March
A Canadian estate sale bargain is about to deliver a 200 times return
A wood carving snapped up at an estate clearance for the price of lunch turns out to be something quite rare and valuable.
Rio’s Australian shareholders to vote on London listing question
The mining giant faces a push from activist investors to reassess its dual-listed structure and leave the London Stock Exchange like major rival BHP did.
January
Why a 1.4pc return is great news for the office market
Mirvac Wholesale Office Fund, which owns Quay Quarter Tower and the former AMP building, delivered positive returns for the final quarter of 2024.
December 2024
Bigwig lenders line up to bankroll Carlyle’s big waste services buy
Confidential documents seen by Street Talk show the Nasdaq-listed asset manager has secured a covenant-lite unitranche loan.
Explore: Law Partnership Survey results for second-half of 2024
The latest results show law firms continue to perform strongly, boosted by big-ticket deals, litigation assignments, and the steady flow of fees from insolvencies and disputes.
It was a boom year for law firms. But signs of a slowdown have emerged
Law firms held their gains in the second half of 2024, but some leaders are wary of rising pressures on price and profit margins.
November 2024
SingPost schedules board meeting to anoint FMH winner; eyes on PEP
Sydney private equity firm Pacific Equity Partners is believed to be in pole position; however, the team has not yet secured exclusivity, according to sources with knowledge of the sale.
October 2024
Why the $5m lawyer is no longer a rarity at top Aussie firms
Top law firms are forking out more than $5 million a year to poach or protect big-billing market leaders from rivals, amid intense industry competition.
Why investors should care about ‘clunky’ merger rules
While hostile M&A deals are rare, they help keep boards on their toes. Investors should care about proposed merger reforms.
Super Retail asks for Harmers to be ousted from termination suit
Harmers Workplace Lawyers is estimated to be charging $1 million for advice to its two female clients suing the retailer over unfair dismissal.
BofA has snagged a big-name bidder for SingPost’s Aus assets
The portfolio, which is referred to as FMH Group, is expected to be worth as much as $1 billion, sources said.
‘Uniquely broad’ sanctions regime too harsh on business: Allens
Major corporate law firm Allens says the extraterritorial application of local sanctions does little to advance Australia’s foreign policy objectives.
September 2024
KWM changes partner pay to reward the biggest billers
KWM’s top-performing partners will be able to take home a greater share of the firm’s profits, after “moderate” changes to remuneration structure were approved by partners.
July 2024
It turns out Quadrant isn’t quite done with employment group APM
The private equity giant will take a stake alongside Madison Dearborn Capital Partners, if the Chicago-based buyout group acquires the ASX-listed company.
Ex-Allens lawyer sets up Australia’s first prison newspaper
The first edition of About Time was delivered to correctional facilities in NSW, Victoria, Tasmania and the ACT this month.
Rapid growth puts pressure on law partnership structures
Almost two-thirds of new legal partners are now on a part-salary arrangement as rapid growth puts pressure on equity allocations.
ASX rallies 1pc; Pressure builds on Biden; Get-rich tricks
Read everything that’s happened in the news so far today.
More law firms hit gender targets as partnership gap narrows
A record number of law firms now have more than 40 per cent female partnerships, but part-owner gender ratios contrast sharply with the engine room.
June 2024
Top 50 law firms add a record 806 new senior associates
Law firms have promoted a record number of senior associates, as demand for work remains high and staff turnover is slowing.
Energy transition lights a rocket under law firms
Law firms are streaking ahead of the broader economy, adding partners as deals return and the energy transition offers decades of lucrative work.