The new top man brings a broad range of skills to the job, said Tim Bednall, Mallesons chairman.

"He has been a key member of the management team for five years and understands intimately the firm, its clients and the international markets in which we operate."Milliner and Fuller will work together between now and 1 January next year to fully prepare Fuller for the role, and hand over all responsibilities.

Milliner said the firm has a clear strategy for its future growth. "I am confident that, under Stuart’s leadership, the firm will continue the significant momentum that we have within the firm.” 

Fuller joined Mallesons in 1990. He was made a partner in 1997, and became managing partner in 2006. 

Fuller has led a number of key initiatives around the firm’s clients and practice, the firm said in a statement. This has included the firm's initiatives in financial market regulation and energy and resources, as well as its international practice.  In addition to his management role, Fuller has specialised in securitisation and structured finance and is the current chairman of the Australian Securitisation Forum.

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Fuller said: “I’m very excited by the opportunity to continue to work with everyone in the firm, and our clients, to take forward the firm’s strategic direction.  The firm is in a terrific position, and I plan to lead a team that is restless and relentless about achieving our next goals.  I am humbled by the confidence placed in me by my partners to lead the firm over the next period.” 

The partners approved the appointment at a meeting on 30 March 2011, following a short selection process that took place in accordance with the firm's long-term succession planning.