Minter Ellison surpasses previous revenue peak
Minter Ellison, Australia's largest firm, has posted a 2.3 percent rise in its 2014/15 revenues, increasing to A$428m. The revenue surpasses for the first time its previous high mark of A$419, which it set in 2011/12. Since its last highmark, the firm saw its growth stay flat and even dip slightly in the years that followed.
The firm's strongest practices were disputes, projects and transactions, which generated 29 percent, 27 percent and 27 percent of the firm's revenues, respectively. The consumer, manufacturing and technology sector along with the government, projects and infrasatructure sector as well as financial services made up the three top contributing sectors to the firm's results.
The firm saw new leadership and had a fair amount of turnover in its ranks in the past year. In April 2014, non-lawyer Tony Harrington became Minter Ellison's chief executive. He took over from predecessor John Weber, who eventually became managing partner of DLA Piper in Australia last March. The firm made 110 senior appointments through lateral hires and promotions in the past year, including 12 partners, 24 special counsel and 74 senior associates. With all of those moves, the firm's headcount still shrank overall.