Two former senior partners from King & Wood Mallesons (KWM) in Australia have set up a new advisory boutique in Sydney less than a year after their departure from the firm.

Tim Blue, who was previously head of tax and M&A at KWM, and Tony O’Malley, the ex-Australian managing partner, have formed a firm called LCR Advisory, to provide legal advice at senior executive and board level on a project-by-project basis.