👋 G’day
Today’s brief:
The culture at int. firms revealed
Employers ditch CVs entirely
Vic’s Chief Judge fires back
Here’s your latest, PB #{{join_number}} 👇
WORD ON THE STREET

Firm culture ranked

Thinking of an international move? RollOnFriday's 2026 survey ranked firm culture from best to worst. Akin Gump topped the list at 92% for having "virtually no c*nts." HSF Kramer scored 75%, with juniors crediting the Aussies for a more relaxed vibe. At the bottom, Freshfields (46%) talks a big game on culture, but staff say the reality doesn't match. Clifford Chance (46%) is battling redundancy unease, and apparently A&O Shearman (46%) still can't figure out who they are post-merger: RollOnFriday
Monash University researchers found Victorian courts hand down 47% of all suppression orders nationally despite having a third of the population, and journalists "unanimously" described a culture of secrecy. One court reporter saying "you can pretty much suppress anything you want." Chief Justice Niall fired back, calling the research "misleading" and "selective”: AFR
The Trump administration dropped its appeals against US law firms Perkins Coie, WilmerHale, Susman Godfrey and Jenner & Block on Monday, then undropped them on Tuesday. The DOJ offered zero explanation for withdrawing the dismissal of its appeals, and all four firms opposed the reversal. Stanford's Mark Lemley reckons DOJ has no plausible legal arguments left: Bloomberg
Clyde & Co, White & Case, Baker McKenzie and A&O Shearman shifted Middle East staff to remote work amid regional missile strikes. Meanwhile, the managing partner of UAE law firm Ibrahim & Partners went viral on LinkedIn urging leaders to get teams back in the office. Anyone working from home would cop an annual leave deduction, he added, with a winking emoji… NB
PRACTICE POINTS

Hopeless claim?
⚖️ Disputes: The NSW Court of Appeal has dismissed a solicitor negligence claim, while affirming a stringent standard for what "hopeless" actually means. The VXG parties argued Malouf should have advised their defences and cross-claims were doomed before filing. The Court disagreed, holding that weak prospects and evidentiary gaps do not equate to hopelessness, there must be no realistic possibility of success. Critically, the breach analysis is confined to what was known at filing, not hindsight. That involves an evaluative assessment where solicitors can legitimately rely on counsel's advice that a case is arguable: Hall & Wilcox
⚖️ Construction: In Construction, disruption isn’t always disruption. A NSW Court of Appeal decision serves as a useful reminder that disruption without delay is often not compensable. Under the contract in question, disruption costs only had contractual footing if they extended the completion date. But importantly, where disruption stems from a breach of a contractual promise (say, failure to provide access as expressly stated), the real question isn't whether productivity suffered. It's whether the breach forced the contractor to perform fundamentally different work. If it did, that's not a disruption claim. It's a variation claim, and it should be valued accordingly: Accura
⚖️ Employment: NSW Parliament has narrowly passed the Work Health and Safety Amendment (Digital Work Systems) Bill 2025, making it the first Australian jurisdiction to explicitly bring AI tools, algorithmic scheduling, and digital surveillance within the WHS framework. Persons conducting a business or undertaking must now ensure digital systems don't put worker health at risk, covering excessive workloads, opaque performance metrics, and discriminatory automated decisions. Union officials with WHS entry permits also gain expanded access to digital platforms during investigations. Employer groups have flagged compliance burdens and data privacy concerns. The Bill awaits assent: NRF
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TALKING POINTS

CVs dying fast

Did you hear…
It’s good and bad news — CVs are on life support. With AI churning out polished, identical résumés by the million, hiring managers are binning them altogether. A survey of employers found 70% are now using skills-based hiring, opting for paid work trials and certificates, like LinkedIn skills verification. Major tech players like Expensify, Automattic and Gumroad have already ditched the requirement entirely: Business Insider
Also…
Victoria's jumping on the bandwagon, with AG Sonya Kilkenny flagging legislation to axe good character references in criminal sentencing entirely. NSW already passed the same reform, with the ACT and Queensland moving in a similar direction. The push follows findings that letting mates and family sing an offender's praises in court is "deeply re-traumatising" for victims. A bill's expected mid-year: TDA
DEAL ROOM

Solar play
🔋 Ashurst and KWM are on either side of Aula Energy's acquisition of a 1GW solar portfolio from Lightsource bp across NSW, Queensland and Victoria. The Macquarie-backed renewables platform picks up five operational solar farms plus options for 800MW of co-located battery storage. For Aula, it's the first operating fleet in its portfolio: Point Blank
🧃 TPG Capital has kicked off a sale process for its Made Group portfolio, home to brands like Rokeby, Cocobella and NutrientWater, with hopes of fetching north of $1.5bn and a stretch target of $2bn. TPG initially bought its stake for about $300m. BofA is running the book, with Danone, Kirin, Asahi and Suntory among the suitors: The Australian
SECTOR SNAPSHOT

LNG crunch


DIGGERS
🚜 A global LNG supply crunch is looming after Qatar halted production following military attacks, pulling almost 20% of global supply off the market. Woodside and Santos shares jumped 6%, but with most Australian LNG locked into long-term contracts with customers in Asia, there's little spare capacity to plug the gap: AFR

FIN
🏦 Magellan shares surged 30% after its planned merger with investment bank Barrenjoey. But the market's divided on whether the $3.84bn entity can become a junior Macquarie, with rivals are already watching closely. JWS partner Sam Katdare says the deal could set a template for more consolidation across fund management, with pressure building on smaller players to bulk up or risk falling behind: Capital Brief

RETAIL + REAL ESTATE
🏠 CEO of Dan Murphy’s owner Endeavour Group, Jayne Hrdlicka has quashed speculation the company might offload its hotels business, pledging to keep both retail and hotel arms together. Half-year sales rose just 0.9% to $6.68bn, with retail flat and margins squeezed by price competition. Hotels were the bright spot, posting 4.4% sales growth: AFR

TECH + STARTUPS
📱 Anthropic is now tracking close to US$20bn in annualised revenue, more than doubling its run rate from late 2025. But US Defense Secretary Pete Hegseth has declared the $380bn company a supply-chain risk, a label usually reserved for foreign adversaries. That’s after Anthropic pushed back on the Pentagon using its AI for surveillance and autonomous weapons: Bloomberg
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