DLA Piper's new Australian boss eyes private capital boom as ASIC circles
The firm's incoming country managing partner Shane Bilardi discusses its interest in ASIC's scrutiny of private capital, how to keep young lawyers in Australia and why he isn't worried about a new merger law regime.
From 1 March, global law firm DLA Piper will have a new country managing partner in Australia when Shane Bilardi takes over the role from Amber Matthews.
As he prepares to take on the role, Bilardi says the corporate regulator’s interest in the shift from public markets to private capital has piqued the firm’s interest.
“They came out and said, ‘this is an area that’s a bit of a black box to us, we're going to dig into it.’ So we've been looking over the horizon at that for our clients to see how they might be subject to regulatory intervention if the regulator decides to really take a deep interest in what the sector has been doing,” Bilardi told Capital Brief in a recent interview.
DLA Piper is looking to regulatory moves overseas as part of that preparation, Bilardi said, as well as the firm’s own experience in transactions that could become of interest.
