Lawyer Checker, a solution from Dye & Durham, has been named Risk and Compliance Champion of the Year at the British Conveyancing Awards, which recognize the best in the conveyancing industry. The announcement was made at a ceremony held at Church House, London, hosted by award-winning journalist and broadcaster Samira Ahmed, and also simulcast live on the British Conveyancing Awards website www.britishconveyancingawards .co.uk on March 15, 2022.
Tom Backhouse, Director, Insight & Data, Dye & Durhamconfirm:
“Serving the conveyancing industry for over a decade, the Lawyer Checker solution has become well known as the first line of defense in the fight against fraud. It is an innovative and cost effective way to achieve demonstrable due diligence and has been an essential tool in some of the toughest times ever. We are proud that Lawyer Checker has been recognized in this way amid heightened cyber threats.
The Insight & Data team’s analysis of scam alerts issued by the Solicitors Regulation Authority (SRA) in 2021 showed that 91% of all alerts were related to some kind of impersonation of a genuine business or legal professional. Lawyer Checker mitigates the threat fraudsters face when transferring funds to each other.
It is a secure, web-based solution that can be accessed from any location, 24/7, with the click of a mouse, providing an audit trail for law firms and ensuring due diligence. reasonable in adhering to the SRA Code of Conduct for Lawyers (SCCS) 4.2 – to protect clients’ money and assets.
Lawyer Checker’s unique algorithm checks details against ten different databases in real time. It verifies SRA scam alerts and helps protect transactions from human error and typos while providing the most up-to-date information. The report includes two searches: one that is usually performed at the beginning of the transfer process, plus an additional check just before the transfer of funds, ensuring only that there have been no changes during the transfer. The British Conveyancing Awards also awarded Terrafirma the title of “Highly Commended” in the Legal Supplier of the Year category.
David Opie, Managing Director, Today’s Media, Publisher of Today’s Conveyancernoted:
“With record entries and an esteemed panel of judges, those who have been recognized by the British Conveyancing Awards can be justifiably proud of their achievements. It’s encouraging to see so much hard work, dedication and success recognized in the conveyancing industry.
Earlier this month, Dye & Durham confirmed that it had further strengthened its commitment to improving the way real estate and property transfer risks are reported, by consolidating the expertise and experience of Terrafirma, Lawyer Checker and Future Climate Info (FCI) into one central Insight & Data. Team.
Tom Backhouse concludes:
“As an organisation, we bring data clarity to everyone involved in real estate transactions, helping them to make informed decisions and mitigate risk through trusted insights. We are honored that the British Conveyancing Awards have recognized our team’s continued contribution to providing top-notch data and expert advice to the transfer community.
For more information please see: www.lawyerchecker.co.uk or https://dyedurhamuk.com/about-us
This article has been submitted for publication by Lawyer Checker as part of their advertising agreement with Today’s Conveyancer. The opinions expressed in this article are those of the author and not those of Today’s Conveyancer.