Commercial Law
The Australian economy has grown considerably over the past 10 years, predominately off the back of a booming mining and resource sector. With increases in economic activity, naturally disputes arise. Because of this, Australia has a booming commercial law industry. Australia has not yet reached the lunacy of the U.S legal system, but the country is fast approaching. The manufacturing industry in Australia is in decline, so disputes in his area have tended to diminish with economic activity.
Sydney and Melbourne are the main hubs to practice commercial law with slightly less than half the population of the country residing in these two regions. The top 5 law firms are all very well recognised in the Australian legal landscape
- Minter Ellison
- Mallesons Stephen Jaques
- Clayton Utz
- Freehills
- Allens Arthur Robinson
These Law firms also specialise in other types of law, such as competition law as well. Often they appear in cases against Australian regulations such as the ACCC or ASIC. Occasionally, these government institutions will hire one of the top tier law firms themselves, however, most often the government will use the Australian Government Solicitors (AGS).
The top law firms handle the majority of high profile cases in Australia. For example, Mallesons has more than 2000 employees across Australia and has a number of massive overseas clients who use them as first point of call when doing business in Australia. Most of the top firms have high provide overseas clients as well.