Keypoint Law is listed as the third fastest growing firm, and in the top 25 firms nationally, in The Australian’s recently published ‘Australian Partnership Survey’, based on partner*-level numbers.
Keypoint’s growth rate in partner*-level numbers was 9.8% over the 6 months to January 2022.
The survey’s authors commented:
“.. Perhaps not surprisingly, given fires, floods and pandemic, those with the strongest growth rates are also predominantly insurance firms – Gilchrist Connell (23 per cent full-time equivalent), McInnes Wilson (12.4 per cent) and Moray & Agnew (8.4 per cent).
Other winners in partnership growth were Keypoint Law (9.8 per cent) and Colin Biggers & Paisley (6.6 per cent)..
Non-insurance domestic firms generally suffered a net partner loss .. . Most firms were marginally negative, with the largest losers Macpherson Kelley and McCullough Robertson. On the international front, Dentons grew by 5.7 per cent and Squire Patton Boggs by 3.7 per cent.
Of the traditional top tier firms, Clayton Utz experienced the same growth, adding by a rate of 2.55 per cent and MinterEllison lost a similar percentage of partners – 2.3 per cent – mainly due to the departure of the five-partner private equity team.”
Keypoint’s exceptional growth rate has propelled the firm to a team of 56 partner-level lawyers, in the short period of 7.5 years since it was established.
Keypoint’s CEO, Warren Kalinko stated:
“The firm’s growth rate has certainly been encouraging; but as important has been the firm’s retention rate, which is an average 97% p.a. for our senior lawyers. And whilst we are well on the way to establishing Keypoint as a major national mid-tier firm, our primary objective is to ensure that our firm grows with quality and in a manner which preserves our stability and harmony”.
2021 caps off another strong year for Keypoint Law, which achieved the following milestones over the calendar year:
- the firm appointed 12 Consulting Principals, 10 of which were lateral moves, the remainder being internal promotions;
- Keypoint was recognised as a top-5 destination for lateral partner moves for the third year in a row;
- None of our Consulting Principals departed, taking our average retention rate to 97% p.a. since we opened in 2014;
- Our lawyers were recognised by Best Lawyers in AustraliaTM (2022 edition) across 18 areas of law, including Corporate, Dispute Resolution and Government;
- Our lawyers were recognised by Doyle’s Guide across multiple practice areas, including Insolvency & Restructuring, and Estate Litigation;
- Keypoint won State/Regional Firm of the Year at the 2021 Australasian Law Awards;
- After a 7-month tender process, our firm was appointed to the NSW Government’s Whole of Government Legal Panel. This appointment enables NSW Government Agencies (including State Owned Corporations and Local Government Bodies) to use our services across the following areas of law:
- Commercial and Contractual Matters;
- Financial Services;
- Intellectual Property;
- Information Technology;
- Competition Law; and
- Taxation Law.
- Keypoint moved into iconic A-grade premises in Sydney (Australia Square) and Melbourne (140 William Street), and opened its fifth office in Adelaide;
- Keypoint’s Melbourne and Brisbane-based teams grew strongly, with Melbourne now comprising a team of 20 people; and
- Reflecting its connected and collegiate culture, 30% of Keypoint’s revenue in FY21 was internally referred work (FY20: 22%).
Note: *Keypoint Law has a corporate structure and is not a partnership. Our Consulting Principals are equivalent in seniority to partners.