Australia may have thrashed England 5-0 in the Ashes, but UK firms would be wise to not hold a grudge against their Antipodean counterparts.
The region provides a talent pool that an ever-increasing number of firms is tapping, but it also provides other opportunities for exploitation, both in lessons to be learnt and relationships to be built.
This Australiasia Special Report, which is continued online at www.thelawyer.com/special_reports, takes a look at the private equity boom Australasia is experiencing and gazes into the crystal ball. It also examines Australia's unique relationship with its Asian neighbours and the opportunities that beckon in China.
Meanwhile, the report debates groundbreaking plans to list a firm on the Australian Stock Exchange. UK firms interested in Clementi, take note. It's not just the cricket field where Australia has a competitive edge.