As a result of a price war with fixed fee conveyancing services led by conveyancing companies, some Queensland legal firms have elected to simply outsource the conveyancing file to conveyancers. This is the gist of an article by Tim O'Dwyer a Queensland lawyer.
I personally can see the same thing happening in the Victorian market. The Victorian market will see further rationalisation with the passing of the Conveyancers Act and the advent of digital & electronic conveyancing. As far as the mega and mid-tier city law firms would be concerned, conveyancing would simply be an overhead. Where's the money in a $500 conveyancing file unless you are doing volume? Outsource it.
Article in Property Review by Tim O'Dwyer
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