Unlocking eSignature Lawfulness for Legal Services in Australia

How to eSign a document: eSignature lawfulness for Legal Services in Australia

[Music] I came to practical law I was a solicitor in large law and a barrister at the New South Wales bar I finished up as a dispute resolution senior associate at gaydon what I love about my role with practical law is that I'm showing large law every single day how their fairness can use practical law to improve their practice so from the moment a file hits your desk you're up and running and you can be getting instructions from the client telling us that prospect strategy and next steps which is what clients are after as soon as possible what I love about practical law is all the resources in practical or allow lawyers to get to the information they need ASAP so you're not messing around with hours of case law or commentary you're getting to really clear incisive format of information that allows you to get the critical issues in the matter much more quickly than with traditional commentary and case law practical law has two key differentiators compared to traditional case law and commentary in terms of a lawyer's daily practice number one currency it means everything and lawyers need to be up to date and practical law is updated within 24 to 48 hours so you have that confidence knowing you're using up-to-date resources number to every single document on practical lori's links through metadata to every other document so it's almost like a choose-your-own-adventure you start up the top and you drill down through the information which is presented in a really informative and incisive way so it gets you to that information ASAP practical law is a fantastic resource for law firms and offers real assistance if you are a paralegal or if you are a really experienced senior practitioner there's something for everyone and I think something that is really useful to law firms nowadays is know how so some more junior practitioners might not have the experience some more senior practitioners might be working in an area that they don't touch on every day but regardless and as a senior associate practical law is a fantastic touchstone in all those areas of law that lawyers touch on every day let's say for example you're doing a share purchase for a client so practical law has a fantastic summary of due diligence so you can send that off to you juniors they can run through that you don't have to waste time spending two hours explaining to them what the process is what important and what they need to record there's also a fantastic template sheet where all the juniors can record all the information so that you can have all the information organized so you can advise the client really really quickly also if you're looking through the share purchase practice note which is an excellent resource for this kind of work it touches on financial assistance and as we all know financial assistance is prohibited by the corporations act is a fantastic summary and if you need to know more there's a full practice note on financial assistance how to deal with it and how you do a shareholders whitewash one example where practical law could really save the day is if you're advising a large corporate on doing a share purchase and you know that the target company has recently made a loan to your client so when you're reading through the share purchase practice knows it touches on financial assistance if you want to know more about financial assistance obviously keeping in mind this loan you can then click on the financial assistance practice note which gives you a fantastic rundown of what is financial assistance why it's prohibited and what you can do about it for example of shareholders whitewash