It was a midtier corporate firm -- not one of Australia's two big plaintiffs firms -- that won a recent $200 million decision in a class action against Lehman Bros.' local subsidiary at the country's Federal Court. The case signals a shift in the legal landscape, given that corporate firms typically stay away from class actions, for fear of alienating corporate clients.
Australia's Not-So-Usual Class Action Suspects
The Asian Lawyer
October 29, 2012