Why does ChatGPT matter for the legal industry?

The article discusses the use of ChatGPT, and large language models (LLM) in the legal industry. ChatGPT has a number of applications for lawyers such as legal writing, marketing and administrative work. Efficiency tools like ChatGPt can allow lawyers more time to focus on the legal aspects of their practice. However, ChatGPT is not yet…

The Office of Financial Sanctions Implementation has set up a new legal sector engagement forum

The Office of Financial Sanctions Implementation, a division of HM Treasury UK, has set up a new legal sector engagement forum. The OFSI helps ensure financial sanctions are understood, implemented and enforced. The forum has been set up to enhance the direct engagement between the OFSI and the legal sector. The forum is an opportunity…

The Law Council of Australia issues response to the Attorney General Administrative Review Reform Issues Paper

In 2022 the Australian Government announced reform to Australia’s system of administrative review. The reform will abolish the Administrative Appeals Tribunal (AAT) and establish a new federal administrative review body. The key points made by the Law Council in its response include: Accessibility, independence and impartiality must underpin all aspects of the new body. The…

Solicitors Regulation Authority issues guidance on new wellbeing rules

The Solicitors Regulation Authority has issued guidance on the new health and wellbeing rules brought in earlier this month. New Code of Conduct rules include specific obligations to treat colleagues fairly and with respect and not to  engage in bullying or harassing behaviour. The new guidance issued this month aims to help firms and individuals…

Solicitors Regulation Authority of England and Wales consults on proposed corporate strategy 2023-2026

The Solicitors Regulation Authority has launched a consultation on its Corporate Strategy 2023-2026. The plan focuses on 4 high level objectives: Delivering high professional standards – This means setting, upholding and promoting high professional standards for those we regulate, in a way that is fair, proportionate and robust. Strengthening our risk based and proactive regulation…

Scottish Parliament introduces Regulation of Legal Services (Scotland) Bill

The Scottish Parliament has brought in a new regulatory framework to change the way the Scottish legal market is regulated. The Bill provides for more competition and innovation in the regulation and provision of legal services. Existing regulators will retain their regulatory function but must become independent from other functions such as representing the membership…

Legal Services Board approves new SRA rules to improve workplace culture

The Legal Services Board of England and Wales has approved two changes to the Solicitors Regulation Authority Standards and Regulations. The rule changes aim to improve work place culture in law firms. The new rules make explicit the need for employees to be treated fairly and for managers to challenge any treatment deemed not to…

Legal Services Board of England and Wales publishes report into CILEX CRL dispute

The Legal Services Board of England and Wales has published its report into the disagreement between the Chartered Institute of Legal Executives (CILEX) and its regulator CILEX Regulation (CRL). The investigation was to determine if enforcement action was needed. Ultimately the oversight regulator decided that matter could be resolved informally. The dispute arose from CILEX’s…

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