Eversheds has re-elected chief executive officer Bryan Hughes to a second successive term.
Hughes was reappointed following an uncontested partnership election. He will hold the role until May 2017.
The firm first elected Hughes to the chief executive role in September 2008 (11 September 2008), replacing David Gray.
Earlier this year Hughes unveiled a ‘2020’ vision to the partnership (9 July 2012), outlining plans to turn the firm into a global leader. The proposals under consideration include conversion into a Swiss verein, and the possibility of giving employees a stake in the business (3 August 2012).
This year Eversheds announced a slight growth in turnover and a profit increase of 10 per cent (18 June 2012).
In a statement Eversheds chair John Heaps praised Hughes’s leadership since taking office.
“All law firms have had to adjust to a new way of doing business and unfortunately economic conditions are unlikely to improve in the short term. Nevertheless, against this backdrop and fierce competition, Bryan’s steady hand and keen eye for business has helped the firm to significantly improve its cash position, profitability and ability to invest in our clients and our people,” said Heap.
Hughes added that he would continue the process of ensuring that all the firm’s staff remained engaged and were proud to be part of Eversheds.