The price of progress

07 Mar 2017

When I was an extremely green articled clerk (that’s what they were called in those days), I regularly attended completion meetings.

I would be lectured at some length by my principal about what I should be giving and, importantly, what I should be collecting. In the case of my firm acting for the seller, the most important thing to collect would be a banker’s draft, something we rarely see these days. I had a bit of a fear of banker’s drafts. I was always wondering if it was a draft or if it could perhaps be a cheque in disguise.

I would hand over a packet of deeds and perhaps collect a couple of undertakings. ...

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