Precedents: Commercial & Corporate Advisory

6 starting-point precedents for this area. Each one names the law it rests on and says how far AI may help.

Precedents in this area
6
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Newest law stated as at
17 October 2026
Guidance for this area
Tasks and AI use in Commercial & Corporate Advisory
Precedents for Commercial & Corporate Advisory
PrecedentKindWhere it appliesAI useLaw stated as at
Directors' circulating resolution and minutes of directors' meetingLinked templates for an Australian company: a directors' circulating resolution under s 248A and minutes of a directors' meeting, with prompts for interests, quorum, execution and the s 251A minute-book steps.OtherAustralia Yellow17 October 2026
ASIC Form 484: change to company details (officeholders, addresses, members and shares)Completion guide for ASIC Form 484: which changes it reports, the 28-day deadlines and their sources, the evidence to hold before lodging, and the traps that cause late fees or wrong register entries.FormAustralia Green17 October 2026
Letter of advice to directors on duties and insolvent trading exposureAnswer-first letter advising directors of a company under financial pressure on their statutory duties, insolvent trading liability, the safe harbour and the immediate steps to protect themselves and creditors.LetterAustralia, New Zealand, United Kingdom (England and Wales), United States Red17 October 2026
Mutual confidentiality agreement (Australian law) with AI-tool use restrictionsOriginal Australian-law mutual NDA for commercial discussions. It covers permitted use and disclosure, personal information and data breaches, return or destruction, and when confidential information may be put into AI tools.AgreementAustralia Yellow17 October 2026
AI use, disclosure, data-training and output-warranty clause for commercial contractsDrop-in clause for services and supply contracts that requires disclosure of AI use, stops customer data being used for model training, sets human review and incident duties, and allocates risk in AI outputs.ClauseAustralia, European Union, United Kingdom (England and Wales) Yellow17 October 2026
Board paper and resolution approving adoption of an AI system (risk, accountability, monitoring)Board paper template, decision resolution and minute extract for approving a material AI system. It covers the business case, legal and privacy risks, accountability, human oversight, monitoring and the questions directors should ask.OtherAustralia, European Union Yellow17 October 2026

AI use levels: Green means AI can do most of the drafting and a lawyer reviews it. Yellow means AI helps in set ways and a lawyer checks specific points. Red means a lawyer does the work and AI stays out of the decisive steps.

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