17 December 2021
More than two thirds of senior commercial property law professionals think it very likely that administrative tasks for commercial real estate transactions will be fully automated within the next three years
A report published last week by due diligence data provider SearchFlow, ‘Commercial real estate lawyers of the future’, looked at likely scenarios in 2025. As well as predictions of full automation, the senior legal professionals interviewed believe they will spend more time on fee-earning and encounter fewer human errors. They also supported greater access to more due diligence data insights upfront to lessen the element of surprise later on.
