The new partner will also serve as Ashurst’s regional bank industry head in APAC
Mavrakis had practised with Clayton Utz since the start of his legal career more than 25 years ago. His considerable experience covers large-scale, complex litigation related to matters such as commercial disputes, regulatory and internal investigations, class actions, securities law, cartel disputes, fraud and tax disputes both locally and internationally.
A renowned litigator who has been honoured by Chambers and Partners, among others, he has guided Australian and international clients in corporate and banking. He has also advised on complex regulatory investigation and disputes in the financial services sector, including financial planning, responsible and consumer lending, markets, culture and governance issues.
In the course of his career, Mavrakis has dealt with the ASIC, ATO and ACCC. He has also worked on Royal Commission matters.
“We are delighted to welcome Nick to Ashurst. His talent, expertise and client relationships will add significant bench strength to the firm's existing capabilities, and he will be instrumental in supporting the firm's strategy to grow our global dispute resolution practice,” said Lea Constantine, who is the global head of strategic advisory at Ashurst. “Nick's practice aligns very much with Ashurst's areas of focus and we are looking forward to working with him to pursue the opportunities that this presents.”
In addition to bolstering the dispute resolution practice, Mavrakis has also been appointed the firm’s new regional head of the bank industry in the APAC region.
“We are thrilled that Nick is joining Ashurst. He is a market-leading partner and will play a significant role in the next phase of the growth of our dispute resolution practice. His appointment is an exciting opportunity for our partnership, not just in Australia, but globally,” said Paul Jenkins, Ashurst global managing partner. “In addition to his stellar reputation as a disputes partner, he will play a wider relationship role in the Asia Pacific region with many of our banking and financial services clients.”
Mavrakis will work from the firm’s Sydney office.
Earlier this month, Ashurst also lured four veterans from Big 4 firms Deloitte and PwC to expand the offering of its consulting arm.