White & Case Chair Hugh Verrier To Serve Fourth Term
First elected to lead the firm in 2007, Verrier will now be at the helm until 2023.
May 20, 2019 at 10:44 AM
2 minute read
White & Case has elected chairman Hugh Verrier to a fourth consecutive term, to begin in September.
Verrier was first voted into the position in 2007 and will now remain in the post until 2023.
After joining the firm 35 years ago, Verrier became a partner in 1994. He was elected to the firm's global management in 2004.
The project finance lawyer spent much of his career overseas in Indonesia, Turkey and Russia, where his practice was focused on the development of natural resources.
White & Case is has just over one year remaining in an ambitious five-year strategy, launched in 2015, which aimed to bolster its headcounts in New York and London to a total of 500 attorneys. The strategy also called for targeted growth in M&A, private equity, capital markets and disputes practices.
Earlier this year, the firm revealed that it had crossed the $2 billion mark in annual revenue for the first time and it has grown profits for eight consecutive years.
Verrier attributed White & Case's strong performance to the success of its strategic plan, not just the healthy global economy, telling the American Lawyer in February that the firm had surpassed some of its key financial goals two years ahead of schedule.
One outstanding goal from the plan is to cross the $1 million threshold for revenue per lawyer. Verrier said he hopes to achieve that milestone this year.
The firm did shake up leadership in its London office in 2018, appointing capital markets partner Melissa Butler to replace Oliver Brettle, who remains on the firm's four-member executive committee.
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