Hamilton Locke, The Fold Legal and Source expand into Brisbane lawyersweekly.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawyersweekly.com.au Daily Mail and Mail on Sunday newspapers.
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A handful of Australia’s leading mid-size law firms are ramping up their recruitment of the country’s top graduates as they continue their aggressive push into the top-tier market.
At the same time, junior recruitment at most big six legal outfits is lagging behind pre-pandemic levels, despite those firms committing to maintain a pipeline of talent last year, the latest Australian Financial Review Law Partnership Survey revealed.
The exception is Allens, which took on 101 graduates, five more than last year and second only to mid-tier behemoth HWL Ebsworth (120).
Even with the spectre of the pandemic, the total number of graduates hired across Australia’s 50 biggest law firms grew by 5.7 per cent over the past year to 1325.
Hamilton Locke acquires The Fold Legal lawyersweekly.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawyersweekly.com.au Daily Mail and Mail on Sunday newspapers.
Local law firm Hamilton Locke has added three new faces to its Melbourne office, with all joining from DWF Australia. The firm has recruited corporate and commercial partner Alex Ninis, as well as
Why listing is a ‘logical step’ on this firm’s journey
By Jerome Doraisamy|16 March 2021
Hamilton Locke managing partner Nick Humphrey explains why his firm’s holding company is set to list, what it hopes to achieve, and what can be learned from others, in particular HWL Ebsworth’s recent experience.
Across the globe, Nick Humphrey (pictured) mused, the dominant business structure in professional services – from recruitment to IT, from investment banking to engineering consulting – is a listed public company.
A listed business, he explained, “brings access to capital for investment, the incentive to build real equity value and long-term thinking about client relationships”. When asked why Halo Group (the holding company of Hamilton Locke) is listing, he said that the real question is why should a professional services business not list, just because the services relate to legal practice.