STAND NUMBER: 310
Prevention is Protection - Protect Client Money and Assets
Lawyer Checker is a leading provider of risk management software to the conveyancing sector offering a high level service which is secure and user friendly.
A web based application, a Lawyer Checker check enables conveyancers to be armed with the information they require to be able to make an informed decision about the recipient account number and protect client money from the potential risk of vendor conveyance fraud.
When a potential risk is identified, comprehensive further research is carried out within 4 working hours including:
• Confirmation as to whether or not the individual is regulated to conduct conveyancing.
• The distance of the vendor`s firm from the bank address.
• The number of transactions for the previous year.
• Any accreditations such CQS and Lexel.
• Registrations on expected databases such as FCA and ICO.
What are the results received?
The service from Lawyer Checker immediately provides you with one of three results:
Frequent: This account has been used by numerous other conveyancers in the past and the database has `known` this account for some time.
Infrequent: This account is relatively new or there are a very small number of searches which have been carried out against it.
Unknown: This account has no track record of use by other conveyancers.
Approximately 85% of the results will come back as Frequent, however if a result is Infrequent or Unknown it may present a potential risk.
Be a well informed and diligent conveyancer; combat criminal conveyancer clones. Use Lawyer Checker and be armed with the right tools and information to be able to obtain the assurances you need to act in the best interests of your client.
0800 133 7127