find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Exclusive: Ex-Mallesons leaders start new firm

Exclusive: Ex-Mallesons leaders start new firm

Tony O’Malley, the former Australian head of King & Wood Mallesons and Tim Blue, a former M&A managing partner, are back in the legal game, with a twist.

O’Malley (pictured right), a partner at KWM for over a decade, was the head of the firm in Australia for almost 15 months before leaving suddenly in May last year.

He has started the Sydney-based boutique firm LCR Advisory with Tim Blue (pictured below), a partner at KWM for almost 30 years before retiring in June. Prior to leaving KWM, Blue was a managing partner at the firm, leading the corporate M&A and tax practices.

Speaking exclusively to Lawyers Weekly, O’Malley said that in starting his own firm he felt a sense of freedom that was in stark contrast to the large law environment.

“It is quite liberating operating in a small start-up environment, where the singular focus is the client and you are not weighed down with governance and process and large institutional relationships,” he said.

LCR Advisory is targeting ASX 100 and large international companies, with its core areas being corporate and regulatory work.

O’Malley, a senior in-house lawyer at Telstra before joining the KWM partnership in 2000, said that the telecommunications sector would be a particular area of focus for the firm.

“Our strategy is aimed at meeting the needs of senior leadership teams and supporting them with strategic projects and significant risk management,” said O’Malley, adding that his firm was working on two major projects presently with high profile organisations.

O’Malley said LCR would seek to offer clients advice on specific projects, and this factor, combined with lower overheads, had opened the door for the firm to offer alternate fee structures.

“To the extent we can fix fees or have them projects based, we can do that,” said O’Malley, who added that “if a client wants to be charged at an hourly rate, they can be… but that is not something we are promoting.”

O’Malley and Blue’s new venture continues a recent trend of senior partners at large global and national firms breaking away from the large firm model.

In February, ex-Minter Ellison partner Mitzi Gilligan joined forces with the former senior DLA Piper partner Simon Davidson to establish Hive Legal.

O’Malley was replaced as KWM’s managing partner by Sue Kench.

With Lawyers Weekly exclusively revealing that Sharon Cook will be standing down as the head of Henry Davis York at the end of the year, Kench is likely to be the only female managing partner of a top 30 Australian law firm (by revenue) in 2015.

O’Malley and Blue are amongst a host of senior partners and practice group leaders that have left KWM in the past 12 months.

Other notable departures from the firm include Beau Deleuil, the former head of the firm’s global dispute resolution team, who quit the firm for Quinn Emanuel in December and Craig Semple, the former head of the firm’s national M&A group. Semple joined Gilbert + Tobin this year.

In February Ashurt’s former head of infrastructure, Chris Mitchell, joined KWM.

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

Exclusive: Ex-Mallesons leaders start new firm
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Oct 20 2017
Podcast: One of law’s most infamous alumni – in conversation with Julian Morrow
In this episode of The Lawyers Weekly Show, Melissa Coade is joined by The Chaser’s Julian Morrow....
Oct 20 2017
High Court overturns ‘excessive’ anti-protest legislation
Bob Brown’s recent victory in the High Court over the Tasmanian government was a win for fundament...
Oct 20 2017
Changes to Australian citizenship laws blocked
Attempts to beef up the requirements to obtain Australian citizenship were thwarted this week, after...
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'...
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...
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 & ...