Category: Settlements

The essential role of final title searches in property transactions

For property lawyers and conveyancers, the property settlement process is complex, requiring careful management to protect clients from potential legal and financial risks. A recent New South Wales Supreme Court case has underscored the critical need for conducting final title searches, which serve as a vital layer of security in transferring property ownership.

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How your firm can thrive this holiday season

How your firm can thrive this holiday season The holiday season is usually a time of year for people to wind down and take a break, however firms and business owners often have more responsibilities to consider during this period. Running a firm can be demanding at the best of times but Christmas can be particularly overwhelming with an influx of settlements and the challenge of managing your workload while staff take leave. SettleIT is here to support you this holiday season, ensuring your clients’ needs are met and your practice continues to seamlessly operate, so you can enjoy a well-deserved break. Why taking a break is a priority Australians are collectively sitting on a near-record 209 million days of accrued annual leave as they approach the 2025 summer break (Source: Roy Morgan). When that tidal wave of leave finally breaks over the holiday period, business owners are faced with the challenge to handle a sudden resource gap while still managing client expectations, and tight settlement schedules.  It’s indicated that the main stresses business owners face are profitability, long work hours, staffing concerns and the general survival of the business, however taking annual leave is essential to your wellbeing and it can

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Streamlining legal operations: Thompson Geer’s success story with SettleIT

Streamlining legal operations: Thompson Geer’s success story with SettleIT Sorry, no results.Please try another keyword 00:00 In the world of corporate law, efficiency, accuracy, and cost-effectiveness are paramount. For Thompson Geer, one of Australia’s leading independent corporate law firms, these principles form the foundation of their operations. Specialising in the commercial and legal interests of companies, governments, and institutions, Thompson Geer boasts a diverse range of legal services. This article delves into Thompson Geer’s experience using SettleIT to streamline and enhance the lodgment and registration processes for their legal matters. We spoke to Alexia Booth, Legal Administrative Assistant at TG Legal + Technology, to learn how they implemented SettleIT into their day-to-day operations and how this has benefitted both the firm and their valued clients.  1. When did your firm start using SettleIT and why? “We began using SettleIT around two years ago for a variety of reasons, including to help us manage our constant flow of matters requiring registration, to double check our lodgments with the aim to reduce requisitions and the additional costs of requisitions, and therefore provide the best service for our clients (efficiency and a great costs/benefit ratio).” 2. How has using SettleIT benefited your firm and

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The importance of ethical conduct in conveyancing: best practices for conveyancers

The importance of ethical conduct in conveyancing: best practices for conveyancers Sorry, no results.Please try another keyword 00:00 In the realm of conveyancing, where transactions involving real estate are conducted, the importance of ethical conduct cannot be overstated. Conveyancers play a pivotal role in ensuring the smooth transfer of property ownership, and their ethical behaviour is not just a legal obligation but a cornerstone of trust, professionalism, and ultimately, client satisfaction. In this article, we will delve into the significance of ethical conduct in conveyancing, how it ties into quality customer service, and provide best practices that every conveyancer should uphold. Adherence to the industry code of conduct Each state division of the Australian Institute of Conveyancers (AIC) has their own Code of Conduct governing the behaviour of conveyancers. Common topics are present throughout the various codes, including: Client confidentiality, Professional responsibilities, Fairness and social responsibility, and Fees commissions and charges. Ethical conduct requires strict adherence to these codes, which outline the professional standards and responsibilities expected of conveyancers. Familiarise yourself with your local code and ensure continued compliance. Also, inform your clients about the industry’s Code of Conduct and how you are committed to upholding these standards. This transparency

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Why conveyancing should be a key offering of your law firm

Why conveyancing should be a key offering of your law firm With the move to a national eConveyancing mandate, and subsequent changes in processes, general law firms are considering whether they should continue servicing clients in the property space. This is largely due to the hurdles of learning new e-settlement systems, implementing new processes and a lack of access to useful training, so it is understandable why many firms are considering referring this work to a qualified conveyancer.  However, general law firms that practice conveyancing not only offer several key benefits to their clients, but this can also act as a means to acquire additional work in other areas of law and provide a full-service offering throughout a client’s lifetime.   Conveyancing unlocks doors to clients Conveyancing has often been viewed as the bread and butter of a firm; a stock standard service offering. However, when considering the bigger picture of client interaction, conveyancing should be considered a much more lucrative business generation opportunity.   Imagine your average couple; the most common reason they will first interact with a lawyer or conveyancer is when they purchase their first home. Ongoing from this, they might need to write a will, which will

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