This can't be right - "Court rules junior lawyer underpaid despite $500,000 salary"
afr.com/companies/professional-services/court...
afr.comPosted Apr 18, 2021, 1:24 PM UTC
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afr.comAlso entertaining:
Mr Carbone told the court the firm breached the Fair Work Act by taking him off key client files and dismissing him after he made more than 240 workplace complaints about its practices, despite his intention to stay at the firm for at least two more years.
These complaints included allegations that the firm invoiced clients for work that “was not completed or done at all” and that paralegals gave legal advice to clients instead of lawyers.
Mr Corbone also claimed that Dr McConvill had a “romantic relationship” with a female staff member who was “regularly dismissed and rehired”.
Mr Carbone said this caused disruption to the business, exposure to ethical issues and misconduct, file management issues, and poor focus and supervision by Dr McConvill of firm employees.
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The Applicant was an absolute fuckwit. Had the displeasure of meeting him a few time socially and wish I hadn’t. He was not a junior lawyer but promoted himself as a senior associate from day one. We were all shocked because we were all the same PAE and none of us were SAs at the time... and the whole firm set up seemed less than legit. Clearly making bank though - unlike the rest of us at the time.
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WOW where did you meet
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Really, $500k!?
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I mean, it's right there in the first paragraph
A junior lawyer who earned more than $500,000 annually has successfully sued his former firm for underpaying him after signing a lucrative employment agreement that promised him 40-50 per cent of his clients’ fees
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Para 13:
"During the course of the Applicant’s employment under Contract 2, the Applicant received remuneration of $594,383."
however his base was $40,000. Lol
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The key point being that it wasn't 500k salary, most of it was effectively profit-sharing or commission or however you want to phrase it. "Eat what you kill" is very filling when you kill a lot.
You may also want to suspect that a "junior" pulling in so many clients in a tax avoidance firm might just have contacts etc stretching back years, decades from before their legal qualification.
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Mad bank. I make a bit more than this though.
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Its a good deal if you are in a small/medium firm with a lazy principal.
Its how I bought my house.