find the latest legal job
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
Legal Inhouse / Lawyer / Company Secretary
Category: Other | Location: Brisbane QLD 4000
· Fantastic Company · Potential to be Part Time / Flexible Work Pattern
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
PwC pushes further into legal services

PwC pushes further into legal services


PwC has continued its aggressive push into the legal space, aided by the firm’s appointment of a former Gilbert + Tobin partner as head of projects.

Tony O’Malley, PwC Australia and Asia Pacific legal services leader, told Lawyers Weekly’s sister publication AccountantsDaily that the firm has clear global aspirations to establish itself as a top 20 international law firm.

The firm’s legal growth strategy, implemented over the past 18 months, is designed to build a high-quality legal team of more than 100 lawyers and with 20-25 partners, he said.

“We’ve probably been the most aggressive to date in the Australian market, which is a position we’re very happy to take,” Mr O'Malley said.

“The strategy was to focus on four areas that had strong natural adjacencies to the rest of the business: corporate advisory, regulatory, projects and infrastructure, and employment and immigration."

In an attempt to further boost its legal capability within Australia, the firm has appointed Damian McNair as PwC's head of projects. Mr McNair will operate from Melbourne with his three-strong team of lawyers.

Previously head projects partner at Gilbert + Tobin, Mr McNair “comes over with a very strong reputation in that space, both here in Australia but also in the region and more broadly, because he’s actually worked in Hong Kong and the Middle East”, said Mr O'Malley.

Clients and corporations are more willing to adopt legal services, with the “timing right” for a progression and expansion into the space, Mr O'Malley continued.

“We think that legal growth is a natural extension of the other lines of service,” he said.

“We think that the timing’s right for the 'big four' to do this, given that the legal market’s fragmented, and customers are very willing to try new things and innovate."

According to Mr O’Malley, the appointment of Mr McNair represents a shift in the way that 'big four' firms have approached an expansion into the legal sector.

“If I can be bold, maybe the last time the accounting firms or the 'big four' entered the market, they didn’t always go into the legal sector at the right level or the right point. If you set yourself a target of being a leading law firm or a leading international law firm, the sensible thing to do is hire a couple of people that have run one,” he said.

“Last time around, I think the strategy was more acquisitive, and because it was acquisitive and inorganic they just went and bought firms and held them at arm’s length and the firms that they could buy weren't necessarily the right firms."

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

PwC pushes further into legal services
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Nov 24 2017
Demand lifts in 2017/18 for short-term finance to cover crises
Promoted by NWC Finance. The first five months of the 2017-18 financial year have seen unpreceden...
LCA welcomes religious freedom panel
Nov 24 2017
LCA welcomes religious freedom panel
The Law Council of Australia says the establishment of a panel which will examine the human right to...
Law Society launched a new website, legal politics and lawmaking
Nov 24 2017
Law Society launches project to engage young Aussies
The Law Society of NSW has launched a new website to engage young Australians in legal politics and ...
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 & ...