find the latest legal job
Senior Associate - Competition, Policy & Regulatory
Category: Other | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Work with a well regarded Partner · Sydney CBD
View details
Commercial Litigation Senior Associate
Category: Litigation and Dispute Resolution | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Lawyers Weekly Australia Partner of the Year 2016, Insolvency
View details
MULTIPLEX Regional Legal Counsel (Vic) | 7 to 10 years + PQE
Category: Generalists - In House | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Career defining in-house role · Tier One international contractor
View details
Junior Lawyer - Personal Injury Law
Category: Personal Injury Law | Location: Parramatta & Western Suburbs Sydney NSW
· Highly specialized practice · Challenging role with great opportunities
View details
IR Advisor/Member Advocate
Category: Industrial Relations and Employment Law | Location: St Leonards NSW 2065
· Permanent (0.8-1.0 FTE) role in a developing team
View details
Minters calls for better access to international clients

Minters calls for better access to international clients

UNNECESSARY regulatory restrictions are standing in the way of domestic law firms boosting the value of their earnings overseas, according to an international trade expert.


“There are certainly limitations on the kind of business we can do in potentially important overseas markets,” Iain Sandford, head of Minter Ellison’s international trade group told The New Lawyer.

The firm’s chief executive partner, John Weber, also said that in order to deliver efficient services in the new globalised environment, there needs to be increased competition among legal services providers.

Restrictive international trade barriers and unnecessary and overlapping domestic regulations are increasing the cost of doing business, and are stifling Australian law firms’ ability to compete effectively on a global stage, Weber said.

Nine jurisdictions in Australia each regulate aspects of practice by lawyers, Weber said. This, aswell as the eight superior courts and a Federal Court system, means lawyers operating Australia wide are subject to numerous regulators and often-inconsistent requirements for legal services.

While he applauded the Federal Government for its efforts toharmonise and streamline the “over-complicated system”, he said more needs to be done at the state and territory level to ensure efficiency in the delivery of legal services.

While there has been some improvement, restrictions at an international level are also stifling Australian legal services overseas, Sandford said. A firm like Minter Ellison can establish a representative office in China, he said, “but there are limitations on how much you can do there”. He said limitations on who you canhire restricts how much Australian firms can get from such an office.

But Sandford acknowledges there now exists a more formal process than there used to be for addressing barriers to trade and legal services. He said free trade agreements signed in the past 10 years have focused more on legal services than they did in the past.

“You’ve really got anew international dialogue going on that addresses legal services in a way that hasn’t been done in the past,” he said.

Firms and lawyers are now keen to ensure Australian legal services are more easily transported overseas, Sandford said. He said an increase in the number of multi-national clients and the increased prevalence of multi-jurisdictional work would see this urgency grow.



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

Minters calls for better access to international clients
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Handshake
Sep 20 2017
Silk picked to monitor national security laws
Dr James Renwick SC has been appointed as Independent National Security Legislation Monitor after se...
Two businessman, growth
Sep 19 2017
Aus catching up on international arbitration front
Australia is starting to see a spike in international arbitration with this set to continue over the...
Prison
Sep 19 2017
Manson family killer suffered ‘miscarriage of justice’: former lawyer
A retired Australian barrister has published a book on the Manson Family murders of 1969 and called ...
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 & ...