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Freehills Archive

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REVERSE REDUNDANCIES: Mallesons Goonies Launch Controversial Indian LPO Scheme

27 October 2011

The enveloping sh*t-fight to forge a career as a sucessful Australian lawyer became even harder overnight with the revelation that Australia's most profitable top-tier firm - Mallesons Steph...

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“Opaque” Minter Ellison Billing Narrations Provoke Calls for Costing Change

22 October 2009

With a paradigm shift moving away from the billable unit in the offing, the following anonymous comments received from an anonymous Minter Ellison spy yesterday will no doubt add fuel to the fire: ... the vagaries of Minter Ellison billing narrations are probably a major part of what has provoked the corporate community to ask for wholesale changes to billing structures, such as fixed costs models. ... what on earth is "strategy advice"? Is it a "strategic" bathroom break in which a partner ponders how best to fudge his time sheet? These opaque narrations should be queried by corporate clients who should also demand a shift away from a model that allows partners to record seven-figure salaries with such ease... Do you have a favourite narration to get you out of a "low-billing" day...

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Abortive FREEBIES!! International Merger Between Freehills & Herbert Smith Set to Proceed

19 January 2012

Herbert Smith Freehills. Get used to that name folks, coz it's here to stay. Don't believe us? Take a wander to www.herbertsmithfreehills.com ... the domain name recently acquired by Keltie - a fir...

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Clayton Utz Announces Pay Freeze, Ducks for Cover

14 May 2009

Clayton Utz chief executive partner Stuart Clark commented in yesterday's Financial Review that his firm had "not made a final decision yet" about legal salaries. He then stole the microphone from ...

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Big4 Accounting Firm Parental Leave Policies & the Freehills (in)Significant Cost

13 May 2010

A couple of weeks ago, the AFR published an interesting article profiling parental leave policies amongst the Big4 accounting firms. In that article, the following was written: From July 1, KPMG w...

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Minter Ellison Babe Mayhem: “We Loiter at Their Elevator Each Morning”

12 July 2011

It has been good news this month at Australia's largest law firm by revenue, Minter Ellison, who posted partnership growth of 2.4% for FY2011. The firm now has 296 partners, up from 289 last year (...

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Manhunt Update: Swindling Ex-Minters CFO Arrested at Sydney Airport

4 October 2011

We just received word from an anonymous tipster that wanted fugitive Craig Raneberg has been arrested at Sydney Airport.  Here's the tip: Craig Raneberg (ex-CFO Minter Ellison Adelaide) was c...

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Can Touch This; Freehills’ Casual-Clothes Friday on Chopping Block

29 May 2009

Top-tier Tightwad Freehills, having already smothered office morale with a pay-freeze announced just three months after the firm declared that it could beat the GFC,  appears to have a new target ...

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Run of the Milliner; Mallesons/Clifford Chance Merger One Step Closer

23 October 2009

If you're still doubting the imminent prospect of a Mallesons/Clifford Chance global merger, take one look at the Run of the Milliner. Our favourite Chief Executive Partner, who a remarkable 58 of you think is a part-time warlock (see poll, to the right), featured in an article earlier today in The Australian about changes to lawyer remuneration in which the following was said: Mr Milliner said the speed at which Australian firms abandoned "lock-step" salaries for all employed lawyers with the same years of service would be strongly influenced by international practice. He said the use of lock-step salary setting had been declining at major British law firms before the global financial crisis and there was no reason why this trend should not continue once the global recovery bec...

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DLA Partner Allegedly Embroiled in Foxxxy Interracial Montana Fishburn Porno Scandal

16 August 2010

Earlier this year, we reported the news that DLA Phillips Fox was chasing a full-merger with its offshore affiliate DLA Piper. The AFR broke the story in August 2009 that DLA Phillips Fox was seeki...

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