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Henry Davis York 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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Tiny Necromancer; Mallesons Staff Decry Rumoured Frugal Offer

31 July 2009

We reported yesterday the revelation that Mallesons has been forced, by dint of the GFC, to shed 5% of staff. Mallesons Chief Executive Clairvoyant Partner Robert Milliner, dismissed the heartwarmi...

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ANALYSIS: Herbert Smith Freehills Merger To Overcome “Panic” & “Loss-Making” Operations

27 January 2012

Since our recent article profiling the looming merger between Freehills and Silver Circle firm Herbert Smith, more details have come to light. We spent some time re-reading emails in our inbox and ...

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Economic Dawn of the Dead; Sun Sets on AAR Pay Rises

30 October 2009

In an excellent article in today's Australian profiling the likely exodus from law firms in the new year - owing to long hours for low, frozen pay while fat cat partners laugh all the way to the bank - the following is written: Susan Ferrier, director of people and development at Allens Arthur Robinson -- which has a pay freeze -- said the firm wanted to avoid quickly changing policies on recruitment in case the latest signs of improvement were a "false economic dawn".  "Post-Christmas I think many professional services organisations will have a clearer picture of where things are going in the economy," she said. The Firm Spy has profiled, and commented upon, a wide array of wanker corporate idioms, but "false economic dawn" is a new one and a particularly offensive way, we think, of...

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SHOUT! FS Has Fears For The Tiers & Here, We Let It All Out

14 October 2011

Jeering The Tiering The chalk board on the cobblestone footpath reads “Happy Hour 8pm - 10pm, Cocktails $13” and hoards of partygoers have clearly indulged in tonight’s special, clinkin...

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Big4 Redundancies: “Dozens” To Be Sacked In Ernst & Young Productivity Downturn

23 January 2012

Australia's 3rd largest accounting firm by revenue, Ernst & Young, has become the latest professional services firm to officially announce job losses on the back of a productivity downgrade and...

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Bakers Juniors Lament Pay/Conditions as Rumours of ‘Secret Packages’ Emerge

9 September 2010

Things may be coming to a head in Baker & McKenzie's Melbourne office.  First, back in the pre-GFC glory days, the firm snapped up a lease on some fancy new offices while apparently still payi...

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How Much Do Clayton Utz Partners Earn? AFR Law Firm Profit Survey

22 September 2009

Thanks to the AFR for the following profile: Partner Remuneration System Lock-step model. Partner Pay 2008/09 The best equity partners pulled in between $1,400,000.00 and $1,600,000.00, with ...

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BREAKING NEWS: Mallesons-K&W Merger Gets Go-Ahead

3 October 2011

Back in July we posted a rumour that Mallesons was said to be in merger talks with mainland Chinese firm King & Wood  Over the weekend we received a tip suggesting that the merger has now been...

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Mallesons Chief Expects ‘Record Revenue’, Yet Wont Rule Out Merger or Redundancies

27 April 2009

In a bizarre move, Mallesons Chief Executive Partner Robert Milliner has today given the most candid account yet of the financial state of his firm. And it beggars belief! Whereas the spectrum o...

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