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

King & Wood Mallesons

Our view…

Asia-Pacific powerhouse King & Wood Mallesons is one of the largest law firms in the Asia Pacific region, and legacy Mallesons is also one of the oldest. Its history stretches back to 1832, when 25 year-old Londoner Alfred Brooks Malleson borrowed the princely sum of £10 from his uncle to set up his own law firm in Melbourne.

Since those early days, the firm has grown into a commercial behemoth boasting over 2,000 employees, of which 1,030 are lawyers. It set up shop in Sydney, Melbourne, Perth, Brisbane, Canberra, Hong Kong, Beijing, London and Shanghai, and also has an associated office in Papua New Guinea.  And it boasts a pretty impressive client roster including the likes of Westpac, Suncorp, the Westfield Group and Chevron.

KWM has also done its bit to look innovative. It was the first Australian firm to offer 14 week’s paid parental leave to staff members and it was amongst the first to be accredited as a FairTrade workplace. In transparency terms too, the firm is keen to pave the way. The board made the unusual decision to open its books to the public in an effort to show clients how it’s performing. Although this transparency does not always seem to extend to its employees, with complaints about stealth layoffs and unclear salary structures.

Legacy Mallesons twice attempted to merge with Clifford Chance, in 1999 and again in 2008, but both attempts failed and the firm seemingly abandoned its UK aspirations. In November 2011, it announced its merger with Chinese firm King & Wood, the first ever Sino-Australian law firm tie-up. The union was formalised in March 2012 (accompanied by an exciting hoverbike-based branding campaign), with the new 380 partner firm now operating under the name King & Wood Mallesons. The tie-up (operating under a Swiss Verein model) has hugely boosted the firm’s Asian footprint and many believed at the time that this union was the first step towards the ultimate goal of merging with a US or UK firm. And indeed it was, as 31st July 2013 saw it announce a tie-up with UK firm SJ Berwin.

The pseudo-merger completed on 1 November 2013, when SJ Berwin's 165 partners and 346 lawyers subsumed into KWM to form a mammoth 30-office firm comprising over 2,700 lawyers and headquartered in Asia. SJ Berwin has agreed to take the name "King & Wood Mallesons SJ Berwin" on a temporary basis, with that old-fashioned SJ Berwin bit to be dropped in due course. The arrangement is not a full merger because KWM of that Swiss Verein, meaning SJB will join as a financially independent branch of the firm alongside the existing Hong Kong, Chinese and Australian units.


Salary

Salary (Graduate): $67,000
Salary (NQ): $70,000
Salary (1PQE): $74,000
Salary (2PQE): $81,000
Salary (3PQE): $102,000
Salary (Salaried partner):

Bonus Scheme

Bonus scheme: No
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: 41%
Development: 49%
Work/Life: 54%
Openness: 54%
Biscuits: 61%
Toilets: 61%
Social: 73%
Firm of the year overall score: 51%

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

KWM SJ Berwin partner in bonkers YouTube video
Tim Taylor QC can't get enough of the limelight ... read more > (6 comments)
Australian firms miles ahead in age of social media
King & Wood Mallesons triumph, while firms in Singapore and Hong Kong lag behind ... read more > (1 comment)
Man who robbed KWM Partner at gunpoint gets eight years
Taking backward inspiration from crime film ... read more >
SJ Berwin pulls off merger with King & Wood Mallesons
And, like a post-coital male mantis, will now be eaten ... read more > (8 comments)
Redundancies at King & Wood Mallesons
While new Managing Partner appointed ... read more >
The Asia Pacific Review of the Year 2012
Mergers, headbutting and nude blogs ... read more >
New equality law means strict reporting requirements for firms
Aims to improve dismal representation of women in top positions ... read more >
  

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