A committee at Simmons & Simmons has been established to take nominations for the roles of senior and managing partner.
Senior partner David Dickinson’s term comes to an end in July 2011 and the firm’s chief, who has been in the role since 2006 and was previously managing partner for six years, is widely expected to retire.
Managing partner Mark Dawkins sees his term expire in March 2011. He has not yet announced whether he will stand for re-election, but sources close to the firm think he should.
One said: “I think it would be better for the firm [if Dawkins did stand]. He understands the firm. Most new managing partners are failures in the first term and no firm, especially Simmons, can afford to be in that situation.”
Another said: “Management doesn’t seem to be articulating where the firm is going.
“I think Mark could do a good job but he hasn’t yet stamped his authority on the firm.”
Financial markets head Jeremy Hoyland has also been suggested as a possible nominee for the managing partner role, but he was unavailable for comment.
Simmons refused to comment.