Asia-Pacific

Check out this week's top Asia-Pacific news on the Asia Pacific Headline page.
  

Follow RoF

For all the breaking news, follow RoF on Twitter and Facebook

         
   
  

Your Firm

Your Firm
Inside Info gives lawyers all the facts and all the gossip on leading law firms. Think something is inaccurate? Then send in your views.
  

Aussie Firms

Allens

Introduction

One of the largest Asia-Pacific firms, with over 1,500 staff and 200 partners, Allens Arthur Robinson was formed in 2001 following the merger of a Melbourne and a Sydney-based firm. As the longest continuous partnership in Australian law firm history, Allens has client relationships which stretch back over decades. Westpac for example has been on the firm’s books for the last 160 years (only Clifford Chance and Barclays can lay claim to a longer one, client relationship facts fans).

Whilst the firm’s partners spent time last year letting the world know they were not at all bothered by the influx of international firms into Australia (according to corporate head Paul Quinn the firm doesn’t see the likes of A&O and Clifford Chance as a “significant threat”), this bullish attitude seems to have changed.

In April 2012, Allens Arthur Robinson and UK firm Linklaters announced they would be hooking up in an “integrated global alliance”. It’s not a full on merger, nothing as crazy as profit sharing just yet, but it is an interesting move for Allens (which has now formally dropped the ‘Arthur Robinson’ and whacked some Links’ branding up on its website) and a smack in the face for Slaughter and May, Allens’ long-term UK referral partner. The new Allens-Links partnership will be closest in Asia where they’ve set up a JV and will be integrated operations on a project by project basis.

Performance

Allens, which has offices across Australia and Asia, spent time bulking up pre-tie-up. It recently became the second Aussie firm to take advantage of resource-rich Mongolia, by setting up shop in Ulaanbaatar in February 2012. And closer to home, the firm has been stocking up its Perth office, where work seems to be coming out of the lawyers’ ears. All of this growth may help explain why Allens was the biggest law firm graduate employer in 2011, with 91 grads on the payroll.

The firm's banking section is top notch and boast some stellar clients, including the Big Four banks as well as Citigroup, Credit Suisse and Rio Tinto. Capital markets and M&A are also heavy hitting departments, acting for ING and Leighton Holdings respectively.

Pay and Conditions

Of the Big Six firms, Allens seems to have one of the better reputations. So much so that it managed to win the lofty sounding Aon Hewitt “employer of the decade” at the end of 2010.  Although the award did rile some staff members, who pointed to the shaky times Allens experienced during the GFC. Grumbles included below market rate salaries, pay freezes and cancelled Christmas parties.
But if the results of RollOnFriday’s Firm of the Year 2012 survey are anything to go by, the firm has been working to iron out these dissatisfactions. Allens topped the charts overall for pay (perhaps not surprising for a firm which is happy to throw around $20k referral bonuses for staff) and was the top performing firm of the Big Six. Respondents praised the “fantastic work” and “great people” as well as “great career development” and, more importantly, the “excellent parties.”

Conclusion

Allens seems to be a pretty happy ship for a top tier firm. The firm’s lawyers are generally recognised to be of a high standard, if occasionally accused of taking themselves a little too seriously. But if it’s good work, friendly people and a pleasing pay packet you’re after, you could do a lot worse.

For more information on Allens click here

Salary

Salary (Graduate): $66,500
Salary (NQ): $69,000
Salary (1PQE): $72,500
Salary (2PQE): $78,000
Salary (3PQE): $90,000
Salary (Salaried partner):

Bonus Scheme

Bonus scheme:
Typical bonus as % of salary
- NQ: %
- 1PQE: %
- 2PQE: %
- 3PQE: %
- 4PQE: %
- 5PQE: %
- Partner: %

Training

Grant for GDL:
Grant for LPC:
Training places per year:
% of trainees retained: %

RollOnFriday Firm of the Year Scores

Salary: 44%
Development: 45%
Work/Life: 50%
Openness: 60%
Biscuits: 75%
Toilets: 75%
Social: 75%
Firm of the year overall score: 56%

Benefits

Holiday allowance: Unknown
Flexi holiday:
Pension: Unknown
Healthcare:
Maternity policy: Unknown
Target hours: Unknown
Childcare vouchers:
Gym: Unknown
Restaurant: Unknown
24 hour photocopying support:
24 hour secretarial support:
Other: Unknown

  

News Stories

  

Your Views

Feel free to enter your comments on the news story below, subject to our terms and conditions. Please note that comments are subject to moderation and so will not appear immediately.

Please keep it nice. Thanks.

Be the first to add Your View