If I could turn back time …
Remember a few years ago when Cher was going on about
turning back time and she apologised for being too proud to tell us that she
was both wrong and sorry, in equal measure.
Many of the complaints made by lawyers about other lawyers, and by
agents about lawyers, typically refer to that fact that it used to be much
quicker to buy and sell properties and technology is making things worse.
There’s no denying that transactions were quicker 20 years
ago, but society has changed and the reality is that the pressures have never
been as high as it is now. We see first-hand
how people are rushing to judgement; we recently received a one star Google review,
because our client couldn’t use our portal as they didn’t have Wifi and told us
we should have used email, despite the fact it’s the number one method for
fraud.
The problem with harking back to the good old days is that
we tend to gloss over the problems we had. Like rickets and polio.
Things just take too long now
If you want to grow your social media audience, just ask the
question; “why, with all the technology we have today, does it take so long to
buy a house”. At this point, the online heavens
will open, with agents complaining about lazy and incompetent lawyers and
lawyers complaining that every lawyer with more than six months experience has moved
to Barbados and they have been reduced to playing Judy against Punch’s clown.
Overlooking the lack of evidence showing experienced lawyers
have retired and can now mostly be found in high street charity shops, there
does seem to be an issue with a lack of experience today. This could be due to a number of factors; the
pandemic resulting in new lawyers not getting the supervision needed,
experienced lawyers moving to self-employed consultancy so they can afford to
run fewer cases, resulting in higher caseloads elsewhere so experienced staff don’t
have enough time to train junior colleagues.
Whatever the reason, transaction timescales are taking
longer and it seems to only be going in one direction.
Genie is out of the bottle
Although we cannot turn back time, being in denial on how to
fix it doesn’t help either. In the recent
“The Road Ahead” survey by Landmark, it stated that only 34% of lawyers saw
that digitisation of the process was a priority, down from 51% the previous year. This suggests either lawyers have already adopted
new technology, or more likely, that they have dismissed it as not bringing enough
value.
This is not a good look for lawyers and unfortunately plays
into the hands of those that claim they do not want to change. The reality is that investment in technology
is woefully low amongst small and medium sized law firms, and for good
reason. When working flat-out on
caseloads, stopping the machine running to investigate new technology is simply
not an option.
Which is why, the government’s recent announcement of a
pilot to investigate whether collecting data at the start of the process and sharing
it with others was met with such derision from lawyers. The reality is that
it’s like telling mountaineers that the provision of a new bus service from
Kathmandu to the foothills of Everest is going to enable them to get to the
summit in hours.
Make no mistake, this proposed concept will not speed up the
home-buying and selling process by itself.
Don’t worry - technology IS the answer … and it’s coming
Instead, we must look at the extraordinary technology
developments happening today that will change how we conduct conveyancing. In
2025, the phrase “Conversational Singularity”, the concept where you talk to a
computer without realising it’s not human, will come to the fore. It’s achieved
by linking voice technology to artificial intelligence that uses large language
models (eg GPT ) and a database, so you can have a conversation with a machine
using content based on stored data.
Customer service firms are already using this and it won’t
be long before law firms start see the benefit. If we can train a machine on
thousands of conveyancing cases, analysing the documents and the resultant
enquiries and answers they have generated in the past, and combine this with
the ability to communicate with a human over the telephone or by email, this will
bring us the improvements we all crave.
Which is why it’s important to start to capture data in a
way that lawyers can use it effectively, and despite Cher’s convincing rhetoric,
going forward does start with a first step – but we must acknowledge it’s not
the gamechanger some think it is.
Peter Ambrose is the owner of The Partnership and Legalito –
specialising in the delivery of transparent and ultra-efficient conveyancing
services and software.
Peter Ambrose: pambrose@thepartnershiplimited.com,
01483 579978
Press enquiries: Tracy Holland, tholland@thepartnershiplimited.com
01483 579978