Global dispute resolution funder Vannin Capital is the first professional funder to sign up to the Law Council of Australia’s National Model Gender Equitable Briefing Policy, which sets out to achieve a level playing field for all members of the Australian legal profession.
Vannin's team in Sydney and Melbourne join a number of legal and corporate heavyweights who have also signed up to the Policy, including Allens Linklaters, Ashurst, Baker McKenzie, Corrs Chambers Westgarth, Clayton Utz, DLA Piper, Herbert Smith Freehills, King & Wood Mallesons, Norton Rose Fulbright, Telstra, Westpac and Woolworths Group.
"As an organisation that encourages diversity and inclusiveness in all aspects of its work, we are extremely committed to achieving the Law Council’s measurable targets and reporting mechanisms. This is such an important issue to support" said Pip Murphy, Director of Investments at Vannin based in Melbourne.
The Policy was adopted by the Directors of the Law Council of Australia on 18 June 2016 and is a major step for the legal profession towards the goal of improving the briefing of women barristers across the country. It includes interim and long term targets with the ultimate aim of briefing women in at least 30 per cent of all matters and paying 30 per cent of the value of all brief fees by 2020.
"It is fantastic to see Vannin Capital supporting equitable briefing in Australia, paving the way for other professional funders to join this initiative," said Fiona McLeod SC, President of the Law Council of Australia.
The Policy is intended to drive cultural change within the legal profession, support the progression and retention of women barristers, and address the significant pay gap and underrepresentation of women in the superior courts.
Vannin Capital team in Australia:
ABOUT VANNIN CAPITAL
Founded in 2010, Vannin Capital PCC is one of the world’s largest and most experienced international dispute resolution funders with quantum under management consistently in the billions. Vannin provides bespoke funding solutions in meritorious, high value commercial litigation and international arbitration disputes which can eliminate the inherent cost risks of legal proceedings. A trusted partner to major corporates and top tier law firms around the world, Vannin not only commits finance to the cases it invests in, but also first-class seasoned litigators and international arbitrators who offer collaborative and personal case management solutions. With teams in London, Melbourne, Paris, Sydney and Washington, D.C., Vannin is able to provide coverage of the key international litigation and arbitration centres, and regularly fund cases across multiple jurisdictions. For more information about Vannin, visit: www.vannin.com.
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