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The Sharpening: What PE Backed Competitors Mean for Every Firm

Tracks
Concurrent Stream 1
Friday, September 11, 2026
9:55 AM - 10:40 AM
Wala Mirr Theatre

Overview

Consolidation is quietly accelerating and governance structures are being reformed. Around a quarter of Australia's top 50 law firms now operate as incorporated legal practices, most have a services company, and many are spinning off service lines that no longer fit the core model. Private equity is now scouting Australian legal services for significant investment. When that capital lands, the recipient firms will reset the benchmark: better resourced, structurally reformed, operationally disciplined, and built to reinvest at a pace traditional partnership models cannot match. Built for COOs, General Managers and CEOs, the session names the structural reality most operational leaders already sense, and draws on UK and US evidence where this shift played out earlier. It shows what PE-backed competitors are building, why structural barriers inside most firms make responding harder than it looks, and what operational leaders can do right now to sharpen their position.


Speaker

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Mrs Kim Wiegand
Director
Julip Advisory

The 'Sharpening': What PE-Backed Competitors Mean for Every Firm

Biography

Kim Wiegand is the Founder of Julip Advisory, supporting Australian law firms navigate the journey through value creation, transformation and capital evolution. She has spent her career in professional services leadership across global law firms and advisory businesses, building trusted relationships with senior partners, managing partners, boards and executive teams. Kim has tracked the PE investment shift in Australian legal services closely, publishing thought pieces and working directly with firms navigating the implications. She is known for bringing the international evidence base to bear on the Australian context, and for giving operational leaders the practical tools and language to drive change from within their own firms.
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