Simplified Debt Restructuring is a type of ‘external administration’ under the Corporations Act 2001 (Cth) (Corporations Act); however, directors remain in control of the company under…
New laws restricting lawyers’ involvement in managed investment schemes and mortgage practices are expected to commence on 1 July 2018. By PAMELA HANRAHAN.
A solicitor’s responsibility has always been to provide clear and timely advice to assist the client in understanding the legal issues so as to make…
Rights of clients are upheld by lawyers as part of their legal and ethical obligations. The incorporation of the law firm does not displace this…
Principals and solicitors with ‘designated responsibility’ also have statutory obligations to exercise ‘reasonable supervision’ over their staff and the legal services provided by the firm….
The Legal Profession Uniform Law does not contain an exemption equivalent to that provided under the repealed Legal Profession Act 2004. By GLENDA CARRY.
The Legal Profession Uniform Law 2014 introduces new obligations of disclosure. By PETER ROSIER.