Property
Paralegal banned for dishonest emails as supervisor cleared
A paralegal who lied to solicitors in one email and to a client’s relative in another has been banned – but the solicitor who supervised her exonerated.
Majority of conveyancers do not want binding sale contracts
Seven out of 10 conveyancing solicitors do not want the government to introduce mandatory binding contracts for offers to buy homes, research has found.
Exodus of conveyancers “will make transaction times even longer”
Transaction times will get “longer and longer” regardless of “how many new houses you build” because of the number of conveyancers leaving the market, MPs were told this week.
Call to tackle low-cost conveyancing as part of home-buying reform
Stronger regulation of the “high-volume, low-value conveyancing sector”, as well as a review of fee structures, is needed as part of home-buying reform, the government has been told.
Suspended suspension for “manifestly incompetent” solicitor
A “manifestly incompetent” solicitor who facilitated one fraudulent and three potentially fraudulent property transactions has been given a suspended suspension.
Fast-growing conveyancing firm bought by private equity
A conveyancing law firm only set up in May 2021 has been bought by private equity in a deal that values it at £25m.
Vos eyes machine-made decisions for property disputes
Many property disputes “could be amenable to machine-made decision-making” in the future, the Master of the Rolls has predicted.
Land Registry data puts spotlight on law firm errors
Most of the HM Land Registry customers will avoidable requisition rates of 20% or more are law firms, new figures have revealed.
Estate agency praised for dropping referral fee demands
An estate agency has been praised for publicly disavowing future demands for referral fees, describing them as “the quiet scandal” in the industry.
Digital property pack wins government data prize
A digital property pack which combines multiple sources of data into a “single source of truth” for conveyancers and others has won a government prize worth £50,000.
Blog
On good authority? GenAI and the reputational risks to law firms
As GenAI’s influence grows, so do the risks which are already playing out in courtrooms across England and Wales, where some early adopters are setting precedents they would rather not.
Why this is the year for law firms to embrace generative AI
After more than a year of pilots, proofs of value and early experimentation, firms are increasingly embedding AI into day-to-day workflows.
Client account interest is not spare change
The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.
