The movement of personnel in Australia’s legal sector has showed no sign of slowing down nearly three years after a big wave of entrants into the market.
Recently, the trend has escalated, with a number of senior partners, country managing partners and office heads leaving the big global firms to seek other opportunities.
Allen & Overy’s Australian founding partner, Grant Fuzi, is the latest one to call it a day. Fuzi, who led a team of 14 partners from Clayton Utz to set up the magic circle firm’s Sydney and Perth offices in 2010, has decided to leave the firm at the end of the year and seek new challenges outside of private practice.
King & Wood Malleson’s former Australian managing partner Tony O’Malley has also chosen to move on, leaving the Asia-Pacific powerhouse to launch advisory boutique LCR Advisory.
DLA Piper’s former Australia chairman and country managing partner Tony Holland, however, chose to join established Australian independent firm Gilbert + Tobin.
The legal market Down Under has been evolving fast and this movement at senior level is just one of the consequences.
Also on TheLawyer.com:
- Herbert Smith Freehills has named litigation partner Julian Copeman as Greater China managing partner, several months after his relocation from London
- China’s biggest life insurer China Life is set to buy Clifford Chance’s Canary Wharf headquarters in a £780m deal
- Clifford Chance and Linklaters have secured roles on China Mobile’s $880m acquisition of a stake in Thai telecommunications company True Corporation
- Two of King & Wood Mallesons’ heavyweight Hong Kong partners, Larry Kwok and Conrad Chan, are leaving the firm with a clutch of associates to launch new boutique