Benefits of COMPLETIONmonitor for Lawyers
There are numerous significant benefits in using COMPLETIONmonitor for all of your firm’s conveyancing transactions. These include:
- Reduction in PI Insurance Premiums
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Use of COMPLETIONmonitor will have a direct impact on your insurance premium.
The unique Risk Management Rebate is accrued against every transaction completed on the system and is valid with any insurer. A maximum rebate of £12.50 per transaction will be allocated and available to offset against your next year’s PI premium.*
- Risk Management
- Adopt best practice, minimise risk, exposure to mortgage fraud, negligence and lack of registration thereby reducing the prospect of future claims.
- Compliance
- Meet guidelines set out in the new SRA requirements.
- Audit Trail
- Manage an insurance claim by accessing supporting data.**
- Increased Efficiency
- The comprehensive overview of all pre-completion and post-completion activity provides an invaluable firm wide management tool with full audit trail and workflow incorporating a fully customisable alert system.
- Staff Training / Assessment
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Ensure that only a certain level (fully customisable) of conveyancer within your firm can sign off the case - as ready for completion.
In this way the system can be set-up to require that unqualified/junior lawyers have their work cross-checked and that issues are escalated in real time so that senior risk managers are aware of issues and can support their staff in resolving them, preventing future claims from arising.
Assess the performance of your staff through a unique scoring metric.**
For further information please call us to find out more on 020 7692 1876 or fill out the contact form here to request a call back.
* subject to Terms and Conditions
** may require an additional charge
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