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An alleged hired hitman, ‘quiet vacationing’, and new silks: What’s hot in law this week (5–9 Aug)

This week, as the Reserve Bank held the cash rate at 4.35 per cent, we explored whether the attempted disruption of traditional BigLaw is “dying slowly” within the big four. Here is your weekly round-up of the biggest stories for Australia’s legal profession.

user iconLawyers Weekly • 10 August 2024 • Big Law
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For the week from 5 August to 9 August, these were the 10 most-read stories on Lawyers Weekly (in case you missed them):

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  1. RBA makes August 2024 cash rate call
After holding the cash rate at 4.35 per cent in the four meetings it has thus far held in 2024, the Reserve Bank of Australia has decided to hold the cash rate at 4.35 per cent.

  1. The hidden risks of ‘quiet vacationing’
As quiet vacationing becomes a prevalent trend in the Australian workplace, a Sydney-based barrister has outlined the legal ramifications for employees engaging in this practice and guided employers on how to address it.

  1. Court hears wild allegation law firm hired hitman
Absurd claims were made as part of a Victorian man’s vendetta against his legal representatives, including a wild suggestion his barrister’s former firm hired a hitman to shoot him at a train station.

  1. 25 new senior counsel named in Victoria
Chief Justice Anne Ferguson of the Supreme Court of Victoria has named 25 new silks in the Garden State.

  1. ‘You should be sorry’: Former PwC GC slammed for role in tax leaks
Amid shocking evidence PwC partners “weaponised” legal privilege to allegedly hide crucial documents from the Tax Office, its former general counsel was accused of shunning a “considerable problem”.

  1. WA lawyer cops reprimand for threatening, inaccurate letters
A West Australian lawyer was publicly reprimanded and handed a hefty fine for a number of offences, including sending a threatening letter to another legal practitioner and making inaccurate statements to the president of the state’s Children’s Court.

  1. Greenwashing case against Mercer results in $11.3m penalty
The first greenwashing case brought by the corporate regulator has ended with the Federal Court ordering Mercer Superannuation to pay a $11.3 million penalty following admission of false and misleading statements about certain superannuation investment options.

  1. ‘Law within the big 4 is dying slowly’ despite disruption to Australian market
Following the recent KPMG restructuring, the current economic climate could mean that, despite continued disruption to BigLaw, traditional top-tier law firms will continue to dominate the Australian market and force big four firms to “reassess their legal strategies” – or risk a slow death.

  1. Court told of ‘scandalous’ criminal claims about barrister, solicitor
A woman sentenced for fraud offences and her solicitor made a number of “scandalous” and baseless allegations of misconduct against an opposing party’s solicitor and barrister.

  1. Knowmore claims class action ‘pulling apart’ justice for abuse survivors
During an inquiry into the National Redress Scheme, community legal centre Knowmore said it is grappling with the fallout from the class action lodged against it, including fielding calls from concerned victims of childhood sexual abuse.

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