From genAI tools expected to save manual work hours to four-day work week trial in Brisbane, we bring you a collation of key updates for August 2024. The post Monthly Compilation Of Key Updates For The Legal Industry – September 2024. appeared first on Law Image ..read more

Law Image shares the latest CSAT survey's outcomes, reflecting our dedication to excellence and our clients' high regard for our services.  The post 2024 CSAT Results Are In: Celebrating Exceptional CSAT Outcome appeared first on Law Image ..read more

From genAI tools expected to save manual work hours to four-day work week trial in Brisbane, we bring you a collation of key updates for August 2024. The post Monthly Compilation Of Key Updates For The Legal Industry – August 2024. appeared first on Law Image ..read more

From Australian businesses facing downturn to changes in laws, we bring you a collation of key updates for July 2024. The post Monthly Compilation Of Key Updates For The Legal Industry – July 2024. appeared first on Law Image ..read more

The Victorian Supreme Court has set a pioneering benchmark by releasing guidelines for the responsible use of AI in litigation, marking the first time an Australian court has specifically addressed the role of AI for legal practitioners. These guidelines are expected to shape future standards and potentially influence other courts nationwide.  The landscape of the legal industry is rapidly transforming with the integration of artificial intelligence (AI) tools. Recognising this evolution, the Victorian Supreme Court has set a pioneering benchmark with the release of guidelines for the res ..read more

Explore how Law Image successfully managed a comprehensive legal document digitisation project for a major law firm client in Australia. The Project This project was designed to streamline document management for our client, a global law firm based in Australia, by scanning and coding 119 boxes of legal documents.   The primary goal was to ensure the accurate digitisation and processing of a substantial volume of documents while maintaining high standards of quality and data integrity. The key deliverables included digital scans of all documents, along with appropriately coded and de ..read more

From income tax changes to new guidelines for litigation around AI integration, we bring you a collation of key updates for May 2024. Highlights of federal budget 2024-25: Tax and superannuation    Effective from 1 July 2024, significant changes to personal income tax rates will be implemented. The 19% tax rate will be reduced to 16%, and the 32.5% rate will be reduced to 30%. Additionally, the income thresholds for the higher tax rates will be increased, with the 37% rate applying above $135,000 (up from $120,000) and the 45% rate applying above $190,000 (up from $180,000).&nbs ..read more

Document digitisation is an essential first step in kickstarting your digital transformation journey. Even if you only digitise a portion of your files or adopt a day-forward approach, there are significant benefits.  Digitising documents helps establish a structured filing system, enabling secure file sharing and text-searchable documents. Moreover, converting files to digital formats frees up valuable office space and grants employees remote access to crucial information. Whether you’re embarking on a high-volume digitisation project or starting small, having a clear strategy is vital ..read more

In an era where technological advancements redefine industries at an unprecedented pace, the legal profession stands poised for transformation through the integration of Artificial Intelligence (AI). Australian legal professionals are increasingly embracing AI tools to streamline processes, enhance efficiency, and deliver superior legal services. Document review & decision making with AI  One of the most significant ways AI revolutionises the legal landscape is through its ability to analyse vast amounts of data swiftly and accurately. Legal professionals often grapple with extensive ..read more

From law firms using AI to eight trends propelling government operations, we bring you a collation of key updates for April 2024. Future of professionals report – Asia & emerging markets    Thomson Reuters surveyed 1,000 professionals across legal, tax, accounting, global trade, risk, and compliance sectors in various regions. The survey found that 35% of professionals expect AI to have a “transformational” effect on their professions within the next five years, with an additional 29% anticipating a “high impact.”  Administrative tasks are identified as a significant ob ..read more