Greater public scrutiny and the need for increased compliance regulation as a result of the recent banking royal commission have shaped the role of the company secretary going forward.
In-house lawyers are increasingly playing a more assertive role in the traditional process of selection and briefing of barristers by law firms, according to the NSW Bar Association.
The federal government has expanded the remit of the House of Representatives standing committee on economics in order to probe the broader financial services industry on its implementation of the banking royal commission’s recommendations.
The Australian Competition and Consumer Commission (ACCC) has unveiled its final report into digital platforms, outlining 23 recommendations that are set to have a major impact on Australian companies if implemented.
Remuneration, salary bonuses and incentives are key to retaining staff as competition for mid-level lawyers becomes fiercer than ever, according to the Mahlab Report 2019.
Renewed calls for Queensland to change its compulsory third party scheme to stamp out claim farming across the state are “nothing but a shameless attempt to boost insurer profits”, according to a Brisbane-based law firm director.
Almost half of the legal industry reported Australia’s cyber security laws are insufficient and 72 per cent are concerned current regulations are open to privacy breaches.
The Law Council of Australia (LCA) has expressed serious concerns over current laws that allow terror suspects to be stripped of Australian citizenships.
Private practice firms have embraced change and growth this year, from profitability and technology change to adapting to multidisciplinary and collaborative law models.
An Australian first guide has been released specifically to aid Victorian judicial officers in identifying the needs and interests of victims of crimes.