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Demystifying AI for the profession
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From stone tablets to touch screens, the legal profession has always embraced new tech. After evolving with the industrial and digital revolutions, the next challenge for us lawyers is AI. AI has an extraordinary potential to transform the justice system and the delivery of legal services. As you might be aware, the Law Society is working to support solicitors to adapt to the complexities and challenges of AI. Continue reading >
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Macarthur Regional Visit
Join the Law Society of NSW President, Brett McGrath at the picturesque Camden Valley Inn on Thursday 22 August for a day of professional development and networking. Explore key issues impacting legal practitioners and hear from esteemed speakers including The Honourable Andrew Bell, Chief Justice of NSW. Don’t miss out — click here for further details and to register today.
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AI for Legal Professionals
The Law Society has developed a suite of resources for members to understand the impact Artificial Intelligence (AI) is having on the delivery of legal services. They include an AI Glossary, CPD and Education Courses on AI, Court Protocols and a Solicitor's Guide to Responsible Use of Artificial Intelligence. Click here to access the AI for Legal Professionals webpage.
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Don’t forget to register for Member Advantage
As part of the Member Benefits Program, there is a new platform where you can enjoy everyday rewards and benefits. There are hundreds of exciting offers bringing you great value! As a Law Society member, you can access savings on your groceries and fuel with eGift cards from Coles, Woolworths, Harris Farm, 7 Eleven, and Ampol. There are amazing offers at Australia’s leading retail brands across tech, electronics, appliances, apparel, cosmetics and sporting goods. There is also a selection of partnerships with exclusive pricing on hire cars, accommodation, and experiences, and corporate rates for Qantas Club Airline Lounge Memberships, plus much more. Register here.
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The Law Society of NSW: Stay up to date
Did you know you can update your email preference using your LawID? Tailor your experience and receive the news that matters most - from the latest Events and CPD courses to LSJ Online. Log in to LawID and select 'manage profile' to access our email preference centre and stay ahead of the curve with curated communications. Instructions are available here.
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Invitation to the Federal Court’s Annual Employment and Industrial Law Seminar
The Federal Court of Australia is hosting the seminar on Wednesday 11 September 2024 at 5:30-7:30pm, on the topics of ‘Who is an employee now?’, ‘Sexual harassment in the workplace’, and ‘The evolving workplace and legislative responses’. For more information on the seminar and how to register, click here.
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2024 Forbes Lecture on 31 July
The 2024 Forbes Lecture will be presented by Daniel Yazdani on Wednesday 31 July 2024 in the Banco Court, Level 13, Queens Square Law Courts Building commencing at 5:15pm. The Lecture is entitled “Francis Forbes and the Parable of the Gown and Wig: A History of Legal Dress in New South Wales”. The Lecture will be chaired by Dr Simon Chapple SC, Secretary of the Forbes Society. This is a public lecture with no registration necessary for in person attendance – if you are unable to attend in person, to receive a link for online viewing please register here 2024 Forbes Lecture 31.7.24. After registering you will receive an email confirmation which contains the viewing link. Please email secretariat@forbessociety.org.au with any queries.
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Invitation to Apply for the Legal Aid Review Panel (LARP)
Legal Aid NSW is pleased to invite you to apply for membership on the Legal Aid Review Panel (LARP). Click here to find the Expression of Interest (EOI), which provides detailed information about the application process, eligibility criteria, and the role of LARP members. The EOI is open until 5th August 2024. We encourage all eligible practitioners to consider this opportunity to contribute to the important work of Legal Aid NSW. The Legal Aid Review Panels play a crucial role in ensuring fairness and transparency in the appeal processes for legal aid decisions. Please review the attached EOI and submit your application by the specified deadline. If you have any questions or require further information, please contact Pauline Chau, A/Director Legal Services, at pauline.chau@legalaid.nsw.gov.au
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2024 ANNUAL CONFERENCE SPEAKER OF THE WEEK
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Anthony Whealy KC is a former Supreme Court and Court of Appeal Judge, now Chair of the Centre for Public Integrity. He will join day one of the Law Society’s Annual Conference to take part in the Great Debate on the intersection of investigative journalism and the criminal justice system. Also taking part in the debate are NSW Chief Magistrate Michael Allen and journalists and authors Dan Box and Kate Wild.
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Specialist Accreditation Conference 2024
Thursday 15 August and Friday 16 August 2024
REGISTER HERE
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Staying Well in the Law: Designing safety in the workplace
Wednesday 21 August 2024
REGISTER HERE
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Growth in practice: Mandatory rule 6.1 – online
Thursday 22 August 2024
REGISTER HERE
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Practice management course: August 2024 – online
Monday 26, Tuesday 27, Wednesday 28 August 2024
REGISTER HERE
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MEMBER BENEFITS FEATURE OF THE WEEK
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Law Society Member Benefits
Discover an unrivalled range of exclusive offers from our Member Benefits providers, including personal and lifestyle products and services tailored to support you and enhance your legal practice. Do not miss out on these exceptional deals.
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July Service Directory
The LSJ Digital Service Directory for July is now available. Here you will find advertisements for agency and referrals, practices for sale and purchase and much more, plus all missing wills notices. Read more.
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Treatment of capital gains tax in bankruptcy
A recent decision in Robson as trustee for the bankrupt estate of Lanning v Commissioner of Taxation [2024] FCA 720 has confirmed the Inspector-General in Bankruptcy’s approach that a trustee in bankruptcy is answerable as taxpayer for the payment of tax on any income, profits or gains they derive in their representative capacity. The Inspector-General has acknowledged this approach is a change to past practices and has issued guidance on the treatment of CGT in bankruptcy available here.
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FAR implementation for insurance and superannuation entities
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have published new information to help the insurance and superannuation industries prepare for the commencement of the Financial Accountability Regime (FAR). The FAR takes effect for these industries from 15 March 2025. Accountable entities should ensure sufficient time to comply with the FAR. Guidance materials are available on APRA’s website here. Information on the FAR implementation and timeframes is available here.
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Reissued Practice Note SC Gen 17 – Supreme Court Representative Proceedings ('Class Actions')
On 24 July 2024, the Chief Justice reissued Practice Note SC Gen 17, with a commencement date of 1 August 2024. The revised Practice Note updates the practice that will apply to representative proceedings under Part 10 of the Civil Procedure Act 2005 (NSW) commonly described as class actions. A summary of the revisions and links to the Practice Note are available here.
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Agreements for sale of land of $20 million or more
To reduce risk to EDR clients, in the coming months, Revenue NSW will transition to requiring agreements for the sale of land with a dutiable value of $20 million or more to be lodged via eDuties for assessment. Exemptions and concessions will not be affected. More details will be provided in the coming weeks.
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RISK
Keeping it in the family: self-dealing is as dangerous
as it sounds
By Susan Reid and
Malcolm Cameron >
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INSOLVENCY
Split High Court confirms foreign entity immunity from winding up applications
By Pravin Aathreya and
Lucy Charleston >
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