Social engineering – the human factor in cyber risk

[Australasian Law Management Journal,Compliance & Risk Management,General Management,People Management(HR),Technology] September 23, 2020

Staff training to raise awareness of cybersecurity threats is essential for law firms at a time when scammers are using sophisticated social engineering strategies to steal data and carry out fraud, writes Simone Herbert-Lowe. Cybercrime is predicted to lead to the biggest transfer of wealth in human history. In Australia, cybersecurity incidents are estimated to […]

Beware the hidden costs of working from home

[Australasian Law Management Journal,General Management,People Management(HR),Strategy & Leadership,Technology] September 21, 2020

There are potential health and convenience benefits as a result of working from home during COVID-19, while law firms and in-house teams are also reporting surprising productivity gains. However, there are some disadvantages that team leaders have to factor in, writes Mark Andrews, an IT executive at Baker McKenzie. I want to start from a […]

Q&A: Matthew Karakoulakis – “If you can be clear about your process and control the events, you’re likely to get the outcome you want”

[Australasian Law Management Journal,General Management,Marketing & Business Development,People Management(HR),Strategy & Leadership,Technology] July 31, 2020

In the first part of a two-part Q&A, AMK Law founder Matthew Karakoulakis explains why practising martial arts has been so important to his legal career, and how innovation is helping his clients. Why did you choose law as a career? “I grew up in Adelaide and knew from about the age of 10 that […]

Home truths for all after ransomware attack hits celebrity law firm

[Australasian Law Management Journal,Compliance & Risk Management,General Management,Technology] May 28, 2020

A potentially costly ransomware attack on a major American law firm is a reminder for all firms to educate their employees about cyber risks at a time when more people are working on unsecured home networks during the COVID-19 crisis, writes Simone Herbert-Lowe. In recent months, the media has reported extensively on cyberattacks targeting companies […]

Latest news – ‘Anxiety’ the big issue during COVID-19; AGM contingency plans urged; Use of AI tech still ‘low’

[Australasian Law Management Journal,Marketing & Business Development,People Management(HR),Strategy & Leadership,Technology] April 27, 2020

Anxiety, isolation the big tests for lawyers during pandemic A new American study suggests that anxiety and isolation are more significant issues for legal professionals than technology-related challenges as they adjust to working remotely during the COVID-19 pandemic. The Loeb Leadership report, called Law Firms’ Adaption to Remote Working, sought responses from 200 managing partners, […]

Q&A: Dominic Woolrych – “Whereas I used to have to beg lawyers to join our platform, now we easily get 20 applications a week”

[Australasian Law Management Journal,Finance & Accounting,General Management,Marketing & Business Development,Strategy & Leadership,Technology] March 26, 2020

In our Q&A, Lawpath founder and CEO Dominic Woolrych explains how a relatively young company has become Australia’s leading legal software platform for businesses and individuals in the past six years; why he gave up the security of working for a big firm; and outlines his two key pieces of advice for  others wanting to […]

Latest news – Regulatory boom a money-maker; Systems issues a bugbear; Don’t miss survey deadline

[Australasian Law Management Journal,General Management,Marketing & Business Development,People Management(HR),Strategy & Leadership,Technology] February 24, 2020

Regulatory advice a windfall for top-tier firms Revenue from regulatory advice looks set to be the big money earner for some of the biggest Australian law firms in 2020, according to the 2020 round of the Financial Review Law Partnership Survey. On the back of a strong year in 2019 for such regulatory advice following […]

The 2020 dilemma – to hire a legal technology specialist or not

[Australasian Law Management Journal,General Management,Strategy & Leadership,Technology] January 29, 2020

Innovation, new technology adoption, security, continuous improvement, automation, AI, the robot lawyer – and so the list goes on. Does your law firm have the skills it needs to thrive, or do you need to bring in some expertise? What better time to consider this than the start of a new decade, writes Mark Andrews. […]

The insurance jigsaw puzzle – how different policies respond to cyber events and email fraud

[Australasian Law Management Journal,Compliance & Risk Management,General Management,Technology]

Lawyers face more risks that most professionals because of their duties around managing money held in trust, so it is essential that firms understand their particular threats and take out appropriate insurance cover that can protect them from malicious attacks, writes Simone Herbert-Lowe. Snapshot: Lawyers’ professional indemnity policies usually provide broad coverage for third-party claims, […]

Latest news – Recruitment on agenda; Mind your language; Cyber smarts lacking

[Australasian Law Management Journal,Finance & Accounting,General Management,People Management(HR),Strategy & Leadership,Technology] December 26, 2019

Companies, firms to expand legal teams There are promising signs on the legal recruitment front in the United States. According to staffing firm Robert Half’s State of Legal Hiring research, more than half of American-based lawyers (54 per cent) said their company or law firm will expand its legal team in the first half of […]