Skip to main content

Madgwicks newest partner, Melbourne barrister David Galbally QC, said he will target the burgeoning financial services sector to boost the firm’s revenue. Having spent the last nine years as chair of the Transport Workers Union Superannuation Fund, Galbally is well-positioned to service the needs of the US$1.1trn superannuation industry.

“I think legal firms have enormous opportunity to expand and grow in emerging areas of the law, the financial services industry being one such area,” Galbally said. “Australia, in terms of the superannuation industry, is a world leader in providing compulsory superannuation for employees.”

Galbally said there are opportunities for legal work across the board, from governance, risk management and best corporate practices through to the prevention of litigation and, in the event of litigation, representation. “I think these are areas that are going to grow with time,” he said.

Australia sits fifth in total superannuation assets
Country Assets (US$bn)
US 13,196
Japan 3,152
UK 1,791
Canada 1,213
Australia 996

Related Articles

Japanese firm TMI forms alliance with Australia’s JWS, eyes Sydney office

by Sarah Wong |

Japanese law firm TMI Associates has established a strategic alliance with Australia’s Johnson Winter Slattery (JWS) marking the first partnership of its kind between major law firms from these two nations.

Clifford Chance launches Shanghai FTZ joint operation with local firm

by Charlie Wu 吴卓言 |

Magic Circle firm Clifford Chance and Shanghai He Ping Law Firm have established a joint operation office in the Shanghai Free Trade Zone (FTZ), following approval from the Shanghai Justice Bureau.

SUBMISSION OPEN: ALB Firms to Watch (Thailand) 2025

Submissions are now open for ALB’s Thailand Firms to Watch 2025. This list will highlight the most promising and innovative law firms in Indonesia that are making a mark in the legal industry. The list will be published in the December 2025 issue of ALB Asia.