Top-tier law firms mint record partner class to exploit uncertainty
by Janek Drevikovsky · Australian Financial ReviewJanek DrevikovskyLegal affairs reporter
Jun 25, 2026 – 11.58am
In any other industry, intractable wars, an oil crisis and the looming threat of artificial intelligence might be a bit of a killjoy. Not so for Australia’s largest law firms, which have yet again proved their power to monetise uncertainty – by capitalising on an increase in litigation, increased regulatory pressure and surging demand for AI-related advice.
The consequence: growth at most firms – careful at many, rip-roaring at a few – at times tempered by clients’ laser-like attention on keeping costs down, even as legal work gets more complicated.
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- Law Partnership Survey
- Legal profession
- Partnership
- MinterEllison
- Ashurst LLP
- King & Wood Mallesons
- Australian recession
Janek DrevikovskyLegal affairs reporterJanek Drevikovsky is the Financial Review’s legal affairs reporter. Email Janek at jdrevikovsky@nine.com.au
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