Perth's super-rich Wright family has reaped a further $235 million in profits from iron ore royalties, but the most revealing number in their family company accounts was the big spend on lawyers.
Private Perth company Wright Prospecting has bolstered its already impressive ranks with the recruitment of top lawyer Peter Wiese, who will guide it through continuing legal disputes with fellow Perth company Hancock Prospecting.
Nine international and interstate law firms have entered the WA market in the past two-and-a-half years and more are likely to follow. The industry is still debating what it really means.
