As large language models (LLMs) and generative AI (genAI) models become embedded in workflows, expanding legal AI skill sets are a must for all professionals. Thomson Reuters recently invited legal…
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Essential gen AI skills lawyers should master
Generative AI has made a significant impact on how we work since Chat GPT launched in 2022. Large Language Models (LLMs) like ChatGPT have evolved rapidly, improving human-machine interaction. For…
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Ethical AI for lawyers in Singapore: Key responsibilities
Artificial intelligence (AI) systems are reshaping how lawyers service their clients in Singapore. Furthermore, AI adoption is on the rise. However, legal professionals must take ethical issues into consideration, balancing…
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How can AI help professionals attain their goals?
AI in law firms, tax firms, government and corporate departments is reshaping how professionals achieve their goals.
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Professionals want AI to produce work – APAC report
Thomson Reuters’ Future of Professionals Report – Asia & Emerging Markets Edition found 70% of corporate professionals in SEA want AI to help with work.
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Climate risk, net zero and corporate governance legal practice note
Directors of Australian companies are now increasingly required to consider the risks posed by climate change as part of their corporate governance
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Fit and Proper Culture? Addressing “Hidden Bad Behaviour” in the Profession
The Legal Profession Uniform Law (NSW) states that to be an admitted lawyer, a person must be a “fit and proper” person. But what does this mean in practice?
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Money Laundering by Gambling: Regulatory Gap or Green Light?
News of Barangaroo Crown Casino’s alleged non-compliance with AML/CTF laws late last year raises the perennial question of how to best regulate the gambling industry.
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New Zealand’s 2020 Privacy Act Lifts Compliance Standard in Region
Whether you are a business operating exclusively in New Zealand, or an Australian business with a presence in New Zealand, the new Privacy Act 2020 will have an impact.
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Ownership Versus Control: When Anti-Money Laundering Programs Miss the Point
AML/CTF programs should be developed to ensure they consider the criminal activities of individuals who control the money, not just own it.
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