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Top-tier firms say slashing salaries not on the cards yet
With the legal industry looking for ways to "share the pain" among staff amid a potential slowdown in work due to the coronavirus, several top-tier firms told Lawyerly they had no immediate plans to slash salaries or reduce staff hours.
Yoga and cocktails: How law firms are helping staff cope during the COVID-19 crisis
With a large number of lawyers now working from home amid the coronavirus crisis, law firms are getting creative, turning to virtual yoga, cocktail deliveries and more to maintain the health and well-being of their staff.
Ashurst lures top Deloitte partner for launch of risk advisory arm
Ashurst has brought on former Deloitte senior partner Philip Hardy to help launch its consulting arm to compete with the big four firms, and the law firm says Hardy's experience will be an asset as it manages the challenges of COVID-19 on clients' businesses.
Commonwealth Bank’s gripe with alleged whistleblower’s discovery bid ‘ridiculous’, judge says
A judge has criticised as "meretricious" and "ridiculous" opposition by Commonwealth Bank of Australia to a discovery application by a former general manager who claims he lost his job for blowing the whistle on alleged manipulation of staff bonuses.
Telstra wins dispute with councils over installation of smart payphones
Telstra has won its battle with Melbourne, Sydney and Brisbane over a planned upgrade of its payphone network across Australia, with a judge ruling the teleco did not need planning permits to install the next generation, digital phone booths.
Vagisil maker files appeal to halt European rival’s trade mark
The maker of Vagisil feminine hygiene products has appealed a ruling that denied its bid to stop a European competitor from registering Vagisan as a trade mark in Australia.
Courts criticised for losing sight of justice in Takata airbag class closure challenge
The lead applicants in seven class actions against auto manufacturers over explosive Takata airbags have criticised the courts for losing their way in ensuring justice is done, in a landmark challenge to class closure orders made in the cases.
Judge overstepped in accepting Pacific National undertaking, ACCC tells appeals court
The judge who dismissed the ACCC's challenge to Pacific National's acquisition of Aurizon's Acacia Ridge Terminal in Queensland had no power to accept an undertaking by the rail operator as an answer to the competition regulator's case, an appeals court has been told.
Canadian trader seeks to revive $10M defamation case against ASIC
A Canadian trader is appealing a ruling that threw out his $10 million defamation case against the Australian Securities and Investments Commission over allegedly defamatory communications the regulator sent to major stockbrokers.
Ex-Atrum Coal boss ordered to repay $6M to Hong Kong finance group
A former director of Atrum Coal has been ordered to pay over $6 million owed to a unit of Hong Kong finance giant Argonaut Group after a prior default saw the former executive lose $12 million worth of shares in the company.