This year we added to The Laws of Australia (TLA) with new subtitle 6.9 Communications “Internet Law”, covering topics such as online content regulation, spam, online gambling, copyright infringement, cybercrime and domain names. The December update to TLA includes both 5.10 Civil Procedure “Table of Limitation of Actions”, which will feature in Limitation of Actions: The Laws of Australia (4th edition, forthcoming 2017), and 35.9 Unfair Dealing “Unconscionable ...more
Big data may be viewed as the term du jour and without any substance by many lawyers. However, the concept should not be dismissed completely because big data has the potential to significantly reshape the business of law. Consider that 90% of the world’s data has been generated since 2013, and that a number of estimates suggest that data globally is growing at a rate of 50% each year. With the depth and breadth of big data available now to law firms, practices that are able to best take advantage of big data, may be the ones that are best placed to be successful in a data driven future.
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Cloud-based software has seen rapid growth over the past few years within the consumer market where there has been an uptick in the use of cloud-based software such as Gmail and Dropbox. However, the larger point of interest for our purposes is whether the growth has also been replicated within the Australian legal market. There is no doubting the existence of a emergent market for cloud-based software solutions for lawyers, and although there are a number of issues that exist within the growing sector, the signs are there that we may be at the beginning of a revolution in how lawyers conduct their business via the cloud, with start-ups and small firms leading the way.
As the practice of law increasingly moves towards digitalisation, it is essential for lawyers to be mindful of the potential risks that arise in a world that is more dependent on technology, in particular cybersecurity, and data encryption.