The first e-conveyancing pilot is being launched in October 2007. I am sure it will be successful. Participation is voluntary and therefore will only be used by technology early adopters and evangelists in larger law firms, with client who are keen to be at the forefront of technology.
I predict that the results will be published showing unbounded enthusiasm by users and great business benefits.
Wait until the thing goes live. Average punters are going to be told that they won’t be signing their conveyancing documents because the technology for electronic signature is so complex that the solicitor (who probably doesn’t fully understand it) has to sign everything on their behalf. This is for transactions involving 6-7 figure sums of money.
The first e-conveyancing transaction that goes pear-shaped will hit the front pages in the first year and the project will spiral out of control as people try and rescue their careers from disaster.
I’ve just read Paul Butt’s “Electronic Conveyancing” in which he repeatedly quotes you. For an alternative take on e-conveyancing have a look at my article on e-conveyancing on the http://www.firsthips.com web site
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Good article Steven – very interesting.
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