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

Anti-money Laundering Startup First AML Raises $8 Million

Australia, New Zealand Law News, NZ Top in LawFuel, Press Releases /

AUCKLAND, New Zealand, September 16, 2020 – Anti-money laundering tech startup First AML has raised NZ$8 million in a Series A funding round led by US-based Bedrock Capital, with support from Pushpay founder Chris Heaslip and Icehouse Ventures. First AML’s regulatory technology (regtech) platform streamlines AML anti-money laundering compliance for the likes of financial service providers, law firms, […]

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How Will The Impending Insolvency Crisis Affect the Legal Profession?

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The impending insolvency crisis in the wake of the COVID-19 pandemic raises key questions for company directors and lawyers – such as what choices directors should make in the ‘insolvency environment’. A seminar on the insolvency law landscape and its effect upon the legal profession is the subject of a forthcoming webinar coming in the

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The Multi Million Dollar Fees And “Inexplicable Greed” That Saw The Demise Of a One of Australia’s Leading Silks

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The startling fall from grace of blue-blooded Melbourne SC Norman O’Bryan, a barrister of such repute that he held the Order of Australia, has rocked both the local Melbourne bar and reverberated about the Australian profession. O’Bryan could barely have had a more distinguished legal pedigree. Both his grandfather and father were both Supreme Court

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Australian Law Firms More Resilient Than Others in The Face of the Pandemic

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The global pandemic has affected Australian law firms less than many others globally, although it is seeing partners everywhere working harder. The Thomson-Reuters State of the Legal Market: 2020 report showed higher demand from clients and revenue for the Australian firms with legal services rising by over 6 per cent for the final quarter of 2019-20 compared

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Second Aggressive Raid By Adelaide-Based Law Firm Takes Partners From Yet Another Global Big Law Player

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Thomson Geer has raided yet another Big Law global firm by taking three partners and eight others from DLA Piper, hard on the heels of the Adelaide-based law firm’s Brisbane raid on Dentons. Thomson Geer raided 20 fee earners from Dentons in July. The raid on DLA Piper focused on M&A lawyers. The DLA Piper

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Melbourne Law Firm Receives Criticism From Victoria Premier for COVID Approach

Australia, Law Firms /

Law firm HWL Ebsworth has received barely veiled criticism from Victoria Premier Daniel Andrews for the way the firm approached the COVID crisis and the outbreaks at the firm’s office. The firm has two floors in Collins Street, Melbourne and although Andrews did not name the firm he referred to one that had “become a

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The Retiring Lawyer – Is There An Age Discrimination Issue Here?

Australia, Featured, Lawyers, New Zealand Law News, NZ Featured Posts /

An Australian case involving one of the Big Four accounting firms has raised the issue of retirement age for lawyers as well as accountants. Given that most large law firms have a mandatory retirement age provision, the case involving Deloittes will have firms thinking. According to many, the rules relating to professional service partnerships with

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Law firm uses AI to slice months off insurance claims

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Maurice Blackburn Lawyers has rolled out an artificial intelligence-infused solution that cuts the time taken to assess a client’s entitlement to a superannuation disability insurance claim from months down to the span of the client’s initial phone call. Developed by Microsoft partner, Arinco, the system saves time for the client while also freeing up the

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Australia Law: Litigation funding for class actions promotes access to justice, but contingency fees are problematic

Australia, Press Releases /

Australia’s class action regime, including the role of litigation funding, has been an effective and reliable means of delivering access to justice, but contingency fees create undesirable ethical risks, the Law Council of Australia has told a parliamentary inquiry today.  The Law Council of Australia President, Pauline Wright, told the Inquiry into Litigation Funding and the

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Shine Lawyers File Coronavirus Class Action Against Ruby Princess Owners

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Shine Lawyers has filed a class action against the owner and operator of the Ruby Princess. It is alleged that the outbreak of Coronavirus on the Ruby Princess, which docked in Sydney on Thursday 19 March 2020, resulted from a failure to take appropriate measures to ensure that passengers were safe and protected from contracting

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