Economy - Sales of new passenger cars slumped by some 10% in January compared to that of the January before. Whilst optimism is permeating our economic outlook for the year, this figure is disturbing: it would appear to be a marker of economic sentiment which does not auger well.
For this edition of Friday Tech Tips, we asked Andrea Cannavina, Matt Spiegel, Jerry Ting and Anand Upadhye for their takeaways from Legalweek 2019, which took place Jan. 29-Feb. 2 in New York City. Here are the legal tech pros’ perspectives on the big event.
Read more at AttorneysAtWork...
The billable hour has been the ubiquitous billing model for litigation services in South Africa since anyone can remember. The model is that lawyers charge their time out to their clients at a set rate per hour. This devoted time is itemized in increments (e.g.: 6 minutes or 15 minutes) and then tallied up and presented in a monthly account for work done.
Read more at Taurus Capital's Blog...
While 2018 was a challenging and dynamic year for business professionals in the legal and regulatory domain, it was also a year of great advancement towards the Rule of Law in the South African business and legal spheres.
As a recognised leader in the South African information industry, Sabinet recognises the need for research. Sabinet is committed to being a partner for African publishers by adding value and providing support to the publishers making use of its www.journals.co.za platform.
The Hague Institute for Innovation of Law (HiiL) and leading global law firm Baker McKenzie are delighted to announce that Global Legal Hackathon is returning to South Africa this February.
Fintech company, e4, which offers Software-as-a-Service driven digital solutions, has announced the appointment of Ntombi Mphokane, as its first HR and transformation executive.
In the 1950’s, intangible brand value accounted for a mere 52% of a company’s overall value. This has grown in estimation, and today, is more than 62% according to The Brand Bubble. Intangible value includes your brand, trademarks, customer goodwill and company reputation.
Economy - The Absa PMI rose to marginally positive in December, the best level of last year. The Business Confidence Index deteriorated marginally to 31 in the last quarter. The Consumer Confidence Index settled at a marginally positive rate.
Specialist recruitment firm, Michael Page, has published its latest salary survey. One of the key focuses of the report is the legal sector, which has typically been home to some of the highest-paying jobs in the country. Top earners include General Counsel (GC) and partners, both of which can expect to take home R5 million a year at the high-end of market.
Read more at BusinessTech...
The World Bank’s Doing Business 2019 names sub-Saharan Africa as the leader when it comes to the number of reforms to improve doing business. These improvements have seen the average time to register a business dropping from 59 days in 2006 to 23 days today, with a corresponding decrease in costs and red tape.
The Law Society of South Africa (LSSA) is deeply concerned about developments in Zimbabwe and it urges the Zimbabwean government to normalise the situation immediately.
PRNewswire - LexisNexis® today announced that six new technology start-ups have graduated from its 12-week Legaltech Accelerator Program, which helps promising companies quickly gain traction in the rapidly evolving legal tech industry.
Legal IT Insider Exclusive - We kick off 2019 with a bang, with the revelation that Oracle is launching a dedicated legal global practice management system that will initially be targeted at UK headquartered law firms, with the intention to later expand out to the United States. The PMS launch will take place on the 16-17 January at Oracle OpenWorld London conference...
Read more at Legal IT Insider...
It is with sadness that the ADF confirms the untimely passing of Mr Mackenzie Mukansi, the former CEO of the ADF, on the 27th December 2018.
Heading into 2019, corporate legal departments expect to spend less on outside counsel but more on legal IT systems and software. For the first time, legal departments spent less on outside counsel than on their in-house teams in 2018, according to the Gartner 2018 State of the Legal Function Survey.
Read more at Gartner...
Bettr, the South African virtual banking platform set to launch in 2019, was one of 15 startups to pitch at Africa’s edition of TechCrunch Startup Battlefield in Lagos on 11 December 2018. Some of Africa’s most promising tech newcomers took to the stage to present their ideas in the hopes of winning the $25,000 equity-free cash prize, a trip for two to TechCrunch Disrupt in San Francisco 2019 and the esteemed title.
The Law Society of South Africa (LSSA) welcomes the Constitutional Court judgment which confirmed that former President Jacob Zuma’s participation in the decision-making process and his own decision to suspend the operations of the Southern African Development Community (SADC) Tribunal to be unconstitutional, unlawful and irrational.
Yip, you are not seeing things, The Chief Registrar of Deeds reported this at the stakeholder’s engagement meeting held at Pietermaritzburg Deeds Office last Friday.
Watching WordPress cofounder, Matt Mullenweg deliver his annual State of the Word at WordCamp US on Saturday afternoon from Nashville there was little question that Gutenberg is the future of legal publishing. Beginning with the WordPress text editor (unchanged for a decade till now) released this week with WordPress 5.0, Gutenberg will ultimately impact the entire publishing experience, including customization of our publications.
Read more at LexBlog...
Research is a critical tool to build knowledge and facilitate learning and is essential to advancements in virtually all disciplines. The annual National Research Foundation (NRF) Awards recognise and celebrate excellence amongst top South African researchers. Sabinet honoured the worthy recipients at a ceremony held at the Boardwalk Hotel and Convention Centre in Port Elizabeth this year.
It is no secret, things are really tough at the moment. South Africa is in a technical recession and consumer spending is at a low. To many small businesses this means that the pressure is very, very real. As a result, cost cutting will inevitably have to follow, and the reality is, that the legal side of things are often one of those aspects left unattended.
The first time is a mistake; the second... When a clerk, my secretary was the erstwhile shot-put and discus champion of the Eastern Cape; not a lightweight by any means…Incensed but co-guilty, I had, late-night, insulted her on tape. Unpleasantries forgotten, I rose to meet her in the morn. She mo*red me, decked me and proceeded to wail publicly in my boss’ ABSA foyer.
With pleasure - In 1985 I was hired as a conveyancer and was stuck into Groot Dries’ agency conveyancing practice. Learning to collaborate was the first order of the day. Stowell’s employed a receptionist who, when asked to be put through, would respond just: with pleasure”. She had a dark, husky and incredibly sexy voice. I was titillated beyond measure.
The Law Society of South Africa (LSSA) has appointed an independent law firm to investigate the leakage of the August 2018 Attorneys Admission Examination papers.
Notice is hereby given in terms of and for purposes of the Acts mentioned in the Schedule below, that CIPC will be closed to the public from 10h00 on Friday 21 December 2018 to Tuesday 1 January 2019.
I have a friend who collects strange friends. Several of them are involved in MMA and such. They ride Harleys, sport tattoos, carry (in American parlance) and, if they weren’t such a nice buggers, would scare the daylights out of most law-abiding citizens.
The Law Society of South Africa (LSSA) continues into the Legal Practice Act dispensation as a voluntary, representative, professional interest body for attorneys.
Does it matter whether the business model-not technology-is the prime driver of transformation? Short answers: not well and yes. Legal technology is a good news/bad news story. The good news is that technology’s utility as a tool to help solve law’s wicked problems—notably the democratization of access to and improvement of the delivery of legal services—is now widely recognized, if not applied.
Read more at Forbes Magazine...
XpressDox Software is excited to announce that Docugility LLC has been appointed as an expert partner for the marketing, implementation, and integration of its industry-leading document automation products.
Borshare mistake - We are tuff okes, tired but tuff, nikse limp-wristed Swedish massages, we go for the deep tissue massage; vir ouens met spiere. Sommer vir n uur.
Gentle Reader, In praise of … cost? - Bhaktapur is the cultural capital of Nepal. It is also busy, poor and dusty. It takes me 8 minutes and 70 Rupees to be diagnosed, issued with a script, taken up into ER, purchase the drug and be given a rabies shot. That is not R10. The SA cost of one dose of rabies vaccine (excluding the service) is in the order of R550.
More than 1,000 delegates attended the Legal Geek conference in London on 17 October. The conference brought together law firms and legal tech start-ups with software products designed for the legal world. Sponsors of the conference included The Law Society and Magic Circle firm Freshfields Bruckhaus Deringer.
Read more at Legal Action Group...
Business leaders in South Africa might be feeling a bit depressed at the moment, but it does feel as though the startup ecosystem in South Africa is beginning to come of age – a decade’s worth of work all coming together to refine the models that work here.
Kevin O’Keefe: You’re the founder of Libryo. What is Libryo? - Garth Watson: Libryo is an online platform typically used by global companies that have diverse operations and they use it to know the specific regulations that they face at each of those distinct operations.
Read more at LexBlog...
The Hague Institute for Innovation of Law (HiiL) is pleased to announce that 17 innovators and entrepreneurs have been selected to enter its prestigious Justice Accelerator program, which commences from the end of October.
This October, various charity organisations and NGOs across South Africa are set to benefit from the local roll-out of the annual RE Cares Month. This global community outreach programme is spearheaded by leading content and technology solutions provider, LexisNexis South Africa, through its international parent company, the RELX Group.
Digitalisation expert, e4, has appointed Masego Khutsoane, as its new Divisional Head of Financial Services. Khutsoane joins e4 with a wealth of experience having held senior positions within the JSE, Absa, Woolworths Financial Services and Nedbank.
The first election period for the new Legal Practice Council (LPC) closed at 12 noon today, 3 October 2018. Throughout the nomination and election process for Council members for the LPC, the Law Society of South Africa (LSSA) has encouraged legal practitioners to participate in this historic process.