In Python, you can get the last element of a list using negative indexing. Here's an example:

my_list = [1, 2, 3, 4, 5]
last_element = my_list[-1]
print(last_element)  # Output: 5

In this example, my_list[-1] returns the last element of the list my_list, which is 5. Negative indexing starts from the end of the list, with -1 being the index of the last element, -2 being the index of the second-last element, and so on.

Python supports negative indexing, where the index -1 denotes the last element, -2 denotes the second last element, and so on.

One can easily access the last element of a list as follows:

list = ['apple','banana','cherry','orange','papaya']
print(list[-1])			# printing the last element

# Output: papaya