Data-driven business

Data is one of our economy's most valuable assets. It is transforming how organisations operate and how they deliver products and services to consumers.

Data is also facilitating the creation of brand new business models where information has itself become the product. Organisations can no longer merely rely on their own generated data. In order to leverage more beneficial outcomes, they now source external data sets to achieve a broad range of commercial outcomes. This is the emerging data liquidity market.

To do this well, organisations need clear data strategies. But using data is complicated, encompassing high psychological and regulatory risk hurdles. Each form of data use case may raise new, challenging questions, and now more than ever, it is vital to maintain consumers' trust about the stewardship of data.

The challenge for organisations is to navigate this uncertain and evolving space where the rules of play are still being defined.

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Thinking differently

Dealing with data: emerging trends in M&A transactions

Data remains one of the most undervalued assets, with most companies still failing to even include it as an asset on their balance sheet. Buyers and sellers who can recognise data assets and properly demonstrate how value can be extracted from them will be best placed for future M&A transactions. Learn how.

Dealing with data: your M&A playbook

We offer tips to help in-house counsel and dealmakers navigate the data issues that arise in the context of mergers, acquisitions, demergers and investments to help maximise the value in these transactions. Learn more.

AI Toolkit: ethical, safe, lawful - a practical guide for AI projects

Clients are increasingly beginning to deploy AI tools and other algorithm based automated decision-making processes into their businesses. This raises a number of practical, legal and ethical challenges. Our AI toolkit helps you address those challenges.

Benefits over backlash - five steps to a fit-for-purpose data strategy

Recent data scandals and the consumer backlash against privacy intrusions call for data strategies built on three pillars: governance, ethical decision making and consumer transparency and control. Legal counsel are uniquely placed to lead data strategy and to provide reasoned advice across multiple business functions. Here’s how.

What you need to know about Consumer Data Right

The Consumer Data Right is the biggest shake-up of data regulation ever seen in Australia. What is it? How will it be enforced? And, most importantly, what does it mean for you business? Here are some of our thoughts.

In conversation

Jessica Mottau chats to Evan Walker, Director of the Smart Innovation Centre at Transport for NSW, about automated technologies for the transport sector, fostering private/public partnerships and understanding privacy obligations. 

 

Valeska Bloch caught up with Rachael at the Sydney event for the World Legal Summit to discuss her work at the CRC, the emerging cybersecurity trends they are focusing on and some of the challenges with the existing design of our regulatory frameworks.

Michael Park caught up with Professor Joseph Cannataci, the UN Special Rapporteur on the Right to Privacy, to discuss the UN's Big Data–Open Data consultation process. 

Working with our clients

Case Study: Data Republic

Data Republic's platform enables organisations to securely exchange data on a trusted and multi-lateral basis, by providing comprehensive legal, governance and licensing workflows for the sharing of data. It is backed by Westpac, NAB Ventures and Qantas, amongst others.

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Case study: MedicalDirector

MedicalDirector is a market-leading medical software and information provider that processes over 75 million patient consultations every year and equips healthcare providers with the latest technology, data, and content.

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Case study: Red Marker

Developed the Artemis platform, a Machine Learning and Artificial Intelligence based solution that automatically identifies and analyses digital marketing content for compliance risk.