Asia and Australia Law Firm update


One thing is for certain: the legal services sector globally is in a process of change. Law firms that do nothing in the face of this changing landscape, do so at their peril. There are opportunities for Australian and Asian based law firms and senior lawyers that are unprecedented....

Growth in China and India has already sparked significant changes in the legal market in Australia and Asia and will continue to do so. Australia has genuine scale. We in Australia are seen as a significant bridge into the Asia-Pacific region. Asia wants resources and BHP and other Australia-based miners such as Rio Tinto and Xstrata have coal, iron ore and LNG in abundance. Inbound investment from the north to acquire Australian assets is getting stronger and stronger. Gaining access to that kind of trading flow and the inevitable movement of capital into the East is obviously attractive to the professional services sector.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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