find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Corporate Lawyer
Category: Generalists - In House | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· 12 months fixed term opportunity
View details
Property lawyer - Melbourne
Category: Property Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Impressive client list, national firm · Well-led and high-performing team
View details
Exclusive: Australia’s most frequent M&A partners revealed

Exclusive: Australia’s most frequent M&A partners revealed

globe

Data from a global firm reveals the countries that are the source of most inbound and outbound M&A deals for Australian lawyers.

Baker & McKenzie provided Lawyers Weekly with exclusive data on Australian inbound and outbound activity for 2013-14 and 2014-15 on the back of its Cross-Border M&A Index.

According to the data, Australian lawyers work most with bidders from the US, the UK and China for inbound deals.

In 2014-15, the most inbound deals were secured by the US (58), followed by the UK (23), China (20) and Japan (14).

This was similar to 2013-14, when the most inbound deals were secured by the US (62), followed by the UK (20), China (20) and Singapore (16).

In terms of the industries lawyers worked on most for inbound deals, services/other was the most common in both 2014-15 (34) and 2013-14 (28).

In 2014-15 financial services came second (15), followed by industrial products and services (13), mining (12) and energy (12).

In 2013-14 leisure was more popular (20), as was energy (17), consumer: foods (12) and computer software (11).

In terms of outbound deals, there were 133 deals secured in 2014-15, up 31.7 per cent from 101 deals in 2013-14. The total value of outbound deals was up 13.7 per cent from US$22.6 billion (AUD$32.2 billion) in 2014-15 to US$19.9 billion in 2013-14.

According to the data, Australian lawyers work most with New Zealand, the US and the UK for outbound deals.

In 2014-15 New Zealand was the most popular outbound country with 32 deals secured, accounting for almost a quarter of all outbound deals in 2014-15. This was more than double the amount of outbound deals secured with New Zealand in 2013-14 (15).

New Zealand was followed by the US (25) and the UK (21) in 2014-15.

It was a slightly different order in 2013-14, with the US coming in first (22) followed by New Zealand (15) and then the UK (13).

For outbound deals, Australia targeted computer software (19) services/other (15) and financial services (13) in 2014-15, while in 2013-14 Australia targeted services/other (15), energy (11), financial services (9) and mining (9) the most.

The Index more generally also tracks levels of cross-border M&A activity back to Q1 2010 using a baseline score of 100.

In Q4 2015 the Index reached a record high of 331, due to the large amount of mega-deals secured during the quarter.

The data shows that in 2014-15 a total of 188 inbound M&A deals were secured, down 5.1 per cent from 198 in 2013-14. However, the total value of inbound deals in 2014-15 was US$48.2 billion, up 40.6 per cent from US$34.5 billion in 2013-14.

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: Australia’s most frequent M&A partners revealed
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Warning
Aug 23 2017
NT Law Society sounds alarm on mandatory sentencing
The Law Society Northern Territory has issued a warning over mandatory sentencing, saying it hasn’...
Unite
Aug 22 2017
Professionals unite in support of marriage equality
The presidents of representative bodies for solicitors, barristers and doctors in NSW have come toge...
Aug 21 2017
Is your firm on the right track for gig economy gains?
Promoted by The way we do business, where we work, how we engage with workers, even how we take a...
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 & ...