Corporate law firms in Australia are expecting another strong year, as mergers and acquisitions continue and companies keep investing in decarbonizing their operations.
In fact, many firms see opportunities in a possible economic downturn, with any slowdown in economic activity likely to lead to more commercial disputes, distressed asset sales and a resulting pickup in merger and acquisition activity.
Baker McKenzie has had a “very good” 12 months in Australia, driven by work in transactions, tax, technology, workplace design and the growing demand for advice on decarbonization and energy transition, says the firm’s Australia managing partner, Anthony Foley.
“In some respects, one of the biggest…