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Archive for February, 2010

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Free as a Bird; Freehills Flying as Competitors Suffer GFC Fallout

13 December 2008

The reality of the GFC has struck Australia, leavimg many jobless and many more concerned for their future prosperity. It also has hit the legal industry, with widespread lawyer redundancies and su...

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Blake Dawson Redundancies; 89 Sacked Then Advised ‘Tell Colleagues You’re Going Home Sick’

18 March 2009

Following on from the cruel news sent by the Blakes partnership that sackings were imminent, and pursuant to the even crueler revelation that several dozen graduates commenced work with the firm a ...

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Freehills Says ‘Trend is Up’; Mallesons Says ‘Recovery Not Likely’

11 December 2009

When you've implemented a redundancy scheme that has given rise to a 25% constriction in the number of senior associates populating the office, it is time to speak out in media, ramp up the PR machine, and sell to staff/the public the rationale of such action. Accordingly, we saw Mallesons Chief Executive partner Robert Milliner quoted in yesterday's AFR as follows: 'Milliner said the size of the firm had been adjusted to reflect falling work volumes and a recovery was not likely in the medium term... "most of our clients here and overseas have gone through cost constraints, or because of the disruption of the debt markets have not been able to raise leverage to do the [M&A] activity they have done before". This comes just a few days after Mallesons spokeswoman Kate Rimer w...

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High Price Paid by Junior Staff as PriceWaterhouseCoopers Axes Many Staff

21 November 2008

Confirmation today that PWC, the 'big four' accounting firm, has been forced to shed staff in response to the dire economic times. An incredible 30 staff have been made redundant in a move that as ...

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Cracks Appearing; Mallesons Chief Executive Partner Cries Poor

3 April 2009

With a proud history as Australia's leading law firm, many have wondered whether the global financial strife, which we recently reported was spreading upwards, is also affecting Mallesons Stephen J...

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Masterchef Claire Winton Burn’s Secret Love Affair With Clayton Utz Colleague Exposed

16 June 2010

When we reported a couple of weeks ago that Masterchef contestants Peter Kritikides and Adam Liaw, both lawyers, had variously: participated in a firm-sanctioned chest-waxing; and proclaimed ...

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Update; New Claims in Clayton Utz v Michael “Trench” Mitchell Saga

5 March 2010

Short of an earthquake shredding razing its offices, things could probably not get much worse for Clayton Utz right now. A few weeks ago we heard the scandalous details of the defections of over...

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Lactose Tolerant: Breastfeeding Gong Affirms Clayton Utz’s Commitment to Women

9 September 2011

Beleaguered by the repeated allegations that it is a "hostile place for women to work", not to mention having been striken from the EOWA register as an Employer of Choice for Women, Clayton Utz is ...

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Walk On! PwC Rumoured to be Implementing Across-the-Board “Promotions”

19 May 2010

The outpouring of vitriol for big4 accounting firm PwC shows no sign of ending. Disillusionment, of the highest order, appears to have taken hold at the firm, despite what appears to be... err, goo...

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Slater & Gordon Acquisition of Keddies Faces Due Diligence Hurdle

26 October 2010

After a period of acquiring many regional-based personal injury practices, Slater & Gordon has today signalled its intention to make its biggest, and in our view most risky, acquisition. In ...

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