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The managing director of a law firm involved in testing Veyo has described how the Law Society realised too late that it had “built something nobody wanted”. David Bridge said what was left of Veyo should be converted into a secure portal for conveyancers.

A Canadian law firm which runs offices inside Walmart supermarkets is planning to almost double in size next year, it has emerged. Mark Morris, co-founder of Axess Law, said the firm could potentially expand into the USA and the UK.

The Law Society and Indian technology giant Mastek have decided to scrap online conveyancing portal Veyo, at a cost to the profession which has so far been confirmed at more than £3m but is likely to be much higher. The society said it was “deeply sorry” that conveyancers who had “waited patiently” for the product would not be able to use it.

Free2Convey, the free conveyancing portal developed by the Legal Software Suppliers Association, is to be available “in the next few weeks”, it has emerged. Julian Bryan, managing partner of Quill Pinpoint, said it would be ready before Veyo.

Veyo is still being tested and there is no fixed date for its national launch, the president of the Law Society told property lawyers last week. Jonathan Smithers admitted that “clearly the publicity ran well ahead of the product”.