Gerard Tavernier, the legendary senior partner of France's largest independent law firm Gide Loyrette Nouel, is set to retire from the firm in December.
Tavernier hands over the reins to Pierre Raoul-Duval, who was elected unopposed after the partnership decided he was the obvious choice to succeed Tavernier.
Tavernier said: "Pierre has played a major role in developing Gide’s unique international strategy, establishing our presence in the Middle East and the United States, two of our most important markets."
The pair will work in tandem until December when Tavernier retires. Tavernier has been senior partner at Gide for nine years. He took after the firm had been shaken by a number of splits and departures and has overseen a period of unprecedented growth.
Turnover has increased by over 150 per cent during Tavernier's nine-year reign and the firm has initernationalised with new offices in the UK, Central and Eastern Europe, China, Hong Kong and North Africa.
His successor Raoul-Duval heads the arbitration department. He established the firm's Riyadh office in 1978 and its New York office. He will serve alongside managing partner Xavier de Kergommeaux, who has been re-elected for a third term.