For many conveyancers, the practice of preparing a Report on Title is an onerous task and one that hasn’t changed for over 30 years, still dependent upon word documents which require editing in every single case.
With conveyancers constantly under immense time pressures and often being chased by multiple parties on each file they are working on whilst trying to get their transactions exchanged and completed, it is vital conveyancers make use of good technology to increase efficiency and profitability across the whole property department.
Most conveyancers hate their current process and there is no central body that takes responsibility for updating the content, unlike surveyors who rely upon RICS to provide them with the wording for their reports.
Without a central resource, there is no way for law firms to benchmark the standard of their reports against others and yet the Report on Title document is considered to reflect the quality of the legal work delivered to the client and therefore should be of good and marketable quality.
More concerning, Report on Title is THE document that the client relies upon and so will be used in court in the event of litigation in the future.
Cost is always a barrier to change and so many law firms have not implemented technology that can dramatically speed up the preparation of Report on Title reports and standardise the look, feel and language used.
The good news? There is an affordable electronic solution which simplifies the preparation of Report on Title documents and makes it a fast and easy process. By providing pre-set paragraphs and the facility to produce mini-reports, documents can be produced with the minimum of fuss. The end result is a professionally produced, branded report to send to your clients.
e-ROT is a Lexsure product that enables conveyancers to produce a Report on Title in a fraction of the time it normally takes. e-ROT provides increased protection, consistency and efficiency to building the most important – yet tedious and time-consuming – document in a purchase transaction.
Proven to save at least an hour per matter, it’s quick and easy to install and, right now, you can enjoy the benefits without the standard set up fee of £2,795 and with no charge for user licences. This offer will only last until the end of October.
We ran a live demo webinar on 8th September. Don’t worry if you missed it. You can watch it here.
Contact your account manager to find out more or send us an email