Law Firms’ Fading Love Affair With the Billable Hour

Billablehour lawfuel

The billable hour has been the brunt of criticism – mounting criticism – for many years.  Blamed for its lack of flexibility, its alleged inefficiency and even for creating high burnout rates in the legal profession. But the billable hour remains. With lawyers required to bill from 1700 to 2500 hours years, the pressure to […]

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Baker + McKenzie Act On Major Australia/NZ Paper Deal

Orora Ltd Sells Australasian Fiber Business Powered By LawFuel –Baker McKenzie has successfully acted for its client, Orora Limited (ASX: ORA), in entering into a binding agreement to sell its Australasian Fiber Business to a wholly owned subsidiary of Nippon Paper Industries Co., Limited (Nippon Paper) for an enterprise value of AUD 1.72 billion. Baker

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Queenstown Lawyer Fined $15,000

Adam copland lawfuel

2 Criminal Convictions Lead to Censure Powered By LawFuel –A Queenstown lawyer has been fined $15,000 and censured by the New Zealand Lawyers and Conveyancers Disciplinary Tribunal, after receiving two criminal convictions. Adam McAra Copland was convicted in July 2018 for driving with excess breath alcohol and disqualified from driving for six months as part

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Who Are Amazon’s Favored Law Firms? The Intellectual Property Accelerator List

Amazon deals

Amazon this month launched their ‘Intellectual Property Accelerator, designed to help brands obtain IP advise in Amazon stores. Build with small and medium-sized businesses in mind, it is intended to help entrepreneurs protect their ideas. Amazon explained in their blog post that the challenge of protecting ideas is safe with their ‘curated network of trusted

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Second CBL Class Action Launched

The litigation funders are fighting to battle CBL Corp, with the ‘first-up-best-dressed’ contender being Australian-based IMF Bentham, but now local heavyweight LPF Group has joined the fray with even more heavyweight institutional backing. The second class action against CBL Corp and its directors has been launched with the support of the company’s largest, institutional shareholder,

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Phil Newland

20 Phil Newland October 29, 2018 by LawFuel Editors (Edit) The litigation landscape has been lit up with more claims than ever and one of the prime movers – and funders – is Phil Newland’s Litigation Funding Group, LPR. The slow-moving efforts to change the High Court rules relating to litigation funding have now slowed the movement towards

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Why Are Former Partner ‘SEALS’ Jumping From Pierce Bainbridge Law Firm?

Seals

Dan Garner – The leakage from the once ‘fastest growing law firm in the world’ – aka Pierce Bainbridge, continues as six partners have left since August, with some being short-term stayers. A Law.com report quoted Pierce managing partner and former tank commander John Pierce (left) saying: “not everyone is cut out for SEAL training

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MinterEllisonRuddWatts Advise Japanese Forestry Group on First OIA Standing Consent

Minterellisonruddwatts

Hawkes Bay based and Japanese owned forestry and timber products company Pan Pac Forest Products Limited has received the first forestry standing consent under the Overseas Investment Act, with top law firm MinterEllisonRuddWatts advising throughout the process. Under the changes to the Overseas Investment Act introduced in 2018, a standing consent enables overseas persons like

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