DibbsBarker to shut up shop following partner exodus to Dentons

DibbsBarker to shut up shop following partner exodus to Dentons

Longstanding mid-tier law firm, DibbsBarker, will not be operating beyond 30 April 2018 after 17 of its partners announced they were joining Dentons.

The global heavyweight this morning announced it was acquiring 17 of DibbsBarkers' partners and other staff effective 1 May. Following the announcement, DibbsBarker revealed the loss of the partners will result in the law firm having to shut up shop.

A spokesperson from DibbsBarker told Lawyers Weekly that remaining partners are either retiring or pursuing other opportunities elsewhere.

"The client, practice and cultural synergies that exist between the two firms are significant, and the agreement reached with Dentons provides a wonderful opportunity for those joining to be part of a leading global firm," says the spokesperson.

"We thank all of our clients for their support of DibbsBarker over many years. We also thank our staff for each and every contribution they have made to our firm's success during its long history."

There are currently 25 partners at DibbsBarker, with 17 joining Dentons in partner roles. One of the 17 is joining Dentons in a director role.

Two of the remaining eight partners will be joining HWL Ebsworth.

The acquisition of the 17 DibbsBarker partners will strengthen Dentons' east coast presence in Australia.

The agreement will see Dentons add 10 new partners in Sydney, two new partners in Melbourne, and five new partners in Brisbane from 1 May 2018.

Ian Dardis (pictured), Dentons CEO Australia, says the addition of the DibbsBarker partners represents the group's strategic growth strategy in Australia.

"This acquisition will add further depth to our already significant financial services, real estate and corporate practices," says Dardis.

Never miss a news update, subscribe here. Follow us on Facebook, LinkedIn, Instagram and Twitter.

Business News Australia

Get our daily business news

Sign up to our free email news updates.

 
Whitefox Recruitment founder Luke Hemmings making strides as a careers leader
Partner Content
After relocating his Canberra-founded company Whitefox Recruitment to the Gold Coast la...
Whitefox Recruitment
Advertisement

Related Stories

ASIC secures its first court win for greenwashing against US giant Vanguard

ASIC secures its first court win for greenwashing against US giant Vanguard

The Australian corporate watchdog has caught out one of the world&r...

Medicinal cannabis group Althea shaves $1.5m from its cost base through staff cutbacks

Medicinal cannabis group Althea shaves $1.5m from its cost base through staff cutbacks

Australian-founded medicinal cannabis company Althea Group (ASX: AG...

Charter Hall snares 15pc stake in Hotel Property Investments for $97m from 360 Capital

Charter Hall snares 15pc stake in Hotel Property Investments for $97m from 360 Capital

Listed funds manager 360 Capital Group (ASX: TGP) has offloaded its...

Lendlease gains approval for $1.7b transformation of Queen Victoria Market precinct

Lendlease gains approval for $1.7b transformation of Queen Victoria Market precinct

Australian development giant Lendlease Group (ASX: LLC) has been gr...