Australia's top rainmakers at firms like Corrs are pocketing around $7m. That sounds great until you clock that Kirkland & Ellis partners are pulling US$25m-US$30m, with recruiter Sabina Lippman calling US$20m "the new $10m." Local firms like Mallesons or Clayton Utz are nudging toward performance pay, but without mega-deal flow or US-scale billing rates, the Aussie pay isn't moving anywhere fast. Read our deep dive here: Point Blank
Australia's top rainmakers at firms like Corrs are pocketing around $7m. That sounds great until you clock that Kirkland & Ellis partners are pulling US$25m-US$30m, with recruiter Sabina Lippman calling US$20m "the new $10m." Local firms like Mallesons or Clayton Utz are nudging toward performance pay, but without mega-deal flow or US-scale billing rates, the Aussie pay isn't moving anywhere fast. Read our deep dive here: Point Blank
Thinking about going in-house? The sector you land in matters more than most lawyers realise. International banks and investment managers are topping the in-house pay ladder, with GC packages hitting $500k plus bonuses up to 70% STI+LTI. Energy is one to keep your eye on, with GCs reaching $300k off the back of Australia's renewables push. Read our full breakdown here: Point Blank
Jones Day has been phished. The US law firm copped a data breach, with hacker group Silent Ransom Group posting client materials online after a phishing attack hit files across 10 clients. The firm says the accessed files were "dated". The FBI flagged the same group that was targeting law firms last year, given the sensitivity of legal data: Reuters
Sydney silk Ruth Higgins has been named Australia's first female solicitor-general, fresh off securing ASIC's partial win against Star Entertainment's former directors. The competition law heavyweight, who's appeared for and against the ACCC, CBA and Woolworths, starts June 8 on $878k. She'll immediately face the constitutional challenge to the government's social media ban: AFR