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Clifford Chance is set to confirm Mark Campbell and David Dunnigan for another four years as heads of banking and capital markets.
Partners were informed today that after the close of the nominations, no candidates had come forward to stand against the incumbents. There is now the formal process of a vote to confirm the appointments.
Both Campbell and Dunnigan were elected in 2002. Dunnigan was elected head of capital markets with no opposition, but in the banking group there was a three-way vote between Campbell and fellow London banking partners Mark Stewart and Malcolm Sweeting. Mark Stewart was last year appointed head of the London banking practice.
According to The Lawyer UK100 Annual Report, Clifford Chance’s banking department generated £243m globally, a rise of 9 per cent in revenues. However, the capital markets team’s turnover fell five per cent to £113m last year.
The combined groups account for 35 per cent of Clifford Chance’s total turnover, which last year was just over £1bn.