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The top end of the Australian legal market will become so competitive with the arrival of Magic Circle firm Allen & Overy that top-tier firms will become "like seagulls fighting over chips",…
The top end of the Australian legal market will become so competitive with the arrival of Magic Circle firm Allen & Overy that top-tier firms will become "like seagulls fighting over chips", according to Sparke Helmore managing partner Jesse Webb.
"It's a tight market as it is with the top eight firms. There is only so much work to go around so I think it will certainly place some pressure on those firms operating in that area," he said.
Webb's comment is in contrast to those offered by many top-tier firms, whose general sentiments have reflected a lack of concern in relation to their market position and client retention.
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