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Archive for February, 2012

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If You Fuz You Lose; Masterminding The Clayton Utz/A&O Partnership Defections

16 February 2010

We understand that you're probably sick of reading about it - we're certainly sick of writing about it - so unless something explosive happens, we'll make this our final post about the Clayton Utz partnership defections to Allen & Overy. This post clarifies further the Clayton Utz machinations giving rise to the defections. We have extracted some excellent info from the AFR 12/2, shedding light on how former Clutz Banking & Finance head partner Grant Fuzi was the protagonist in the Clutz partnership defections: It is Mr Fuzi's history with Clayton Utz, and his long-time association with Mr Trahair, a fellow Australian, that was instrumental in facilitating A&O's bold and sudden arrival here. As one partner said about Mr Fuzi this week: "The mistake we made was taking hi...

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UPDATE DLA Piper Star Wars: The Empire Strikes Back With ChewBarker

13 July 2011

In March we exclusively broke the news that DLA Phillips Fox had suffered an embarrasing premature evacuation in its Brisbane office. Just weeks before the firm was set to complete its merger with ...

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Deloitte Barnacles Bonus Bill & PwC Lacks Maturity in MASSIVE Growth Surge

31 August 2011

Bonuses Denied Despite Deloitte Growth Australia's fourth largest accounting firm by revenue, Deloitte, this year grew its income by an incredible 14 per cent. At that rate, the firm will have d...

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Operation Partner Profit? Dissecting The “Natural” Attrition of Critically Ill Clayton Utz

6 July 2010

In our eyes, the AFR's Hannah Low hit a personal high last Friday when she clinically disemboweled sick law firm Clayton Utz. For those who missed it, Low - a very highly regarded legal surgeon jou...

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Incredible Update on AAR Lawyer Salaries & Performance Reviews

19 November 2009

Sounds like some of the figures we reported earlier in the week in the Allens Arthur Highway Robbery Robinson Lawyer Salary Report were off the mark. If you believe the comments of the anonymous AAR spy below, anyhow. The comments about the successful achievement of its "distribution curve", if true, offer the most candid insight into how Allens' partners are using tactical performance management to, at best, reduce lawyer salaries and, at worst, open up the possibility of reduced headcount. The target billable hours published for Allens Arthur Robinson are wrong. Accurate targets are: Law Graduate (unadmitted, equivalent of articled clerk or UK trainee): 4.5 hours ($67k incl superannuation) 1st year Lawyer: 6.1 hours (approx $68K includig superannuation) 2+ Lawyer: 6.5 hours (appro...

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BIG DAY OUT! Rumour Wrap – McGrath Nicol Appointed to Salvage BDO, Grant Thornton Revisits Merger

29 February 2012

Updates regarding embattled mid-tier accounting firm BDO have been coming thick and fast in recent weeks. Today, we thought we would do a wrap of the big stuff to bring you up to speed. But before ...

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Norton Rose Partner Michael Tooma Disharmoniously Defends Current Bullying Laws

4 November 2010

As many of our readers working in employment law are doubtlessly by now aware, the Victorian Government recently announced potential changes to workplace laws that would create tougher penalties fo...

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Outplayed; Minter Ellison Partner Simon Alroe Voted Off the Island

11 September 2009

Ever since the story broke in July that former Minter Ellison staff partner Simon Alroe had been suspended indefinitely by the firm, pending the outcome of criminal harassment proceedings, the Firm...

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The Triple Jump? A&O Junior Partner Pay Will Lure the Nation’s Best 21

12 July 2010

We reported a few days ago that Allen & Overy had scored a major coup in convincing high profile lawyer David Poddar to take a hop, a step and a jump from Mallesons Stephen Jaques. It emerged l...

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Firm Spy Remuneration Report – Freehills Lawyer Salaries

13 November 2009

Let's kick off this fabulous Friday with a revised version of our report into Freehills lawyer salaries. Together with Minter Ellison, Freehills is Australia's equal second largest firm by revenue....

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