LAWYERS – FEES – AUSTRALIA

Crossbench test for class action reform

roymorgansocial Leave a comment

Original article by Adeshola Ore
The Australian – Page: 7 : 19-Oct-21

The federal government is expected to shortly introduce a bill to cap the proportion of class action payouts received by lawyers and litigation funders at 30 per cent. Shadow financial services minister Stephen Jones says Labor has yet to decide its position on the proposed fee cap. The government will require the support of at least three Senate crossbenchers if Labor and the Greens oppose the bill. One Nation leader Pauline Hanson supports the proposed reforms, but independent senator Rex Patrick contends that the bill should be subject to a Senate inquiry.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, ONE NATION PARTY

Contingency fees allow more billing alternatives, firms say

roymorgansocial Leave a comment

Original article by Marianna Papadakis
The Australian Financial Review – Page: 35 : 5-Feb-16

Some Australian law firms are introducing alternative billing options due to pressure from clients, although most firms still use billable hours. The bi-annual law partnership survey of "The Australian Financial Review" indicates that firms such as Gadens, Clayton Utz, Gilbert + Tobin and Baker & McKenzie have billable targets of between six and seven hours a day. Johnson Winter & Slattery does not have billable hours targets because of the risk of compromising the quality of legal work.

CORPORATES
JOHNSON WINTER AND SLATTERY, GADENS LAWYERS, CLAYTON UTZ, GILBERT AND TOBIN LAWYERS, CORRS CHAMBERS WESTGARTH, BAKER AND McKENZIE, QUINN EMANUEL URQUHART AND SULLIVAN LP, HWL EBSWORTH PTY LTD, PIPER ALDERMAN