Fallout from the government-initiated inquiry into Australia’s financial sector has led to a rise in demand for regulatory advice from lawyers, according to a report by legal recruiter Mahlab, which also notes that this work will eventually inevitably taper off.

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, which found gross misconduct and dishonesty in many parts of the financial sector, including in Australia’s major banks, has spurred increased work at law firms, noticeably lifting their revenue.