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Climate change impact on property: are you prepared for your duty of care?

Event Description

As climate change-related weather events such as flooding, bushfires and coastal erosion increase in frequency and severity, it raises the questions: How does this increase the risk associated with a property transaction, and what is your duty of care when advising your client?

In a detailed report Elizabeth Wild, Partner at Norton Rose Fulbright explores the topic “Legal Opinion: Do Real Estate Lawyers in NSW Owe Their Clients a Duty of Care to Advise and Warn in Relation to Climate Risk?”.

This Opinion Piece addresses the likelihood of climate risks increasing over time and warns that lawyers and conveyancers need to be equipped to recognise and advise on these risks and their impact on real property assets.

Hear from Elizabeth Wild, Partner and Sarah Mansfield, Special Counsel Norton Rose to be joined by Dan Montagnani, the CEO of Groundsure, a leading environmental and climate analysis authority expert, and InfoTrack’s Global Head of Property, John Ahern in a joint webinar to discuss the Opinion Piece, the risks and your due diligence.

The webinar will also introduce a new climate analysis report for property lawyers and conveyancers to help support duties and to prepare for any future professional guidance.

Key takeaways:

Webinar

Norton Rose Fulbright will discuss the legal and regulatory context for this report and its role in advising clients on climate change-related risks going forward.
Learn how you, as a conveyancer can recognise and advise on climate change-related risks, as a failure to do so may result in costly and protracted litigation, reputational damage or disciplinary action.

About Norton Rose Fulbright:
Norton Rose Fulbright is a global law firm, providing a full scope of legal services to the world’s preeminent corporations and financial institutions. We have more than 4,000 lawyers and other legal staff based in over 50 cities across Australia, Asia, Europe, Africa, the Middle East, the United States, Canada, and Latin America.

With more than 500 lawyers across Australia, we are one of Australia’s largest law firms operating on an international level. We’re proud to be one of only a handful of legal practices in Australia that fully covers both environment and planning law, offering one of the largest dedicated environment and planning practices in the country.

About Groundsure:
Groundsure is a leading environmental and climate analysis authority. We take large and complex datasets and turn them into clear and actionable insights for legal and property professionals. This enables their customers to make sustainable and confident decisions.

Enquire about Groundsure ClimateIndex™ Report here.

Event Speakers

Who will you be learning from?

John Ahern

CEO, InfoTrack

Dan Montagnani

CEO,
Groundsure

Sarah Mansfield

Special Counsel,
Norton Rose Fulbright

Elizabeth Wild

Partner,
Norton Rose Fulbright

*If you are in the legal industry you can claim 1 CPD unit per hour for InfoTrack seminars under practice management and business skills. Practitioners residing in WA cannot claim CPD points from InfoTrack training through the Legal Practice Board of Western Australia.