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A bright future for conveyancing

21 May 2021 / Veronica Cowan
Issue: 7933 / Categories: Features , Profession , Conveyancing , Property , Technology
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Advances in technology, spurred on by the challenges of the pandemic & remote working, mean electronic conveyancing has come into its own, as Veronica Cowan reports
  • Electronic conveyancing can bring the added benefits of speed and improved customer service.
  • Legal technology solutions are essential to business continuity.

For many professional conveyancing lawyers, the pandemic has sharpened their focus on the benefits and challenges of electronic conveyancing and encouraged them to adopt a more digitised approach to progressing property transactions. There has been a rapid shift from manual to digital ID checks, accelerated by the social restrictions of the past year, explains Olly Thornton-Berry, co-founder and managing director of anti-fraud experts Thirdfort.

‘At the same time, law firms transitioning to remote working, social distancing restrictions and a turbulent economy have created a perfect storm for identity fraud. Demand has been driven by necessity and huge growth has occurred in the use of digital solutions like automated anti-money-laundering checks and ID verification, which tools are backed by regulators, government

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NEWS
Ceri Morgan, knowledge counsel at Herbert Smith Freehills Kramer LLP, analyses the Supreme Court’s landmark decision in Johnson v FirstRand Bank Ltd, which reshapes the law of fiduciary relationships and common law bribery
The boundaries of media access in family law are scrutinised by Nicholas Dobson in NLJ this week
Reflecting on personal experience, Professor Graham Zellick KC, Senior Master of the Bench and former Reader of the Middle Temple, questions the unchecked power of parliamentary privilege
Geoff Dover, managing director at Heirloom Fair Legal, sets out a blueprint for ethical litigation funding in the wake of high-profile law firm collapses
James Grice, head of innovation and AI at Lawfront, explores how artificial intelligence is transforming the legal sector
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