Lawyer Checker, a Dye & Durham solution has been named as Risk & Compliance Champion of the Year at the British Conveyancing Awards which recognises the very best in of the conveyancing industry. The announcement was made at a ceremony held at Church House, London hosted by multi award-winning broadcaster and journalist Samira Ahmed, and also simultaneously live streamed on the British Conveyancing Awards website www.britishconveyancingawards.co.uk on 15 March 2022.
Tom Backhouse, Director, Insight & Data, Dye & Durham, confirms: “Serving the conveyancing industry for over a decade, the Lawyer Checker solution has become well-known as the first line of defence in the fight against fraud. It’s an innovative and cost-effective way to achieve demonstrable due diligence and has been a vital tool in some of the most challenging times ever experienced. We are proud that Lawyer Checker has been recognised in this way against a backdrop of increased cyber threat.”
The Insight & Data team’s analysis of the SRA’s 2021 issued scam alerts has shown that 91% of all alerts related to some sort of impersonation of a real firm or legal professional. Lawyer Checker mitigates the threat conveyancers face from fraudsters when transferring funds to one another.
It is a secure, web-based solution that can be accessed from any location 24/7 at the click of a mouse, supplying an audit trail for law firms as well as ensuring due diligence by adhering to the SRA Code of Conduct for Solicitors (SCCS) 4.2 – to safeguard client money and assets.
Lawyer Checker’s unique algorithm checks details against ten different databases in real time. It checks SRA scam alerts and helps safeguard transactions against human error and typos while also providing the most up to date information. Included in the report are two searches: one which is usually completed at the start of the conveyancing process, plus a further check just before the funds are transferred, uniquely ensuring there have been no changes during the course of the conveyance. The British Conveyancing Awards also awarded Terrafirma as ‘Highly Commended’ in the Legal Supplier of the Year category.
David Opie, managing director, Today’s Media, publishers of Today’s Conveyancer said:
“With record entries and an esteemed panel of judges, those who have been recognised through The British Conveyancing Awards can be rightly proud of their achievements. It’s heartening to see so much hard work, dedication and achievement being recognised across the conveyancing industry.”
Earlier this month, Dye & Durham confirmed it has further strengthened its commitment to improving the way property and conveyancing risk is reported on, by consolidating the expertise and experience at Terrafirma, Lawyer Checker and Future Climate Info (FCI) into one central Insight & Data Team. Tom Backhouse concludes: “As an organisation we bring clarity of data to all those involved in property transaction, helping them make informed decisions and mitigate risk through trusted knowledge. We are honoured that the British Conveyancing Awards has recognised our team’s continued contribution to delivering best in class data and expert insight to the conveyancing community.
For further information please see: www.lawyerchecker.co.uk or https://dyedurhamuk.com/about-us
About Lawyer Checker
Now in its 11th year, Lawyer Checker, a Dye & Durham Solution has become a well-known, trusted brand within the conveyancing sector. Our innovative and cost-effective solutions have helped law firms achieve demonstrable due diligence in some of the most challenging times ever experienced. Increased cyber threat arising from covid restrictions, working from home and the pressure of the SDLT holiday have all had an impact. We’re proud to have continued mitigating risk to client funds, protecting the reputation of firms through our Lawyer Checker solution, and helping firms become more secure through our Cyber Essentials accreditation.
For further information please see: www.lawyerchecker.co.uk
About Dye & Durham
Dye & Durham Limited is a leading provider of cloud–based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. Dye & Durham provides critical information services and workflows, which clients use to manage their process, information and regulatory requirements. The Company has operations in Canada, the United Kingdom, Ireland and Australia, and has a strong blue-chip customer base that includes law firms, financial service institutions, and government organizations.
Additional information can be found at www.dyedurham.com.