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 (A&O) has completely overhauled its global management board. Only Amsterdam corporate partner Sietze Hepkema was re-elected.
The four new members are almost entirely City-based. They are litigation specialist Tim House, corporate partner Alan Paul, banking partner Ian Powell and international capital markets partner Boyan Wells, as first revealed on www.thelawyer. com (23 March).
Projects partners Anne Baldock and Jonathan Brayne and Brussels managing partner Wim Dejonghe were dropped from the board after standing for re-election.
Global head of business acceptance Mark Welling did not stand for re-election because he plans to retire.
A number of A&O partners said they were surprised by the result.
One source told The Lawyer that partners were unprepared for some of the departures. "I think most people would say that it was a very strong line-up," the source said. "But it's definitely a shock that Anne wasn't voted in. She was a very committed board member and I would have put money on her being re-elected."
London-based candidates who stood for election but were unsuccessful were financial regulatory partner Paul Phillips and employment, pensions and incentives partner Karen Seward.
Unsuccessful candidates outside the City included German corporate partner Reinhard Hermes, Paris tax partner Siamak Mostafavi and New York banking partner Carl Sheldon.
The new board members will serve for four years from 1 May.
Managing partner David Morley, senior partner Guy Beringer and finance director Ian Dinwiddle continue as members of the board.