This Month
Corrs’ handcuffs aren’t enough to stop the exits
Another well-liked partner has left the law firm, bringing the total number of departures to 10 since the CEO’s contract extension.
- Mark Di Stefano
Shorten quits; Blackstone’s $100b AirTrunk plan; Corrs’ latest exit
Read everything that’s happened in the news so far today.
Corrs partner heads to Ashurst in run of departures
Real estate partner Alexandra Peace, who was hired from Allens in 2019, is the tenth Corrs partner to leave in the past month.
- Maxim Shanahan
August
Corrs pays premium for new partners amid string of high-profile exits
It has also emerged that the firm’s board, made up of current partners and a former partner, investigated and dismissed allegations of bullying and inappropriate conduct made at the start of the year.
- Edmund Tadros
Mass exodus at Corrs after historic CEO pay package
The country’s most talked about law firm faces mass partner flight – the largest batch in the legal sector for years.
- Updated
- Mark Di Stefano
Top law firms locked in negotiations for lucrative panel
Corrs, HSF, KWM and MinterEllison are yet to be appointed to the federal government’s legal panel, more than a month after an initial announcement.
- Maxim Shanahan
July
Rebel Corrs group seeks move to King & Wood Mallesons
Five partners in Corrs’ employment practice are in discussions to shift to rival firms, after some in the group voted against a controversial contract extension.
- Maxim Shanahan
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.
- Maxim Shanahan
June
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.
- Maxim Shanahan
May
Bullying allegation at Corrs prompts regulator to get involved
SafeWork is “making inquiries” into a complaint at the law firm and has requested access to documents, but Corrs says the regulator has no plans to investigate further.
- Maxim Shanahan
Law graduates are about to crack a salary record
Top-tier graduates will earn more than $100,000 this year – in Sydney only – but law firms remain tight-lipped on pay rates despite moves towards transparency elsewhere.
- Maxim Shanahan
April
‘Destined for greatness’: Lehrmann judge tested his arm with former PM
All eyes will be on Justice Michael Lee – arguably the best-known judge in the land – when he hands down his judgment in the Bruce Lehrmann defamation case on Monday.
- Michael Pelly
Progress on free trade deal for foreign lawyers
Australia and the UK have taken the first steps toward a free trade agreement for lawyers that will relax strict rules around the admission of foreign lawyers.
- Michael Pelly
March
Employment lawyers dissent over Gavin Maclaren’s mega contract
There was internal dissent to Corrs CEO Gavin MacLaren’s mega-contract extension. Some came from within its own employment ranks.
- Mark Di Stefano
New Corrs HQ shows the power of Collins St
Corrs CEO Gavin MacLaren pays his lawyers like bankers. Now, the firm wants to work near them too.
- Mark Di Stefano
February
Why Corrs CEO Gavin MacLaren has a target on his back
Gavin MacLaren has become the best-known law firm leader in the land. And that’s not a good thing.
- Michael Pelly
How to get a job at a top-tier law firm
Mere legal ability is no longer enough to secure a prized top-tier clerkship. Firms are looking for excellence in all aspects of life. Here’s our guide.
- Maxim Shanahan
Corrs lags top law firms on gender pay gap
Firms with a higher proportion of women partners tended to have a smaller median pay gap among staff, new data from WGEA shows.
- Maxim Shanahan
Corrs tries to front-run the news
The law firm sent a detailed email to staff warning them over coming media coverage, particularly the departure of a star partner.
- Mark Di Stefano
Corrs partner jumps to Ashurst, where firm ‘walks the talk’ on gender
Corrs’ former head of gender equality Felicity Healy said Ashurst’s superior record on promoting women played a role in her decision to join the global firm.
- Maxim Shanahan