This week’s Hot Lister is a partner at a leading mid-tier firm and has helped propel the firm’s corporate practice towards $1 billion in deals this financial year
Despite his young age, Mills Oakley Lawyers partner Daniel Livingston has already enjoyed a highly successful career and has helped propel the firm’s corporate practice towards $1 billion in deals this financial year.
Considered a trusted adviser by leading brands that have included Tabcorp, Echo Entertainment, Fosters Limited, ANZ, Westpac, Philip Morris, Incitec Pivot, Exxon Mobil and AWB Limited, Livingston is one to watch.
He tells Australasian Lawyer the keys to his success.
I first became interested in law at secondary school around year nine. There is no doubt television’s portrayal of life as a lawyer (think LA Law) helped initially capture my attention. I then did my year 10 work experience at the Warrnambool Law Courts working with the Court Registrar. That was a fantastic experience and confirmed my interest in the law.
All of these different experiences have given me, what I consider to be, a very well rounded perspective of the commercial and financial world. I believe these experiences allow me to deliver legal and strategic advice in a commercial context that clients appreciate.
-What are some of the biggest issues facing the corporate sector in Australasia right now?
In one word, transition. Over the past year we have seen a number of examples of Australian industry – the automotive sector, manufacturing and media to name but a few – who have faced fundamental challenges to the viability of their operations. In some cases, these challenges are simply cyclical and in others cases we have, regrettably, seen some industries move offshore. We’ve also seen the mining sector trying to come to terms with the post-boom environment.
So the corporate sector has had a few things to deal with. Not only are we trying to kick start the economy in a rather unpredictable environment, but we’re also dealing with disruptive new technologies and methods of production which will mean that some industries are under intense pressure to be more efficient and find new sources of revenue. Manufacturing and media are the obvious examples, but I think all corporates will be challenged on this front in one way or another.
Other major issues facing the corporate sector include data and information overload; continued economic and financial uncertainty leading to a short term planning focus; globalisation; accelerating rate of technological change and business complexity; innovation (or lack of it).
But overall I am optimistic about where the mid-size sector is heading. We’ve all witnessed the top tier distractions with mergers and globalisation and this provides an opportunity for the more ambitious mid-size firms to move into that premium national service space – provided they can deliver the right value proposition.
Considered a trusted adviser by leading brands that have included Tabcorp, Echo Entertainment, Fosters Limited, ANZ, Westpac, Philip Morris, Incitec Pivot, Exxon Mobil and AWB Limited, Livingston is one to watch.
He tells Australasian Lawyer the keys to his success.
- Tell us a bit about your background: Where did you grow up? And how did you become interested in law?
I first became interested in law at secondary school around year nine. There is no doubt television’s portrayal of life as a lawyer (think LA Law) helped initially capture my attention. I then did my year 10 work experience at the Warrnambool Law Courts working with the Court Registrar. That was a fantastic experience and confirmed my interest in the law.
- You are a successful corporate lawyer who has acted on significant and complex transactions- what do you feel has been the key to your success?
All of these different experiences have given me, what I consider to be, a very well rounded perspective of the commercial and financial world. I believe these experiences allow me to deliver legal and strategic advice in a commercial context that clients appreciate.
-What are some of the biggest issues facing the corporate sector in Australasia right now?
In one word, transition. Over the past year we have seen a number of examples of Australian industry – the automotive sector, manufacturing and media to name but a few – who have faced fundamental challenges to the viability of their operations. In some cases, these challenges are simply cyclical and in others cases we have, regrettably, seen some industries move offshore. We’ve also seen the mining sector trying to come to terms with the post-boom environment.
So the corporate sector has had a few things to deal with. Not only are we trying to kick start the economy in a rather unpredictable environment, but we’re also dealing with disruptive new technologies and methods of production which will mean that some industries are under intense pressure to be more efficient and find new sources of revenue. Manufacturing and media are the obvious examples, but I think all corporates will be challenged on this front in one way or another.
Other major issues facing the corporate sector include data and information overload; continued economic and financial uncertainty leading to a short term planning focus; globalisation; accelerating rate of technological change and business complexity; innovation (or lack of it).
- Moreover what are some of the biggest issues facing mid-large size firms in Australasia as a whole?
But overall I am optimistic about where the mid-size sector is heading. We’ve all witnessed the top tier distractions with mergers and globalisation and this provides an opportunity for the more ambitious mid-size firms to move into that premium national service space – provided they can deliver the right value proposition.
- What are your hobbies and interests outside of work?