E-law questions part 1 - Essay Example

E-Law E-Law involves the use of information technology in the legal practice, organization, and court processes. The innovations on information technology influence the legal profession where the developed countries like US are on the frontline to adopt the innovations. Uptake of technology by Australian lawyers is generally less than that of US lawyers. The US has a Legal Technology Resource Centre that helps US lawyers to use technology in making their practice and organization more successful.

Additionally, attorneys in US use technology in security, budgeting, and training. Moreover, US lawyers use technology in litigation, e-discovery, and e filing in courtrooms (American Bar Association 2012). They also use various hardware and software that include videoconferencing technology to take depositions and testimonies and to deliver professional legal education. On the other hand, videoconferencing technology applies in Australian courts in taking depositions and testimonies from witnesses and is accessible to lawyers in the urban areas.

Indeed, there is little evidence of technology use by Australian lawyers in the rural and remote areas. Despite its significant benefits, IT and specifically videoconferencing technology is not popular with Australian lawyers (Kennedy &Winn, n.y).Impact of Internationalization in Business Internationalization has a positive impact on tax revenue charged by governments on businesses. Indeed, an increase in the internationalization indicator leads to a subsequent increase in tax revenue. Additionally, internationalization undermines the government’s potential to tax business income hence leading to more business profits.

Moreover, it increases a business urge to relocate abroad and enhances the need for a better location with regard to infrastructure that promotes business activities. Indeed, it has adverse effects where a business finally relocates to another country.Impact of Globalization in Business Globalization has divergent impact on business. It promotes the movement of goods across borders thus enhancing international trade. It leads to integrated customer service and the emergence of global business brand.

It enables businesspersons to purchase products from convenient markets, selling of products in markets with higher profits, and outsourcing of raw materials. Additionally, globalization leads to high profit margins for companies that are able to source cheap raw materials and labor force from other countries. This equally leads to low earning potential for employees. Globalization also affects business management where companies can hire managers and establish themselves in other countries. Globalization derives an economy-stabilizing factor that contains trade deficit, down equity markets, and petroleum pricing thus improving the world economy.

Impact of Information Technology in BusinessBusinesses rely on software applications to perform various tasks and functions in an accurate and efficient manner. It equally influences and promotes effective management and running of a business. It contributes to process development in a business, administration, human resource, and recruitment, security, and finance that lead to efficiency in a business. Information technology is the backbone of internet marketing and email marketing of business products that fosters business sales and increased output.

 Through IT, local business can now join international trade via the internet. More so, it has led to innovation of great business ideas and improved communication between business partners. Furthermore, IT has led to emergence of business mergers, saved time, and increased productivity. Works CitedAmerican Bar Association 2012, Legal Technology Resource Center, Viewed 23 June 2012, < http://www.americanbar.org/groups/departments_offices/legal_technology_resources.html> Kennedy, A and Winn, S n.

y, Using technology to increase support for rural and regional legal professionals, University of New England, Viewed 23 June 2012, < http://www.deakin.edu.au/buslaw/law/rrjc/papers/kennedyamanda.pdf>