In a recent episode of the legal talk podcast, Jo Wade, Senior Director of Global Products at LexisNexis ® Asia Pacific and Seeta Bodke, Head of Core Product Pacific, LexisNexis discussed how LexisNexis builds its AI products, as well as the guardrails that are in place to ensure all AI development occurs responsibly. This blog summarises some of the key areas discussed. To listen to the full episode click here . Among...
In a recent episode of the Legal Talk podcast, Belle Jing, Partner-Marque Lawyers, and Katherine Llewellyn, Executive Director, Practical Guidance, LexisNexis®, discuss the transformative impact of generative AI on legal workflows and the evolution of existing roles and the emergence of new ones as organisations prepare to navigate this technological shift. This blog post unpacks some key points of the discussion. To...
In a recent episode of the Legal Talk podcast, Jeff Reihl- Chief Technology Officer and Jamie Buckley – Chief Product Officer from LexisNexis ® Global joined Greg Dickason, Managing Director of Asia & Pacific to delve into the transformative impact of generative AI on legal work. This blog unpacks some of the key points of the discussion. To listen to the full episode, click here . While the hype around generative AI...
On 10 April 2024, Australian Federal Treasurer Dr Jim Chalmers MP announced the government’s intention to introduce the “biggest reforms to merger settings in almost 50 years” in his address to the 2024 Bannerman Competition Lecture. The full suite of reforms proposed by the government are contained in its response to the Australian Treasury’s consultation on merger settings, released as part of its two-year rolling Competition...
The Family Law Amendment Act 2024 (Cth) (FLAA) comes into effect on 6 May 2024. The new Act introduces a range of changes, most of which are centred around parenting, with the bulk of the Amendments to Part VII, Family Law Act 1975 (Cth) (FLA). The purpose of the amendments is to make the family law system safer and simpler, and to ensure that the best interests of children are central to the system. There is no grace...
The Australian Competition and Consumer Commission (ACCC) has announced its annual compliance and enforcement priorities, providing Australian businesses and their legal advisors with a practical roadmap of the industries and types of conduct that will face increased regulatory scrutiny this year. In light of challenging prevailing economic conditions, including rising inflation and interest rates, Australian consumers...
Are you ever more vulnerable to the dark patterns of the web, targeting and the misuse of your personal information than while trying to get pregnant, during pregnancy and becoming a new parent? You might be spending a ridiculous amount of time online researching the latest and greatest baby products and be subject to “price comparison prevention”, where a retailer makes comparing the prices of different products...
Peter Leonard DATA SYNERGIES Key points The trajectory of statutory requirements affecting smart devices and connected services is becoming more clear. Australian law will impose greater burdens upon all entities collecting, using and sharing data, including non-identifying data and particularly, where data is used to enable automated outcomes or handled in any way that may compromise the security of critical infrastructure...
In a recent episode of the Legal Talk podcast, Greg Dickason , Managing Director, LexisNexis ® Asia & Pacific, and Claire Linwood, Local Product Lead at LexisNexis Asia & Pacific, unpacked some of the key issues that decision makers in law and legal operations grapple with as they build the AI-powered futures of their organisations. This blog post touches on just a few of the issues discussed. To listen to the full...
Charles Power and Fiorella Chiavetta HOLDING REDLICH Employers have a non-delegable duty of care to their employees to provide a safe system of work and to take reasonable steps to prevent reasonably foreseeable injuries. This paramount duty arises under both statute and common law and extends beyond physical safety to encompass psychological well-being. However, the risk of psychiatric injury is often less apparent...
Patrick Dwyer and Kathleen Harris DWYER HARRIS Introduction Amendments to the unfair contract terms (UCTs) legislation commencing on 9 November 2023 make UCTs unlawful. This article reviews the UCT law in light of the amendments. Background The UCT legislation was introduced on 1 January 2011 for consumer contracts. In November 2016, it was extended to small business contracts and in April 2021, insurance contracts...
This is an interview with Gayann Walker, an editorial panellist on our Sports Law Bulletin. Gayann is a barrister at the Victorian Bar where she specialises in (among other practice areas) matters relating to sports law. Gayann is also a Tribunal Member with Football Victoria and a former Board member of the Southern Football Netball League. Throughout the interview, Gayann provides some insight into the practice of sports...
Over the past five decades, regulatory reform has seen changes to most employment-related legislation enacted both at the federal and NSW levels. However, one regulatory regime that has operated relatively unchanged over this period is NSW’s long service leave law — the Long Service Leave Act 1955 NSW (LSL Act). That legislation provides that employees accrue an entitlement to long service leave after 10 years and may...
Introduction The evolution of workplace protections has shown little signs of slowing in recent times. More and more often, the Fair Work Commission (FWC) has provided decisions on the broadening protections for employees and correspondingly broadening responsibilities for employers. The FWC frequently has to rule on the eligibility of employees to make claims under the Fair Work Act 2009 (Cth) for unfair dismissal...
Overview of the issue The issue as to who falls within the ordinary or extended meaning of “employee” under the Superannuation Guarantee (Administration) Act 1992 (Cth) (SGA Act) has arisen again, and this time, the result of the Full Court of the Federal Court’s decision should trigger a review of business’ relationships with independent contractors. The decision of JMC Pty Ltd v Cmr of Taxation emphasises the importance...
Introductory note: With the increased use of sustainable finance products, there is an increased focus on the risks and challenges facing market participants in connection with the implementation of sustainable financing, including the risks associated with 'greenwashing' (or, in the broader social context, 'bluewashing'). When implementing a sustainability-linked product, it is of paramount importance for borrowers...
On 18 September 2023 at Climate Week NYC, the Taskforce on Nature-related Financial Disclosures ( TNFD ) released its highly anticipated final recommendations for nature-related risk management and disclosure ( TNFD recommendations ). The TNFD recommendations: give companies and financial institutions a framework to identify, assess, manage and report on their dependencies and impacts on nature and their nature-related...
This checklist was produced by the expert legal writers of Practical Guidance Insolvency & Restructuring and sets out key matters to cover when advising a director of a company in financial distress. While each company’s circumstances will be unique, directors of companies in financial distress should, at a minimum, consider the following actions. Directors’ Actions Checklist ➝ Familiarise themselves...
The significant spike in insolvencies in the construction sector in Australia has caused a number of issues for owners of properties under construction. The contract disputes for unfilled contracts bring to light a number of issues in the law, particularly regarding owner’s rights under contract law. This is a vital, growing area of the law, so a deep understanding of it is key. This article comes from Tom Read , our...
There is clear evidence that contact sports such as Australian Rules Football can lead to serious brain injury, leaving players with life-changing, and potentially catastrophic consequences. Most recently, we have seen class action proceedings instituted against the Australian Football League, as well as individual court actions such as that by former Australian Football League Women Collingwood vice-captain Emma Grant...
So, the LexisNexis practical guidance team has published the NFT on 'How to create an NFT'. As a nerdy CEO, I was of course keen to both follow the process of how we create the NFT, including all the internal hoops to navigate, as well as then to bid on the NFT once it was up for Auction. To find out about the hoops and the complexity of a multinational company interacting with the blockchain and digital assets, read...
This is the first article in the future-proofing your firm for growth series. Technology has long been part of what it means to practice law, with document automation, practice management systems, and computer-aided legal research part of lawyers’ day-to-day for decades. You could even argue that looseleaf services were an early form of legal tech – solving the problem of how to keep hardcopy legal content up to date...
Evolution of Large Language Models There’s no doubt that AI is here. The surge in interest that has arisen from the introduction of new generative tools like ChatGPT or Google’s Bard is unlike anything we’ve seen for a long time. But the truth is that AI has been here for years – and even the Large Language Models that are now causing such excitement are actually already years old. The new wave of generative tools...
You can’t scroll through LinkedIn without reading posts about the ‘5 things you need to know about generative AI’. Every second podcast in your feed now seems to relate to AI regulation and the risks and benefits of using generative AI. You have even prompted Stable Diffusion to create some outlandish images and asked ChatGPT to write your best man’s speech. You read some pieces written by technology thought leaders and...
This is the second article in the series Future-proofing your firm for growth. The legal profession has seen a gradual but significant transformation for several years. From increasing efficiencies and reducing the amount of unbillable time to becoming more client-centric, law firms have slowly yet steadily moved towards adopting newer and more data-driven techniques to shape firm growth. Responsibly embracing AI...