find the latest legal job
Corporate/Commercial Lawyers (2-5 years PAE)
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Specialist commercial law firm · Long-term career progression
View details
Graduate Lawyer / Up to 1.5 yr PAE Lawyer
Category: Personal Injury Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Mentoring Opportunity in Regional QLD · Personal Injury Law
View details
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Full time · Join a leading Adelaide commercial law firm
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Sydney NSW
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Melbourne VIC
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
Firms ‘are not alone’ in facing upheaval

Firms ‘are not alone’ in facing upheaval

Richard Spurio Allens

The legal sector is undergoing drastic change but law firms are facing the same challenges as many of their clients, the new Allens head says.

Richard Spurio, who was elected chief executive partner this week, believes firms need to place changes in the sector – including economic pressure and increased competition – in a broader context.

“When we think about the changes in our industry that have already happened and the changes we see coming, the legal industry is not somehow special,” he said.

“We're not alone in doing these things. All of our clients are facing it too. The answer for everybody is different, but everybody is dealing with it.”

In his view, law firms are undergoing a period of unprecedented disruption.

“I think we're operating in a market which is constantly changing – so we have to be ahead of this change. I think a big part is to remember that if we stand still, we'll become irrelevant,” he said.

In particular, he warned competition was increasing due to the influx of large global firms and the entrance of accountancy practices into the legal space.

He suggested law firms look to the corporate sector for inspiration in how to address these challenges.

“If we just look at the way we've always done something or the way our industry has always done something, then our capacity to change will be quite narrow,” he said.

However, he also welcomed the newcomers to the field – his mantra is “competition makes everybody better.”

At Allens, he pointed to innovative initiatives – including flexible pricing and a new start-up practice, Allens Accelerate – as responses to the current market.

“Clients in their own business are coming under increasing cost pressure and need to do a lot more with less. As a law firm, we need to be alive to that and helping them with that.”

He also suggested the alliance with Linklaters had allowed Allens to expand its scope and international reach.

“Clients have appreciated the benefit of having access to that international network and that expertise. We've been able to win matters together that separately we would not have been able to win,” Mr Spurio added.

Mr Spurio has replaced Michael Rose, who held the chief executive partner position since 2007. The firm could not confirm whether the election was contested, describing it an “internal board process”.

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

Firms ‘are not alone’ in facing upheaval
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Scales of Justice
Dec 15 2017
Timing ‘critical’ in unusual contempt of court ruling
A recent case could have interesting implications for contempt of court rulings, according to a Ferr...
Dec 14 2017
International arbitration and business culture
Promoted by Maxwell Chambers. This article discusses the impact of international arbitration on t...
Papua New Guinea flag
Dec 14 2017
World-first mining case launched in PNG
Citizens of Papua New Guinea have launched landmark legal proceedings against the country’s govern...
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 & ...