Clifford Chance adds German banking partner to partnership council

Clifford Chance has named banking partner Barbara Mayer-Trautmann as its newest partnership council member following new Middle East partner Robin Abraham’s election to Middle East managing partner. 

Abraham stepped down from the firm’s partnership council in March after winning a spot two years ago. He stood down from the position and gave up his place on the audit committee but remained on the firm’s global finance practice leadership group (27 March 2014).

Mayer-Trautmann takes up her role this month and will serve for three years alongside fellow members including senior partner Malcolm Sweeting and London litigation partner Simon Davis.

The board was slimmed down to four partners in 2010 following a reduction in the council from 12 members to seven (23 March 2010).

It was last revamped last year when Beijing corporate partner Tim Wang and Washington DC banking and finance partner Catherine McCarthy gained seats on the firm’s governing body (25 February 2013).

They replaced Hong Kong dispute resolution partner Martin Rogers and Frankfurt corporate partner Daniela Weber-Rey. Rogers and Weber-Rey were both elected in 2010 for a three-year term (23 March 2010)

Existing council members litigation partner Simon Davis and insurance partner Katherine Coates, both based in London and added to the council in 2010, were re-elected to serve for a further two years, until 2016.

The partnership council now comprises council chair and senior partner Sweeting, Mayer-Trautmann, Coates, Davis, De Palma, McCarthy, and Wang. Its role is to monitor the performance of the firm’s management committee and its members, to ensure that the firm is managed in a way that is fair to all partners, to safeguard the reputation of the firm and to organise votes and elections required under the partnership agreement.

The firm could also see a reduction in its management committee under the term of new managing partner Matthew Layton, who pledged to consider reducing it to nine from 16 as well as looking at scrapping salaried partner bands (28 November 2013).