Keypoint Law enters Melbourne market with key signings
NewLaw firm Keypoint Law has entered the Melbourne market with the signing of two eminent Victorian lawyers – tax expert Philip Diviny and highly regarded insolvency lawyer and commercial litigator Penelope Pengilley.
Mr Diviny has joined Keypoint from K&L Gates (formerly Middletons) where he was a partner for over 15 years. He has a broad-based tax advisory and tax controversy practice, covering both federal and state taxes.
Ms Pengilley has been a partner at leading firms including Freehills and Holding Redlich, General Counsel of the Victorian Department of State and Regional Development, and is a former board member of the Victorian Emergency Services Telecommunications Authority.
Keypoint Law CEO Warren Kalinko said the signing of such highly-regarded Victorian lawyers was a ringing endorsement of the firm’s model which enables experienced lawyers with portable practices to be significantly better remunerated for their work, and to focus on the practise of law instead of the bureaucracy and distractions often associated with the traditional law firm structure.
“Since opening in Sydney in 2014, Keypoint Law has attracted 21 talented senior lawyers who want to practise law free of the impediments, constraints and disproportionate overhead costs that can exist in traditional law firms,” Mr Kalinko said.
“At Keypoint Law, our principals earn 70 per cent of their billings compared to the roughly 35 per cent they would retain at other firms. At the same time, we provide administrative and other support so that our lawyers can do what they do so brilliantly, and that is to practise law.”
Keypoint’s lawyers are also free to set their own rates and budgets, and to work from whichever location best meets their needs and the needs of clients.
Mr Diviny said: “Keypoint’s value proposition and service offering to clients is compelling, as is its innovative approach to meeting the requirements of experienced lawyers.”
Ms Pengilley said: “It is great to see Keypoint moving into Melbourne and offering senior lawyers the opportunity to control their destinies so that they can focus on the practise of law and the provision of excellent client service while still having the support of Keypoint’s infrastructure and friendly, collegiate environment.”
Keypoint Law was named “Australian Boutique Law Firm of the Year” at the 2016 Australasian Law Awards.
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