Search Acumen launches new digital onboarding solution eCOS following its acquisition by InfoTrack
Search Acumen, the property data insight and technology provider, has added electronic client onboarding solution (eCOS) to its suite of digital conveyancing tools, equipping legal firms with a fast, digital process to communicate with their clients. The launch represents the first technology-sharing arrangement between the business and its new owners, InfoTrack, one of the world’s […]
The Digital Transformation of Conveyancing
The pandemic brought a revolutionary shift in the adoption of new practices to support working from home. While the conveyancing industry, like others, rapidly embraced digital technology solutions to enable remote work, many of those solutions also helped the industry cope with increased transaction volumes due to the Stamp Duty Holiday. Ben Carroll, Managing Director […]
Is regulation stifling innovation for law firms?
When Raconteur published its special ‘Future of Proptech’ report in The Times, I was drawn to an article that was headlined ‘property solicitors must embrace tech’. The piece, written by Chris Stokel-Walker, focused on the need for conveyancers to “break the shackles of tradition” in order to be able to create a more modernised, digital […]
Experienced additions to Coadjute Advisory Board
Following its successful launch this month, leading PropTech Coadjute today announces the appointment of three new Advisory Board Members, further strengthening their expertise and avenues for collaboration with all sectors of the property market. Coadjute (which means ‘to co-operate’) is a digital network that connects the existing software that property businesses use; enabling them to […]
1/3rd of firms introduced new technology in the last 12 months
A major independent study into innovation in the legal sector has revealed that while the majority of law firms are making increasing use of day-to-day technology, the development of bespoke legal technology is largely focussed on advances which will benefit larger corporate clients. The research carried out by the University of Oxford on behalf of […]
The Digital Solicitor podcast: Making hybrid working for law firms a reality
The pandemic has pushed the dialogue around working from home forward by about 30 years. It has raised the whole topic of how we work and where we work, so how can law firms continue to motivate, support, promote wellbeing and improve collaboration amongst their teams with working from home becoming increasingly popular? And what […]
Right first time; new form for restrictions in the register
In-form-ed Consent: Use new form RXC to comply with restrictions in the register The story: You’ve been working for months on a deal that required the cooperation of the seller’s ex-husband, the management company or a risk-averse mortgagee. It’s been fraught with difficulty, you’ve finally completed it and submitted the disposition for registration, only to […]
Single digital ID a step closer
The government have published plans designed to enable the production of a single digital identity for everyone, for the purposes of providing ID verification for activities such as buying alcohol through to purchasing a home. A consultation will seek input on three key questions the governance system to oversee digital identity and and make sure […]
LMS releases Secure Link® messaging service to streamline conveyancing process
LMS, the UK’s leading conveyancer and panel management specialist, has announced the launch of its innovative Secure Link messaging service to better streamline the conveyancing process and improve case query turnaround times. The Secure Link® service will enable law firms to raise common post-offer queries with RBS and NatWest. As both lenders are prioritising queries […]
Search Acumen launches interactive data tool to provide early warning of property transaction risks
Search Acumen, the property data insight and technology provider, has launched a new tool that provides real-time property data to lawyers via interactive reports, empowering them to advise clients earlier and progress transactions more efficiently than ever before. Interactive Data Snapshot provides conveyancers and property lawyers with unprecedented access to live property due diligence data that […]
Mitigating the Risk of Cyber Fraud
Conveyancers are a prime target for cyber criminals as they regularly deal with such significant sums of money. Between March 2020 and March 2021, the SRA reported 147% increase in cyber attacks on law firms when comparing the first 3 months of 2020 to the first three months of 2021. The repercussions of cyber attackers […]
HM Land Registry Digital ID – explained
Despite the coronavirus pandemic having unprecedented ramifications across the globe, it has proved to be a positive catalyst with technological projects being accelerated in the conveyancing landscape. Last year HM Land Registry (HMLR) recognised the urgent need for a more secure, efficient, easy and convenient means of identifying those parties involved in a property transaction. […]
Blockchain aims to cut transaction times in half
Blockchain technology specialist Coadjute has formally launched in the UK with the aim to provide a real-time network to speed up property transactions. Launching with the first live property deal on the network, a 3-bedroom house, Kent, Coadjute has ambitions to reduce the 5-month average process for buying and selling property by half. Seven of […]
The rise of the digital signature
Compared to other professional services, the legal sector has historically been a slower adopter of technology, predominantly due to risk-averse practitioners, the partnership and billable hours model – promoting the slow sifting of precedents and casework, along with minimal time to explore the adoption of new technology and learn new tools. Today, thankfully, the legal […]
Free Fraud and Cyber-Crime Prevention Webinar
poweredbypie, a Dye & Durham company working together with Lawyer Checker, is inviting conveyancers to a free fraud and cyber-crime prevention webinar to be held on 22 July 2021 at 11am. For further information or to register please see: https://attendee.gotowebinar.com/register/4575261812902315790 Tom Lyes Director of Engagement, Lawyer Checker confirms: “Cyber-crime is a growing issue for conveyancers […]
Laura Devine Immigration identify Linetime to scale international operations
Laura Devine Immigration (LDI) has selected Linetime as a replacement Practice Management System to further strengthen their client services offered from their London and New York offices. Linetime’s client service, collaboration and product adaptability were key influences on their decision. Linetime, recently acquired by PracticeEvolve Group, offers rich enterprise level software featuring Practice Management, Document […]
HM Land Registry Release Electronic Signature Guidance
HM Land Registry has released details of its new guidance on “Accepted Signatures.” The guidance covers the types of signatures accepted by HMLR for forms, restriction consents and certificates, defining the options for conveyancers. Wet ink signature: A wet ink signature is a hand-written pen to paper signature. Mercury signing: A defined process by which […]
Technology set to benefit everyone with “the gift of time” across the property transaction
Paul Albone spent the early part of his career writing and overseeing large scale IT systems in both MoD and Telecoms environments, before joining tmgroup in 2002. Since then, Paul has architected tmgroup’s systems to become market leading, and was also instrumental in transitioning the business out of NLIS and into (and out of) HIPS. […]
Law firm websites are not ready for latest Google update
Legal digital marketing agency founder, Sam Borrett, examines the data from the third annual legal sector review of law firm’s website performance and draws out some interesting conclusions to help law firms migrate to a new digital-first world. The general trend from this year’s report appears to be that often just one or two particular […]
Why Lawyers Should be Taking Notice of Data
When we were invited to participate in a ‘Future of Proptech’ report by Raconteur, which published in The Times newspaper, we were delighted to share our views on the shape of things to come. Encapsulating what the future of the property industry will look like however, when driven by technology innovation, is a wide-reaching topic […]