The comments were made at the Conveyancing Association Annual Conference & Dinner by keynote speaker Professor Richard Susskind OBE.
Susskind shared his thoughts on the future of the legal services profession and conveyancing firms’ place within a market which was increasingly subject to technological advancement, and the potential for significant disruption.
The conference was held in London on 7 February and focused on the future of the conveyancing industry in respect of regulation, technology, process, consolidation, and much more.
The Conveyancing Association non-executive chair Nicky Heathcote, conference chair Eddie Goldsmith, director of delivery Beth Rudolf hosted panel sessions that provided delegates with information on what was coming down the track in the form of upfront information, digital services, artificial intelligence (AI), political and regulatory measures, with signposting and support on how conveyancing firms could prepare for such changes.
Heathcote says: “As we anticipated when putting the agenda together for the 2023 Conference, the day itself provided plenty of thought-provoking content, particularly in terms of technology and how it is likely to change the future of conveyancing.”
“It was also important for us to provide delegates and firms with information on what is coming down the tracks, their future responsibilities, how they might react to this change, and what can be done to ensure they continue to work efficiently and profitably in the future.”
“Understandably, there was a lot to take in, and what we plan to do at the Conveyancing Association now is build on the conference content and work with member firms to ensure they are fully aware of these changes, how they can meet the future challenges they will bring and maximise the opportunities they offer.”
“We were very pleased to have such a strong turnout for the conference, and my thanks go to everyone who took part on the day, plus those who organised, those who sponsored, and the individual delegates who attended and gave so generously to our chosen charity partner, The Children’s Society.”
“Future Conveyancing Association events, workshops and webinars will be taking place throughout the rest of 2023 and we hope to see as many member firms attending these as possible.”
“The rate of change and the opportunities this presents requires constant attention and the Conveyancing Association is here to take firms through this process and to present them with a range of information and solutions that hopefully ensures they make the most of this.”