Lawfinance, formerly known as Just Kapital, has won summary dismissal of a lawsuit initiated by its founder seeking a piece of the funder’s $5 million cut of the $16.85 million Wickham securities class action settlement.
HWL Ebsworth has resolved a lawsuit alleging one of its partners helped the former directors of an insolvent mobile ticketing company divert the proceeds of a life insurance policy to pay money owed to the firm.
Two patent attorneys being sued by boutique IP firm Pizzeys Patent and Trade Mark Attorneys are resisting an application for preliminary discovery, denying the firm’s claim that they misused confidential information to poach clients.
US asset management firm State Street has dropped its trade mark claims against a second superannuation fund over its iconic Fearless Girl statue, leaving law firm Maurice Blackburn as the lone defendant as a November trial date approaches.
A new report from the Law Council of Australia has revealed female barristers are doing more work for less money overall, with equitable briefing improvements outstripped by slow growth in fee parity.
An elite Melbourne law firm has become the latest target of Slater & Gordon shareholders whose stock went south after the plaintiffs firm’s disastrous $1.2 billion acquisition of UK professional services outfit Quindell, facing a class action alleging it was negligent in its role conducting due diligence for the deal.
The High Court has done away with a rule that allowed self-represented lawyers to claim costs for legal proceedings, calling the exception an “affront to the fundamental value of equality of all persons before the law”.
Norton Rose Fulbright will have to wait another six months before a long-running dispute with a former partner will be heard, after the ex-employee successfully argued it would be “ludicrous” for the trial to proceed.
The third judge assigned to oversee a lawsuit filed against law firm Norton Rose Fulbright by a former partner has refused to recuse himself on the grounds of apprehended bias, despite being accused of behaviour that was “grossly disrespectful”, “absurdly obtuse” and “fundamentally lacking in logic”.
In a year in which it settled a shareholder class action against itself and purchased a class action boutique, publicly-traded law firm Shine Lawyers has posted a profit of $14 million, down more than 26 percent from last year’s $19 million.