Today's Conveyancer Podcast
Outsourcing is an increasing consideration for the law firm of the future
Nicola Ashley and Nicola Davies are former conveyancers and now founders of outsourced title investigation service N Title. They join podcast host David Opie on this latest Today's Conveyancer podcast to discuss their journey over the past 4 years, as well as exploring the opportunities outsourcing provides firms to flex up and down without adding significant overhead.
By their own admission the business model has pivoted in the time they have been in business. Having set up anticipating they would be running an overflow service for the majority of their clients, they are now an integrated part of firms' processes up and down the country.
Nicola and Nicola explain how firms adapt their processes depending on the nature of the title, with increasingly complex investigations now being sent to them, instead of being dealt with in house. They are also engaged to cover holidays and staff absence.
As a result of their expertise they are often called upon to provide training, and say their reports can be used as training tools. On the topic of enquiries they are clear; they will raise only relevant and necessary enquiries, borne out of the experience of their team.
With a fragile market, and uncertainty around transaction volumes, especially with the upcoming election, there is merit, they say, in looking at employment vs outsourcing models and considering what works best for the law firm of the future.
The Today's Conveyancer podcast can be found on your preferred podcast provider and also at www.todaysconveyancer.co.uk. Subscribe and listen in for all the latest conveyancing industry news and views.
Nicola Ashley and Nicola Davies are former conveyancers and now founders of outsourced title investigation service N Title. They join podcast host David Opie on this latest Today's Conveyancer podcast to discuss their journey over the past 4 years, as well as exploring the opportunities outsourcing provides firms to flex up and down without adding significant overhead.
By their own admission the business model has pivoted in the time they have been in business. Having set up anticipating they would be running an overflow service for the majority of their clients, they are now an integrated part of firms' processes up and down the country.
Nicola and Nicola explain how firms adapt their processes depending on the nature of the title, with increasingly complex investigations now being sent to them, instead of being dealt with in house. They are also engaged to cover holidays and staff absence.
As a result of their expertise they are often called upon to provide training, and say their reports can be used as training tools. On the topic of enquiries they are clear; they will raise only relevant and necessary enquiries, borne out of the experience of their team.
With a fragile market, and uncertainty around transaction volumes, especially with the upcoming election, there is merit, they say, in looking at employment vs outsourcing models and considering what works best for the law firm of the future.
The Today's Conveyancer podcast can be found on your preferred podcast provider and also at www.todaysconveyancer.co.uk. Subscribe and listen in for all the latest conveyancing industry news and views.