A report from law firm DWF suggests legal and regulatory concerns about the implementation of new technology are obstacles that are holding back property firms from driving innovation. Almost half (45%) of the 375 senior decision-makers from global real estate businesses surveyed by DWF for the ‘Techtonic Shift in Real Estate’ report said they were unclear or worried about the legal or regulatory implications of new technology and this was their biggest barrier to onboarding new technology within their business. Cybersecurity fears (43%) and a lack of available data (42%) were also widely cited by respondents as preventing technology implementation.
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Providing insight into technology and innovation in the legal, accountancy property and consultancy sectors. Alternative Insights brings together news, commentary and thought leadership about digital transformation across the entire professional services industry. We collate industry stories on innovation, technology and transformation in the legal, accountancy, management and property consultancy sectors, giving you access to the latest thinking about tech and innovation in the professions.