Posted by Marcus McCarthy | 26 November 2015 | Nexus News
Nexus Law Group has been recognised as an Employer of Choice in the annual Australasian Lawyer survey, of over 2,100 employees providing feedback on law firms across the country.
This is another prestigious national award for Nexus, the 3rd in 12 months, for what is being recognised as an emerging new structure of law firm in Australia, which remunerates senior lawyers at higher levels, whilst reducing fees to clients, as a result of its low overhead ‘dispersed’ model.
Nexus’ founder, Mr Marcus McCarthy states, “We believe this award because of the fact that our particular structure and transparent remuneration systems directly reward lawyers for their own inputs and create an environment where lawyers are highly engaged with what they do, building a life career on a completely flexible basis for themselves. It is practice on their own terms that they love and this in turn has great benefits for clients in terms of pricing value and highly competent lawyers working together as part of a national team. Nexus is expanding nationally as the industry realises that the old structures of legal practice are actually no longer required with the clever us of technology.”
Nexus was listed alongside Arnold Bloch Leibler and Herbert Smith Freehills within the Remuneration category. Australasian Lawyer found that:
“Respondents to this year’s Employer of Choice survey gave their firms an average rating of 3.64 out of 5 when it came to remuneration.
Seven per cent of respondents strongly disagreed with the statement, “My firm provides satisfactory remuneration” Twelve per cent disagreed, while 20% were neutral, 35% agreed and 27% strongly agreed.”
Mr McCarthy said that the fact that 52% of the industry responded negatively to this question is probably why there is such interest in new and better structures for legal practice and part of the reason industry disruption is underway.
The full list of winners is featured in issue 2.05 of Australasian Lawyer.
As part of our joint webinar discussion series, the CFO Centre & Nexus Construction discuss the options available to a company negatively impacted by COVID & lockdowns
As part of an ongoing webinar discussion series, the CFO Centre and Nexus Law Group discuss the options available to a company negatively impacted by COVID, lockdowns and a substantial drop in revenue.