LexisNexis Pacific

Last week’s AI Summit offered a fantastic forum to delve into the future of artificial intelligence in the legal industry. Thank you to everyone who contributed to these discussions! The sessions highlighted the following key themes 👇 1. Capturing Value in the AI Era: We explored how firms can redefine value for clients as AI takes over repetitive tasks. With billable hours less aligned with the value provided, there’s a growing need to rethink pricing models to better reflect strategic insights and expertise. 2. Professional Responsibility and AI: The ethical implications of AI were a major focus, including the need for transparency and oversight. Key questions arose about supervising AI-generated work and disclosing AI involvement to clients and insurers. 3. Training the Next Generation: We discussed how junior lawyers can enhance their skills as AI streamlines routine tasks. The future may favour those who master skills like prompt engineering to effectively collaborate with AI. 4. Enduring Human Strengths: Despite AI’s transformative impact, human traits such as curiosity, emotional intelligence, and relationship-building remain vital. These qualities are irreplaceable and cannot be replicated by machines. 5. The Art of Prompting: Our session on prompting highlighted how working with specialized legal AI, like Lexis+ AI™, differs from general AI platforms. We shared practical tips and live examples to help you craft effective prompts and optimize your AI research. It’s safe to say AI is here to stay, learn more on how Lexis+AI can transform your legal work here: https://lnkd.in/eEVybJXN #AISummit #LegalTech #AI #LegalInnovation #FutureOfLaw

We’re thrilled to be here at the LawTech Summit 2024, exploring the future of law with industry leaders, innovators, and changemakers. Greg Dickason's just wrapped up an amazing talk on “Legal Intelligence: What Next". He shed light on the game-changing role of technology in law and what's next for an industry where generative AI continues to revolutionise the way we think, work, and practice law. The future is bright, and we’re excited to be a part of it! Swing by the LexisNexis stand today to chat with our team and grab your complimentary gift! To find out more how generative AI is transforming legal work, visit: https://ow.ly/VA2r50Tg4BV #LawTechSummit #GenerativeAI #LexisPlusAI #FutureOfLaw #LegalInnovation #LexisNexis George Kalamiotis | Rebecca Herlihy | Colm Parker | Amanda Hatcher | Jessica Clarke | Niro Fernando

Another power panel at the Governance Institute of Australia leadership conference, with a unanimous conclusion that AI is an intricate necessity for the future of all businesses. Humans have the ability to adapt to these new technologies that bring with them rewarding challenges, just like fax vs email, calculator vs excel and now AI and the human in the loop. If you’re at the event, come and see our team and hear about some of the large language models our internal teams are using to drive efficiencies and our powerful Lexis+ AI tool, which will transform the way you work. 💻 https://lnkd.in/ewvVgtCU Kieran Seed Stephen Mullarkey Annie Hutchinson Vinith Venugopal Vicky K. Anthony Bruce Tamlyn Hex Wendy Morell-Becker Alex Smirniotis #legalai #aigovernance #regulatorycompliance #governanceprofessionals

The legal industry is rapidly evolving, and generative AI is at the forefront of this transformation, pushing the boundaries of what's possible in legal practice! Don't miss Greg Dickason's session at Chilli IQ's LawTech Summit, where he will delve into the future of legal intelligence and explore how cutting-edge technologies are redefining the landscape. Gain insights into what's next, for an industry where generative AI continues to revolutionise the way we think, work, and practice law. See you at the LawTech Summit! https://ow.ly/5l0250TeXTm George Kalamiotis | Jessica Clarke | Rebecca Herlihy | Colm Parker | Amanda Hatcher | Niro Fernando #LawTechSummit #GenerativeAI #LexisPlusAI #FutureOfLaw #LegalInnovation #LexisNexis #ChilliIQ

Tomorrow, our team will be at the Governance Institute of Australia's International Governance Leadership Conference, where Kieran Seed will host a panel with fellow industry experts Stela SOLAR, Michael Helmer & Tim Hogarth as they discuss reimagining the purpose of technology and AI. Don't forget to stop by and say 👋 to our team Annie Hutchinson Vinith Venugopal Anthony Bruce Vicky K. Iona McNab Elizabeth Lane Wendy Morell-Becker Stephen Mullarkey Thanks to the team Anji Kurian Maryanne Brogan Renee Maher for what's set to be another super event! #IGLC2024 #GovInstAus #legalAI #regulatorycompliance #governance Alex Smirniotis Tamlyn Hex

Whistleblowing is a free compliance register and alerts from LexisNexis Regulatory Compliance. The Whistleblowing Compliance Register assists entities in the public and private sectors with complying with their compliance obligations related to whistleblowing. It informs entities what policies and procedures they should have in place to ensure whistleblowers are protected when they make a disclosure. In addition, it covers what is eligible for protection under Australian whistleblower protection laws and the protections available to whistleblowers who come forward. Register today for your free demonstration! https://ow.ly/f3GS50Tcaqc #LexisNexisRegulatoryCompliance #theclearpath #compliance #riskmanagement #whistleblowing

This, year, the 24th of August marked 50 years since the assent of federal regulation of competition and consumer law in Australia, initially through the enactment of the Trade Practices Act and later through the Competition and Consumer Act. This legislation laid the foundation for modern consumer protection and competition law in Australia, and its principles continue to underpin Australian law. To mark this significant anniversary, industry experts together with our Practical Guidance Competition and Consumer Legal Writers, have come together to bring you their reflections on competition and consumer law in Australia. 🛒 Read their thoughts here: https://lnkd.in/gsTYJcUM #tradepracticesact #competitionandconsumerlaw #auslaw #50anniversary #practicalguidance #legalauthors Jane Tod Hayley Tam Jennifer Bannan Fiona Thatcher Ashley Angus Chloe Hammon Gina Cass-Gottlieb Diana Biscoe Rod Sims Wendy Morell-Becker Tamlyn Hex Michelle Wibisono Meg McDermott

‘Social Media’ is a free compliance register with alerts provided by LexisNexis Regulatory Compliance. If your organisation has established policies and procedures related to using social media—whether to promote your business or regulate employee conduct on social media platforms, the Social Media Compliance Register may be relevant for your business. Register today for your free demonstration! https://ow.ly/gRQZ50TaiIH #LexisNexisRegulatoryCompliance #theclearpath #compliance #socialmedia #riskmanagement #compliancemanagement

Modern Slavery is a free compliance register and alerts from LexisNexis Regulatory Compliance. The Modern Slavery Compliance Register provides clear guidance on which entities fall into the modern slavery reporting category, as well as what measures, strategies and remedial action should be taken to assess modern slavery risks in operations and supply chains. It also assists entities to prepare their modern slavery statement according to the required content and criteria, approval process and reporting deadlines. Register today for your free demonstration! https://ow.ly/sT2k50T77ZI #LexisNexisRegulatoryCompliance #theclearpath #compliance #compliancemanagement #riskmanagement #modernslavery

You can watch the webinar, "FAR and CPS 230 Uncovered: What it is and what’s next” right now! During this webinar, Kieran Seed and Temogen Hield cover the following key areas: • Overview of FAR and CPS 230 • Bolstering governance frameworks to meet the demands of the new regimes • What’s required from businesses to comply Watch it today and get on the clear path to compliance: https://ow.ly/nyiK50T6ca1 #LexisNexisRegulatoryCompliance #theclearpath #FAR #CPS230