How much of a bounce in conveyancing activity is reasonable to expect?

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The property market can become an emotional and financial roller coaster for all stakeholders including buyers, sellers, banks, agents and conveyancers. Using NSW for our ‘case study’, by early May 2019, the volume of property sales had fallen by 20 per cent over the past year to its lowest level since early 1996. Could it get any worse than this? Thankfully the answer was no. Here is what happened since: A Federal Election outcome welcomed by the ‘property market’  Two interest rate cuts A reduction in the supply of properties listed for sale An upturn in auction clearance rates In […]
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Sympli Strengthens with new Head of Industry and Government Relations

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Sympli Australia Pty Ltd (Sympli), Australia’s newest e-Settlement service provider, has appointed Suzanne Turnbull as the new Head of Industry and Government Relations. Suzanne joins Sympli from the Commonwealth Bank of Australia (CBA) where she was integral in leading digitisation of lending, most notably with the operationalisation of e-conveyancing and building the new operating model for the emerging digital lending environment. Since joining CBA in 2008, Suzanne has been instrumental in forging new ground within lending services and is well respected in the industry for her thought leadership and peer relationships with peak industry bodies. David Wills, Sympli’s Chief Executive […]
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Korean-built artificial legal intelligence to be put to test

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Legal specialists will compete with Legal artificial intelligence (AI) in conducting legal reviews of various contracts, raising the possibility of AI technology replacing humans in the field of legal affairs. The Korea Association for Artificial Intelligence and Law (KAAIL) and the Judicial Policy Research Institute will host a conference on August 29 to discuss the future of Legal AI. At the conference, two teams each comprised of lawyers and AI will compete with each other in reviewing various contracts. The competition will involve analyzing contracts on employment and confidentiality to deduce legal problems, and create a report listing the legal […]
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InfoTrack named in top 10 leading innovator in technology

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InfoTrack has been named in the top 10 on the 2019 AFR BOSS Most Innovative Companies List as a leading innovator in technology across Australia and New Zealand.  The prestigious annual list, published by The Australian Financial Review and Boss Magazine, is based on a rigorous assessment process in conjunction with a panel of industry expert judges. InfoTrack has been ranked 10th, against hundreds of nominated organisations across Australia and New Zealand. The award measured top innovation initiatives implemented in the last 12 months. Specifically, the judges assessed how important the problem is that the innovation solved, the quality and […]
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Launch of affordable search provider to legal and conveyancing industry

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Aussie lawyers to see new era of affordable tech Australian law firms are set to benefit from the launch of a new online regulatory information provider The Search People. The Search People offers legal professionals low cost information services and a suite of technology solutions, specialising in the provision of national property, business and consumer searches. The Search People is the latest provider to disrupt the market, offering an online platform with central access to 5,000+ legal searches and the latest industry innovations, including integrated electronic conveyancing, digital signing, eContracts and Verification of Identity. The Search People CEO Rafe Berding […]
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BigHand acquires UK Template Management leader Iphelion

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Acquisition enhances position as market leader for legal template management BigHand announces the acquisition of Iphelion, to further bolster its document creation capability. Iphelion has 30,000 users, largely located across the UK and EMEA, with 20 of the UK Top-100 firms utilising their Template Management System ‘Outline’. This solution will complement BigHand’s existing Template Management Solution ‘BigHand Create’, ILTA’s number one provider for Template Management. The acquisition also includes Iphelion’s Proposals Automation solution ‘PitchPoint’, which will extend BigHand’s product suite and will support linking both the Template Management and Matter Pricing solutions, to streamline the business development process within law […]
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Tasmanians hurt by chronic legal assistance shortfall

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Growing numbers of Tasmanians cannot access legal representation due to a failure by successive Federal Governments to provide the minimum funding required, the Law Council of Australia and Law Society of Tasmania said today. Law Council President, Arthur Moses SC, is in Tasmania to meet with members of the state’s legal profession and community to discuss the challenges Tasmanians face in accessing justice. “Legal aid commissions and the community legal sector have been, and continue to be, seriously neglected in Tasmania,” Mr Moses said. “The Tasmanian Government’s Evaluation of the Legal Assistance Sector Report revealed chronic Federal Government underfunding of […]
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ALPMA Summit 2019 Early Bird pricing available to our readers until 16 August 2019

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If you are responsible for any aspect of management within a legal practice then you need to be in Melbourne on 4-6 September 2019 for the 2019 ALPMA Summit. You will be inspired by the keynote speakers and you will gain skills and knowledge from the many sessions.  While not taking anything away from the high quality presentations, it is the networking, friend-making and the opportunity to connect with peers and mentors that always guarantees the Summit is an invaluable experience. In your own firm, you might feel alone and under siege but at the Summit it is always amazing […]
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Nuix Announces Launch of Nuix Discover

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Nuix, a risk, compliance, and security software company, today announced its comprehensive, end-to-end eDiscovery application Nuix Ringtail will now be called Nuix Discover. Nuix Discover provides law firms, corporations, government agencies, and legal service providers with a single, integrated software application that includes the world’s fastest processing engine, visual analytics, machine learning, smart review, and nuanced production capabilities. Nuix Discover is backed by an innovative, integrated customer success program, expansive service provider network, and can be deployed on-premise, in the cloud, or anything in between. “This change represents an important milestone for everyone at Nuix,” said Bill Adams, Head of […]
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GlobalX recognised for leading industry innovation with three ABA100 awards

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Legal technology expert GlobalX has been named the winner of three awards at the 2019 Australian Business Awards 100 (ABA100), cementing the organisation’s position as an industry leader in business, innovation and technology. The prestigious event saw GlobalX crowned the ABA100 2019 winner in the Digital Innovation category for its IDSecure product, while Matter Centre Projects won the New Product Innovation and Software Innovation categories. It is the second year running that the tech company has won the Digital Innovation category, and the third year that it has won all categories entered in. GlobalX CEO Peter Maloney said the awards […]
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