Australia

Latest law news about law firms, legal tech, lawyers and legal careers on LawFuel

Allens Launches Legal Accelerator & Seeks New Applications

Australia, Press Releases /

Allens is seeking applications for its new legal accelerator, Auctus – Allens Legal Accelerator, launched today in partnership with corporate innovation consultancy and startup accelerator Collective Campus. The accelerator offers innovators and entrepreneurs from Australia and around the world the opportunity to develop their ideas and solve real business challenges with the backing of Allens’ expertise and […]

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The Rock ‘n Roll Aussie Tax Lawyer Who Has Cooked Up A Global Tax Storm

Australia, Lawyers, New Zealand Law News, NZ Featured Posts, NZ Top in LawFuel /

Australian tax lawyer and rock singer Patrick Flynn, once a quiet suburban lawyer, has been thrust into the forefront of a major tax scandal involving allegation of wealthy Australians having their money funnelled into offshore accounts that echoes the Panama Papers episode that enveloped law firm Mossack Fonseca. The Melbourne Age newspaper reports that 54-year-old

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Look Out! Here Comes A Legal Disrupter That Actually COULD Disrupt The New Zealand Legal Market

Australia, Headlining NZ, Law Firms, New Zealand Law News /

John Bowie – One of the major legal disrupters and a firm that has been described as the fastest-growing law firm in the Asia-Pacific region, is opening its doors in New Zealand from the beginning of 2021. LegalVision has become a major presence in Australia where its legal website is one of the most popular

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Australian Parliamentary Committee Strongly Supports Suspension of Extradition Treat with Hong Kong

Australia, Press Releases /

A federal parliamentary committee today strongly supported the Australian Government’s actions to suspend Australia’s Extradition and Mutual Legal Assistance treaties with Hong Kong. Report 190, released today by the Joint Standing Committee on Treaties follows an inquiry undertaken at the request of the Attorney-General, The Hon Christian Porter MP. “The evidence gathered by the Committee establishes a strong public foundation for

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Universities given a vital boost but must restructure funding models

Australia, Press Releases /

The Australian Government’s allocation of $1 billion towards research funding will assist to offset the loss of revenue from international students, but universities must also experiment with more sustainable revenue models. Stoic Venture Capital Partner Dr Geoff Waring said while the $1B will boost the flow of innovative technology, the government’s additional $5.8M commitment to

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Westpack Hit With Largest-Ever Civil Penalty in Australia

Australia, NZ Top in LawFuel /

Westpac Group (ASX: WBC) will pay $1.3 billion in penalties after admitting to breaching anti-money laundering and counter-terrorism laws on more than 23 million occasions. The penalty, if deemed appropriate by the Federal Court, will be the largest ever civil penalty in Australian legal history following proceedings brought by AUSTRAC. The bank admitted to a

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Australia Places Increased Scrutiny On Litigation Funders

Australia, Briefing /

The Situation: Following a boom in class actions backed by litigation funders, the Australian Federal Government has introduced new regulations which classify litigation funding schemes as “managed investment schemes” and “financial services licensing schemes” for the purpose of the Corporations Act 2001 (Cth). The Result: From 22 August 2020, litigation funders must hold an Australian Financial Services Licence and

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The Racy, Risque Lambo Plate That Caused Offence For a Colourful Barrister Who Won His Battle . . Again

Australia, Lawyers, NZ Top in LawFuel /

“I resent anyone who’s trying to violate my freedom of speech and expression.“ For high profile Australian barrister Peter Lavac a Lambo laugh over his cheeky number plate is yet another battle to be fought – and won – against the authority of the State. He claims that 99 out of 100 people wouldn’t know

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UK TEST CASE PAVES WAY FOR COVID-19 INSURANCE PAYOUTS IN AUSTRALIA

Australia, Press Releases, UK Law /

The recent decision in the UK test case on business interruption insurance coverage related to Covid-19 may give an indication on how similar cases in Australia will play out, according to leading law firm Herbert Smith Freehills.  The UK Financial Conduct Authority brought the case on behalf of policyholders and was represented by Herbert Smith

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