LAW PARTNERSHIP – AUSTRALIA

Lawyers fear slowdown after Hayne sugar hit

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Original article by Michael Pelly, Edmund Tadros
The Australian Financial Review – Page: 34 : 28-Jun-19

The latest Law Partnership Survey shows that the number of partners at participating firms has increased by 2.8 per cent in the first half of 2019, and by 3.2 per cent in the last year. Meanwhile, Herbert Smith Freehills and Allens are among the firms that have recorded strong growth in non-partner fee-earners in the last six months. Some lawyers are upbeat about the outlook for the legal services sector, noting that law firms are continuing to gain work in the aftermath of the financial services royal commission.

CORPORATES
HERBERT SMITH FREEHILLS PTY LTD, ALLENS, AUSTRALIA. ROYAL COMMISSION INTO MISCONDUCT IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES INDUSTRY, KING AND WOOD MALLESONS, ARNOLD BLOCH LEIBLER, DLA PIPER, LANDER AND ROGERS, CLAYTON UTZ, MINTER ELLISON, CORRS CHAMBERS WESTGARTH, MILLS OAKLEY LAWYERS PTY LTD, JOHNSON WINTER AND SLATTERY, KPMG AUSTRALIA PTY LTD

Freehills leads on promoting women partners

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Original article by Michael Pelly, Edmund Tadros
The Australian Financial Review – Page: 31 : 6-Jul-18

Law firms taking part in the annual "Australian Financial Review" Law Partnership Survey added 290 partners in the first six months of 2018, of which 126 were women. A total of 43 firms appointed new partners, with HWL Ebsworth Lawyers adding the most. Herbert Smith Freehills promoted eight women to the role of partner, but it did not promote any men. Richard Spurio of Allens said its target for women to comprise at least 35 per cent of its partners was achieved in 2017, five years ahead of schedule.

CORPORATES
HWL EBSWORTH PTY LTD, HERBERT SMITH FREEHILLS PTY LTD, ALLENS, MORAY AND AGNEW, MADDOCKS, MACPHERSON AND KELLEY LAWYERS PTY LTD, ASHURST AUSTRALIA, COLIN BIGGERS AND PAISLEY

Salaries take a dive as profits fall

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Original article by Katie Walsh
The Australian Financial Review – Page: 32 : 31-Jul-15

Data from Mahlab Recruitment shows that Australian lawyers’ salaries have risen by an average of 3.4 per cent in 2015, compared with 3.8 per cent growth in 2014. A Mahlab report also notes that the salaries of partners at some leading law firms have fallen significantly in the last three years. Meanwhile, the growing trend for top law firms to merger with offshore peers has prompted some partners to leave and join smaller firms that have stayed independent.

CORPORATES
MAHLAB RECRUITMENT, HERBERT SMITH FREEHILLS PTY LTD, KING AND WOOD MALLESONS, ASHURST AUSTRALIA, ALLENS, K&L GATES LLP, NORTON ROSE FULBRIGHT AUSTRALIA, DLA PIPER, LINKLATERS LLP

Women dominant in senior ranks, next step still to come

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Original article by Marianna Papadakis
The Australian Financial Review – Page: 34 : 3-Jul-15

Women account for 24 per cent of partners at the law firms that participated in the 2015 law partnership survey of "The Australian Financial Review". However, female lawyers comprise more than 60 per cent of senior associates at these firms. Some 66 per cent of senior associates at Corrs Chambers Westgarth are women, while 64 per cent at Herbert Smith Freehills are women.

CORPORATES
CORRS CHAMBERS WESTGARTH, HERBERT SMITH FREEHILLS PTY LTD, NORTON ROSE FULBRIGHT AUSTRALIA, SEYFARTH SHAW LLP, ALLENS

Market up but lawyers still cautious

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Original article by Hannah Low
The Australian Financial Review – Page: 37 : 27-Jun-14

The Australian legal services market is beginning to recover from the effects of the global financial crisis. A survey of 35 law firms revealed that a net 550 new employees were hired in the six months from January 2014. The figures show that there is significant movement within the sector, with over 950 leaving and over 1,500 lawyers joining the firms. There were 97 internal partner promotions and 118 lateral appointments

CORPORATES
CLAYTON UTZ, HWL EBSWORTH PTY LTD, KING AND WOOD MALLESONS, ALLENS, MINTER ELLISON

Women partners stalemate

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Original article by Nicola Berkovic
The Australian – Page: 31 : 27-Jun-14

The new partnership survey by Beaton Research + Consulting for "The Australian" shows little to no improvement in the area of discrimination against female lawyers at the leading law firms. The ratio of female partners increased only from 21.5% to 22% during 2013, while that of equity partners fell from 17.5% to 17.4%. Australian Women Lawyers patron and Family Court chief justice Diana Bryant says quotas should be rolled out to address the imbalance. K&L Gates has lifted the share of female partners from just 6% to 22.4% over four years. While Gilbert +Tobin continues to lead with a ratio of 32.6% among equity partners, this is actually a fall from 36.5% since 2009. In terms of salaried partners TressCox Lawyers scores highest with 39.2%

CORPORATES
BEATON RESEARCH AND CONSULTING PTY LTD, FAMILY COURT OF AUSTRALIA, AUSTRALIAN WOMEN LAWYERS, K&L GATES LLP, GILBERT AND TOBIN LAWYERS, TRESSCOX, SWAAB ATTORNEYS, BANKI HADDOCK FIORA, SEYFARTH SHAW LLP, HIVE LEGAL PTY LTD, MINTER ELLISON, SQUIRE PATTON BOGGS, COOPER GRACE WARD, WOTTON AND KEARNEY, ALLENS, GRIFFITH HACK LAWYERS PTY LTD, HOPGOOD GANIM, McCULLOUGH ROBERTSON