Arken.legal's Business Broadcasts Arken.legal

Listen to this podcast to learn about the Great Wealth Transfer - what is it and what it means for the industry, supported by our recent survey findings: Are Today's Processes Fit for Tomorrow's Clients? 

At Arken, our industry research has uncovered three ways in which we believe the Great Wealth Transfer will impact the estate planning market. These are: 
The rise of digital competitors Tomorrow’s clients – a new target audience Digital transformation  Listen to our team run through the findings and discuss each challenge in detail.

In this podcast host David Opie (TWP) is joined by Arken.legal CEO Dave Newick. 
A “technologist” in an industry where technology adoption has traditionally been slow, Dave shares his thoughts on whether the private client  is ready for a technology revolution, or whether it will be more of an evolution.
Add in to the mix a host of wider demographic and economic considerations including
the generational change occurring in legal services as long standing baby-boomers and Gen-X solicitors retirelaw firm consolidationa period of slower economic growth with a focus on process efficiency where research has shown up to 50% of a solicitors time can be spent re-keying datathe largest transfer of wealth in history with $38.8tn transferring from baby-boomers and Gen-X to Millennials and Gen-Z before 2060and the industry is ripe for change.
Dave discusses his thoughts on the changing dynamics of the industry, the way technology adoption is being driven by younger members of the profession, and how important being “technology-enabled” is as a recruitment tool for law firms.

In this episode, Dave Newick, CEO of estate planning software specialist, Arken.legal, is joined by founder and CEO, Nick Cousins from Exizent -  a cloud-based platform aiming to connect the data and services used by legal services firms, institutions, and executors to make managing the probate process easier.
Nick begins by explaining his background and giving the reasons as to why he decided to build Exizent. They discuss how Arken.legal and Exizent’s partnership can help create some synergy and therefore solve some of the problems in the industry, also explaining why partnerships of this sort are so important and what value this could bring to practitioners. 
Nick explains the process he adopted to build Exizent, including some of the problems that he discovered whilst going through this process. They then explore how financial services organisations are affected by estate administration and the potential to help improve this. 
The episode ends by Dave and Nick discussing where they believe the industry is heading over the next 3 to 5 years. 

In this episode, Dave Newick, CEO of estate planning software specialist, Arken.legal, is joined by CEO, Jonathan Barrett, and Clinical Director, Tim Farmer from Comentis – A Cognitive Assessment Engine. 
Dave and Tim begin by discussing matters effecting the estate planning industry, including trends happening in the mental capacity space; the move towards online assessments as a result of COVID-19 and trends in memory capacity in relation to demographics. They also examine where the industry is heading.
Dave and Jonathan move on to review the Comentis app – what does it do and how does it work with the problems being addressed? Again, they conclude by examining where this will go in the future. 

For 2021 Remember a Charity Week, Dave Newick interviews Rob Cope from Remember A Charity.  

Dave and Rob discuss the impact of COVID-19 on the charity sector and the perfect storm it has created as well as the role of Remember A Charity,  the enormous amount of legacy giving in the UK, and what the future might look like in this area.  

They also discuss the opportunity that technology is playing and might play to assist with future legacy giving and how you can broach the subject with your clients of leaving money to charity in their Will.