 years included moving from the 20th Century to the 21st Century, and the job and the conveyancing process is more difficult, challenging, and frustrating […]
Rowlinsons upgrades source of funds verification with Armalytix
Rowlinsons Solicitors, a highly respected, award-winning law firm in Cheshire and Source of Funds experts Armalytix are partnering up to make client processes simple and effective. Armalytix is an FCA regulated data intelligence firm that works with some of the biggest and best firms in the UK to allows consumers to safely share data via […]
PLS Solicitors chooses LMS Secure Link Workspace to streamline communication with stakeholders
Today, LMS, the UK’s leading conveyancer and panel management specialist, announces that PLS Solicitors, an award-winning property law practice, has selected LMS Secure Link Workspace as its method for complete communication and enquiry management with all stakeholders in the conveyancing process. With efficiency and security already at the heart of the Secure Link offering, LMS […]