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HSF and Macs announce stellar trainee retention rates

Macfarlanes boosts NQ package to over £100k

Hogan Lovells and Macfarlanes boost NQ packages to over £100k

Norton Rose Fulbright (NRF) and Gilbert + Tobin lead graduate hiring blitz in law

Share A handful of Australia’s leading mid-size law firms are ramping up their recruitment of the country’s top graduates as they continue their aggressive push into the top-tier market. At the same time, junior recruitment at most big six legal outfits is lagging behind pre-pandemic levels, despite those firms committing to maintain a pipeline of talent last year, the latest Australian Financial Review Law Partnership Survey revealed. The exception is Allens, which took on 101 graduates, five more than last year and second only to mid-tier behemoth HWL Ebsworth (120). Even with the spectre of the pandemic, the total number of graduates hired across Australia’s 50 biggest law firms grew by 5.7 per cent over the past year to 1325.

HSF Advises Joint Lead Managers on ANZ's A$1.5 billion Capital Notes 6 Offer

Date Time HSF Advises Joint Lead Managers on ANZ’s A$1.5 billion Capital Notes 6 Offer Herbert Smith Freehills has advised the Joint Lead Managers of Australia and New Zealand Banking Group Limited’s (ANZ) offer of ANZ Capital Notes 6 (Notes). The offer also involved a reinvestment offer under which holders of ANZ Capital Notes 1 were able to apply to sell some or all of their ANZ Capital Notes 1 and reinvest the proceeds in the Notes or receive cash. The Notes are fully paid, convertible, perpetual, unsecured, subordinated notes issued by ANZ. The Notes will constitute Additional Tier 1 Capital under APRA standards. The proceeds from the issue will be used to refinance the ANZ Capital Notes 1 and for general corporate purposes.