Axiom names new Australian MD
Alternative legal services provider Axiom has appointed a new managing director and country head for its Australian operations.
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Jacob Flax (pictured) has been appointed as the new managing director and country head of Axiom Australia. The move, the ALSP said in a statement, furthers its commitment to providing high-quality, flexible legal talent on demand to Australian in-house legal teams.
Flax has come across from Gerson Lehrman Group (GLG) Australia, where he served as senior vice-president for that company’s Australian business operations. He has also held roles at BT Financial Group, Bloomberg LP, Deloitte Australia, Accenture, and PwC.
The appointment comes, Axiom espoused, at a time when GCs and in-house legal teams are facing significant operational and regulatory obstacles. It also follows Axiom’s acquisition of Plexus Engage nearly two years ago.
A series of recent regional GC surveys, conducted by Wakefield Research and commissioned by Axiom, have found that:
- Nearly 90 per cent of regional GCs are concerned their legal department won’t be able to invest in the necessary talent and resources due to economic volatility in 2024.
- Over 95 per cent said their legal departments don’t have the necessary legal resources in-house to do their jobs effectively.
- More than 80 per cent said it’s difficult for their legal departments to hire the right legal talent to address their needs.
“He’s absolutely the right person to lead our business on the continent, and I’m thrilled to welcome him to the global Axiom leadership team.”
Pierce appeared on The Corporate Counsel Show earlier this year to discuss the myriad workload concerns for GCs.
Flax said: “General counsel and in-house legal teams are facing a unique set of challenges – from tightening budgets and fierce competition for legal talent to mounting regulatory complexity.”
The mandate is clear, he said: “They must achieve more with fewer resources, without sacrificing quality or results.
“Axiom’s mission is to deliver unparalleled value and innovation to in-house legal departments so they can optimise their resourcing and actually do more for less. Our track record of uniting top-tier legal talent with discerning clients means we can help legal leaders simplify their workflow management and navigate this unforgiving landscape.
“I’m eager to collaborate with our extraordinary clients and our exceptional team to help GCs achieve more for less across the region.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
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