What can conveyancing firms expect when adopting AI technology?

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Orbital Witness

20
August
2024
Blog
Table of contents

At Orbital Witness, we’ve recently announced our partnership with Simply Conveyancing. Ranked by the Land Registry as amongst the top 1% of conveyancing companies by volume, it’s a collaboration that will have a material impact on Simply’s lawyers: supporting them to provide a best in class home buying experience to thousands of their customers up and down the country. 

But what’s it really like for those experiencing the adoption of new, digital technology within their conveyancing firm? With new processes to learn, concepts to grapple with and potential benefits to be understood, digital change is something that can leave those adopting it concerned they may feel hindered, rather than helped, in the short-term. 

To help, we’ve taken a look into our Simply Conveyancing partnership to provide you with some insight (and reassurance) when it comes to adopting digital conveyancing solutions into your existing process.  

Why consider digital conveyancing solutions? 

Digital conveyancing streamlines property transactions by automating processes, reducing errors, and enabling faster, more accurate communication. These in turn can lower cost and improve efficiency for conveyancing firms, keeping your customers happy and your firm at a competitive advantage when it comes to securing new business.

Orbital Residential – a product created by Orbital Witness to streamline the leasehold reporting process using AI technology – unlocks a number of benefits for conveyancing firms. These include the more effective early identification (and therefore handling) of complex cases, improved decision-making and greater opportunity for standardised reporting. 

With customers ranging from LPL, Enact and Churchers (plus, most recently Simply Conveyancing), we understand the complex requirements of conveyancing firms and crucially the level of technical expertise and knowledge of residential property that is required to help.

What is it like for conveyancing firms who choose to embrace digital? 

What matters most when adopting new technology is that the benefits of using it are embraced and understood by the team using it day-to-day, not just by decision makers operating strategically across the business. 

During Simply Conveyancing’s onboarding of Orbital Residential, Jade Try, Legal Manager of their specialist Title Checking team was tasked with making sure the implementation of Orbital Residential ran smoothly. 

Here’s how she summarised the process of adapting to digital, using Orbital Residential:

 ‘Our property lawyers have loved using it to date and it is proving to be invaluable as a virtual assistant, improving on quality and efficiency for both title checking and assessing risk within a conveyancing transaction.’

Once implemented, what can users expect? 

When it comes to the benefits experienced by Simply Conveyancing during their initial trial of Orbital Residential, their title checking team recorded a material reduction in average time spent per title check, which allowed the conveyancing firm to free up substantial capacity for title checking and improve the quality assurance of title checking and reporting. 

For Simply, the benefits can be summarised by their Title Checkers. 

Stefanie referenced the added support the use of AI technology offered her in her day-to-day activities: ‘for me it was the extra pair of eyes... the comfort to know that I hadn’t missed anything - or perhaps I was looking at things that I didn’t need to spend that much time looking at.’ 

Zoe told us, ‘I was quite intimidated by how easy it is to put together a client report & standardise things ... I saved an hour, maybe more, on each title’. And then Lizzie: ‘I really loved using it… my reports are probably the best they’ve ever been using Orbital Residential.’ 

In summary, with the right technology partner selected, there are many improvements digital conveyancing can offer to conveyancing firms making it more efficient, secure, and user-friendly for both conveyancers and their customers alike. 

If you’re ready to explore the benefits that AI, built specifically for conveyancers and their firms, could bring to your business, we’re here to help. Find out more about Orbital Residential here.

Orbital Witness

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