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This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
The proposed overhaul of Mayer Brown’s management is likely to see the firm establish a seven-member management committee and abolish its two vice-chairman roles.
Under the proposals a seven-strong committee responsible for day-to-day operational management will replace the current 17-member team. The firm will also establish a 12-partner supervisory board for its global network.
If the plan is approved by the firm’s partnership later this month, London partner Paul Maher and Washington DC partner Kenneth Geller will be stripped of their vice-chairman status and will not automatically gain places on the new management bodies.
A former Mayer Brown partner said: “The management structure had been crying out for a change for a very long time. Now that the firm has a significant international network it needs to be run more efficiently. Typically there have been too many people trying to make decisions quickly.”
The firm’s partnership has put forward Chicago partner Bert Krueger to take over the role of chair from James Holzhauer, who has held the post since 2007. It is not yet clear whether London would have representation on either of the proposed new committees.
A former partner said: “Maher’s global role did give London and Europe significant representation. Perhaps Europe isn’t as much of a crucial part of Mayer Brown’s overall strategy as it once was.”