AI

While law firms have swiftly adopted artificial intelligence to boost efficiency, a recent report has found that AI is not affecting most large Australian law firms’ billable hours, raising questions about whether savings are being passed on to clients.

Victoria's top judge has spoken out on the dangers posed by the use of artificial intelligence in the legal system, saying the technology can mimic but not replace human decision-making.

Confronting a workload increase of 70%, blamed in large part by the growth in use of generative AI, the Fair Work Commission is proposing significant changes to how it operates, including its own use of AI.

Sydney lawyers earn more than their colleagues in Melbourne and other cities, according to a new report, which also found lawyers are more worried than the average person about how AI will impact their careers.

The Victoria Supreme Court has issued new guidance on the use of artificial intelligence in litigation, warning lawyers they may be referred to the legal watchdog if they rely on unverified AI in court documents.

In a heartfelt speech, a judge has warned that AI cannot replace compassionate judges and mentors, saying that while the new technology delivers impressive outcomes, "as humans, our needs are far more profound".

Thomson Geer is rebranding as Thomsons and launching specialist incorporated legal practice Faculti Lawyers, which will provide AI-powered high-volume legal services to institutional clients.

Alternative investment manager Alceon has launched what could become a multi-billion-dollar data centre investment fund, starting with a strategic $100 million investment in Melbourne-based data centre developer and operator INSITE DC.

The Australian Securities and Investments Commission has warned market participants to strengthen their cyber resilience in the face of new threats posed by AI, just months after the regulator secured its first penalty against a company over cyber failures.

A judge has found a director cannot represent his company in a legal dispute, noting his use of generative artificial intelligence in written submissions.