The two contenders for the position of global corporate head at Clifford Chance have published their manifestos as the contest moves into its final days.
London office head Peter Charlton and Italy head Nick Wrigley are standing for the post, which was vacated by David Childs, who is now the chief operating officer at the magic circle firm.
Following soundings among the partnership, Charlton’s name was the only one to emerge. But a week before the deadline, Wrigley declared his intention to stand – effectively pitting the London and Con-tinental European constituencies against one another. With more partners on the Continent than in London, insiders are predicting a close finish.
Both partners have focused on cross-selling and integrating the various corporate practices from different jurisdictions.
Charlton has underlined the corporate group’s target of increasing revenues by 10 per cent every year and has focused on building synergies between Asia and the rest of the network, with a particular emphasis on China, plus a push for growth in the Middle East. Charlton’s document ends with a plea to partners to talk more to each other. His manifesto concludes: “We do not do enough of this or see enough of each other.”
Wrigley has called for a programme of cross-selling within Europe and an aggressive rebuilding of the equity capital markets practice. His manifesto reads: “The management of the practice needs to be more supportive of all partners and less concerned with hierarchy.”
Charlton and Wrigley were unavailable for comment.