Firm Profile – Mallesons Stephen Jaques

What they say

We offer our lawyers and other staff some of the best hands-on training and career support of any law firm in Australia and the Asia Pacific region generally.

But our size doesn’t necessarily make us intimidating, aloof or unresponsive. Those outside Mallesons are often surprised to find we’re down-to-earth, warm and engaging. Our business is driven by our collective efforts, so we place just as much importance on communication with each other, mentorship and the stuff of everyday life as we do on knowledge and expertise.

If you join us, you’ll be working with people – our own people and our clients – who excel at what they do, but are balanced enough to realise that life involves more than work.

Working in a top-tier business such as Mallesons might sound daunting. Sure, the work can be pretty demanding, but it’s also immensely stimulating, enriching and fascinating. And you’ll be supported every step of the way by a group of skilled professionals… We have a real passion and pride for our work, the clients we assist and the people we work with.

What we say

Still Australia’s number 1 firm but feeling the heat from the arrival of internationals like Clifford Chance and A&O. Experienced a 5% reduction in graduate applications this year possibly as a result. We think Mallesons juniors unquestionably work the hardest and get paid the worst of all the top-tier firms. The flip-side is work experience that is highly valued in the employment marketplace, which could partially explain the high levels of attrition amongst Mallesons junior staff. Significant worry abounds within the firm regarding a recently formalised outsourcing agreement. However, the firm believes it will result in juniors working on higher quality work. Time will tell.

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Vital stats

Offices: 9
Partners: 180 (as at 15/10/2011)
Other Fee-Earners: 663 (as at 01/01/2011)

Revenue History

FY 2005/2006: $455m
FY 2006/2007: $500m
FY 2007/2008: $545m
FY 2008/2009: $553m
FY 2009/2010: $494m
FY 2009/2010: $491m

Profit History

FY 2005/2006: $173m (38%)
FY 2006/2007: $215 (43%)
FY 2007/2008: $240m (44%)
FY 2008/2009: $244m (44%)
FY 2009/2010: $227m (46%)
FY 2010/2011: $232m (47%)

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