The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Allen & Overy has appointed the five new directors for its management board, following a competitive election process involving 14 partners. Managing partner John Rink, senior partner Guy Beringer and finance director Ian Dinwiddie were automatically included on the board. The five elected directors are London-based partners Anne Baldock and Jonathan Brayne, Belgian partner Wim Dejonghe, Dutch partner Sietze Hepkema and Germany-based partner Mark Welling. Dejonghe and Hepkema replace global head of corporate Richard Cranfield and Italian-based partner Guido Brosio, although Hepkema was already a co-opted member of the board. Beringer explained Cranfield's departure, saying that it is unusual for heads of practices to be on the management board. The board is the most important entity in the firm and is responsible for central policy-making decisions and long-term strategy. The management committee, which is made up of the heads of practices, is responsible for the day-to-day running of the firm. Beringer said that he was pleased with the outcome because the representation is balanced geographically as well as along product lines. "It shows how well integrated the firm is following the merger with the Benelux firms and it demonstrates how quickly the partners have been integrated and have become influential across the firm," he said. The last election was two years ago, but under the firm's constitution it was agreed that the elections will be held every four years from the board's second term.