Today
Minters picks up seven partners in PwC raid
MinterEllison is set to hire seven consulting partners from PwC in the largest single raid on the big four consulting firm since the tax leaks scandal.
- Maxim Shanahan
Yesterday
Bullying allegation at Corrs prompts regulator to get involved
SafeWork is “making inquiries” into a complaint at the law firm and has requested access to documents, but Corrs says the regulator has no plans to investigate further.
- Maxim Shanahan
No more ‘go-away’ money as companies take class actions to court
Corporate Australia will no longer pay “go-away” money to avoid shareholder class actions after plaintiff firms lost five major cases in a row, a trend lawyers said would encourage more boards to fight cases in the courts.
- Michael Pelly
This Month
- Exclusive
- Class action
Hedge fund betting on class actions banks on $135m profit a year
The fund behind largest litigation deal in history expects to make about $135 million a year from the deal, illustrating the huge profits up for grabs for investors.
- Ronald Mizen
Allens, G+T tapped for $200m AUB Group acquisition raise
Macquarie Capital’s equity desk hit the phones on Wednesday morning, chasing down fresh equity to fund the insurer’s acquisition of Pacific Indemnity.
- Sarah Thompson, Kanika Sood, e and Emma Rapaport
Supreme Court turns 200, with a didgeridoo salute
An Indigenous barrister and musician had lead roles in a ceremony to mark the bicentenary of the NSW Supreme Court.
- Michael Pelly
Allens to be king of the hill in Sydney’s new legal district
Allens and four other law firms are set to move into the revamped AMP building at Circular Quay as a new legal district in Sydney develops towards the harbour.
- Maxim Shanahan and Campbell Kwan
Directors welcome ‘no change’ report on disclosure laws
A review of continuous disclosure laws says the end of the no-fault regime for class actions has had no impact on “meritorious” claims
- Michael Pelly
Law graduates are about to crack a salary record
Top-tier graduates will earn more than $100,000 this year – in Sydney only – but law firms remain tight-lipped on pay rates despite moves towards transparency elsewhere.
- Maxim Shanahan
HWL Ebsworth anoints ‘co-pilots’ to replace the late Juan Martinez
Australia’s largest legal partnership, HWL Ebsworth, has new leaders who are hoping for “not such a combative relationship with the media”.
- Michael Pelly
If AI can do the work of a grad lawyer, what does a grad lawyer do?
As tech increasingly takes on the legal grunt work, MinterEllison is trying to rethink the work and skills of its young lawyers.
- Hans van Leeuwen
Optus denies ‘cloaking’ Deloitte report on 2022 cyberattack
A press release published after Optus’s 2022 cyberattack had legal purposes, even though they were never mentioned, Optus has argued in a court appeal.
- Jenny Wiggins
New lawyers to earn $341,600 as London talent war explodes
Wages for new hires at Quinn Emanuel will rise by tens of thousands from next month in a recruitment blow to Magic Circle rivals.
- Eir Nolsoe
CBA victory shows tide is turning on shareholder claims
The decision is more proof that shareholder claims are no longer a lay-down misere, lawyers say.
- Michael Pelly and Lucas Baird
- Opinion
- Review
How the US Supreme Court became a political organisation
When judges make decisions that should be left to politicians, they undermine democracy.
- Amanda Stoker
Thomson Geer takes 4.9pc stake in ASX takeover target
Law firm Thomson Geer has built a 4.9pc stake in ASX-listed Qantm Intellectual Property, currently the subject of a takeover tussle.
- Maxim Shanahan
Allen & Overy merger creates $5.3b firm in push for US clients
Local managing partner Jason Denisenko says the new-look firm will occupy the same space in the market, but will increasingly take on US firms with Australian arms.
- Maxim Shanahan
High Court rejects Crown immunity for sacred sites damage
The custodians of Kakadu National Park have won a test case in the High Court over a walking track at picturesque Gunlom Falls.
- Michael Pelly
Law Council ‘extremely concerned’ by ATO’s privilege allegations
In response to comments by Jeremy Hirschhorn to the Senate, the Law Council warned against casting doubt over the purpose of law firms’ consulting arms.
- Maxim Shanahan
Judge cited for ‘demeaning’ conduct in rape case
Victoria’s judicial watchdog has found that Judge Geoffrey Chettle ‘infringed the standards of conduct generally expected of judicial officers’.
- Michael Pelly