No sooner has the dust settled on one good old-fashioned Clifford Chance election battle than a pair of partners start squaring up for another.
As we report today, London finance head Mark Stewart and London capital markets chief David Bickerton are going head-to-head to succeed Jeremy Sandelson as managing partner at the firm’s City HQ (see story).
The job is up for grabs after Jeremy “Smooth” Sandelson knocked out Denis “The Bull” Brock in the fight to become global litigation head at the firm (see story).
The stakes in the current bout are just as high, with both partners currently heading successful practice groups in the London office.
While Bickerton’s manifesto has yet to emerge, Stewart is running on a golden ticket, vowing to reverse his position on the firm’s 100-point lockstep if he is successful.
After the year that Clifford Chance had in 2008-09, when profit per point dropped from £13,200 to £8,700, that’s bound to strike a chord.
Bickerton, how are you going to beat that?
Meanwhile, partners at Baker & McKenzie are mourning the death of former London managing partner Russell Lewin, who died this week. Read the firm’s tribute here.