The Commercial Benefits & Legal Risks of Technology: Contracts, Blockchain, Data & Privacy
Join industry leading experts and in-house counsel for an in-depth and practical breakdown of how technology is shaping the commercial opportunities and legal risks faced by organisations today. Through interactive panel sessions & case studies you’ll take away a thorough understanding of the commercial benefits and legal risks that commercial lawyers and in-house counsel need to consider with respect to blockchain, smart contracts, data, analytics, automation, AI, cyber security and more. WEB216N03
Description
Attend and earn 4 CPD units including:
2 units in Substantive Law
2 units in Professional Skills
This program is applicable to practitioners from all States & Territories
Chair and Panel Facilitator: Dr Adrian McCullagh, ODMOB Lawyers
9.00am to 10.20am Blockchain & Smart Contracts: Benefits, Risks & Practical Strategies
- How does it work?
- A breakdown of blockchain and smart contracting
- How blockchain can be used for contractual performance, governance, regulatory compliance and more
- What are the applications and the benefits?
- How lawyers & in-house counsel can utilise this technology for their organisation, firm or clients
- The reliability, protection & efficiency of automation in smart contracting
- Automating contractual relationships and transactions with complete visibility
- Stability, security and evidentiary value
- Examples: trusts, retail transactions, supply chains
- A guide to preparation & implementation
- What lawyers & in-house counsel need to do right now to prepare for the state of things currently and in the immediate future
- Restructuring and implementing a contract suite in a way that’s flexible to future change
Panellists:
Natasha Blycha, Global Head of Digital Law Group, Herbert Smith Freehills
Leopold Lucas, Strategy Consultant, Accenture Australia
10.20am to 11.40am Utilising & Leveraging Technology: Data, Analytics, Automation, AI & More
- Leveraging data, analytics & automation
- Data: structured & unstructured data and a guide to its uses
- Analytics: leveraging descriptive, diagnostic, predictive & prescriptive analytics and examples of each in practice
- Automation: insights into building & implementing Intelligent Process Automation to improve performance
- Organisational Change and staying on top of future trends in compliance: structure, resources, communication & participation
- Case studies: effectively designing, implementing & utilising technology in practice
- Managing projects to evaluate & implement emerging and established technology
- Real world lessons for in-house counsel & commercial lawyers navigating AI, data, analytics, and more
Panellists:
Claire Vines, Legal Counsel, Hudson
Barry Padman, Head of Legal and Compliance - WA/Qld/ACT, Fujitsu
11.40am to 11.50am Break
11.50am to 1.10pm Minimising the Risks of Technology in Practice: Data Security & Privacy
- Checklist for managing privacy risks
- Legislative and regulatory overview
- Consent, marketing and privacy statements
- Data use, disclosure, collection, security, retention & storage deletion
- Involvement of third-parties
- Contractual limitations
- Data Security: data security management and data breaches
- Unreliability and inaccuracies
- Ethical questions around big data and AI and the limitations of privacy laws in the emerging data driven world
- Checklist for managing data security
- Understanding the value of data, who has access, where it’s stored, who’s protecting the data & how well it’s protected
- Cyber risk management
- Insights into cyber risks and vulnerabilities in 2021
- The human element of cyber risk and the need for a cyber security culture
- Best practice defences to cyber exposure
- Benefits of cyber security education and training awareness programs
Panellists:
James Myint, Digital Law Lead – Australia, Herbert Smith Freehills
Katya Lakes, Senior Legal Counsel, Ericsson