The Legal Industry took some major decisions in March 2022. Following the events, here are few of the key highlights of the Legal Industry happenings.
Legal Industry Reacts – Major Law Firms Pull Out of Russia
The legal industry landscape in Russia is plummeting with the ongoing exodus of major law firms. Several big names in the legal industry have announced their plan of pulling out of Russia.
UK based law firms — Freshfields Bruckhaus Deringer and Linklaters — were the first of many major law firms to announce their exit from their Russian operations. Following the queue were Baker McKenzie, Norton Rose Fulbright, Herbert Smith Freehills, Bryan Cave Leighton Paisner (BCLP), Allen & Overy, and Clifford Chance.
Meta in Legal Trouble For Celebrity Crypto Ads Scam
Meta lands in legal turmoil as Australia files a lawsuit against the company. This lawsuit is prompted due to fake crypto currency Ads on Facebook.
The fake crypto ads were allegedly targeted to potential consumers featuring bogus celebrity endorsements. Some of these endorsements included former NSW Premier Mike Baird, TV host David Koch, and Entrepreneur Dick Smith. However, these celebrities had no prior knowledge of their association with these advertisements.
The Australian Competition and Consumer Commission (ACCC) says Meta is involved in creating revenue via target-based ads, and should be held responsible for publishing these fraudulent ads. “The essence of our case is that Meta is responsible for these ads that it publishes on its platform,” ACCC chairman Rod Sims said in a statement.
Hybrid Work Culture is Here To Stay
With COVID-19 restrictions easing around the world, majority of workforce is planning on resuming back-to-office work model. However, the effects of digital transformation, much like COVID-19, are here to stay! Certainly, the hybrid work model is becoming the new norm.
Following the trend, Google is testing a new hypothesis on hybrid work model as results show increased employee interest and productivity. In December 2020, chief executive of Google, Sundar Pichai, told his employees, “We are testing a hypothesis that a flexible work model will lead to greater productivity, collaboration, and well-being.”
A recent PWC report shows that most employees do not want to go back to the traditional work environment. While 74% stated that they wanted to adopt a hybrid work environment, only 10% of respondents wanted to return to a traditional work environment.
Environment Minister Wins Climate Change Case
Eight high school students had filed a lawsuit against Australia’s Environment Minister, Susan Ley, trying to block a NSW coal mine expansion. The teenagers claimed that the minister should consider the possible harm caused by climate change. They also highlighted her duty of care towards protecting young Australians. Following the court proceedings last year, the kids landed victory with Justice Mordecai Bromberg ruling in their favour. The court had dismissed the mine expansion and stated that the minister had a duty of care towards children.
Ley appealed against the court’s decision claiming she has no duty of care towards children. The Federal Court ruled in Ley’s favour by reversing the previous judge’s decision. The court stated that the minister didn’t have duty of care to protect children from climate change.
NSW To Receive $742 Million Relief Package
In light of the recent NSW floods, the Federal Government in conjunction with the NSW Government announced a $742 million of relief package. The package is launched to support industries, businesses, and residents, affected by the calamitous floods in New South Wales. This package is in addition to the $1 billion funding provided by the government.
Prime Minister, Scott Morrison, extended his support to the NSW community to help recover from this catastrophic calamity. “We will continue to support thousands of residents and businesses in Northern New South Wales, by giving them the support they need to get back on their feet,” the Prime Minister said.
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