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The head of ASIC has told a Senate panel that the regulator is taking an “aggressive” stance on cases related to the collapse of the First Guardian and Shield Funds, with 50 to 60 people working around the clock.
The Federal Circuit and Family Court has issued a guidance on the use of AI in court proceedings, saying that users of the technology are responsible for verifying any AI-generated outputs.
The High Court has been asked to rule on whether a subjective belief that misconduct has been disclosed is necessary for the whistleblower protections to apply.
Now is the time for employers to review AI deployment through the lens of existing legal obligations, rather than waiting for legislation that may not arrive, says HWL Ebsworth partner Chris Shelley and solicitor Tanisha Chadha.
A judge wants more details about a $10.3 million agreed-to penalty in proceedings brought by ASIC accusing Mercer Super of "longstanding and systemic" compliance failures.
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.
Noting the aging group members, a judge has pushed the parties in two class actions against aged care facilities over COVID-19 outbreaks to shoot for a 2027 or early-2028 trial date.
Construction PRO
Tasmania will receive its first submarine fibre optic cable in 20 years, as part of an agreement between startup Firmus and telecommunications company Subco to invest in the state’s AI infrastructure.
Law firm Russells has asked the High Court to overturn a decision which found it could not rely on privileged communications to defend itself against allegations of incompetence from former client Meadowbrook Golf Course.
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.