Why low prices alone won’t win business for Conveyancers, home movers' survey reveals Home Moving Trends Survey Conveyancers do not need to slash prices to win business, results from the latest Home Moving Trends Survey reveal. Less than 1 in 5 of those surveyed in the annual report, which was carried out by the Property Academy in association with TM Group, answered that they chose their conveyancer based on price, whilst almost half of respondents answered that they simply chose the conveyancer that their estate agent recommended. Continue reading > 13. January 2014 14:45 Jordan Drury Comments (1)
Property claims drive law firms' risk profiles Residential and commercial conveyancing accounts for more claims than any other work-type. Residential and commercial conveyancing work undertaken by solicitors accounts for more claims against the profession, by number and value, than any other work-type. This is not some statistical bias arising from the sheer volume of property transactions. Claims consistently account for a higher percentage of fees earned than any other practice area, by a significant margin. Lockton’s Work-type risk profile chart – which is compiled using data from a range of solicitor PI insurers – consistently places Commercial Property and Residential Property work as the two highest risk areas of practice. Continue reading > 10. December 2013 11:17 Vanessa Woods Comments (0)