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With AI, large firms rake in 80% more revenue than small firms: report
Business of Law 2024-04-04 2:45 pm By Cindy Cameronne

Law firms of all sizes are facing a positive outlook as client demand remains high, but larger firms are outpacing their smaller counterparts in the […]

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‘Completely at sea’: Banks push for class closure in flex commissions cases
Class Actions 2023-06-02 10:33 pm By Sam Matthews

Westpac, Macquarie and ANZ are seeking class closure orders ahead of mediation in three class actions over flexible commissions schemes, telling a court hearing they […]

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Firm’s contingency fee re-do wins over judge in class actions against banks
Class Actions 2023-03-03 5:50 pm By Cindy Cameronne

A law firm has won its second bid for a group costs order in three class actions against banks over flexible commission schemes after a […]

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Law firm shaves 0.5% off payout in second go at class action contingency fee
Class Actions 2023-02-23 5:11 pm By Cindy Cameronne

Maurice Blackburn has had a second crack at a group costs order in three class actions against banks over alleged flexible commission schemes after a […]

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Macquarie advisers stripped of $330,000 win as 5-year-old case sent back
Financial Services 2023-02-17 4:56 pm By Sam Matthews

Dozens of Macquarie advisers who previously won a $330,000 payday against the bank have been ordered back to court for a rehearing of their long-running […]

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Macquarie not to blame for $2.9M theft by adviser, court told
Financial Services 2022-06-23 9:02 pm By Sam Matthews

Macquarie Bank has denied liability for a financial adviser’s theft of $2.9 million in customer funds, which the Australian Securities and Investments Commission alleged was […]

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Nuix says ex-CEO’s claim off by $140M, but Macquarie director must front court to explain
Securities 2022-06-06 4:20 pm By Cindy Cameronne

A former Nuix director appointed by Macquarie Bank must give evidence in person as the embattled tech company argues a claim brought by its former […]

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Claims against Macquarie Leasing dropped in ANZ flex commissions class action
Class Actions 2022-06-06 12:26 pm By Sam Matthews

Macquarie Leasing has been let off the hook in a class action alleging that a flex commissions scheme by ANZ’s former car finance business encouraged […]

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Macquarie plays blame game with car dealers in flex commissions class action
Class Actions 2022-04-21 5:33 pm By Sam Matthews

Macquarie Leasing has hit back at a class action over alleged unfair flex commission arrangements with car dealers, saying dealers were not required to propose […]

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ASIC takes Macquarie to court after adviser’s $2.9M theft
Financial Services 2022-04-05 1:57 pm By Cat Fredenburgh

The corporate regulator has filed court proceedings against Macquarie Bank alleging it failed to monitor third-party withdrawals, leading to a financial adviser’s theft of $2.9 […]

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