find the latest legal job
Partners and Senior Specialist Lawyers
Category: Corporate and Commercial Law | Location: All Australia
· Earn 70% of billings and fixed referral incentives · Full practice flexibility & freedom
View details
Partners and Senior Specialist Lawyers
Category: Corporate and Commercial Law | Location: All Australia
· Earn 70% of billings and fixed referral incentives · Full practice flexibility & freedom
View details
Litigation Associate / Senior Associate
Category: Litigation and Dispute Resolution | Location: Sydney NSW 2000
· 4 years + PQE · Varied work
View details
Commercial Litigation Lawyer
Category: Litigation and Dispute Resolution | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· 3 - 7 years PAE with very strong technical skills · Technical and personal development
View details
Senior Lawyer
Category: Industrial Relations and Employment Law | Location: Haymarket NSW 2000
· Play an integral part in launching Employsure's law firm
View details
Protect corporate data: lawyer

Protect corporate data: lawyer

Protecting precious corporate knowledge is becoming a priority issue for companies, as the highly mobile Generation Y grows in influence in today’s workforce, said David Thompson, employment law…

Protecting precious corporate knowledge is becoming a priority issue for companies, as the highly mobile Generation Y grows in influence in today’s workforce, said David Thompson, employment law partner at national law firm Hunt & Hunt.

“Given indications that Generation Y employees frequently stay in jobs for short periods, the challenge for employers should not only be to find ways of supporting staff retention, but rather also to seek strategies for protecting the company’s ‘corporate databank’ of knowledge,” said Thompson. Lawyers can help companies ensure that adequate confidentiality clauses, for instance, become more commonplace in employment contracts.

Generation Y children, having seen their parents suffer the effects of retrenchment in the 80s and 90s, interpret loyalty differently to previous generations, which tended to define loyalty largely in terms of number of years of service. “It is not to say that Gen Ys are disloyal. They do expect to receive and give loyalty in their workplace, but, unlike their parents, their concept is instead based on honesty and respect between management and employees rather than committing to a life-long career with one company,” said Thompson. “At the same time, companies should also be looking at ways in which to implement more sophisticated methods of knowledge management, so that they can capture as much of their employees’ knowledge as possible, in the time that they are with the company.”

Like this story? Read more:

Book commemorates diamond milestone for WA law society

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

Protect corporate data: lawyer
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
new role with SA judicial appointment, scales of justice
Jan 15 2018
Worker's comp expert takes on new role with SA judicial appointment
An Adelaide barrister has been appointed deputy president of the South Australian Employment Tribuna...
Scales of Justice, NSW Bar Association
Jan 16 2018
New case management approach won’t beat backlog: NSW Bar Association
The New South Wales Bar Association says a new case management approach will fail to make a signific...
Jan 12 2018
E-discovery predictions for 2018
Promoted by Law In Order The outlook for early adopters of e-discovery in legal looks bright in 2...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...