Global Private Practice Market Report 2021 | Australia

Hayden Gordine Salary Guide, Private Practice, Market Report...

2020 was a year without precedent – we could never have imagined the challenges and the disruption that arose as a result of the COVID-19 pandemic. The way that law firms and lawyers across the world have risen to these challenges evidences the resilience and the adaptability of the people in the legal profession.
The commentary in this report has been prepared, not only by contributions from our global team of consultants but also with invaluable feedback from you – thank you.
We hope you find the report relevant, insightful and useful, and of course, if you ever want to have a confidential discussion with one of our specialist consultants about your career, your team, or your hiring plans, please do look for your most relevant contact’s details at the end of this report.
Here is an extract of the Australia Market update contained in the report:
The COVID-19 pandemic has had an unprecedented effect on the Australian economy. The lockdown measures put into place in Australia in late March 2020 brought fear and uncertainty and most firms initially responded with hiring freezes and a focus on transitioning staff to working from home. We saw law firms swiftly repurpose their underutilised lawyers to busy practice areas with internal secondments. We also saw some well-positioned firms take advantage of the lessened competition in the hiring market as they continued to actively recruit in strategic and in-demand areas.
Across Melbourne, Sydney, Brisbane and Perth we saw Corporate M&A and Real Estate transactions decline, although Construction, Restructuring & Insolvency, Litigation, Employment Law and Insurance were relatively busy practice areas. Melbourne and Brisbane were relatively active markets.


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