Legal Affairs

  • Privacy reforms may spur more class actions

    Lawyers are divided over whether reforms to privacy law, including mandatory reporting of data breaches and loss of exemption from the law for small businesses, will lead to a surge in litigation and class action lawsuits based on a new statutory cause of action.

  • Takeovers in China just got a lot trickier

    With the world's eyes on the Beijing Olympics this week and many Chinese-based lawyers enjoying the spectacle, their more studious colleagues are busy preparing advice on China's new anti-monopoly law, which came into effect earlier this month.

  • Firm values make top partner

    Being a successful managing partner of a large law firm is all about effective communication, teamwork, consistency and a clear view of firm strategy, which puts internal candidates for the role at a distinct advantage, according to the heads of major firms.

  • Timely reform for litigation

    Federal Attorney-General Robert McClelland recently made an important speech outlining the government's desire to reform Australia's litigation system, particularly in the areas of public cost and the cost to litigants.

  • Study finds in favour of claim selling

    Access to justice would be improved and litigation costs reduced if plaintiffs could sell entire personal injury claims to litigation brokers to be prosecuted in court, an academic study has found.

  • Da Fink finds fine film helps define costs

    Some may be forgiven for thinking a costs hearing in the Federal Court of Australia is not an occasion to sit and ponder the deep meaning of the universe

  • Canberra should treat credit like other financial products

    Australia is poised to pass control of all consumer credit to the commonwealth following the recent decision of the Council of Australian Governments

RTC model

The US appears to be putting its houses - Fannie and Freddie - in order, writes Glenn Mumford.