Category: Technology

From processor to architect: How the evolving AI frontier will empower lawyers and conveyancers

Artificial Intelligence (AI) is rapidly moving beyond simple admin automation in conveyancing. The industry’s future will likely involve a hybrid model where AI handles the repetitive, predictive tasks allowing human lawyers and conveyancers to elevate and shift focus onto more complex, strategic work, which requires human judgment. As technology evolves, the pillars of a successful firm will shift, and conveyancers will have an active role in redefining the scope and nature of their work. In this new age, we will move closer towards zero-friction operations with rigorous compliance measures. AI will enable systems that proactively enforce rules, reducing professional risk to near zero. We can expect: Real-time jurisdictional audits: AI will streamline the settlement process by automatically adjusting digital contracts using a client’s address, and the specific state’s latest legislative changes from smoke alarm requirements to stamp duty exemptions.   Fraud and risk prediction: Using predictive analytics trained on historical transaction data, AI will monitor transaction patterns and financial flows in real-time, instantly flagging anomalies associated with fraud or money laundering. This digital detection with human oversight will make transactions profoundly safer and prevent non-compliance before a contract is ever signed. Instantaneous transactions

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Embracing change: ARNECC interoperability mandate for 2025

The commitment to evolving property conveyancing in Australia has seen a huge shift in the way the industry operates. In recent years, the mandates brought to the industry have sparked substantial progress, ushering a transition from manual processes to streamlined electronic workflows. At the forefront of this evolution are the voices of practitioners themselves. They have not only asked for change but necessitated it. This blog explores how the industry is leading the charge in responding to the needs and demands of its practitioners, driving forward progress and innovation in the pursuit of greater efficiency and effectiveness. Recently, the Australian Registrars’ National Electronic Conveyancing Council (ARNECC) made a significant announcement, setting forth a mandate for full interoperability among electronic lodgment network operators (ELNOs) in New South Wales and Queensland by December 31, 2025. Interoperability empowers key stakeholders, including conveyancers, lawyers, and financial institutions, to have autonomy in the decision-making process. By seamlessly engaging with a platform of their choice, practitioners gain the ability to shape their experience, ensuring that the platform works for them rather than imposing rigid structures upon them. This directive from ARNECC marks the dawn of a new era, one

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

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