Linklaters has rejigged its 16-strong international board after litigator Greg Reid and corporate partner Tom Shropshire confirmed they would not stand for second terms.
Both lawyers announced they would not be standing for the roles again at a partner meeting on Saturday (5 April 2013) with litigator Christa Band and corporate partner Aedamar Comiskey taking over their spots.
Band will take on Reid’s spot and Comiskey will take up Shropshire’s when the two partners’ terms come to an end next month. The firm allows partners to complete two three-year terms but Reid and Shropshire have decided not to stand again after a single term.
New appointments are made to Linklaters’ board in three tranches so that the make-up changes every year. Last year four new partners were voted onto the senior government body, which is responsible for appointing the managing partner following a soundings process (3 June 2013).
City capital markets specialist Paul Lewis replaced partner Michael Kent, who served for two three-year terms so could not be selected again. Also elected was Düsseldorf corporate partner Klaus Hoenig, representing Germany and Moscow senior partner Dmitry Dobatkin for the Emea and Sweden. Antwerp corporate partner Jean-Pierre Blumberg took up the seat for Benelux.
Linklaters is currently understood to be considering merging its two senior management boards so that more partners can focus on fee-earning, according to sources. Sources said last month that partners were keen to streamline the management process and dedicate more time to fee-earning (27 February 2014). A spokesperson said there were no immediate plans to do this.
The firm currently operates the international board with four committees sitting underneath it. It also runs a 12-strong executive committee. The executive committee comprises the heads of the firm’s three divisions as well as regional managing partners and the chief finance and operations officers.