NewsBite

King & Wood Mallesons

August

Corrs still sits outside the big six - King & Wood Mallesons, Allens, Herbert Smith Freehills, Clayton Utz, Minter Ellison, Ashurst

Top law firms locked in negotiations for lucrative panel

Corrs, HSF, KWM and MinterEllison are yet to be appointed to the federal government’s legal panel, more than a month after an initial announcement.

  • Maxim Shanahan

July

John Tuck

Rebel Corrs group seeks move to King & Wood Mallesons

Five partners in Corrs’ employment practice are in discussions to shift to rival firms, after some in the group voted against a controversial contract extension.

  • Maxim Shanahan
Gilbert + Tobin, led by Sam Nickless (left) prefers full-equity partners, while Kristin Stammer’s HSF is promoting lawyers to part-salary positions.

Rapid growth puts pressure on law partnership structures

Almost two-thirds of new legal partners are now on a part-salary arrangement as rapid growth puts pressure on equity allocations.

  • Maxim Shanahan
Herbert Smith Freehills partners Anna Sutherland (left, joint global managing partner for disputes) and Danielle Kelly (global director of culture and inclusion).

More law firms hit gender targets as partnership gap narrows

A record number of law firms now have more than 40 per cent female partnerships, but part-owner gender ratios contrast sharply with the engine room.

  • Maxim Shanahan

June

Energy transition lights a rocket under law firms

Law firms are streaking ahead of the broader economy, adding partners as deals return and the energy transition offers decades of lucrative work.

  • Maxim Shanahan
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Why Hong Kong ‘is still good’ for commercial lawyers

Australian lawyers are missing out on opportunities in Asian markets, says a newly promoted partner at King & Wood Mallesons.

  • Maxim Shanahan
Miriam Stiel of Allens.

Top law firms question AI’s usefulness

The technology, which has been touted as a revolution in legal practice, will streamline basic tasks but is likely to have limited impact on core legal work.

  • Maxim Shanahan

May

AAT

Law graduates are about to crack a salary record

Top-tier graduates will earn more than $100,000 this year – in Sydney only – but law firms remain tight-lipped on pay rates despite moves towards transparency elsewhere.

  • Maxim Shanahan

April

Tax Office warns law firms over consulting push

ATO second commissioner Jeremy Hirschhorn said he was worried law firms would repeat the mistakes of the big four professional services firms with their push into consulting.

  • Maxim Shanahan
Superannuation savers could be paying twice for some earnings under Labor’s proposed reforms, experts say.

Savers with $3m-plus super could pay double tax on earnings

Labor’s plan to increase the tax paid on earnings for super accounts with more than $3 million could sting savers twice, experts have suggested.

  • Updated
  • Hannah Wootton
Michael Black is worried about the constitutional risk of superannuation tax reforms.

Taxing judges’ pensions bad for independence, women

A former Federal Court chief justice says the reforms were likely unconstitutional and would stymie efforts to improve the number of women on the bench.

  • Hannah Wootton
Rebecca Maslen-Stannage, chair of Herbert Smith Freehills.

Progress on free trade deal for foreign lawyers

Australia and the UK have taken the first steps toward a free trade agreement for lawyers that will relax strict rules around the admission of foreign lawyers.

  • Michael Pelly

March

An “inestimable leader”: the late HWL Ebsworth managing partner Juan Martinez.

From housing commission flats to law firm CEO

Long-term head of HWL Ebsworth Juan Martinez built the nation’s largest legal partnership on the back of hard lessons from a harsh childhood.

  • Michael Pelly

Ashurst picks up four partners as law firms march into consulting

The new hires from PwC and CBA continue law firms’ march into consulting, and comes after King & Wood Mallesons last month established its own advisory division.

  • Maxim Shanahan

Top law firms eye big growth in South-East Asia strategy

Australian lawyers say work in the region suffers from a perception problem, despite the complex, high-value deals emerging from fast-growing markets.

  • Maxim Shanahan
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February

How to get a job at a top-tier law firm

Mere legal ability is no longer enough to secure a prized top-tier clerkship. Firms are looking for excellence in all aspects of life. Here’s our guide.

  • Maxim Shanahan
Santos CEO Kevin Gallagher.

Q+A time at Woodside, Santos; due diligence extended

The two sides have been presenting to each other for weeks, and now it’s follow-up time.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
New Gadens partner Marina Olsen says high-profile litigants may stay away from the courts after the Roberts-Smith judgment.

Celebrity defamation on the decline after ‘prominent losses’

New Gadens partner Marina Olsen says the Ben Roberts-Smith saga has discouraged defamation cases, but privacy law changes could spell bad news for media outlets.

  • Maxim Shanahan

January

The Wiggins Island coal export terminal was built during the mining boom.

Coal play WICET taps King & Wood Mallesons for $3b refi

The Queensland coal port is back in focus as its looming refi puts lenders’ environmental, social and governance policies to the test.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

December 2023

Woodside boss Meg O’Neill is on the front foot and pushing hard for a deal with Santos.

Santos, Woodside bosses met in recent weeks, deal ‘5pc’ advanced

The nascent talks have included at least one in-person meeting between Woodside CEO, Meg O’Neill, and her counterpart at Santos,

  • Sarah Thompson, Kanika Sood and Emma Rapaport

Original URL: https://www.afr.com/company/king---wood-mallesons-1mvs