CC partners set to vote on new-look council

The council has been reduced from 12 members to seven as part of managing partner David Childs’ bid to streamline management structures at the magic ­circle firm.

Senior partner Stuart Popham will automatically take one place on the new body, while two other ­current members have been ­nominated for re-election to ensure continuity. These are thought to be New York finance partner Thomas Schulte and Amsterdam M&A partner Jeroen Koster.

Partners will vote ­separately on whether to re-elect the pair, while also nominating five other names, which could include current members.

Another change will see the requirement for a set number of council members from certain jurisdictions removed. However, no more than two partners from any one country can be elected.

The overhaul of the firm’s governance comes after a review of management structures was rubber-stamped by partners last month. Other changes include the removal of a ­partner’s right to protest a ­termination notice and the shortening of the ­warning period to ­underperforming partners.