Economy - Can Gordhan sell SAA off or close it down? Leich (Daily Maverick) opines no. Who would buy a terminally ill airline?
Often, usually specialist, work is legally reserved to a profession or specially qualified group of persons – in order to protect the public. When it comes to conveyancing, a specialist field within a professional grouping, the factors at work are primarily that a fair amount of additional expertise is required, and probity – conveyancers work with a great deal of money.
Economy - Warren Buffet has likened Bitcion to rat poison squared. One buys Bitcoin in the expectation that a rising price will be created as more buyers would want to buy the same item and pay more. Interestingly this was said just prior to reports of a plunge (a drop, yes but hardly that) in crypto currencies’ price.
The Law Society of South Africa (LSSA) welcomes the judgment delivered on 16 May 2018 at the Gauteng Division of the High Court in the matter Proxi Smart Services (Pty) Limited vs the Law Society of South Africa and Others.
LexFutures, a legal data analytics provider based in Cape Town, has launched a Constitutional Court Fantasy Prediction League in partnership with UCT Law@Work and Juta Law.
The President and Council of the KwaZulu-Natal Law Society announce the appointment of Pearl Arnold Mfusi as Director of the KwaZulu-Natal Law Society and record their congratulations on such appointment.
Economic review - Faust made a deal with the devil: so too, it is said, did the USA in the Bretton Woods agreement; upon which agreement our current practice of using the US dollar as a reserve currency, is founded.
The Cape Law Society (CLS) has noted with great concern an article in The Herald of 19 April 2018 by Ms Nomazima Nkosi titled “ANC slams magistrate in Lungisa case”.
Johannesburg attorney, Emile Myburgh’s article on ‘Holding delinquent directors personally liable’ has won him the 2017 LexisNexis Prize for Legal Practitioners for the best article by a practising attorney published in De Rebus.
Business - The role of salary in motivation is oft explored; the summation of which is self evident: salary matters much for the poor and much less for the wealthy. Large organisations tend to award across the board salary increases, which, incidentally, is going to be about 3% this year, according to PayScale.
Economic review - There are a number of signals that our economy is picking up. One of them, significant for the likes of I, is a report from Loos that, on a scale of 10, our housing sales activity rating rose to 6.18 points in the 1st quarter; up from a multi-year low in the previous quarter.
Leading South African law firm, Webber Wentzel, has adopted Luminance’s Artificial Intelligence technology to enhance its due diligence processes for M&A transactions. The agreement marks another major international win for the fast-growing AI platform.
Roughly a third of South Africa's dollar millionaires studies law, a new report by AfrAsia Bank and New World Wealth says. The South Africa Wealth Report, released on Thursday, found that South Africa has 43,600 dollar millionaires, defined as individuals with assets worth more than R11.9 million, based on current exchange rates.
Read more at Business Insider South Africa...
Mthatha attorney Mvuzo Notyesi and Somerset West attorney Ettienne Barnard were elected Co-Chairpersons of the Law Society of South Africa (LSSA) at its annual general meeting in Cape Town on 23 March 2018.
Gentle reader, this is the latest edition of a series now 21 years old. Snippets commenced publication in 1997, was modernised and rechristened in 2007 as BusinessBytes and now, owing to a restraint, must needs re-brand. You may note the image of an extract of Posada’s Calavera of Don Quixote; a reminder to an absurdly chivalric that one should not take oneself too seriously. Regards, Dr. Daan Steenkamp
XpressDox is excited to announce that it now integrates to iManage Work 10.0 using the REST API provided by iManage.
Legal disruptors - do you have an enterprise, startup or just an idea that will improve access to justice for people around the world? The Hague Institute for Innovation of Law (HiiL) wants to hear from you, as it opens its Call for Applications for the Innovating Justice Challenge 2018.
South Africa’s ongoing education crisis, specifically access to schooling and learning material has been well publicised. Government has responded with subsidy offers, but simply providing financial aid does not solve the crisis that South Africa faces. Compounding the issue is the fact that universities are at capacity, with no new plans to build more facilities.
Software as a Service specialist, e4, has successfully met the National Credit Regulator (NCR) requirements and is now an accredited reseller credit bureau. This announcement falls in line with the relevant provisions of amended National Credit Act, 2005, which requires any business that receives reports containing consumer credit information, other than information that is in the public domain, must be registered.
The Law Society of South Africa (LSSA) welcomes yesterday’s judgment by the Gauteng High Court: Pretoria relating to the SADC Tribunal.
The world's largest collaborative lawtech co-creation event, Global Legal Hackathon, has drawn to a close, with thousands of people in 42 cities around the world coming together to build solutions to the most pressing justice problems we face over the course of a single weekend.
Philips and Powerhouse Dictation Systems would like to invite all lawyers and paralegals to their product and market education session being held in Cape Town at the Bridgeway Mountain View Room, Century City on the 14th March 2018 at 4pm.
In March 2017, ProBono.Org established a Divorce Help Desk at the Johannesburg Regional Court, which operates every Tuesday from 09h00 to 12h00.
The Law Society of South Africa (LSSA) welcomes the decision by the NEC of the African National Conference (ANC) to recall the President of the Republic amid all the allegations of corruption related to the imminent reinstatement of the ‘spy tapes’ criminal charges, and the allegations around complicity in state capture.
Pretoria - A legal battle has erupted between a company which said it has a business model which could deal with the day to day administrative aspects of property transfers and the legal fraternity, on the other hand, who says transfers are in law reserved to conveyances or legal practitioners.
Read more at IOL...
Libraries across the globe support and inspire the communities they engage with. They play a pivotal role in promoting the advancement of knowledge and yet are faced with an array of challenges that affect service delivery. From limited resources to rapidly changing user needs, libraries need to constantly find ways to save time and money while improving their workflows and delivering new value to users.
A&K, one of Africa’s biggest firms and Africa’s Law Firm of the year, required a solution to optimise the management of the practice & provide meaningful business insight. After a careful selection, it selected Silversoft with Deltek’s Maconomy Enterprise Solution for Law Firms to achieve growth.
The Hague Institute for Innovation of Law (HiiL) is pleased to announce that it is bringing the prestigious event for legal and justice innovators, Global Legal Hackathon, to South Africa for the first time this February.
Freelancing has found a new name in the digital era. A ‘Gig’ is simply a task performed as a once-off freelancing job, but because the trend towards freelancing has grown so significantly, a new economy has been born: the ‘Gig Economy’. Internationally, it has grown at a rapid pace with independent workers within Europe regarded as the fastest growing group in the EU labour market.
Eight hundred million jobs wiped out by 2030. Computers to replace five million Australian jobs within two decades. Massive job losses because of automation. These alarming headlines are hitting the front pages of media. And if you believe these doomsday predictions, the future for Australians, especially those at school or in higher education, looks dire. But is it?
Read more at The Australian Business Review...
Baker McKenzie has launched an expanded version of its Global Dawn Raid App, a mobile application that, across 44 countries, provides clients experiencing a raid with real-time step-by-step guidance on their rights and obligations, as well as instant access to Baker McKenzie lawyers.
My last business trip of 2017 was to Atlanta for the inaugural Reboot Your Firm for 2018, presented by the Atlanta Legal Tech Community at Industrious in Ponce City Market. The full-day event was designed to inspire solo and small firms to start 2018 with some new tools, in a tech-savvy and streamlined manner. Below are the top five takeaways from the event.
Read more at Above the Law...
The Law Society of South Africa (LSSA) is saddened at the untimely passing of Pietermaritzburg attorney and former LSSA Co-Chairperson, Julian von Klemperer, on 9 January 2018 at the age of 71.
ZIMBABWEANS practising law across the globe have formed an association with a view to sponsor underprivileged, but brilliant youths aspiring to join the legal profession. Zimbabwe Lawyers International (ZLI), founded by a London-based lawyer, Mrs Caroline Mugova-Pfupajena, officially launched its Zimbabwe Chapter at a cocktail held in Harare on Friday.
Read more at The Herald...
This past year saw significant failures in South Africa’s technology and telecommunications sectors. The government’s failed spectrum policy was a recurring theme this year, with the Minister of Telecommunications and the mobile operators battling over spectrum and the planned WOAN. The biggest tech failures in South Africa of 2017 are listed below.
Read more at MyBroadband...
The Lawyer’s Daily, spoke to firms with strong technology practices about what their predictions were for the upcoming year in legal tech.
Read more at The Lawyer's Daily...
Two startups from Southern Africa won top honours at The Hague Institute for Innovation of Law’s annual Innovating Justice Forum in December, when they were declared the winner and runner-up of the global Innovating Justice Challenge 2017.
Ari Kaplan speaks with some participants from the LexisNexis Accelerator Program for legal technology startups. They are: Ryan Alshak, the CEO of Ping, Alex Hewitt, the director of operations for vTestify, Tunji Williams, the co-founder and CEO of dealWIP, as well as David Schnurman, the CEO of Lawline and author of the upcoming book, Break through Your Walls: Bring Your Entrepreneurial Sledgehammer.
Read more at ABA Journal...
Legal Legends is providing solutions for SMEs who cannot afford legal services for their businesses. Describing itself as Africa’s, first legal eCommerce website, Legal Legends offers affordable legal services for entrepreneurs, start-ups and small businesses. Interesting enough and quite refreshing is the fact that their services are offered at fixed upfront prices.