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Partners will come last as COVID-19 shrinks law firm profits
Business of Law 2020-04-07 4:17 pm By Alison Eveleigh

While law firms turn to cost-cutting measures to manage shrinking revenues and uncertain cash flow during the coronavirus pandemic, including reducing staff pay and hours, […]

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Norton Rose Fulbright to cut staff hours, pay by up to 20% in work ‘flex’ arrangement
Business of Law 2020-04-07 11:38 am By Christine Caulfield

Bracing for a slowdown in work as a result of the coronavirus pandemic and calling on its staff to “face this situation together”, Norton Rose […]

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Coronavirus drags the legal profession into the 21st century
Business of Law 2020-04-06 8:16 pm By Miklos Bolza

The coronavirus has forged changes in the legal profession that will outlast the pandemic itself, leading to greater flexibility and efficiencies in an industry steeped […]

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Hicksons says female partner denied promotion due to poor performance
Employment 2020-04-06 3:00 pm By Miklos Bolza

Hicksons Lawyers has denied accusations of sexual discrimination by a female ex-partner who was denied a promotion to equity partner, saying she was passed over […]

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Innovation in the time of COVID-19: How the legal industry is helping clients in a global pandemic
Business of Law 2020-04-03 5:42 pm By Miklos Bolza

As law firms and funders scramble to keep up with COVID-19’s impact on the legal landscape, some have gone above and beyond in creating new […]

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Top-tier firms say slashing salaries not on the cards yet
Business of Law 2020-04-02 10:45 pm By Cat Fredenburgh

With the legal industry looking for ways to “share the pain” among staff amid a potential slowdown in work due to the coronavirus, several top-tier […]

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Yoga and cocktails: How law firms are helping staff cope during the COVID-19 crisis
Business of Law 2020-04-02 2:57 pm By Miklos Bolza

With a large number of lawyers now working from home amid the coronavirus crisis, law firms are getting creative, turning to virtual yoga, cocktail deliveries […]

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MinterEllison partners take half pay, staff asked to buy leave
Business of Law 2020-04-02 1:11 pm By Christine Caulfield

Equity partners at MinterEllison have agreed to cut their draws by 50 per cent and permanent staff have been asked to purchase six weeks’ leave […]

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Layoffs will be last resort as law firms weather COVID-19 crisis
Business of Law 2020-04-01 7:21 pm By Alison Eveleigh

Redundancies will be a last resort for law firms dealing with a diminishing work pipeline during the COVID-19 pandemic, as they try to avoid the […]

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UK litigation funder secures $162M war chest for Aussie class actions
Business of Law 2020-03-31 3:49 pm By Miklos Bolza

London-based litigation funder Balance Legal Capital has raised $162 million from institutional investors to pursue lawsuits in Australia and worldwide, including class actions. Balance Legal […]

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