What Australian practitioners need to support their e-settlements

InfoTrack reveals findings from the national settlements and ELN survey

When e-settlements first came into the Australian legal and conveyancing scene in 2010, the expectation was that this would present practitioners with opportunities for time and cost savings.

Deloitte’s 2018 report sharing the “Impacts of e-Conveyancing on the conveyancing industry”, found that the desire to save time came in many forms including time spent on the phone to book a settlement, time editing documents and travel time. Specifically, Deloitte found that an average of 3.7 hours were saved by a practitioner nationally if they chose electronic lodgments and settlements. But at what price?

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