New Zealand’s Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

The growth of business opportunities continues to attract a multitude of lawyers in both corporate law and those involved in entrepreneurial activities.

We have previously reported on the ‘millionaire factory’ of Russell McVeagh, which has led to the creation of a significant number of business leaders.

The firm has produced a clutch of business leaders and millionaires, including the power lawyers from the 1980s including Power List leader Peter Cooper and his fellow Russell McVeagh alumni such as Geoff Ricketts and Robin Congreve who helped shape modern business with such major business operators as Douglas Myers, Alan Gibbs, Michael Fay and David Richwhite, Adrian Burr and others.

But other firms have also provided major success stories, some of whom are identified in our Power Lawyers in Business group below:

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

Claudia Batten, the Wellington-and-California-based entrepreneur

That success was followed up by her Colorado-based Victors & Spoils (V&S), an advertising agency built on the principles of crowdsourcing, which was sold to a French company in 2012 for an undisclosed amount but, safe to say, enough to create additional substantial wealth.

A person given to work mentoring and encouraging others to achieve their dreams she is the youngest recipient ever of the World Class New Zealand Supreme Award at 39 years old. Claudia is also a recipient of the Sir Peter Blake Leadership award recognizing her as a Kiwi Leader working to achieve the extraordinary for New Zealand. She also won the High Tech Awards Flying Kiwi award in 2018 and was awarded the Outstanding Contribution to Technology and Business in New Zealand award at the 2017 CIO Awards.

She is a digital adviser to Westpac and was recently appointed as a director of Air New Zealand.

Described by Russell McVeagh principal Polly Pope as a ‘force of nature’, she continues her entrepreneurial journey, founding SquigglyLife.com, a website for ‘suigglers’ whose lives follow a non-linear path like her own. Her idea? Don’t follow a cookie-cutter existence, but make your own tracks.

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New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

The name says it all, of course, but as not only a power lawyer, but also LawFuel’s first Lawyer of the Year following his final year as Justice Minister, Simon Power has become TVNZ CEO, from which he recently resigned. .

A former partner at Fitzherbert Rowe in Palmerston North, he was elected to Parliament in 1999 and served three terms on the opposition benches before National\’s win in the 2008 election, following which he became Justice Minister before resigning in 2011 to take up his role with Westpac.

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

The English-born lawyer set up Mint Asset Management in New Zealand after settling in the country with her New Zealand company director husband in 2004. After qualifying as a lawyer she decided against a carer in law and opted for business, developing a successful corporate role before also venturing into property investment.

She started Mint Asset Management following her move to New Zealand and has built the business into one of the largest fund management companies in the country. She also served on the first board of the newly established Financial Markets Authority.

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Former Simpson Grierson partner McGuinness joined the Wellington-based family construction and property development firmproperty arm Willis Bond to become Managing Director of Development.

A former lawyer experienced in technology matters (having worked in the United Kingdom for the former Cable & Wireless, then NTL and now Virgin Media, he also handled sports law issues before leaping into the family property and construction business.

Willis Bond has become a major developer in Wellington and Auckland since its establishment in 1988 with 26 projects valued at $2.3 billion. The Group originated out of the LT McGuinness Group, which was originally established as a Wellington drain-laying business. The companies have dominated the capital’s construction scene building some of the most complex and significant developments.

Notable developments include the Chews Lane Precinct and Clyde Quay Wharf in Wellington and ,ore recently, Wynyard Central in Wynyard Quarter which received 2019 New Zealand Architecture Awards and an Excellence Award at the Property Industry Awards. Commercial projects also include the Wellington Convention Centre, the PwC Centre and 100 Cuba Street in Wellington.

He is also a director of the Property Income Fund, which raised $250 million in 2020 for long-term property investment assets.

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

The former Wellington solicitor who became Chief Executive of Westpac in 2015 until has become something of a Mr Fixit for the government, handling roles that require a firm hand and sound business thinking.

Current the Chair of both Kiwi Rail and Kiwi Group Capital, the holding company for Kiwi Bank and New Zealand Home Loans, the Kiwi solicitor is more Kiwi than sausage rolls, and proud of it.

His tenure at Westpac saw him develop a reputation as a popular and successful leader at the bank, it is perhaps noteworthy that the entire executive team left within six months of his departure from Westpac.

During his time, he promoted a number of diversity and inclusion initiatives, including being one of the first corporates to become a Living Wage employer, and was an inaugural member of Champions for Change.

The boy form Whakatane who first acted as a lawyer in private practice before working for NatWest, Southpac/National Bank and Deutsche Morgan Grenfell as well as establishing the New Zealand branch of Deutsche Bank.

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

Sophie Gilmour’s hospitality success in Auckland and elsewhere is a long way from the days when she helped set up the Auckland Young Lawyers Committee.

While moonlighting at her job with a Ponsonby Road bistro during her job at Kensington Swan she embraced her love of food and the hospitality business and ‘jumped ship’ from her role as a junior barrister to found Bird on a Wire, which she built and sold successfully in 2018.

Law did not draw her into its clutches, but rather her love of food and the hospitality business, which saw her set up Fatima’s after the sale of Bird on a Wire, as well as establishing Auckland’s co-working space, The Village.

She also serves as a hospitality business consultant through Delicious Business, is on the board of CoOfWomen, and is a trustee for the charity DineAid.

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

Leading director of some of the country’s largest companies, former Simpson Grierson partner Verbiest holds a clutch of directorships, seeing him running from chairing Meridian Energy to Summerset Group.

He previously chaired Freightways Group and the ANZ Bank until late 2022 and held board positions with both Spark and Transpower.

A seven year hiatus with (then) Telecom as company secretary and member of the company’ senior executive team saw him subsequently develop his network as a consultant to a variety of companies across multiple commercial areas ranging from telecommunications to medical insurance, banking and property.

His work on a range of strategic and governance issues, including undertaking substantial work within the energy and communication industries, including as chair of the Electricity Industry Transmission Pricing Methodology Project and a board member of the Financial Markets Authority and member of Treasury’s independent panel on mixed ownership.

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New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

Another Russell McVeagh alumnus, the Northland truck driver’s boy Peter Cooper has overseen a stellar business career in New Zealand and the United States, where he has developed property at his Newport Beach home and is developing a town in Texas at Southlake in the Dallas Fort Worth Metroplex.

His entree to big business came through his meeting with former carpenter Chris Mace, who Cooper met on Muriwai Beach where Mace was a lifeguard and Cooper a surfer. The two later formed Mace Developments with two other then-Russell McVeagh partners as directors: Geoff Ricketts and Robin Congreve. In 1986 Mace Developments was acquired by LD Nathan and two years later Douglas Myers\’ Lion Corp. merged with LD Nathan in a controversial deal.

Meanwhile, back at the kiwi ranch his Cooper & Company has developed the exclusive Northland Landing property, the exquisite \’AirBnB for Billionaires\’ and the major development at Britomart, Auckland. He also owns a clutch of homes on Takapuna\’s clifftop Clifton Road and has significant other property and investment interests.

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

Former Russell McVeagh corporate lawyer Grant Kemble is the Chief Executive Officer of Ngāti Whātua Ōrākei Whai Rawa, having previously been CEO at Perpetual Guardian and a Chief Risk Officer at Heartland Bank.

He acted on the purchase of Guardian Trust by Barnes’ investment vehicle, Bath Street Capital, and Milford Asset Management and then moved to PG Trust. Ngāti Whātua Ōrākei has well over a billion dollars in assets with major commercial and residential projects across Auckland.

With a property portfolio worth perhaps two billion dollars, plus high level philanthropy work, provide Sir Michael Friedlander with a unique power within the legal profession.

A consultant to his firm, Keegan Alexander, he was knighted in 2016 and is a Companion of the New Zealand Order of Merit for services to the community.

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Power List duo: Sir Michael Friedlander with fellow Power List member Dame Patsy Reddy upon receiving his knighthood in 2016

His companies Samson Corporation and Sterling Nominees own large commercial and retail properties on some of Auckland\’s main roads, including Ponsonby, Dominion and Great North roads.   Included in the vast portfolio are the Geyser and Axis buildings in Parnell and the Ironbank building on Karangahape Road.

He is a well-known philanthropist through the Friedlander Foundation, as well as donating generously to the Liggins Institute, the Auckland Art Gallery, the Royal New Zealand Ballet and the Jewish community.

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

Greymouth Petroleum boss Mark Dunphy made headlines with his attempts to retain the Americas Cup competition in New Zealand waters, promising to financially support part of his half billion dollar fortune to doing so, along with the assistance of fellow Power List member, senior King’s Counsel and yachtsman Jim Farmer.

Greymouth Petroleum is the second largest locally-owned and operated production and exploration company whose assets include the onshore Turangi, Onaero, Kowhai, Radnor and Ngatoro gas fields. He has formally been chairman of ASX-listed Cultus Petroleum and privately owned Australian company Interstate Energy.

He also hit the headlines with his lawsuit against Energy Minister Megan Woods over the government’s moves under the Crown Minerals Act halting offshore gas and oil exploration. But it was his battle to retain the America’s Cup and crossing swords with Cup boss Grant Dalton, saying he made no apologies for being patriotic when it comes to the America’s Cup.

Mark Binns

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

Former Simpson Grierson partner Mark Binns was CEO of Meridian Energy from 2012 to 2017, during which he prepared the company for New Zealand’s largest IPO.  He worked for Fletcher Building and its predecessor Fletcher Challenge for 22 years handling major operations of the group.

His report in 2022 into the Ports of Auckland\’s disastrous container terminal automation project made headlines and identified multiple failures in company governance, management and accountability of the failed project. 

He is a director of Crown Infrastructure Partners in 2018 and then chair in March 2020 and has been closely involved in many of New Zealand’s largest infrastructure projects, including the Wiri Prison public-private partnership, Waterview Connection, Eden Park, SKYCITY, Museum of New Zealand Te Papa Tongarewa and the Manapōuri tunnel.

Whaimutu Dewes

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

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Whai’  Dewes, of Ngāti Porou and Ngati Rangitihi descent, holds a powerful postition among a number of key organisations and companies.

After working in senior roles for Fletcher Challenge, he has been heavily involved as director with Housing New Zealand, Television New Zealand, Māori Television, and Ngāti Porou Holding Company. He currently serves on the board of Contact Energy and chairs Ngati Porou Seafoods and Ngati Porou Forestry.

He has established himself as a leader in Māori business organisations, with particular expertise in fisheries, and is the current chairman of Sealord Group and Moana New Zealand. He also served as a member of the Treaty of Waitangi Fisheries Commission in its first 10 years.

Claudia Batten

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

Another former Russell McVeagh millionaire, Claudia Batten spent three years at the firm from 1998 until 2001. A serial entrepreneur Claudia Batten is Wellington-born who has shuttled between New Zealand and the United States but is now principally New Zealand-based. She set up two massivley successful startups, her gaming company Massive was sold to Microsoft no less in 2006 for a reported USD400 million.

That success was followed up by her Colorado-based Victors & Spoils (V&S), an advertising agency built on the principles of crowdsourcing, which was sold to a French company in 2012 for an undisclosed amount but, safe to say, enough to create additional substantial wealth. She is now involved as a founder of Broadli, an app to make digital connections work effectively.

She is a digital adviser to Westpac and last year was appointed as a director of Air New Zealand.

She is also a director of digital travel company and NZX listed Serko and writes a well-read blog on her life\’s journey at The Squiggly Life.

Christopher Chandler

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

Chris Chandler massive fortune stems from his reputation as a \’contrarian investor\’, but his wealth also lead to a successful defamation case over alleged links to Russian intelligence, leading to subsequent apologies from controversial MPs Bob Seely and Chris Bryant, among other published retractions.

Working with his brother, the two inherited their Chandler House furniture business before moving to greener pastures in Monaco from which they started the Sovereign business.

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The Times covered allegations against Christopher Chandler in 2018, which lead to retractions and costs orders in favour of Chandler

Simon Herbert

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

Auckland developer Simon Herbert leads an extravagant lifestyle and is yet another Russell McVeagh (and Rudd Watts & Stone, now MinterEllisonRuddWatts) lawyer who set up his development company investing in major real estate developments including the Bayswater Marina Village and the Hobsonville Marina

In 2018 his Orewa West sub-division property that he purchased for $3.9 million four years ago was sold for $62.8 million.

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He also  hit the news with the $20 million sale of their Remuera Mansion,  (above) which was formerly owned by David Richwhite, and in respect of a stoush over a deal involving 246 Queen Street.

He and wife Paula had just bought a Cremorne St property, a modernist Brent Helena concrete place with its own boat-shed, helicopter pad, pool overlooking the waterfront and beachfront access for a record-breaking $30 million.

Less successfully, he also bought the moribund Sheraton Hotel in Rarotonga, selling it a couple of years later after claims the long-troubled property was cursed.

New Zealand's Millionaire-Making Law Firm And The Dozen Power Lawyers in Business

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