FILTERS:

East London

4 July 2005

Responses from just 4 law firms, representing 13 partners, of whom 8 are conveyancing partners were received. The findings, given their paucity, cannot provide a suitable sample. Nevertheless they read as follows:

Internet connectivity
Permanent connection 75%
Dial up 25%
Recovery of Posts & Petties costs
Transfers Bonds Cancellations
High R 300 R 228 R 150
Low R 150 R 100 R 57
Average R 238 R 180 R 106
Recovery of Deeds Office search costs
High R 57
Low R 30
Average R 45
Did not respond 25%
Recovery of electronic bond instruction costs
ABS FNB NED STD AVG
High R 50 R 50 R 50 R 50 R 50
Low R 40 R 40 R 40 R 20 R 38
Average R 45 R 50 R 50 R 50 R 48
Did not respond 50% 50% 50% 50% 50%
Recovery of FICA search costs
Individuals Companies Trusts
High R 228 R 228 R 228
Low R 100 R 100 R 100
Average R 164 R 164 R 164
Did not respond 50% 50% 50%
Firms that have increased the recommended tariff None
Firms that charge a minimum fee None
Discounting of fees
High 25%
Low 20%
Average 24%
Did not respond 25%
Percentage of firms which incentivise their secretaries 75%
Ratio of senior secretaries to junior secretaries 1 : 0.6
Matter "legs" per secretary per month
A completed bond and a completed transfer each = 1 leg, while a cancellation = half a leg
High 27
Low 6
Average 9
How long will the property boom last?
Don't know 0%
Over already 0%
Less than 6 months 75%
Less than 1 year 25%
More than 1 year 0%

Links to the regional results
Main survey results
Bloemfontein
Cape Town
Durban
George
Johannesburg - East
Johannesburg - Sandton
Johannesburg - South
Johannesburg - West
Pietermaritzburg
Port Elizabeth
Pretoria

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