find the latest legal job
Part Time Risk & Compliance Officer
Category: Other | Location: Brisbane QLD 4000
· Brisbane City · Flexible Part Time Hours
View details
Infrastructure Lawyer/SA
Category: Construction Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Global elite law firm · Dedicated Infrastructure team
View details
Property Lawyer
Category: Property Law | Location: All Melbourne VIC
· 12 Month Contract · Diverse Work
View details
In-House Legal Counsel (Mid to Senior)| Regulated Markets (Energy and Gas)
Category: Generalists - In House | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Full PD on Request · Exciting High Impact Role
View details
Family Lawyer
Category: Family Law | Location: Eastern Suburbs Melbourne VIC
· Boutique Firm · Great Reputation
View details
Abbott Tout finds new Home

Abbott Tout finds new Home

NATIONAL COMMERCIAL law firm Home Wilkinson Lowry (HWL) has announced a merger with Abbott Tout Lawyers effective from 2 April 2007. HWL has a strong presence in Melbourne while Abbott Tout is…

NATIONAL COMMERCIAL law firm Home Wilkinson Lowry (HWL) has announced a merger with Abbott Tout Lawyers effective from 2 April 2007.

HWL has a strong presence in Melbourne while Abbott Tout is well known in Sydney so the merger should assist each in extending their reach over the eastern seaboard.

The merger will create a substantial mid-tier law firm with a projected turnover of $70 million a year and profitability among the top 10 per cent of all law firms in Australia.

The merged firm will focus on corporate, property and commercial law and Abbott Tout will offload its high-volume CTP practice to another law firm. Senior partners in the CTP practice are considering a number of options and are currently in discussions with potential firms, but declined to name which ones.

Juan Martinez, managing partner at HWL, predicts the legal industry will see an increasing number of similar mergers in the future.

“I think the interesting part is that it really shows where the legal market’s going — there’s going to be a consolidation of firms moving forward with more specific strategic focuses,” he said.

“I think firms will start working out what they want to be and how they want to get there and will consolidate in terms of their individual positioning. Significant practices will come together and make decisions about how they want to be perceived in the market.”

The merged organisation will practise under the name Home Wilkinson Lowry (incorporating Abbott Tout Lawyers). While both firms are similar in size, the decision to use HWL’s name was based on its stronger presence in Melbourne and Brisbane.

“On a fair analysis I think that we all agree that we’re the firm with the more significant national presence. For whilst Abbott Tout is very important strategically in Sydney, their presence in the Brisbane and Melbourne markets isn’t so significant, so I think on balance we thought it was a better strategic move to go with HWL brand,” Martinez said.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Abbott Tout finds new Home
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Law Council of Australia
Nov 21 2017
LCA calls for urgent adoption of ‘game-changing’ recommendation
The Law Council of Australia has urged for the immediate adoption of a key recommendation put forwar...
Sally Wheeler
Nov 20 2017
ANU College of Law appoints new dean
A distinguished legal academic and the former head of law of a higher education institution in Irela...
Violence
Nov 17 2017
It's time for politicians to commit to eradicating domestic violence
The national shame of domestic violence cannot be left unaddressed, writes Christine Smyth. ...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...