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Lawyer Salaries Archive

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Confirmed: DLA Phillips Fox Pay Freeze & Second-Wave Redundancies

21 May 2009

Always quick to act when partner profits are jeopardised, having been among the very first firms to sack workers at the outset of the GFC, DLA Phillips Fox is apparently at it again. We received...

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The Half Million Dollar Deloitte Gold Coast Partnership Summit

3 November 2009

Thanks to the anonymous Deloitte spy who offered us the following comments yesterday: What I find interesting in all this is that in the midst of a global financial crisis that requires huge cost cutting measures, the partner group, approx 450, all went to the Gold Coast for the annual conference. The partners in our group couldnt help run around like school children to see who was staying at which hotel. Names such Versace were used. We looked up the cost and you are looking at around $1,000 per night per person. Given that they probably got a bulk discount, lets reduce this to $600 - 2 nights x 450 = $540,000. So whats that again I hear about a global financial crisis?? More like a global gain at Deloitte at the expense of their employees. I am not sure how they get to be an employer...

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Ernst & Young & the Restless Staff Query ‘Departures’ amid New Redundancy Rumours

10 June 2009

In a huge week for Big 4 accounting screwups gossip, the Firm Spy can today reveal new rumours of discreet sackings, but this time at Ernst & Young. This from an Ernst & Young spy today:...

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Minter Ellison Coffee Cup Discretionary Spend Sparks Talk of a Thawing Pay Freeze

7 October 2009

Following from last week's post profiling the vomit-inducing whopping pay packets received last financial year by Minter Ellison partners (after apparently sacking a mother of five, no less), we re...

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Cardiac Arrest? Firm Spy Receives Unconfirmed Rumour of Pay Cut Plan at DLA

8 July 2009

Embattled major national firm DLA Phillips Fox appears to be at it again. We received the following email from an anonymous DLAPF spy last night: Not only have DLA Phillips Fox had two rounds of r...

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Operation Bangkok: Minter Ellison Searches For Missing CFO Craig Raneberg

19 September 2011

The search continues for Minter Ellison's former CFO Craig Raneberg. Alleged to have misappropriated hundreds of thousands of dollars from the firm's equity partner accounts, Mr Raneberg reportedly...

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Baking Bread; No Pay Freezes in Sight at Baker & McKenzie

22 April 2009

Whereas top-ties firms Freehills, Allens Arthur Robinson and Minter Ellison have each now enforced a firm-wide pay freeze, it has emerged today that international heavyweight Baker & McKenzie i...

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Mallesons Moves to Fixed-Fee Arrangements with Major Client Telstra

25 March 2010

There has been much talk in recent times about how, as a consequence of the GFC, law firms will be required to change the way they operate to adapt to the needs of clients. Clients, it is said, are sick of incurring extravagant legal costs when, for a fraction of the price, they can employ their own legal teams for a great deal of the day-to-day work they require. The in-house lawyers, for their own part, tend to be remunerated much more favourably than their junior private brethren, while the clients themselves drastically reduce legal bills. By way of adaption, clients have been calling on firms to consider alternative fee arrangements, including fixed-fee arrangements, as we emerge from the GFC. In this regard, mid-tier firm Gilbert + Tobin has been cavalier. Danny Boy Gilbert ...

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Making a Meal Out of Centro? Mallesons Fails To Discover Crucial PwC Audit Info

12 August 2011

It would have been interesting to see what Justice Murphy, the newest addition to the Federal Court bench, would have had to say about the apparently farcical scenes that played out in the Centro c...

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“Emotional Interaction”; Freehills’ Mark Rigotti Introduces Psycho Empty Chair Technique

12 February 2011

Our English-based pals at Roll on Friday delivered an excellent scoop a few days ago regarding the implementation of a new initiative at Freehills: Freehills has taken mad management group-think t...

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