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Mayer Brown Rowe & Maw (MBRM) has confirmed that three partners will assume the duties of chairman when incumbent Ty Fahner steps down next May, as first reported on www.thelawyer.com (18 August).
The firm’s policy committee voted that general counsel James Holzhauer, UK managing partner Paul Maher and head of the Washington DC office Ken Geller should form a leadership troika for the firm.
Holzhauer will become chairman as of 1 June 2007, with Maher and Geller acting as his vice chairs. The three are already members of MBRM’s management committee.
Each member of the ‘office of the chairman’ will have separate responsibilities that play to their respective expertise. Holzhauer will oversee risk management, global integration and operations, Geller will be in charge of global operations, and Maher will head up the firm’s global strategy.
Fahner said in a statement: “It makes sense to align primary responsibilities with individual leader’s strengths.”
Fahner, who has been chairman for 12 years, must step down in May due to firm policy that states that partners are unable to carry out leadership positions after the age of 64.
He has overseen a period of massive expansion for MBRM, including the transatlantic merger of Mayer Brown & Platt and Rowe & Maw in 2002.
The firm, which has gone from 800 to 1,400 lawyers under Fahner’s leadership, projects revenues of $1bn (£530m) this year.