find the latest legal job
Banking Associate - 1-6PQE - Allen & Overy
Category: Banking and Finance Law | Location: United Kingdom
· Banking Associate - 1-6 PQE - Allen & Overy
View details
Academic Dean and Head of School of the TC Beirne School of Law
Category: Other | Location: Brisbane QLD 4000
· An outstanding opportunity · Provide educational, research and organisational leadership
View details
Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: Arncliffe NSW 2205
· Rapidly growing law firm, working with a highly experienced team in a high growth industry across all areas of property and strata law
View details
Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: All Sydney NSW
· Rapidly growing law firm, working with a highly experienced team in a high growth industry across all areas of property and strata law
View details
Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: Sydney NSW 2000
· Rapidly growing law firm, working with a highly experienced team in a high growth industry across all areas of property and strata law
View details
Oz global firm mergers could change recruitment

Oz global firm mergers could change recruitment

A question mark hangs over the potential for international recruitment of Australian lawyers, after the announcement of Deacons' intentions to merge with Norton Rose Group, claims one…

A question mark hangs over the potential for international recruitment of Australian lawyers, after the announcement of Deacons' intentions to merge with Norton Rose Group, claims one recruiter.

Edward Andrew, managing director of EA International, predicts that more Australian law firms will be working more closely with international global law firms over the next decade.

"The biggest question mark over the entire international recruitment game for Australia is if, in five to 10 years time, or whatever it takes, the UK and US firms have joined forces with the leading Australian firms. Then that changes the dynamic. If Norton Rose and Deacons can put it together and they can move to full- mode integration then, obviously, there has got to be scope for other firms," he told Lawyers Weekly.

"It may change the way we do business, but it means the Australian lawyers will be part of international global law firms and will be pretty happy to work around the world within their law firm."

But Jonathan Marsden, director of the London office of Marsden International, predicted it would have only a minor impact.

"The question is 'Will the lawyers from Deacons come off the international recruitment market because they have options to go to Norton Rose?' We've seen that with international mergers that hasn't had much of an impact," he said.

"We'll still get approached by Deacons lawyers wanting to go to Slaughter and May or Clifford Chance and not go to Norton Rose. Or we'll still get Norton Rose lawyers wanting to go to Mallesons or Allens. So there will definitely be more internal transfers, but a lot of the Australian firms have been doing informal transfer for years between them and their 'best friends'."

The Norton Rose and Deacons move is planned to take effect from 1 January 2010 after a positive vote from the Deacons partnership in June. The decision will see Norton Rose consolidate an Asia-Pacific region presence with one of Australia's largest mid-tier firms.

Expected to have a turnover of about $864 million - with in excess of 1800 fee earners in total and 29 offices worldwide - the new Norton Rose Group joins together offices from Bangkok, Beijing, Brisbane, Canberra, Hong Kong, Jakarta, Melbourne, Perth, Shanghai, Singapore, Sydney and Tokyo.

DLA Phillips Fox formed an alliance with DLA Piper in November 2006, while Clifford Chance and Mallesons have discussed the merger option but have not gone beyond that.

See the London Report in next week's edition of Lawyers Weekly.

- Sarah Sharples

Like this story? Read more:

Book commemorates diamond milestone for WA law society

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

Oz global firm mergers could change recruitment
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Gavel, legal book, criminal lawyers
06:00
Three criminal lawyers named NSW magistrates
The NSW Attorney-General has announced the appointment of three new local court magistrates. ...
Warning
Jan 18 2018
Lawyer highlights ‘unintended consequences’ on SSM estate planning
A succession lawyer has warned that the right for same-sex couples to legally marry could have a sub...
drug rehabilitation services available in rural and remote communities
Jan 18 2018
ALS survey shines spotlight on insufficient rehabilitation services
A new survey posted by the Aboriginal Legal Service (NSW/ACT) has revealed an alarming insight into ...
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 & ...