Compact was established by Grant Holley and Tim Nethercote in March 1995.
In 1994, Grant Holley was a member of the Victorian Bar providing legal advice and advocacy services to solicitors and their clients. His practice was primarily commercial and corporate based involving representation of many medium to large sized corporations in courts and tribunals at all levels.
One of the solicitors who regularly briefed him was Tim Nethercote who was practising as a solicitor with Henty Jepson & Kelly in the Melbourne CBD. In this capacity, Tim was responsible for looking after the legal interests of commercial clients; primarily being a bank and insurance company.
In the second half of 1994, Grant and Tim started exploring the idea of establishing a business with a specific focus on preventative law. In other words, proactively seeking to prevent legal problems arising and trying to keep clients out of court. With Tim's teaching background and Grant's experience as an occasional lecturer, this focus extended beyond legal practice to the establishment of a business with a "legal awareness" training focus. Again the focus was to assist companies and other organisations avoid the costs, stress and time involved in legal disputes and litigation by providing relevant, practical, interactive and enjoyable training.
After considerable planning, Grant and Tim established two businesses in March 1995:
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