National Safety July 2008 features an excerpt from Deacons partner, Michael Tooma's book Safety, Security, Health and Environment Law. Michael's article addresses the new challenges occupational security poses for those with corporate governance, and suggests applying the methodology and processes of safety and environmental management.
The shift to calculating superannuation based on ordinary time earnings means companies need to examine every type of payment they make and determine if it should be counted in their new calculations, reports the Australian Financial Review, 3 July 2008.
An Australian emissions trading scheme might still be a few years away, but for law firms emissions compliance work is already underway; new greenhouse gas reporting requirements come into effect next month, reports Australasian Legal Business, 30 June 2008.
Legislation comes into effect tomorrow that will require Australia’s largest companies to keep records on greenhouse gas emissions, reports Environmental Management News, 30 June 2008.
Reporting obligations under the Anti-Money Laundering (AML) and Counter Terrorism Financing (CTF) Act will soon change the legal landscape, reports Lawyers Weekly 27 June 2008.
Of the 10 firms that have more than 100 partners, only Deacons grew its 2008 partnership by more than 5 per cent in the six months to July, according to the Australian Financial Review's legal partnership survey, on 27 June 2008.
While partner numbers at some of the biggest firms hit a ceiling in the past six months, a few practices found additional head room offshore, reports the Australian Financial Review, 27 June 2008.
Most of the biggest firms replenished their stock of partners, but didn't add significantly to the total numbers in the six months to July, reports the Australian Financial review, 27 June 2008.
Law firms say taking on salaried partners, also known as fixed-share or fixed-draw partners, assists with retention of senior associates and allows them to mentor and encourage their up-and-coming stars, reports the Australian Financial Review, 27 June 2008.
One in six new partners in the 26 law firms surveyed were appointed in Brisbane, reports the Australian Financial Review, 27 June 2008. Deacons appointed four new partners in Brisbane out of 12 twelve partner appointments total.
