The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
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.
Walker Morris’s long-term chairman is to stand down from the role next month prompting a major shake-up of the firm’s management structure.
Chairman Peter Smart has been with the firm for 33 years and a member of the management committee for 24 years, the last nine as executive chairman.
This year Smart turns 60, which is the firm’s partner retirement age, but will remain as a partner in the corporate department until May 2011.
When he stands down next month the executive chairman role will be scrapped and replaced by a non-executive chairman and managing partner.
Pensions head Andrew Turnbull has been named as non-executive chairman and corporate lawyer Ian Gilbert will become managing partner, following uncontested elections.
Gilbert said the decision to re-introduce the role of managing partner was taken in an effort to separate governance of the partnership, which will be headed by Turnbull, and responsibility for business strategy.
Despite the changes at the top the new-look management team looks set to pursue its single-site strategy, with just one office in Leeds.
Smart said: “The expectation is that in terms of the firm’s strategy there’ll be no material change. There’ll be new vigour but the strategy itself is expected to remain the same.
“It was first adopted 20 years ago and continues to serve its purpose, allowing a very focused approach to the business.”