Insight: Conveyancing

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13 July 2015


The second issue of Legal Futures Insight explores some of the big changes shaping the future of conveyancing.

With award-winning marketing, massive investment and a later than expected launch, Veyo has finally arrived. Leading conveyancers, including the head of a top five firm, the new president of the Law Society and licensed conveyancers myhomemove give their very different reactions.

Lender Exchange has been with us for longer, but it is only this year that it has signed up virtually every active conveyancing firm – almost 5,000. Insight 2 finds out whether Lender Exchange, and its smaller rival LMS, will make life simpler, easier and quicker for conveyancers or add to their burdens.

Meanwhile we investigate how the Land Registry is trying to drag the world of local land charges into the 21st Century by digitising data traditionally kept by local authorities. Search providers are divided on the issue, with one predicting that “the likelihood of it going smoothly is almost zero”.

Meanwhile the property market has been extremely healthy, particularly after the general election. Sheila Kumar, chief executive of the Council for Licensed Conveyancers and Victoria Hurdley from the Chartered Institute of Legal Executives discuss their plans to tackle increasing demand for qualified staff, while responding to the changing market.


Legal Futures Blog

The skills shortage in law firms is the biggest threat to handling cybercrime

CLC Roundtable discussion at Malmaison Hotel, Charterhouse Square

The skills shortage in our businesses is the biggest threat to our industry when looking at cybercrime. Cybercriminals are not just after money but are looking for sensitive information too, so the legal services sector is an obvious target. In the last year we have had reports of around £7m of client money being lost to such crime. This is not an IT issue and it should not be left to the IT teams to sort out. It is a high-level responsibility and a board-level issue that must be taken seriously. We suspect that we will look back on 2016 and ask why we didn’t respond quicker.

March 21st, 2017