Freshfields Bruckhaus Deringer has opted to ditch the dual senior partner role with a single partner filling the position following an autumn election.
Current joint senior partners Konstantin Mettenheimer and Guy Morton have jointly held the top job since 2005, but both are standing down at the end of this year.
The joint senior partner position came about following the merger of legacy firm Freshfields with Germany’s Deringer Tessin and subsequently Bruckhaus Westrick Heller Loeber.
Nominations for the new role will take place towards the end of the summer before candidates issue manifestos and take part in hustings at September’s partnership retreat.
In the UK, names thought to be in contention include head of corporate finance Barry O’Brien and the co-head of global financial institutions William Lawes. In Germany, corporate partners Andreas Fabritius and Ludwig Leyendecker and tax partner Stephan Eilers are understood to be ready to throw their hats into the ring.
The senior partner role is the only management position at the magic circle firm to be decided by a full partnership vote.
Chief executive Ted Burke and managing partner Peter Jeffcote will also see their terms end this year, but both successors will be decided by the firm’s partnership council.