Freshfields Bruckhaus Deringer has held elections for three posts on its 32-member partnership council, re-electing Rome partner Fabrizio Arossa and appointing German partner Matthias-Gabriel Kremer and London partner Alan Newton to the board for the first time.
The firm’s low-key partnership council meets just four times a year, but the appointment of Newton is strategically important. Newton’s post was formerly held by London tax partner Colin Hargreaves, but unusually for Freshfields, his re-election was contested by several partners.
Ultimately, Newton won because partners felt it was important to have a London finance lawyer on the board.
Two partners who will not be at the next partnership council meeting are Milan duo Paolo Colucci and Giovanni Lega. As revealed by The Lawyer (1 December 2003), the pair are to leave Freshfields to set up a boutique firm.
They have been in discussions with Freshfields’ management for some time about a suitable exit package, but according to sources at the firm, the talks have hit a snag over a tax issue. Freshfields declined to comment.