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Why AI-Generated Contracts Are Risky for Australian Businesses
Why Australian Businesses Should Avoid AI-Generated Contracts Australian businesses are increasingly turning to artificial intelligence tools like ChatGPT to draft contracts quickly and cost-effectively. While AI can produce a polished agreement in seconds, the convenience comes with significant risks. Legal professionals across Australia warn that these tools often fail to deliver enforceable, compliant, or even...
GLG Legal Advises Austral Resources Australia Ltd on ASX...
We are pleased to announce that our client, Austral Resources Australia Ltd (ASX: AR1), has been reinstated to trading on the Australian Securities Exchange following completion of a $40 million recapitalisation and corporate transformation. At GLG Legal, our corporate advisory team, led by Managing Director Michael Hansel and supported by Senior Associate Roland Leong and...
How to list your company on the ASX
Going public: A significant milestone Taking your company public is a big leap. It comes with several risks and rewards, and you need expert advice to make sure it comes together. Building your advisory team Firstly, you will need to appoint a team of advisors, which would usually include a lead manager, a lawyer, and...
Foreign Investment Fees Going Up
Investing in the Australian property market from overseas has just become a little more expensive. The Federal Government has doubled foreign investment application fees, which brings a boost to the government’s coffers, but what does it mean for you? Firstly, a foreigner can only buy into the Australian property market if their purchase can strengthen...
Legal Issues Not to Overlook for Entrepreneurs
Entrepreneurs have a lot on their plate, including generating revenue, developing a concept, building a team, implementing strategies, and more. Any legal issues that slip through the cracks in the process are often only addressed when absolutely necessary, which ultimately results in severe financial losses and negative consequences. The reality is that incorporating a business...