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German firm CMS Hasche Sigle has elected a new managing partner to replace Cornelius Brandi, who will step down to become senior partner next year.
Hubertus Kolster, a corporate partner, was elected at the firm’s annual partner meeting on 13 November and will begin his four-year term on 1 July 2011.
Kolster said he will address the increasing shortage of junior lawyers at the firm and focus on making the most of Germany’s resurgent economy.
Brandi, who has served as managing partner for 12 years (four three-year terms), will move into the role of senior partner, replacing Joachim Gres, who is stepping down after 10 years in the job.
Under Brandi, the number of lawyers at CMS Hasche Sigle has doubled to around 600 and its fee income has tripled to over €200m, according to a statement by the firm. Brandi will keep his position as chairman of the executive committee of the international CMS organisation.
Kolster has been managing partner of CMS Hasche Sigle’s Frankfurt office since 2009. He joined CMS in 1999 when Peltzer & Riesenkampff merged with the firm.