Profit growth expectations of Australian law firms have reduced, with businesses pushing into non-legal services to meet evolving client demand, according to Commonwealth Bank survey. According to the 2019 CommBank Legal Market Pulse report law firms' confidence in business conditions has slipped. In 2018, business confidence reached its highest point since the CommBank … [Read more...]
Australia’s “Most Attractive” Firms
The Top 10 'Most Attractive' Law Firms The survey of the 'Top 25 Attraction Firms' in Australia has seen Herbert Smith Freehills' end a four year run with Minter Ellison taking poll position. The law firm attraftion survey, conducted by Momentum Intelligence and Lawyers Weekly is based on the query to external lawyers: 'which firm would you move to if … [Read more...]
A Warning for Australian Law Firms? SME’s Are Happy To Leave You
Inaugural NAB Law Firm Survey Carries Some Salutary Messages for Lawyers Powered By LawFuel - Lawyers are critical to SMEs. But that doesn’t mean they get it right every time. In NAB’s inaugural Legal Services Industry Survey, we find out what SME clients really need, want and value – giving lawyers unique insights into how they can better service … [Read more...]
Clyde & Co – Growth Down Under
UK-based Clyde & Co is to continue its aggressive Australian expansion, including by poaching partners, a Law.com report says.The firm has experienced strong, double-digit growth on the back of litigation growth in the Australian market, since establishing itself in Australia in 2012.“We are aggressively pursuing growth in each of the industries that we are focusing on,” … [Read more...]
#Himtoo – How Men Are Losing Out to Women in Law Recruitment
The flip side of #Metoo is the need to employ 'superior' men, requiring positive discrimination in the view of Australian law firm Lander & Rogers. The firm ranks highly on The Australian Financial Review Law Partnership Survey, with 37 per cent of partners being female and with 76 per cent of senior associates being female also. The reason, according to the firm Chief … [Read more...]
Game On For Australian Litigation Funders and Class Action Lawyers
Class actions are on the rise in Australia after the Royal Commission into misconduct in the financial sector, but also with more 'litigation funding action'. The first half of 2018 saw 29 class actions filed in Australia, 35 in the second half and a further 18 for the first half of 2019, according to figures released by Monash Law Professor Vince Morabito. While the … [Read more...]
Barristers Receive Social Media Telling Off
The use of social media - or its misuse - is something affecting every business and profession - not the least being barristers with the President of the New South Wales Bar Association issuing an edict on the matter following recent, unspecified incidents. Arthur Moses SC (right) referred to a number of recent incidents that had ‘prompted’ him to remind members of their … [Read more...]
