Jul 31, 2024
In the first six months of this year, plaintiff firms have
investigated and pursued a “very broad base of claims”, and even
though there has been a softening in filing rates for the
year-to-date, it will be prudent to maintain a cautious outlook,
one BigLaw partner says.
In this episode of The Lawyers Weekly Show, host Jerome Doraisamy
speaks with Allens partner and class actions co-lead Alex Tolliday
about how and why he ended up practising in this space, why he
finds the “detective work” so rewarding, the key takeaways from his
firm’s recently released Class action risk: Interim update report,
and what we can learn from the volume of filings seen in the last
six months, and what it could mean for the back half of the
year.
Tolliday also reflects on there having been no shareholder
proceedings filed so far this year, the volume of consumer
proceedings being witnessed and a pending High Court judgment, how
teams like his prepare for what might be coming in the market,
whether we will see more cyber and data privacy proceedings being
brought, ensuring clients are as prepared as possible for
proceedings of any kind, whether ESG-slanted proceedings are being
brought, what good leadership of a class action team looks like,
and what excites him about working in this space moving
forward.
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If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@lawyersweekly.com.au for more insights!