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As the no win, no fee model comes out on top in another high profile class action beauty contest, legal experts say third-party litigation funders will need to evolve and "fight back" to stay competitive.
The publisher of the Australian Financial Review has settled a defamation lawsuit by iSignthis CEO John Karantzis over an article by Rear Window columnist Joe Aston that allegedly falsely linked him to a money laundering scheme.
Global legal giant Dentons has snagged a Herbert Smith Freehills competition partner with almost 30 years experience at the big six firm for its Sydney office.
DLA Piper has snagged a leading technology partner from rival MinterEllison to join its intellectual property and technology practice.
Piper Alderman has settled a dispute with a former partner who claimed the law firm discriminated against her when she was ousted from the partnership.
The ACCC has approved accounting software provider MYOB's acquisition of cloud practice management software provider GreatSoft, reversing its earlier position that the deal could harm competition because the South Africa-based company had the potential to become a strong competitor to MYOB as more accounting firms migrate to the cloud.
Gadens has recruited three new partners to join the growing firm, including a tax litigation specialist who previously represented the Commissioner of Taxation in high-profile litigation against Crown Resorts.
News publishers facing a defamation suit by Ben Roberts-Smith have called on the war veteran to explain alleged "deliberate concealment" of documents relevant to the case, as the Australian Federal Police reveals they are investigating claims he buried evidence.
Supermarket giant Woolworths can recoup losses from a 2014 train derailment in South Australia despite a contractual clause excluding force majeure events, the NSW Supreme Court has found.
Victoria's solicitor-general, who led the state government in its successful defence of two legal challenges to its COVID-19 restrictions last year, has been appointed to the Court of Appeal.