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Herbert Smith Archive

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“Defecating Butterfly”; Stakeholders Celebrate PwC Rebranding

21 October 2010

For those who missed the full-page spread in yesterday's AFR, behold the new face of PriceWaterhouseCoopers: Thankfully, the firm hasn't inadvertantly chosen a new brand that also happens to...

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The Deloitte Vow of Poverty; Giam Sweigers’ Daily “Prayer Time” Phone Calls

2 July 2010

A few weeks ago, you'll recall the sermon we delivered in respect of Deloitte Chief Giam Sweigers' "favourite management mottos". We  read Giam's commandments mottos, immediately took the Lord's n...

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Linklaters Targets Australia, Meeting AAR & Freehills For Merger Talks

6 December 2011

Many of our readers will have seen the interesting news story in Friday's AFR Hearsay that a "trimmer" Freehills is in shape for a merger. The story came a few weeks after our speculation that Free...

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UPDATE; Tenth Partner Allegedly Defects in DLA Phillips Fox Premerger Evacuation

17 March 2011

[ED we received the following anonymous update to yesterday's post (re-posted below) on the mass defection of DLAPH Brisbane partners pre-merger: More chaos at DLAPF with another partner resigning...

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How Much Do DLA Piper Partners Earn? AFR Law Firm Profit Survey

21 September 2009

Thanks to the AFR for the following profile: Partner Remuneration System Performance-based system partnership. Partner Pay For 2008/09 The lowest level equity partners pull in $400,000.00, wh...

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Macquarie Advisor Expected that Corporate Clients Would Follow Him to UBS

17 March 2009

Two Maquarie Group advisers have been the subject of a successful injunction application by their former employer to interdict the flow of confidential corporate information to their new employer U...

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Rumour of Possible Mallesons Pay Freeze

19 May 2009

The Firm Spy has received a report suggesting that 'perennial' heavyweight Mallesons Stephen Jaques is considering a pay freeze by stealth. We received the following anonymous tip this evening: ...

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Freehills Boss Backs Former Lawyer to Replace Peter Costello at Next Election

17 September 2009

A battle of commercial lawyer heavyweights is set to play out tonight over preselection for the coveted "blue ribbon" Liberal seat of Higgins. The seat is presently represented by former treasurer ...

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Food Fight at Tress Cox: Fat Trimming Trims Lawyers But Fails to Slim Melbourne Partners’ Waistlines

13 October 2011

An anonymous spy sends word of trouble at Tress Cox.  Sounds like the full gamut of fairly typical issues for semi-integrated national firms: partnership squabbles, uninspiring leadership, brain d...

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Magic Circle Firm Allen & Overy Stablises Entry, Lavishes $4.5million on New Digs

5 April 2011

When A&O emerged in Australia in early 2010, most senior law firm figures and CEPs publicly offered words of encouragement (a notable exception being Clayton Utz), in essence stating that they ...

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