- 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 bodies and a growing number of firms,’ he adds.
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