Lovells is set to usher in a new era of management after partners elected “wild-card” candidate John Young to replace long-time senior partner Andrew Walker.
Young, Lovells’ head of corporate insurance, emerged as the surprise winner on Saturday (15 November) after beating Walker and joint head of corporate Hugh Nineham.
Litigator Walker has held the post since 1996, during which time Lovells embarked on its wide-reaching European expansion programme. It is understood that at this election Walker opted to stand for just two years rather than the firm’s usual four-year term for senior partners.
Young will continue in his role as head of the corporate insurance group when he takes over from Walker on 1 May 2004. He will also serve as the chairman of Lovell’s partnership council, working alongside managing partner Lesley MacDonagh who chairs Lovell’s international executive.