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Making the most of e-conveyancing

Gentil Noëns looks at what the Land Registration Bill will mean for solicitors and how one firm has already started to benefit from e-conveyancing

18 October 2002

The legal profession has generally been very traditional when it comes to IT, but the establishment of online deal rooms by Eversheds, Allen & Overy, Linklaters and Clifford Chance, among others, shows law firms are beginning to wake up to the strong competitive advantages that well-chosen IT solutions can bring. The passing of the Land Registration Bill into law in February has established a framework for e-conveyancing, which will include the creation of an electronic communications network linking the Land Registry and participating conveyancers. What opportunities can e-conveyancing bring for solicitors? How can they best develop their IT to take full advantage of these opportunities? At present, conveyancing is time-consuming and involves heavy use of paper. This often leads to conveyancing practices’ main sources of business – estate agents and mortgage providers – being blamed for delays and aborted sales that are, in fact, a result of the conveyancing process. As mortga...

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