$80 million for Family Law Sector

Federal Budget 2017-18 and the legal sector  The Federal Government has committed $80 million to family law and family violence services. “This will help repair a family law system on the verge of breaking,” Law Society of NSW president Pauline Wright said. “Families turn to the justice system in crisis. “This critically needed funding could help reduce the hardship for many parents and children who spend years and thousands of dollars struggling through mediation and court processes.” Ms Wright said the commitment of $10.7 million for family consultants to deal with family law cases and $3.4 million for six new domestic violence […]

Innovative legaltech firm gets $500,000 funding boost

Equity Investment from Queensland Government Treasurer and Minister for Trade and Investment Curtis Pitt has announced Brisbane-based legaltech company Lawcadia has received $500,000 from the Queensland Government’s Business Development Fund. Mr Pitt said the funding will assist Lawcadia expand its legal procurement business, which is already attracting significant business interest across Australia and the Asia-Pacific region. “This home-grown company is the first legaltech startup to receive funding from the Business Development Fund and it’s exactly the type of innovative business that the Palaszczuk Government is looking to invest in,” Mr Pitt said. “The Lawcadia business model aims to help companies […]

Launch of 2017 Legal Innovation Index

The 2017 Legal Innovation Index is now open for entry, inviting pioneering firms and legal teams across Australia and New Zealand to submit their market-changing innovations.   The Index was launched in 2013 by Janders Dean, in partnership with LexisNexis, seeking to identify individuals and organisations across Australia and New Zealand that differentiate themselves from their peers by exemplifying innovation. Recognition can be achieved in areas like business development, client service delivery or legal community education.   “Since the inception of this Index, we have been proud to see some amazing innovations being rolled out by legal firms, in-house counsels […]

GlobalX announces Homes for Homes partnership

GlobalX has announced a national partnership with Homes for Homes, a not-for-profit organisation pledging to tackle the issue of Australia’s housing affordability crisis. Homes for Homes is a social enterprise backed by The Big Issue that encourages property sellers to make a 0.1 per donation of their total property price at the time of settlement.   Initial forecasts suggest the donations secured through the initiative will create an ongoing new supply of funding for social and affordable houses.   GlobalX CEO Peter Maloney said Homes for Homes was a creative solution to an increasingly important issue.   “Current estimates suggest […]

Conveyancing Activity if the Property Bubble Bursts

  If you are starting out in the property market, you would not want the property bubble to burst, you would want it to explode. Unfortunately, for new buyers, neither has taken place. This is despite ample commentary warning people to step back because it’s going to blow at any moment. From a conveyancer’s point of view, any downward correction in prices has typically brought with it a reduction in sales activity. Therefore, it is with some relief to know that April was not the month that the so-called bubble burst. Is it possible that the tried and true trend […]

NowInfinity and View Legal Form Legal Services Strategic Partnership

Two powerhouse disruptors – cloud-based document and entity management platform NowInfinity, headed up by fintech entrepreneur Amreeta Abbott, and groundbreaking law firm View Legal, headed up by innovator and recognised expert in estate planning and tax law, Matthew Burgess, have joined forces, merging the digital business units of each firm and forming a strategic partnership on legal services. “The partnership and merger provide accountants and bookkeepers, financial advisers, SMSF specialists and adminstrators and legal firms with a whole new level of solutions,” said NowInfinity CEO, Amreeta Abbott. “It enhances the NowInfinity platform, enabling members to efficiently create, collaborate and manage […]

Shocking Event – NSW Land Titles Registry Sold

The official announcement from the NSW Government: NSW receives massive infrastructure boost An extra $2.6 billion will be invested into new infrastructure across NSW following the successful concession of Land and Property Information’s titling and registry services to a majority Australian consortium, Premier Gladys Berejiklian and Treasurer Dominic Perrottet have announced. The Government has entered into a binding agreement with Australian Registry Investments (ARI) to operate LPI’s titling and registry services following a competitive tender process. The ARI consortium is made up of 80 per cent Australian institutional investors, including First State Super, investment funds from Hastings Funds Management and a […]

Conveyancing franchise launched in QLD and NSW

Bytherules Conveyancing has been operating a work-from-home model for conveyancers in Queensland and New South Wales since 2011. Already one of Australia’s leading conveyancing firms, franchising is the growth strategy to become Australia’s largest conveyancing services provider. Franchising is a way of  growing the team and importantly, sharing the rewards with those who do the hard work. Negotiations with the Queensland Law Society have now resulted in the launch of the bytherules conveyancing franchise.  After working with leading franchise consulting firm DC Strategy over the past year, bytherules is now taking applications for experienced conveyancers to own their own business, providing conveyancing services to clients in their area. Bytherules […]

Terri Sari is on track to do her 50th PEXA transfer

While some firms haven’t done one yet, Terri Sari’s firm, Sargeants Conveyancing Wallan, is on track for 50 PEXA property transfers. Wallan is 60km north of the Melbourne CBD.  Here, Terri Sari explains what is motivating her to adopt e-conveyancing. Ideal vision for the conveyancing industry: Everything is electronic. Paper is gone Sargeants Wallan’s ideal future vision for the industry and our clients in the digital era is that we go fully electronic. Everything is electronic. Paper is gone. I like PEXA! We got on board because we didn’t want to be left behind. We want to keep up with the industry. With the […]