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
Boutiques offer M&A without the price tag  

Boutiques offer M&A without the price tag  


Two-partner firm Talbot Sayer claims to have “struck a niche” by advising on lower-end M&A, private equity transactions and IPOs at a competitive price.  

“We are providing top-tier quality work at a cost which reflects a boutique cost structure,” partner Oliver Talbot (pictured) told Lawyers Weekly.

Mr Talbot and partner Tim Sayer both worked at McCullough Robertson before launching their boutique firm in April 2014.

“We've had fantastic support from clients for the concept that has enabled us to build a really strong team,” Mr Talbot said.

The eight-lawyer firm provides an alternative for businesses involved in smaller M&A deals, which would otherwise attract hefty fees at larger law firms.

“[Businesses often] need high-quality service and lawyers with experience on doing bigger deals in top-tier firms, but they don't want to pay the top-tier price tag,” Mr Talbot said.

“[Clients] don't want a million-dollar legal fee on a $5 million or $10 million deal.”

Talbot Sayer targets deals such as private equity ‘bolt-ons’ where clients need assurance that the transaction will be done properly but are looking to avoid a big fee.

“Our natural hunting ground is transactions which have a level of complexity,” Mr Talbot said. “They tend to not be as high value, but they are just as important in terms of making sure everything is done properly when it comes to exit.”

Mr Talbot said there was at least one other boutique firm  focusing on corporate M&A.

“There haven’t been a huge number of break-aways from the larger firms,” he continued. “Whether there will be in the future, I'm not sure.”

Some of Mr Talbot and Mr Sayer’s clients brought their work over to the new firm from McCullough Robertson.

“But more than anything, we've targeted new clients,” he said. “We've still got a good relationship with the guys at McCullough Robertson. That's all been managed very amicably.”

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

Boutiques offer M&A without the price tag  
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 & ...