Perth, Australia ()
Pinsent Masons has opened its third office in Australia with the launch of a base in Perth.
The British firm, which moved into the Aussie legal market in 2015 with offices in Sydney and Melbourne, has recruited Norton Rose Fulbright construction and engineering partners Rob Buchanan, Matthew Croagh, Adrienne Parker and Bill Ryan for its new outpost Down Under.
Parker is already based in Perth out of Norton Rose Fulbright’s office in the western Australian city, while Croagh and Ryan are moving from the global legal giant’s Melbourne office and Buchanan is coming aboard from its Sydney base.
Pinsent Masons has been moving forward with a program of international expansion over the past 18 months, launching in Düsseldorf last year and opening offices in Johannesburg and Madrid earlier this year. In June, Pinsent Masons picked up diversity consultancy Brook Graham and made three partner hires for a new office in Dublin.
“In less than two years, [Pinsent Masons] has established itself among the preeminent infrastructure firms in Australia,” said a statement by Australia head David Rennick, a former CEO of independent Aussie firm Maddocks. “The appointments also present an opportunity to expand further into the energy sector.”
In March, Pinsent Masons launched its flexible lawyering service Vario in Australia. The business, started in 2012, now has 300 freelance lawyers on its books. Pinsent Masons’ own books are in the black. The firm recently posted strong financial results for fiscal 2016-17, as gross revenue rose 11 percent, to £423.1 million ($550.2 million), while profits per equity partner soared 14 percent, to £625,000 ($812,750).
As for Norton Rose Fulbright, which officially entered Australia in 2010 after absorbing local firm Deacons, the firm said in a statement that it is focusing its efforts in the region on finalizing its combination with Aussie firm Henry Davis York.
“Both firms have been busy preparing for the combination since it was announced in mid-June, and we have had a strong, positive response from clients during our many conversations with them about what the combination would offer their organizations,” Norton Rose Fulbright said. “With all these things, some people will want to adopt a different course and we wish them well. This sort of thing is a common occurrence in mergers.”
Norton Rose Fulbright also cited its recent hires of Baker McKenzie M&A partner Martin Irwin in Sydney and M&A partner Adam Edelman in Perth—where he spent the past five years in-house at HSBC Holdings plc—as proof of its commitment to expanding its operations in Australia. “Further new partner announcements will be made soon,” added the firm in its statement.
The British firm, which moved into the Aussie legal market in 2015 with offices in Sydney and Melbourne, has recruited
Parker is already based in Perth out of
“In less than two years, [
“Both firms have been busy preparing for the combination since it was announced in mid-June, and we have had a strong, positive response from clients during our many conversations with them about what the combination would offer their organizations,”