Folklaw was forced to ask itself this when a press release touting the firm's recent acceptance into the fold of yet another prestigious body landed in its inbox.

This time, the Business Council of Mongolia has formally welcomed the firm as a member, recently holding a ceremony to celebrate this fact in the country's capital city (which, for those of you who don't know, is cosmopolitan Ulaanbaatar, which literally means "red hero" and, despite being a parliamentary republic, still has a statue of Lenin standing in one of its main squares).

Surprisingly, Allens is the first Australian top-tier firm to be made a member of the Council.

In order to celebrate the honour, partners Erin Feros and David Wenger, as well as senior associate John Koshy and lawyer Emma Wanchap, were compelled to fly to the Central Asian hub to attend a council meeting and formally accept Allens' membership.

Feros said formal membership in the Business Council of Mongolia was a "natural progression" for the firm.

"We see the firm's membership of the Mongolian Business Council as an essential component of our Mongolia group's activities," she said.

"We welcome this opportunity to meet with colleagues and build relationships here on the ground in Ulaanbaatar."

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Not bad work, if you can get it: jetting off to remote parts of the world to attend a council meeting and a rather unique ceremony (though Folklaw will note that Mongolia even held an opening ceremony for the country's first-ever "efficient" stove, with the prime minister attending to light the match).

Folklaw is waiting for the other top-tier firms to begin clambering for the next prized Business Council of Mongolia vacancy.