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Headline

Ashurst moves towards greater alignment in Oz but denies partner cuts

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Email above from anonymous 1 is hilarious. Overall turnover of Blakes and number of offices and reach and almost no capacity to do English law work, without merger firm - they - would have disappeared or reduced its PEP further. Partner's will definitely be culled. There is too mcuh excess fat and Australian firms have too many practice groups that are not very profitable. MC and SC firms in UK are managed to only do most profitable work. No one is interested in doing single jurisdiction deals.

Posted date

4-Feb-2013

Posted time

6:14 pm

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