Post Election Thoughts

Mr Abbott’s first words were that Australia is open for business again.

“There is a flood of work coming down the pipeline for corporate groups”

Please read the full article from the Australian Financial ReviewAFR130913page1 and AFR130913page2

Winning the Future: The 4 Key Questions to Answer for Strategic Planning at Law Firms

From the Australasian Legal Practice Management Association (ALPMA) – A Survival Guide for Legal Practice Managers

Globalisation affects smaller firms

“More than 50% of the value of our legal market is taken by the largest firms, only 1% of total law firms. This raises fundamental questions. How sustainable is our current model for delivering legal services? What changes are headed our way? How can we prepare for these changes?”

From –

China – Australia : MGSM Alumni Cross Cultural Boundaries

From the Macquarie Graduate School of Management – China – Australia : MGSM Alumni Cross Cultural Boundaries

Merger mixed bag

“A Lawyers Weekly poll on global firms in the Australian market found most voters believe there is still plenty of scope for further mergers.”

From Lawyers Weekly – Merger mixed bag

No turning the tide

“Global law firms have been continually washing up on Australia’s shores recently. “

From Lawyers Weekly – No turning the tide

Small Firms Under Threat

“The increasing cost pressures of running a practice and the globalisation of the Australian legal market will mean less small firms in the future, a leading legal consultant has claimed.”

From Lawyers Weekly – Small Firms Under Threat

Underperformers under pressure

“Increased competition and client pressure on rates and work allocation is leading firms to rethink their approach to partner performance.”

From the Australian Financial Review Dec 2011 – AFR091211.pdf

Philip Gleed finds new role in mergers

“.. after 30 years in practice and 18 as a managing partner, Gleed will help other firm managers realise their growth goals.”

From the Australian Financial Review Oct 2011 – AFR071011.pdf

Blakes merger may herald foreign rush

“The merger of the Asian operations of Blake Dawson and international firm Ashurst has triggered predictions that more foreign firms are about to enter the Australian market”

From the Australian September 30, 2011 – Blakes merger may herald foreign rush