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Gadens shows rival firms up with 15% pay hike for all lawyers
Business of Law 2021-11-08 2:00 pm By Cat Fredenburgh

Gadens has joined the salary hike frenzy spreading across the Australian legal market, announcing it will increase pay for all lawyers by 15 per cent.

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ACCC let JPMorgan lawyers review witness statement in cartel probe, court told
Competition & Consumer Protection 2021-11-04 10:42 pm By Christine Caulfield

Lawyers for JPMorgan went to the ACCC’s office to review a draft statement of the investment bank’s then managing director Jeffrey Herbert-Smith, an immunity witness for the competition regulator in its troubled criminal cartel case over an ANZ share placement, a court has heard.

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Judge slams indictment in cartel case as ‘complete shemozzle’
Competition & Consumer Protection 2021-11-03 3:41 pm By Miklos Bolza

A judge has declined to quash the indictment in a high-profile criminal case over a $2.5 billion ANZ share placement but sent prosecutors back to the drawing board to remedy its defects, calling the state of affairs “a complete shemozzle”.

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JPMorgan GC sat in on ACCC interviews despite involvement in alleged cartel, court hears
Competition & Consumer Protection 2021-11-03 9:23 pm By Miklos Bolza

JPMorgan’s general counsel for Australia and New Zealand was allowed to sit in on witness interviews during an ACCC cartel investigation into ANZ’s $2.5 billion share placement despite allegedly being involved in the cartel conduct, a judge has heard.

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IVF provider Virtus’ confidentiality claims ‘border on ridiculous’, judge says
Competition & Consumer Protection 2021-11-03 9:02 pm By Cindy Cameronne

A judge has rejected part of IVF provider Virtus Health’s bid for redactions in a recent decision from the court temporarily blocking the company from purchasing rival Adora Fertility, saying some of the confidentiality claims were “staggering” and “border on ridiculous.”

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BlueScope meeting made distributor ‘extremely uncomfortable’, ACCC tells court
Competition & Consumer Protection 2021-11-01 5:58 pm By Cindy Cameronne

BlueScope general manager Jason Ellis made executives of a steel distributor “extremely uncomfortable” in a meeting where he presented the steel giant’s price list, a court hearing the ACCC’s price-fixing case was told Monday.

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Thomson Geer to give all staff 10% pay rise
Business of Law 2021-11-01 1:21 pm By Miklos Bolza

Thomson Geer is giving all staff a 10 per cent pay bump, less than a week after Big Six law firm Gilbert + Tobin announced similar measures amid tight competition for talent in the legal market.

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Gilbert + Tobin to give all lawyers 10% pay rise as competition for talent heats up
Business of Law 2021-10-28 4:33 pm By Cindy Cameronne

Big Six law firm Gilbert + Tobin has announced it will give all legal staff who have been with the business since July a ten per cent pay rise and increase parental leave to 26 weeks to lure talent in a competitive market.

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Despite universal panning by lawyers, government takes class action bill to parliament
Policy and Regulation 2021-10-27 9:03 pm By Miklos Bolza

Legislation capping litigation funder returns in class actions to 30 per cent and requiring group members to sign up to funding schemes has been introduced to federal parliament despite widespread criticism.

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BlueScope general manager ‘not an honest witness’, ACCC tells court
Trials 2021-10-26 9:03 pm By Cindy Cameronne

BlueScope Steel general manager Jason Ellis was not an honest witness and did not express genuine regret when he apologised for obstructing an ACCC investigation, a court hearing the regulator’s price-fixing case was told Tuesday.

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