FILTERS:

Pretoria

4 July 2005

In equal first place with Cape Town, we had responses from 56 law firms, representing 208 partners, of whom 97 are conveyancing partners. The findings read as follows:

Internet connectivity
Permanent connection 84%
Dial up 16%
Recovery of Posts & Petties costs
Transfers Bonds Cancellations
High R 750 R 650 R 350
Low R 150 R 150 R 25
Average R 377 R 340 R 171
Recovery of Deeds Office search costs
High R 350
Low R 28
Average R 62
Did not respond 13%
Recovery of electronic bond instruction costs
ABS FNB NED STD AVG
High R 150 R 150 R 150 R 170 R 155
Low R 45 R 45 R 45 R 45 R 45
Average R 72 R 75 R 75 R 78 R 75
Did not respond 71% 71% 71% 71% 71%
Recovery of FICA search costs
Individuals Companies Trusts
High R 450 R 600 R 600
Low R 70 R 70 R 70
Average R 220 R 225 R 252
Did not respond 41% 41% 41%
Firms that have increased the recommended tariff 20%
Firms that charge a minimum fee 9%
Discounting of fees
High 50%
Low 10%
Average 21%
Did not respond 21%
Percentage of firms which incentivise their secretaries 54%
Ratio of senior secretaries to junior secretaries 1 : 0.7
Matter "legs" per secretary per month
A completed bond and a completed transfer each = 1 leg, while a cancellation = half a leg
High 98
Low 1
Average 22
How long will the property boom last?
Don't know 18%
Over already 25%
Less than 6 months 16%
Less than 1 year 20%
More than 1 year 21%

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

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