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Tresscox Lawyers Archive

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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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MAJOR KPMG Update: “A Galaxy of Multi-Coloured Uppers, Downers, Screamers & Laughers”

29 June 2011

It has been over three months since we've written about KPMG. Three long months, with nothing. In that time, there have been miracles, delusions, disappearances and detentions. But before we delve ...

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UPDATE #2: Where Are They Now? TV Lawyer Hopefuls Get Back To Reality

22 August 2011

[UPDATE 8:00pm Tuesday 23/8 - ED: following on from some of the comments, we decided to update this article and make it a feature. We did a bit more digging on a certain lawyer of Big Brother fame ...

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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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Family Farce; Spotlighting Corrs’ Parental & Flexible Work Policies

19 February 2011

One of the ways that firms on the threshold of "top-tier" status try to lure good quality laterals and graduates is through a point of difference. Be it pay, working hours, work benefits  or a mix...

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PwC’s Mark Johnson Picks Up The Panic Phone

29 March 2010

Sometimes we wonder whether corporate firms have an panic-phone with a direct line to BRW. Take the interview with PwC Chief Executive Mark Johnson in the current edition as an example. Johnson, whose worldliness and refinement stems from having: spent his entire working life at PwC... expresses in the interview his dismay at the harsh treatment PwC received in the media last year: On a crisp autumn morning in 2009, PwC's newly appointed chief executive partner Mark Johnson sat in breezy forecourt in Sydney's Darling Harbour, fuming over what he saw as the careless disregard of the business press in reporting gloom day after day; over perceptions about job losses and corporate collapses turned into reality; over the impact of armchair theories on capital works and investment and t...

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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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Rumour; PwC Managers Paid $17k Less in 2010 Than in 2008 as Morale Bottoms Out

13 July 2010

In an article aptly entitled Accountants feel duped on pay rises, the AFR (25/6) walked readers through the poor salary sentiment pervanding Big4 accounting firms: A survey has found that 35 per c...

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Clayton Utz Bans Graduates/Seasonal Clerks From Using Term “Mate”

19 October 2010

It has unbelievably been months since we have published anything substantial on embattled national law firm Clayton Utz. So it was with arms wide open (like embracing a forgotten mate) that we welc...

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Drip Drip Drip; Claims Blake Dawson Lawyers Are Trickling Out the Door

16 July 2009

Blake Dawson boldly claims on its website: We recognise the importance of attracting, developing and retaining the best people in order to provide you with an excellent service. We have been ackno...

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