Legal Articles

AI tools are now embedded in everyday business across Australia. People use them to draft emails, prepare content, summarise meetings and generate ideas, support marketing, administration and client work. The real legal risk with AI is not who owns the output. Copyright in work produced by employees is owned by the employer under relevant laws. Under a properly drafted contractor agreement ownership of work is already assigned to the business or intellectual property clause. The bigger issue is protecting the privacy and integrity of information that goes into the AI tool being used.

Joint ventures are a powerful way for business owners to collaborate, share expertise, and accelerate growth. When structured well, a joint venture can deliver strong commercial results. However, a failed joint venture can be costly, time-consuming, and damaging to relationships.

Many failed joint ventures follow the same patterns: unclear roles, poor planning, inadequate agreements, and mismatched expectations. In this Onyx Legal guide, we outline 11 practical strategies to support the success of a joint venture and explain how to avoid the common causes of failed joint ventures.

A common question we hear from business owners is “what is a joint venture?”, often followed closely by “how is a joint venture different from a partnership?” A joint venture (often referred to as a JV) is a business arrangement where two or more parties collaborate for a specific purpose while remaining independent businesses.