Finance

Top-up time: Don’t get caught short with your professional indemnity insurance
With the end of the financial year on the horizon, law firms around Australia will be turning their attention to...
09 May 2025
By Will Laundy
Resourcefulness key when faced with flat or reduced budgets (particularly in uncertain times)
With more in-house legal teams being forced to budget for uncertain times, being strategic about how resources are...
06 May 2025
By Jerome Doraisamy
NAB extends lenders mortgage insurance waiver to lawyers
The National Australia Bank (NAB) has moved to waive the cost of lenders mortgage insurance (LMI) for more...
05 March 2025
By Annie Kane and Jerome Doraisamy
The potential and pitfalls of CBDCs
As Australia considers the possibility of introducing central bank digital currencies, a partner at a national law firm...
28 February 2025
By Grace Robbie
AML Edge launches to help lawyers prepare for looming AML/CTF reforms
Lawyers Weekly’s sister company, Captivate Q, has unveiled a must-attend event for all practitioners preparing to...
10 February 2025
By Momentum Media
‘Natural to expect’ firm costs will reflect AI-inspired efficiency
Not only should the increasing use of artificial intelligence by external providers have a flow-on effect on charge-out...
21 January 2025
By Jerome Doraisamy
Legal team budgets are (finally) on the rise
After years of being told to do more with less, can law departments finally see the light at the end of the financial...
08 October 2024
By Jerome Doraisamy
GenAI helping law departments cut costs, research says
New findings highlight the “transformative impact” that generative AI has on the spending habits of in-house legal...
08 October 2024
By Jerome Doraisamy
The 3 pressures contributing to the surge in personal insolvency
There are critical financial pressures responsible for the recent increase in personal insolvencies, a specialist...
05 September 2024
By Grace Robbie
Implementing ‘scalable, repeatable and predictable’ business models
While legal tech and innovation can bring wide-reaching value to firms, this pair said that practitioners should avoid...
04 September 2024
By Lauren Croft
Adapting your firm during periods of low client retention and cash flow
In times of low client retention and cash flow, law firms must adopt innovative and cost-effective strategies to boost...
22 July 2024
By Amanda Little
Aussie SMEs struggling, data reveals
The performance of SME firms across the country has been calculated at -2.0 in comparison to GDP for May 2024,...
18 July 2024
By Imogen Wilson
Firms that simply increase charge-out rates are selfish, fat, and lazy
Increasing prices is certainly one lever that can be used to help balance firm budgets, but I’d argue that law firms...
16 July 2024
By Travis Schultz
When it comes to insurance, cheaper doesn’t mean better
While better deals on top-up professional indemnity (PI) insurance will be welcome news for local law firms, it’s...
27 June 2024
By Will Laundy
Shine Lawyers hires litigation finance manager
National plaintiff firm Shine Lawyers has appointed a new litigation finance manager, who has had a “decorated...
27 June 2024
By Jerome Doraisamy
How the cost-of-living crisis is keeping victims of financial abuse from leaving
Australia’s cost-of-living crisis has reached critical levels, placing growing pressure on individuals and families...
12 June 2024
By Michael Tiyce
HSF appoints new managing partner for finance in Australia, Asia
Global law firm Herbert Smith Freehills has named a new managing partner in Australia and Asia for its finance...
07 May 2024
By Jerome Doraisamy
Is poverty a real threat for law students?
The proportion of students enrolled in higher education has been consistently on the rise for years. With this influx,...
29 April 2024
By Jack Campbell
Accountability is here: What you need to know about gender pay gap reporting
Today (27 February) is the launch of the Workplace Gender Equality Agency’s (WGEA) gender pay gap reporting. Here, we...
27 February 2024
By Jack Campbell
Will the release of gender pay gap data impact legal recruitment activity?
Ahead of the publication of the gender pay gaps of Australian employers with more than 100 workers later this week,...
26 February 2024
By Jerome Doraisamy