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All eyes on lawyers’ 27.5% cut as court prepares to weigh first GCO class action settlement
When the Supreme Court of Victoria considers for the first time a settlement reached in a class action run on a contingency fee basis, it will grapple with some novel questions, including whether to trim the 27.5 per cent group costs order granted to Slater & Gordon at the outset of the case, legal experts say.
Credibility of Lehrmann, Higgins central to judge’s looming ruling in defamation case
Did Bruce Lehrmann rape colleague Brittany Higgins in Parliament House in 2019? That is the primary question in the case to be decided by the Federal Court early next month, and the credibility of the two principal protagonists is central to answering that question.
Don’t leave AI to junior lawyers, experts warn law firms
Mainstream adoption of artificial intelligence in the legal community is right around the corner, and experts have urged law firm partners to take control and rise to the challenge rather than letting junior lawyers determine when and how the technology is utilised.
‘A war on two fronts’: No relief in sight for companies battling multiple privacy class actions
More companies may find themselves in the position of Medibank -- which recently failed to stay representative proceedings before the privacy regulator while a related class action is on foot -- so long as the laws remain unchanged, and law firms are willing to gamble on privacy class actions.
Justice Lasry’s resignation a ‘sad cautionary tale’ of dangers of judicial complaint process, experts say
The DPP's complaint to Victoria's judicial watchdog that prompted the shock resignation of Supreme Court Justice Lex Lasry was an abuse of process, experts say, and the judge's decision to step down was a "deeply saddening end to a stellar judicial career". But the Office of Public Prosecutions has strongly rejected the claim.
ACCC faced ‘formidable obstacle’ in fight against ANZ, Suncorp merger
The ACCC’s rejection of a $4.9 billion merger between ANZ and Suncorp was hardly surprising given the concentrated nature of the home loans market, but the competition regulator faced an uphill battle in having the decision upheld, an expert says.
Shareholder class action collapses may up litigation risk, dampen plaintiffs’ appetite
The recent dismissal of two shareholder class actions after hard-fought trials is expected to lead to a recalibration of litigation risk and may discourage plaintiff firms and funders from pursuing what might once have been considered slam dunk cases, experts say.
AI copyright claims could have edge in Australia, experts say
Australian IP lawyers are closely watching The New York Times' copyright lawsuit seeking billions in damages from OpenAI and Microsoft, but it remains to be seen whether Australia will become a favoured jurisdiction for similar suits or be left playing catch up, experts say.
Employers, workers to come to blows over WFH this year
Expect more legal battles this year over the right to work from home, with employees continuing to demand flexibility but businesses starting to push back, according to legal experts.
Contingency fees offer class action members ‘vastly superior outcome’ to commissions: report
The contingency fee regime in Victoria promises class action members "vastly superior" recoveries when compared with class actions financed by commission-paid funders, a new report shows.