AU ST R A L I A . H O N G KO N G . LO N D O N

Lipman Karas is an international investigative legal practice, with a focus on complex disputes.

We concentrate on:

• Difficult and sensitive commercial litigation

• International commercial arbitration

• Insolvency and asset recovery, including complex cross-border disputes

• Audit and other professional negligence

• Independent corporate and regulatory investigations

• Dispute avoidance and mediation

• Risk minimisation and governance advice

A career at Lipman Karas provides opportunities and experiences that are unrivalled in Australia.

Our Firm

Lipman Karas has acted in some of the largest and most complex disputes internationally, including leading successful appeals in the highest courts and tribunals.

Many of our projects involve actions in multiple jurisdictions, including throughout Asia, the United Kingdom, Continental Europe, the United States, the Middle East and all the major offshore jurisdictions. As such, we are very experienced with the various jurisdictional, enforcement and logistical issues that arise in this context.

We are dedicated to achieving extraordinary outcomes for clients, through the single-minded pursuit of their interests and by striving for excellence in everything we do.

Examples of our higher profile projects include:

• Royal Adelaide HospitalRepresenting the Government of South Australia in arbitration and other proceedings concerning the AU$2.5 billion public private partnership arrangements for the design, construction and operation of the State’s new major health facility.

• Bell GroupRepresenting the liquidator in asset recovery litigation and appeals arising from the collapse of the Bell Group of companies against 20 global banks, leading to the settlement of AU$2.9 billion in favour of liquidators, creditors and bond holders.

• Adelaide Brighton Limited Representing an Australian publicly listed company, Adelaide Brighton, in relation to a multi-million dollar fraud perpetrated against the company by one of its former employees, assisting with the forensic investigation into the scope and effect of the fraud, liaising with the authorities regarding possible offences and successfully pursuing recovery proceedings against the beneficiary of the fraud.

• Carlyle Capital CorporationRepresenting the liquidators in claims arising from the collapse of a US$22 billion listed RMBS investment fund in the Channel Islands and United States.

• China Medical Technologies Representing the Hong Kong and Cayman Island liquidators of China Medical Technologies, a NASDAQ listed medical technology company, which collapsed following the alleged theft of US$500 million by senior management through concealed related party transactions. Leading

We undertake some of the most challenging, complex and high profile litigation, arbitration and other dispute resolution across the world.

investigations of claims against the company’s auditors, directors, legal advisors and two banks through which the stolen funds were laundered.

• Akai HoldingsRepresented the court appointed liquidators in investigations and successful litigation in Hong Kong, England, Bermuda and the US arising from Hong Kong’s then largest corporate collapse.

• Al Gosaibi Leading asset recovery investigations and litigation against Maan Al Sanea and his Saad Group concerning a US$9.2 billion fraud in the Cayman Islands and the Middle East.

• Madoff Feeder FundsLead global counsel for Kingate Global and Euro Funds on investigations and litigation in Bermuda, BVI and the US arising from the Madoff Ponzi Scheme.

• South Australian Auditor General’s Department Advising on various examinations, reviews and investigations undertaken by the South Australian Auditor-General’s Department pursuant to the Public Finance and Audit Act 1987 (SA) (PFA Act) involving local government, privatisation transactions and public land developments.

• Other Major Projects include director liability and auditor negligence investigations, and litigation arising from the collapses of listed companies, including Moulin Global, Megan Media Group (Malaysia), Orient Power, 3D-Gold, Ocean Grand, Sino Forest Corporation, China Forestry, Galleria Group, Sunlink, Great Southern, Duke Group, One.Tel, HIH Royal Commission and Bond Corporation.

Our Projects and Track Record

Lipman Karas offers clerkships to penultimate and final year students who have demonstrated academic excellence and practical ability and who through their studies and extracurricular activities show a commitment to the highest levels of achievement.

Our clerkship program is progressive, flexible and adaptable to the individual’s needs. Talented, energetic and committed clerks are provided with a unique opportunity to develop their professional careers and personal skills in a rewarding team environment.

Clerks at Lipman Karas experience a diverse range of professional and practical tasks. Our team-based approach ensures direct contact and communication with principals and senior members of Lipman Karas.

We offer up to 20 clerkship placements annually during summer and winter university holidays.

Lipman Karas also accepts applications all year round and may offer additional clerkships to outstanding candidates who apply after the primary round of offers.

Please visit our website for details regarding the application process, including key dates.

Our Clerkship Program Applications

We incorporate practical and academic based activities into our clerkship program so that successful candidates will experience varied and challenging work, including:

• Detailed factual and legal analysis

• Drafting and presenting research memoranda and advice to senior practitioners

• Preparing court documents

• Involvement in all facets of case preparation

• Assistance in preparing client documents

Clerks also experience the practical side of working in a law firm, receive training on our office procedures and resources and participate in legal education.

Clerkships at Lipman Karas continue to be an important career pathway, with many of our clerks joining the firm as graduate lawyers once admitted.

From a career perspective, Lipman Karas offers practitioners a chance to work on commercial matters that are unique in both magnitude and complexity. We compete actively and successfully with national firms for the most significant and challenging projects.

W W W. L I P M A N K A R AS .C O M

Holborn Gate, 26 Southampton Buildings, London WC2A 1AN T +44 20 7400 2180

Level 23, 25 Grenfell Street, Adelaide SA 5000 Australia T +61 8 8239 4600

Level 23, Three Pacific Place, 1 Queen’s Road East,Hong Kong T +852 3761 3900

AU ST R A L I A . H O N G KO N G . LO N D O N

Lipman Karas is an international investigative legal practice, with a focus on complex disputes.

We concentrate on:

• Difficult and sensitive commercial litigation

• International commercial arbitration

• Insolvency and asset recovery, including complex cross-border disputes

• Audit and other professional negligence

• Independent corporate and regulatory investigations

• Dispute avoidance and mediation

• Risk minimisation and governance advice

A career at Lipman Karas provides opportunities and experiences that are unrivalled in Australia.

Our Firm

Lipman Karas has acted in some of the largest and most complex disputes internationally, including leading successful appeals in the highest courts and tribunals.

Many of our projects involve actions in multiple jurisdictions, including throughout Asia, the United Kingdom, Continental Europe, the United States, the Middle East and all the major offshore jurisdictions. As such, we are very experienced with the various jurisdictional, enforcement and logistical issues that arise in this context.

We are dedicated to achieving extraordinary outcomes for clients, through the single-minded pursuit of their interests and by striving for excellence in everything we do.

Examples of our higher profile projects include:

• Royal Adelaide HospitalRepresenting the Government of South Australia in arbitration and other proceedings concerning the AU$2.5 billion public private partnership arrangements for the design, construction and operation of the State’s new major health facility.

• Bell GroupRepresenting the liquidator in asset recovery litigation and appeals arising from the collapse of the Bell Group of companies against 20 global banks, leading to the settlement of AU$2.9 billion in favour of liquidators, creditors and bond holders.

• Adelaide Brighton Limited Representing an Australian publicly listed company, Adelaide Brighton, in relation to a multi-million dollar fraud perpetrated against the company by one of its former employees, assisting with the forensic investigation into the scope and effect of the fraud, liaising with the authorities regarding possible offences and successfully pursuing recovery proceedings against the beneficiary of the fraud.

• Carlyle Capital CorporationRepresenting the liquidators in claims arising from the collapse of a US$22 billion listed RMBS investment fund in the Channel Islands and United States.

• China Medical Technologies Representing the Hong Kong and Cayman Island liquidators of China Medical Technologies, a NASDAQ listed medical technology company, which collapsed following the alleged theft of US$500 million by senior management through concealed related party transactions. Leading

We undertake some of the most challenging, complex and high profile litigation, arbitration and other dispute resolution across the world.

investigations of claims against the company’s auditors, directors, legal advisors and two banks through which the stolen funds were laundered.

• Akai HoldingsRepresented the court appointed liquidators in investigations and successful litigation in Hong Kong, England, Bermuda and the US arising from Hong Kong’s then largest corporate collapse.

• Al Gosaibi Leading asset recovery investigations and litigation against Maan Al Sanea and his Saad Group concerning a US$9.2 billion fraud in the Cayman Islands and the Middle East.

• Madoff Feeder FundsLead global counsel for Kingate Global and Euro Funds on investigations and litigation in Bermuda, BVI and the US arising from the Madoff Ponzi Scheme.

• South Australian Auditor General’s Department Advising on various examinations, reviews and investigations undertaken by the South Australian Auditor-General’s Department pursuant to the Public Finance and Audit Act 1987 (SA) (PFA Act) involving local government, privatisation transactions and public land developments.

• Other Major Projects include director liability and auditor negligence investigations, and litigation arising from the collapses of listed companies, including Moulin Global, Megan Media Group (Malaysia), Orient Power, 3D-Gold, Ocean Grand, Sino Forest Corporation, China Forestry, Galleria Group, Sunlink, Great Southern, Duke Group, One.Tel, HIH Royal Commission and Bond Corporation.

Our Projects and Track Record

Lipman Karas offers clerkships to penultimate and final year students who have demonstrated academic excellence and practical ability and who through their studies and extracurricular activities show a commitment to the highest levels of achievement.

Our clerkship program is progressive, flexible and adaptable to the individual’s needs. Talented, energetic and committed clerks are provided with a unique opportunity to develop their professional careers and personal skills in a rewarding team environment.

Clerks at Lipman Karas experience a diverse range of professional and practical tasks. Our team-based approach ensures direct contact and communication with principals and senior members of Lipman Karas.

We offer up to 20 clerkship placements annually during summer and winter university holidays.

Lipman Karas also accepts applications all year round and may offer additional clerkships to outstanding candidates who apply after the primary round of offers.

Please visit our website for details regarding the application process, including key dates.

Our Clerkship Program Applications

We incorporate practical and academic based activities into our clerkship program so that successful candidates will experience varied and challenging work, including:

• Detailed factual and legal analysis

• Drafting and presenting research memoranda and advice to senior practitioners

• Preparing court documents

• Involvement in all facets of case preparation

• Assistance in preparing client documents

Clerks also experience the practical side of working in a law firm, receive training on our office procedures and resources and participate in legal education.

Clerkships at Lipman Karas continue to be an important career pathway, with many of our clerks joining the firm as graduate lawyers once admitted.

From a career perspective, Lipman Karas offers practitioners a chance to work on commercial matters that are unique in both magnitude and complexity. We compete actively and successfully with national firms for the most significant and challenging projects.

W W W. L I P M A N K A R AS .C O M

Holborn Gate, 26 Southampton Buildings, London WC2A 1AN T +44 20 7400 2180

Level 23, 25 Grenfell Street, Adelaide SA 5000 Australia T +61 8 8239 4600

Level 23, Three Pacific Place, 1 Queen’s Road East,Hong Kong T +852 3761 3900

AU ST R A L I A . H O N G KO N G . LO N D O N

Lipman Karas is an international investigative legal practice, with a focus on complex disputes.

We concentrate on:

• Difficult and sensitive commercial litigation

• International commercial arbitration

• Insolvency and asset recovery, including complex cross-border disputes

• Audit and other professional negligence

• Independent corporate and regulatory investigations

• Dispute avoidance and mediation

• Risk minimisation and governance advice

A career at Lipman Karas provides opportunities and experiences that are unrivalled in Australia.

Our Firm

Lipman Karas has acted in some of the largest and most complex disputes internationally, including leading successful appeals in the highest courts and tribunals.

Many of our projects involve actions in multiple jurisdictions, including throughout Asia, the United Kingdom, Continental Europe, the United States, the Middle East and all the major offshore jurisdictions. As such, we are very experienced with the various jurisdictional, enforcement and logistical issues that arise in this context.

We are dedicated to achieving extraordinary outcomes for clients, through the single-minded pursuit of their interests and by striving for excellence in everything we do.

Examples of our higher profile projects include:

• Royal Adelaide HospitalRepresenting the Government of South Australia in arbitration and other proceedings concerning the AU$2.5 billion public private partnership arrangements for the design, construction and operation of the State’s new major health facility.

• Bell GroupRepresenting the liquidator in asset recovery litigation and appeals arising from the collapse of the Bell Group of companies against 20 global banks, leading to the settlement of AU$2.9 billion in favour of liquidators, creditors and bond holders.

• Adelaide Brighton Limited Representing an Australian publicly listed company, Adelaide Brighton, in relation to a multi-million dollar fraud perpetrated against the company by one of its former employees, assisting with the forensic investigation into the scope and effect of the fraud, liaising with the authorities regarding possible offences and successfully pursuing recovery proceedings against the beneficiary of the fraud.

• Carlyle Capital CorporationRepresenting the liquidators in claims arising from the collapse of a US$22 billion listed RMBS investment fund in the Channel Islands and United States.

• China Medical Technologies Representing the Hong Kong and Cayman Island liquidators of China Medical Technologies, a NASDAQ listed medical technology company, which collapsed following the alleged theft of US$500 million by senior management through concealed related party transactions. Leading

We undertake some of the most challenging, complex and high profile litigation, arbitration and other dispute resolution across the world.

investigations of claims against the company’s auditors, directors, legal advisors and two banks through which the stolen funds were laundered.

• Akai HoldingsRepresented the court appointed liquidators in investigations and successful litigation in Hong Kong, England, Bermuda and the US arising from Hong Kong’s then largest corporate collapse.

• Al Gosaibi Leading asset recovery investigations and litigation against Maan Al Sanea and his Saad Group concerning a US$9.2 billion fraud in the Cayman Islands and the Middle East.

• Madoff Feeder FundsLead global counsel for Kingate Global and Euro Funds on investigations and litigation in Bermuda, BVI and the US arising from the Madoff Ponzi Scheme.

• South Australian Auditor General’s Department Advising on various examinations, reviews and investigations undertaken by the South Australian Auditor-General’s Department pursuant to the Public Finance and Audit Act 1987 (SA) (PFA Act) involving local government, privatisation transactions and public land developments.

• Other Major Projects include director liability and auditor negligence investigations, and litigation arising from the collapses of listed companies, including Moulin Global, Megan Media Group (Malaysia), Orient Power, 3D-Gold, Ocean Grand, Sino Forest Corporation, China Forestry, Galleria Group, Sunlink, Great Southern, Duke Group, One.Tel, HIH Royal Commission and Bond Corporation.

Our Projects and Track Record

Lipman Karas offers clerkships to penultimate and final year students who have demonstrated academic excellence and practical ability and who through their studies and extracurricular activities show a commitment to the highest levels of achievement.

Our clerkship program is progressive, flexible and adaptable to the individual’s needs. Talented, energetic and committed clerks are provided with a unique opportunity to develop their professional careers and personal skills in a rewarding team environment.

Clerks at Lipman Karas experience a diverse range of professional and practical tasks. Our team-based approach ensures direct contact and communication with principals and senior members of Lipman Karas.

We offer up to 20 clerkship placements annually during summer and winter university holidays.

Lipman Karas also accepts applications all year round and may offer additional clerkships to outstanding candidates who apply after the primary round of offers.

Please visit our website for details regarding the application process, including key dates.

Our Clerkship Program Applications

We incorporate practical and academic based activities into our clerkship program so that successful candidates will experience varied and challenging work, including:

• Detailed factual and legal analysis

• Drafting and presenting research memoranda and advice to senior practitioners

• Preparing court documents

• Involvement in all facets of case preparation

• Assistance in preparing client documents

Clerks also experience the practical side of working in a law firm, receive training on our office procedures and resources and participate in legal education.

Clerkships at Lipman Karas continue to be an important career pathway, with many of our clerks joining the firm as graduate lawyers once admitted.

From a career perspective, Lipman Karas offers practitioners a chance to work on commercial matters that are unique in both magnitude and complexity. We compete actively and successfully with national firms for the most significant and challenging projects.

W W W. L I P M A N K A R AS .C O M

Holborn Gate, 26 Southampton Buildings, London WC2A 1AN T +44 20 7400 2180

Level 23, 25 Grenfell Street, Adelaide SA 5000 Australia T +61 8 8239 4600

Level 23, Three Pacific Place, 1 Queen’s Road East,Hong Kong T +852 3761 3900

Close collaboration is not only the key to Lipman Karas’ ability to deliver outstanding services, but also the reason we enjoy a strong firm ethos and culture. Teamwork is an absolute priority and strong working relationships are a feature of our projects.

LK’s social calendar includes regular Friday night drinks, Adelaide Fringe and Festival events, mid-year and end of year celebrations, sporting teams and a book club.

We promote a balanced lifestyle for all team members and support flexible working arrangements to assist them in achieving both career and life goals, whether family, sporting, musical or other extra-curricular pursuits.

LK is committed to promoting equal opportunity for all and we have been recognised internationally over many years for our innovation, promotion and accommodation of flexible working arrangements. In particular in the Euromoney Women in Business Law Awards, LK has received awards for Best Adelaide Firm, Best Firm for Talent Management in Australia and in Asia, Best Gender Diversity Initiative by an International Firm and Best International Firm for Work Life Balance.

I had a less traditional start to my legal career. I studied a degree in International Studies straight out of high school, spent a number of years in federal government roles followed by a stint in hospitality, and was married and had two children before I finally decided to undertake that law degree I had thought about doing for many years.

In February 2015 I commenced a clerkship at Lipman Karas having no idea that I would still be at the firm some five years later as a Senior Associate.

Working at Lipman Karas

When I started at Lipman Karas I had not really grasped the truly international nature of the work undertaken by the firm and the significance of some of the projects the firm is involved in (some of which I had only just learnt about at university).

For the majority of my time at Lipman Karas I have been involved in a large and complex international matter relating to a significant commercial fraud. The proceedings stemming from this fraud include multiple actions relating to areas such as company law, audit and professional negligence, international law and director liability.

This matter has provided me with experience in dealing with a range of different types of proceedings (including appeals). I have also had the opportunity to travel on a number of occasions for this matter and to meet with my overseas colleagues and counsel. I feel very fortunate to have the opportunity to work on large-scale international litigation and obtain experience in jurisdictions such as Hong Kong, the United Kingdom and the Cayman Islands, all while being based in Adelaide. Another benefit of being involved in such significant litigation is

Our Culture Insight from an LK Senior Associate – Brooke HowardOur Firm in the Community

Contributing to our wider communities is an integral part of Lipman Karas’ culture. We actively engage in the work of the many causes we support, including access to justice initiatives, the contemporary arts, programs for some of the most vulnerable members of our community and educational and cultural programs involving indigenous communities.

LK supports a number of activities and organisations focused on ensuring access to justice by all members of the community, including the South Australian Magistrates Court Legal Advice Service, JusticeNet and the Refugee Advocacy Service of South Australia.

LK is committed to creating opportunities for indigenous youth, including supporting Yalari, an organisation that coordinates secondary education scholarships at Australia’s leading boarding schools, as well as the Aboriginal Law Studies Program through the Law Society of South Australia, The Aboriginal Law Student Mentoring Program, The Orana Foundation, the Nature Foundation of South Australia, Kids on Country Program and the Indigenous Art Council.

the opportunity to work with some of the best litigators, barristers and experts from around the globe.

As well as working on large international matters, I have had the opportunity to work on more local matters. To a certain extent, there is scope at Lipman Karas to work on a range of matters of varying scale, in a number of jurisdictions in both Australia and overseas. Lipman Karas also offers a number of opportunities for practitioners to be involved in meaningful pro bono work, which is very important to the firm.

Opportunities

Working as a lawyer is very different to studying law and the clerkship program at Lipman Karas really helps to bridge that gap by providing invaluable training, in particular in effective research methodology and writing. Research undertaken at Lipman Karas is incredibly thorough and can often involve unique points of law in various jurisdictions. Following twisted pathways of the development of various sections of legislation from their roots in the United Kingdom to their present application and interpretation in other jurisdictions is something that I have found really interesting. Clerks are also taught how to draft in a way that can ultimately feed into legal submissions or letters of advice – it is very rewarding for junior practitioners to see their work product really take on a practical application.

Throughout the year the firm offers a number of professional development opportunities including presentations by senior practitioners, former members of the Judiciary and industry experts, as well as offering well-being seminars on a range of topics.

LK is a major supporter of the Art Gallery of South Australia, Adelaide Biennial of Australian Art, Ramsay Art Prize People’s Choice Award, Loreto SpringART and Sanaa: A Better World Through Creativity. The firm has a substantial collection of indigenous and contemporary Australian art that is showcased in each of our offices.

The firm also supports a variety of community programs including the Mary Magdalene Drop-In Centre, Musica Viva, Dress for Success, Operation Flinders, Ice Factor and Room to Read.

Firm Culture

The one thing that struck me from the moment I started at Lipman Karas was how approachable and supportive all of the other practitioners are. The firm culture is very collaborative and there is no purposeful hierarchical distinction between the practitioners of varying levels. Principals work alongside more junior practitioners on all types of matters. Our three offices also work quite closely together, and I have been able to develop strong working relationships with my colleagues overseas through the use of various technologies as well as occasional travel. To be able to work with colleagues from a diverse range of backgrounds with experience in a number of different jurisdictions has been invaluable to my professional development.

At Lipman Karas we work in cohesive groups based on the principles of teamwork, objectivity, creativity, integrity and unflinching determination.

Through years of specialisation, we have developed the LK method, instilled across our offices and projects. This approach to practice has enabled us to consistently deliver extraordinary results for our clients and help our lawyers develop into strong advocates.

Our method is to investigate and assess the merits of potential cases early and efficiently, with the benefit of decades of trial experience. We then formulate a case for effective presentation at a hearing from the outset. The focus is to deliver robust advice supported by clinical analysis.

Our Method

This involves the application of highly developed forensic and accounting skills in gathering, analysing and presenting complex materials in a cogent and persuasive way. Many of our team members have financial or analytical backgrounds. This expertise, combined with our investment in technology, enables us to quickly cut to the heart of issues.

We work closely with our clients and other professionals on all aspects of the investigation, analysis, strategy, presentation and resolution of legal claims to achieve outstanding results.

Above all, we strive for excellence and are committed to the pursuit of superior outcomes for our clients.

Lipman Karas comprises over 80 professionals working across our offices in Australia, Hong Kong and London.

Our team members are selectively recruited for their superior skills, drive and commitment to excellence. We invest significant resources in developing and nurturing our team. As such, we have exceptional team retention and steady growth, ensuring stability and continuity for our clients.

LK has an established training program, and our lawyers are encouraged to attend seminars and workshops to stay up-to-date with the latest legal and industry developments.

We also encourage the pursuit of post-graduate study and/or Associateships to Justices of the Supreme and Federal Courts.

We carefully put together optimal teams for each of our projects by combining specialist skills, experience and local knowledge. Each member of our team is integral to delivering outstanding results for our clients and ensuring that we exceed their expectations.

Lawyers who are self-motivated, and possess strong analytical, technical, communication and interpersonal skills excel at LK. The highest personal integrity is essential. In return LK offers consistently challenging work on projects that are exceptional for their size, complexity and geographic reach.

Our Team

Close collaboration is not only the key to Lipman Karas’ ability to deliver outstanding services, but also the reason we enjoy a strong firm ethos and culture. Teamwork is an absolute priority and strong working relationships are a feature of our projects.

LK’s social calendar includes regular Friday night drinks, Adelaide Fringe and Festival events, mid-year and end of year celebrations, sporting teams and a book club.

We promote a balanced lifestyle for all team members and support flexible working arrangements to assist them in achieving both career and life goals, whether family, sporting, musical or other extra-curricular pursuits.

LK is committed to promoting equal opportunity for all and we have been recognised internationally over many years for our innovation, promotion and accommodation of flexible working arrangements. In particular in the Euromoney Women in Business Law Awards, LK has received awards for Best Adelaide Firm, Best Firm for Talent Management in Australia and in Asia, Best Gender Diversity Initiative by an International Firm and Best International Firm for Work Life Balance.

I had a less traditional start to my legal career. I studied a degree in International Studies straight out of high school, spent a number of years in federal government roles followed by a stint in hospitality, and was married and had two children before I finally decided to undertake that law degree I had thought about doing for many years.

In February 2015 I commenced a clerkship at Lipman Karas having no idea that I would still be at the firm some five years later as a Senior Associate.

Working at Lipman Karas

When I started at Lipman Karas I had not really grasped the truly international nature of the work undertaken by the firm and the significance of some of the projects the firm is involved in (some of which I had only just learnt about at university).

For the majority of my time at Lipman Karas I have been involved in a large and complex international matter relating to a significant commercial fraud. The proceedings stemming from this fraud include multiple actions relating to areas such as company law, audit and professional negligence, international law and director liability.

This matter has provided me with experience in dealing with a range of different types of proceedings (including appeals). I have also had the opportunity to travel on a number of occasions for this matter and to meet with my overseas colleagues and counsel. I feel very fortunate to have the opportunity to work on large-scale international litigation and obtain experience in jurisdictions such as Hong Kong, the United Kingdom and the Cayman Islands, all while being based in Adelaide. Another benefit of being involved in such significant litigation is

Our Culture Insight from an LK Senior Associate – Brooke HowardOur Firm in the Community

Contributing to our wider communities is an integral part of Lipman Karas’ culture. We actively engage in the work of the many causes we support, including access to justice initiatives, the contemporary arts, programs for some of the most vulnerable members of our community and educational and cultural programs involving indigenous communities.

LK supports a number of activities and organisations focused on ensuring access to justice by all members of the community, including the South Australian Magistrates Court Legal Advice Service, JusticeNet and the Refugee Advocacy Service of South Australia.

LK is committed to creating opportunities for indigenous youth, including supporting Yalari, an organisation that coordinates secondary education scholarships at Australia’s leading boarding schools, as well as the Aboriginal Law Studies Program through the Law Society of South Australia, The Aboriginal Law Student Mentoring Program, The Orana Foundation, the Nature Foundation of South Australia, Kids on Country Program and the Indigenous Art Council.

the opportunity to work with some of the best litigators, barristers and experts from around the globe.

As well as working on large international matters, I have had the opportunity to work on more local matters. To a certain extent, there is scope at Lipman Karas to work on a range of matters of varying scale, in a number of jurisdictions in both Australia and overseas. Lipman Karas also offers a number of opportunities for practitioners to be involved in meaningful pro bono work, which is very important to the firm.

Opportunities

Working as a lawyer is very different to studying law and the clerkship program at Lipman Karas really helps to bridge that gap by providing invaluable training, in particular in effective research methodology and writing. Research undertaken at Lipman Karas is incredibly thorough and can often involve unique points of law in various jurisdictions. Following twisted pathways of the development of various sections of legislation from their roots in the United Kingdom to their present application and interpretation in other jurisdictions is something that I have found really interesting. Clerks are also taught how to draft in a way that can ultimately feed into legal submissions or letters of advice – it is very rewarding for junior practitioners to see their work product really take on a practical application.

Throughout the year the firm offers a number of professional development opportunities including presentations by senior practitioners, former members of the Judiciary and industry experts, as well as offering well-being seminars on a range of topics.

LK is a major supporter of the Art Gallery of South Australia, Adelaide Biennial of Australian Art, Ramsay Art Prize People’s Choice Award, Loreto SpringART and Sanaa: A Better World Through Creativity. The firm has a substantial collection of indigenous and contemporary Australian art that is showcased in each of our offices.

The firm also supports a variety of community programs including the Mary Magdalene Drop-In Centre, Musica Viva, Dress for Success, Operation Flinders, Ice Factor and Room to Read.

Firm Culture

The one thing that struck me from the moment I started at Lipman Karas was how approachable and supportive all of the other practitioners are. The firm culture is very collaborative and there is no purposeful hierarchical distinction between the practitioners of varying levels. Principals work alongside more junior practitioners on all types of matters. Our three offices also work quite closely together, and I have been able to develop strong working relationships with my colleagues overseas through the use of various technologies as well as occasional travel. To be able to work with colleagues from a diverse range of backgrounds with experience in a number of different jurisdictions has been invaluable to my professional development.

At Lipman Karas we work in cohesive groups based on the principles of teamwork, objectivity, creativity, integrity and unflinching determination.

Through years of specialisation, we have developed the LK method, instilled across our offices and projects. This approach to practice has enabled us to consistently deliver extraordinary results for our clients and help our lawyers develop into strong advocates.

Our method is to investigate and assess the merits of potential cases early and efficiently, with the benefit of decades of trial experience. We then formulate a case for effective presentation at a hearing from the outset. The focus is to deliver robust advice supported by clinical analysis.

Our Method

This involves the application of highly developed forensic and accounting skills in gathering, analysing and presenting complex materials in a cogent and persuasive way. Many of our team members have financial or analytical backgrounds. This expertise, combined with our investment in technology, enables us to quickly cut to the heart of issues.

We work closely with our clients and other professionals on all aspects of the investigation, analysis, strategy, presentation and resolution of legal claims to achieve outstanding results.

Above all, we strive for excellence and are committed to the pursuit of superior outcomes for our clients.

Lipman Karas comprises over 80 professionals working across our offices in Australia, Hong Kong and London.

Our team members are selectively recruited for their superior skills, drive and commitment to excellence. We invest significant resources in developing and nurturing our team. As such, we have exceptional team retention and steady growth, ensuring stability and continuity for our clients.

LK has an established training program, and our lawyers are encouraged to attend seminars and workshops to stay up-to-date with the latest legal and industry developments.

We also encourage the pursuit of post-graduate study and/or Associateships to Justices of the Supreme and Federal Courts.

We carefully put together optimal teams for each of our projects by combining specialist skills, experience and local knowledge. Each member of our team is integral to delivering outstanding results for our clients and ensuring that we exceed their expectations.

Lawyers who are self-motivated, and possess strong analytical, technical, communication and interpersonal skills excel at LK. The highest personal integrity is essential. In return LK offers consistently challenging work on projects that are exceptional for their size, complexity and geographic reach.

Our Team

Close collaboration is not only the key to Lipman Karas’ ability to deliver outstanding services, but also the reason we enjoy a strong firm ethos and culture. Teamwork is an absolute priority and strong working relationships are a feature of our projects.

LK’s social calendar includes regular Friday night drinks, Adelaide Fringe and Festival events, mid-year and end of year celebrations, sporting teams and a book club.

We promote a balanced lifestyle for all team members and support flexible working arrangements to assist them in achieving both career and life goals, whether family, sporting, musical or other extra-curricular pursuits.

LK is committed to promoting equal opportunity for all and we have been recognised internationally over many years for our innovation, promotion and accommodation of flexible working arrangements. In particular in the Euromoney Women in Business Law Awards, LK has received awards for Best Adelaide Firm, Best Firm for Talent Management in Australia and in Asia, Best Gender Diversity Initiative by an International Firm and Best International Firm for Work Life Balance.

I had a less traditional start to my legal career. I studied a degree in International Studies straight out of high school, spent a number of years in federal government roles followed by a stint in hospitality, and was married and had two children before I finally decided to undertake that law degree I had thought about doing for many years.

In February 2015 I commenced a clerkship at Lipman Karas having no idea that I would still be at the firm some five years later as a Senior Associate.

Working at Lipman Karas

When I started at Lipman Karas I had not really grasped the truly international nature of the work undertaken by the firm and the significance of some of the projects the firm is involved in (some of which I had only just learnt about at university).

For the majority of my time at Lipman Karas I have been involved in a large and complex international matter relating to a significant commercial fraud. The proceedings stemming from this fraud include multiple actions relating to areas such as company law, audit and professional negligence, international law and director liability.

This matter has provided me with experience in dealing with a range of different types of proceedings (including appeals). I have also had the opportunity to travel on a number of occasions for this matter and to meet with my overseas colleagues and counsel. I feel very fortunate to have the opportunity to work on large-scale international litigation and obtain experience in jurisdictions such as Hong Kong, the United Kingdom and the Cayman Islands, all while being based in Adelaide. Another benefit of being involved in such significant litigation is

Our Culture Insight from an LK Senior Associate – Brooke HowardOur Firm in the Community

Contributing to our wider communities is an integral part of Lipman Karas’ culture. We actively engage in the work of the many causes we support, including access to justice initiatives, the contemporary arts, programs for some of the most vulnerable members of our community and educational and cultural programs involving indigenous communities.

LK supports a number of activities and organisations focused on ensuring access to justice by all members of the community, including the South Australian Magistrates Court Legal Advice Service, JusticeNet and the Refugee Advocacy Service of South Australia.

LK is committed to creating opportunities for indigenous youth, including supporting Yalari, an organisation that coordinates secondary education scholarships at Australia’s leading boarding schools, as well as the Aboriginal Law Studies Program through the Law Society of South Australia, The Aboriginal Law Student Mentoring Program, The Orana Foundation, the Nature Foundation of South Australia, Kids on Country Program and the Indigenous Art Council.

the opportunity to work with some of the best litigators, barristers and experts from around the globe.

As well as working on large international matters, I have had the opportunity to work on more local matters. To a certain extent, there is scope at Lipman Karas to work on a range of matters of varying scale, in a number of jurisdictions in both Australia and overseas. Lipman Karas also offers a number of opportunities for practitioners to be involved in meaningful pro bono work, which is very important to the firm.

Opportunities

Working as a lawyer is very different to studying law and the clerkship program at Lipman Karas really helps to bridge that gap by providing invaluable training, in particular in effective research methodology and writing. Research undertaken at Lipman Karas is incredibly thorough and can often involve unique points of law in various jurisdictions. Following twisted pathways of the development of various sections of legislation from their roots in the United Kingdom to their present application and interpretation in other jurisdictions is something that I have found really interesting. Clerks are also taught how to draft in a way that can ultimately feed into legal submissions or letters of advice – it is very rewarding for junior practitioners to see their work product really take on a practical application.

Throughout the year the firm offers a number of professional development opportunities including presentations by senior practitioners, former members of the Judiciary and industry experts, as well as offering well-being seminars on a range of topics.

LK is a major supporter of the Art Gallery of South Australia, Adelaide Biennial of Australian Art, Ramsay Art Prize People’s Choice Award, Loreto SpringART and Sanaa: A Better World Through Creativity. The firm has a substantial collection of indigenous and contemporary Australian art that is showcased in each of our offices.

The firm also supports a variety of community programs including the Mary Magdalene Drop-In Centre, Musica Viva, Dress for Success, Operation Flinders, Ice Factor and Room to Read.

Firm Culture

The one thing that struck me from the moment I started at Lipman Karas was how approachable and supportive all of the other practitioners are. The firm culture is very collaborative and there is no purposeful hierarchical distinction between the practitioners of varying levels. Principals work alongside more junior practitioners on all types of matters. Our three offices also work quite closely together, and I have been able to develop strong working relationships with my colleagues overseas through the use of various technologies as well as occasional travel. To be able to work with colleagues from a diverse range of backgrounds with experience in a number of different jurisdictions has been invaluable to my professional development.

At Lipman Karas we work in cohesive groups based on the principles of teamwork, objectivity, creativity, integrity and unflinching determination.

Through years of specialisation, we have developed the LK method, instilled across our offices and projects. This approach to practice has enabled us to consistently deliver extraordinary results for our clients and help our lawyers develop into strong advocates.

Our method is to investigate and assess the merits of potential cases early and efficiently, with the benefit of decades of trial experience. We then formulate a case for effective presentation at a hearing from the outset. The focus is to deliver robust advice supported by clinical analysis.

Our Method

This involves the application of highly developed forensic and accounting skills in gathering, analysing and presenting complex materials in a cogent and persuasive way. Many of our team members have financial or analytical backgrounds. This expertise, combined with our investment in technology, enables us to quickly cut to the heart of issues.

We work closely with our clients and other professionals on all aspects of the investigation, analysis, strategy, presentation and resolution of legal claims to achieve outstanding results.

Above all, we strive for excellence and are committed to the pursuit of superior outcomes for our clients.

Lipman Karas comprises over 80 professionals working across our offices in Australia, Hong Kong and London.

Our team members are selectively recruited for their superior skills, drive and commitment to excellence. We invest significant resources in developing and nurturing our team. As such, we have exceptional team retention and steady growth, ensuring stability and continuity for our clients.

LK has an established training program, and our lawyers are encouraged to attend seminars and workshops to stay up-to-date with the latest legal and industry developments.

We also encourage the pursuit of post-graduate study and/or Associateships to Justices of the Supreme and Federal Courts.

We carefully put together optimal teams for each of our projects by combining specialist skills, experience and local knowledge. Each member of our team is integral to delivering outstanding results for our clients and ensuring that we exceed their expectations.

Lawyers who are self-motivated, and possess strong analytical, technical, communication and interpersonal skills excel at LK. The highest personal integrity is essential. In return LK offers consistently challenging work on projects that are exceptional for their size, complexity and geographic reach.

Our Team

Close collaboration is not only the key to Lipman Karas’ ability to deliver outstanding services, but also the reason we enjoy a strong firm ethos and culture. Teamwork is an absolute priority and strong working relationships are a feature of our projects.

LK’s social calendar includes regular Friday night drinks, Adelaide Fringe and Festival events, mid-year and end of year celebrations, sporting teams and a book club.

We promote a balanced lifestyle for all team members and support flexible working arrangements to assist them in achieving both career and life goals, whether family, sporting, musical or other extra-curricular pursuits.

LK is committed to promoting equal opportunity for all and we have been recognised internationally over many years for our innovation, promotion and accommodation of flexible working arrangements. In particular in the Euromoney Women in Business Law Awards, LK has received awards for Best Adelaide Firm, Best Firm for Talent Management in Australia and in Asia, Best Gender Diversity Initiative by an International Firm and Best International Firm for Work Life Balance.

I had a less traditional start to my legal career. I studied a degree in International Studies straight out of high school, spent a number of years in federal government roles followed by a stint in hospitality, and was married and had two children before I finally decided to undertake that law degree I had thought about doing for many years.

In February 2015 I commenced a clerkship at Lipman Karas having no idea that I would still be at the firm some five years later as a Senior Associate.

Working at Lipman Karas

When I started at Lipman Karas I had not really grasped the truly international nature of the work undertaken by the firm and the significance of some of the projects the firm is involved in (some of which I had only just learnt about at university).

For the majority of my time at Lipman Karas I have been involved in a large and complex international matter relating to a significant commercial fraud. The proceedings stemming from this fraud include multiple actions relating to areas such as company law, audit and professional negligence, international law and director liability.

This matter has provided me with experience in dealing with a range of different types of proceedings (including appeals). I have also had the opportunity to travel on a number of occasions for this matter and to meet with my overseas colleagues and counsel. I feel very fortunate to have the opportunity to work on large-scale international litigation and obtain experience in jurisdictions such as Hong Kong, the United Kingdom and the Cayman Islands, all while being based in Adelaide. Another benefit of being involved in such significant litigation is

Our Culture Insight from an LK Senior Associate – Brooke HowardOur Firm in the Community

Contributing to our wider communities is an integral part of Lipman Karas’ culture. We actively engage in the work of the many causes we support, including access to justice initiatives, the contemporary arts, programs for some of the most vulnerable members of our community and educational and cultural programs involving indigenous communities.

LK supports a number of activities and organisations focused on ensuring access to justice by all members of the community, including the South Australian Magistrates Court Legal Advice Service, JusticeNet and the Refugee Advocacy Service of South Australia.

LK is committed to creating opportunities for indigenous youth, including supporting Yalari, an organisation that coordinates secondary education scholarships at Australia’s leading boarding schools, as well as the Aboriginal Law Studies Program through the Law Society of South Australia, The Aboriginal Law Student Mentoring Program, The Orana Foundation, the Nature Foundation of South Australia, Kids on Country Program and the Indigenous Art Council.

the opportunity to work with some of the best litigators, barristers and experts from around the globe.

As well as working on large international matters, I have had the opportunity to work on more local matters. To a certain extent, there is scope at Lipman Karas to work on a range of matters of varying scale, in a number of jurisdictions in both Australia and overseas. Lipman Karas also offers a number of opportunities for practitioners to be involved in meaningful pro bono work, which is very important to the firm.

Opportunities

Working as a lawyer is very different to studying law and the clerkship program at Lipman Karas really helps to bridge that gap by providing invaluable training, in particular in effective research methodology and writing. Research undertaken at Lipman Karas is incredibly thorough and can often involve unique points of law in various jurisdictions. Following twisted pathways of the development of various sections of legislation from their roots in the United Kingdom to their present application and interpretation in other jurisdictions is something that I have found really interesting. Clerks are also taught how to draft in a way that can ultimately feed into legal submissions or letters of advice – it is very rewarding for junior practitioners to see their work product really take on a practical application.

Throughout the year the firm offers a number of professional development opportunities including presentations by senior practitioners, former members of the Judiciary and industry experts, as well as offering well-being seminars on a range of topics.

LK is a major supporter of the Art Gallery of South Australia, Adelaide Biennial of Australian Art, Ramsay Art Prize People’s Choice Award, Loreto SpringART and Sanaa: A Better World Through Creativity. The firm has a substantial collection of indigenous and contemporary Australian art that is showcased in each of our offices.

The firm also supports a variety of community programs including the Mary Magdalene Drop-In Centre, Musica Viva, Dress for Success, Operation Flinders, Ice Factor and Room to Read.

Firm Culture

The one thing that struck me from the moment I started at Lipman Karas was how approachable and supportive all of the other practitioners are. The firm culture is very collaborative and there is no purposeful hierarchical distinction between the practitioners of varying levels. Principals work alongside more junior practitioners on all types of matters. Our three offices also work quite closely together, and I have been able to develop strong working relationships with my colleagues overseas through the use of various technologies as well as occasional travel. To be able to work with colleagues from a diverse range of backgrounds with experience in a number of different jurisdictions has been invaluable to my professional development.

At Lipman Karas we work in cohesive groups based on the principles of teamwork, objectivity, creativity, integrity and unflinching determination.

Through years of specialisation, we have developed the LK method, instilled across our offices and projects. This approach to practice has enabled us to consistently deliver extraordinary results for our clients and help our lawyers develop into strong advocates.

Our method is to investigate and assess the merits of potential cases early and efficiently, with the benefit of decades of trial experience. We then formulate a case for effective presentation at a hearing from the outset. The focus is to deliver robust advice supported by clinical analysis.

Our Method

This involves the application of highly developed forensic and accounting skills in gathering, analysing and presenting complex materials in a cogent and persuasive way. Many of our team members have financial or analytical backgrounds. This expertise, combined with our investment in technology, enables us to quickly cut to the heart of issues.

We work closely with our clients and other professionals on all aspects of the investigation, analysis, strategy, presentation and resolution of legal claims to achieve outstanding results.

Above all, we strive for excellence and are committed to the pursuit of superior outcomes for our clients.

Lipman Karas comprises over 80 professionals working across our offices in Australia, Hong Kong and London.

Our team members are selectively recruited for their superior skills, drive and commitment to excellence. We invest significant resources in developing and nurturing our team. As such, we have exceptional team retention and steady growth, ensuring stability and continuity for our clients.

LK has an established training program, and our lawyers are encouraged to attend seminars and workshops to stay up-to-date with the latest legal and industry developments.

We also encourage the pursuit of post-graduate study and/or Associateships to Justices of the Supreme and Federal Courts.

We carefully put together optimal teams for each of our projects by combining specialist skills, experience and local knowledge. Each member of our team is integral to delivering outstanding results for our clients and ensuring that we exceed their expectations.

Lawyers who are self-motivated, and possess strong analytical, technical, communication and interpersonal skills excel at LK. The highest personal integrity is essential. In return LK offers consistently challenging work on projects that are exceptional for their size, complexity and geographic reach.

Our Team

AU ST R A L I A . H O N G KO N G . LO N D O N

Lipman Karas is an international investigative legal practice, with a focus on complex disputes.

We concentrate on:

• Difficult and sensitive commercial litigation

• International commercial arbitration

• Insolvency and asset recovery, including complex cross-border disputes

• Audit and other professional negligence

• Independent corporate and regulatory investigations

• Dispute avoidance and mediation

• Risk minimisation and governance advice

A career at Lipman Karas provides opportunities and experiences that are unrivalled in Australia.

Our Firm

Lipman Karas has acted in some of the largest and most complex disputes internationally, including leading successful appeals in the highest courts and tribunals.

Many of our projects involve actions in multiple jurisdictions, including throughout Asia, the United Kingdom, Continental Europe, the United States, the Middle East and all the major offshore jurisdictions. As such, we are very experienced with the various jurisdictional, enforcement and logistical issues that arise in this context.

We are dedicated to achieving extraordinary outcomes for clients, through the single-minded pursuit of their interests and by striving for excellence in everything we do.

Examples of our higher profile projects include:

• Royal Adelaide HospitalRepresenting the Government of South Australia in arbitration and other proceedings concerning the AU$2.5 billion public private partnership arrangements for the design, construction and operation of the State’s new major health facility.

• Bell GroupRepresenting the liquidator in asset recovery litigation and appeals arising from the collapse of the Bell Group of companies against 20 global banks, leading to the settlement of AU$2.9 billion in favour of liquidators, creditors and bond holders.

• Adelaide Brighton Limited Representing an Australian publicly listed company, Adelaide Brighton, in relation to a multi-million dollar fraud perpetrated against the company by one of its former employees, assisting with the forensic investigation into the scope and effect of the fraud, liaising with the authorities regarding possible offences and successfully pursuing recovery proceedings against the beneficiary of the fraud.

• Carlyle Capital CorporationRepresenting the liquidators in claims arising from the collapse of a US$22 billion listed RMBS investment fund in the Channel Islands and United States.

• China Medical Technologies Representing the Hong Kong and Cayman Island liquidators of China Medical Technologies, a NASDAQ listed medical technology company, which collapsed following the alleged theft of US$500 million by senior management through concealed related party transactions. Leading

We undertake some of the most challenging, complex and high profile litigation, arbitration and other dispute resolution across the world.

investigations of claims against the company’s auditors, directors, legal advisors and two banks through which the stolen funds were laundered.

• Akai HoldingsRepresented the court appointed liquidators in investigations and successful litigation in Hong Kong, England, Bermuda and the US arising from Hong Kong’s then largest corporate collapse.

• Al Gosaibi Leading asset recovery investigations and litigation against Maan Al Sanea and his Saad Group concerning a US$9.2 billion fraud in the Cayman Islands and the Middle East.

• Madoff Feeder FundsLead global counsel for Kingate Global and Euro Funds on investigations and litigation in Bermuda, BVI and the US arising from the Madoff Ponzi Scheme.

• South Australian Auditor General’s Department Advising on various examinations, reviews and investigations undertaken by the South Australian Auditor-General’s Department pursuant to the Public Finance and Audit Act 1987 (SA) (PFA Act) involving local government, privatisation transactions and public land developments.

• Other Major Projects include director liability and auditor negligence investigations, and litigation arising from the collapses of listed companies, including Moulin Global, Megan Media Group (Malaysia), Orient Power, 3D-Gold, Ocean Grand, Sino Forest Corporation, China Forestry, Galleria Group, Sunlink, Great Southern, Duke Group, One.Tel, HIH Royal Commission and Bond Corporation.

Our Projects and Track Record

Lipman Karas offers clerkships to penultimate and final year students who have demonstrated academic excellence and practical ability and who through their studies and extracurricular activities show a commitment to the highest levels of achievement.

Our clerkship program is progressive, flexible and adaptable to the individual’s needs. Talented, energetic and committed clerks are provided with a unique opportunity to develop their professional careers and personal skills in a rewarding team environment.

Clerks at Lipman Karas experience a diverse range of professional and practical tasks. Our team-based approach ensures direct contact and communication with principals and senior members of Lipman Karas.

We offer up to 20 clerkship placements annually during summer and winter university holidays.

Lipman Karas also accepts applications all year round and may offer additional clerkships to outstanding candidates who apply after the primary round of offers.

Please visit our website for details regarding the application process, including key dates.

Our Clerkship Program Applications

We incorporate practical and academic based activities into our clerkship program so that successful candidates will experience varied and challenging work, including:

• Detailed factual and legal analysis

• Drafting and presenting research memoranda and advice to senior practitioners

• Preparing court documents

• Involvement in all facets of case preparation

• Assistance in preparing client documents

Clerks also experience the practical side of working in a law firm, receive training on our office procedures and resources and participate in legal education.

Clerkships at Lipman Karas continue to be an important career pathway, with many of our clerks joining the firm as graduate lawyers once admitted.

From a career perspective, Lipman Karas offers practitioners a chance to work on commercial matters that are unique in both magnitude and complexity. We compete actively and successfully with national firms for the most significant and challenging projects.

W W W. L I P M A N K A R AS .C O M

Holborn Gate, 26 Southampton Buildings, London WC2A 1AN T +44 20 7400 2180

Level 23, 25 Grenfell Street, Adelaide SA 5000 Australia T +61 8 8239 4600

Level 23, Three Pacific Place, 1 Queen’s Road East,Hong Kong T +852 3761 3900