Capsticks Manches returns to traditional law firm model as CEO prepares for exit By Margaret Taylor 5 July 2012 15:45 17 December 2015 12:49 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Pedant 5 July 2012 at 16:01 I was always pethimistic about her appointment Reply Link Anonymous 5 July 2012 at 16:41 it must be difficult for a chief executive to try and force a bunch of traditionalists to change, just look at all the comings and going at the bar. Who knows what obstacles Judit had to overcome? Anyone? Reply Link Marshall Hall KC 5 July 2012 at 17:58 Her interview last year was pretty extraordinary – criticising your employers in public is never a good strategy to adopt… Looks like someone’s given her a bit of ‘strong leadership’…! Reply Link Insider 5 July 2012 at 18:39 Manches insiders are stating that this was a PUSH after the domineering management style failed to deliver. Reply Link Too shy 5 July 2012 at 18:41 There has been a mass exodus of people leaving both pushed out or unhappy staff due to this so called strong leader. You either with her or against her… Seems the partners have decided enough is enough Reply Link Anonymous 5 July 2012 at 18:51 Isn’t she Leo Dicaprio’s wife in Inception? Reply Link Hang on 5 July 2012 at 23:44 That turnover is pathetic. Why is this even news? Oh it must be because they are in London. A regional firm doing £30m might make it into the Buxton echo Pathetic Merge or die Manches There are a host of firms in skipton that might like a London offering. Reply Link Anonymous 6 July 2012 at 00:13 Petho is a failure in herself for not understanding the remit of the role. The obstacles were limited and the partners just wanted sound leadership in line with their vision not her vision. Manches is a good firm with good people and they clearly have sound judgment to have cut their losses so early in her appointment. Maybe the traditional tried and tested CEO was the way to go and life is a learning curve. Reply Link Anonymous 6 July 2012 at 04:44 Petho deserves great credit for turning the firm around, especially Manches Oxford office, which was in some difficulty prior to her appointment. Her two years with the firm have seen a remarkable improvement in esprit de corps as well as improved financial performance. She had a difficult job which she did well, she dragged a family firm kicking and squealing into the twenty-first century and has encouraged the development of a partnership which is now young and which no longer beholden to a group of divas of a certain age. Whilst Petho has refused to tolerate difficult or under-performing partners ( some of the “old guard” and unsuccessfull leteral hires have either been shown the door or gently encouraged to look elsewhere ), her focus on the hiring and the nurturing of young partners ( witness the successes of family partners such as Rebecca Cockcroft, James Stewart and Anna Worwood, private client partner Anna Burnside, litigation partner Margaret Tofalides and head of Employment Tom Walker) her willingness to topple “sacred cows” within the firm and her astute financial management has left Manches with a strong and enduring legacy – one which should guarantee its’ future stability and profitability. Reply Link Anonymous 6 July 2012 at 10:12 I expect she grew tired of having to pop grapes down a reclining Louis’ cavernous gullet Reply Link Anonymous 6 July 2012 at 12:51 Manches is a small firm run by divas with enough yes men in the ranks to keep them deluded. I think the departure of Judit shows they like it that way. Best of luck to them. Reply Link Anonymous 7 July 2012 at 01:14 Hooray -hopefully the atmosphere might now be more friendly and happier-staff need to feel valued and cared for -and a smile and a thank you costs nothing but creates a positive environment throughout. Reply Link Anonymous 7 July 2012 at 07:51 Anonymous at 6 July 4.44am is clearly trying to sound as if they are in the know – but the facts are wrong. She has not ‘hired or nurtured’ the named partners in any shape or form – they are all big successes DESPITE Petho. Cockcroft has been there over 10 years and had no day to day contact with Petho whatsoever – ditto Stewart (there 7 years) who is highly successful despite Petho. Worwood was a rising star well before Petho joined only 18 months ago. Petho has indeed tidied up some of the finances and streamlined some of the back office, but her leadership style was a mix between dictatorial and invisible. She made no effort to communicate with the partners – and when asked to join some of them for an evening drink she announced ‘I am not here to make friends!!’ Fair comment but she made a whole lot of detractors instead. To be honest – she probably thought her management style was what was needed, as can be seen in her Lawyer interview, but she completely underestimated them – she treated them like a bunch of idiots and the worm turned Reply Link A Friend 7 July 2012 at 10:02 Plenty of yes women in there too ! Reply Link Anonymous 7 July 2012 at 18:59 Nurturing was never any part of Petho’s management ‘style’ – the excellent young lawers mentioned above are doing so well because they are exactly that, excellent. and would be so without Petho. In addition, the only thing ‘kicking and squealing’ at Manches in the past two years has been Petho herself. Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.