Lucy Stark, Managing Partner of Holland & Hart.

Colorado-based Holland & Hart, which elected Chris Balch as its new chairman at the end of October, now has a new incoming managing partner too. The firm announced Monday that corporate finance partner Lucy Stark will replace Tom O'Donnell, who served in the position for 11 years, in January 2020.

Both Stark and Balch are based in the Am Law 200 firm's Denver office.

"First and foremost, I'd like to thank Tom for his long and excellent service as managing partner. I'm honored to take on this role," Stark said in a statement. "This is an exciting time for Holland & Hart as we look to harness innovations in technology and client service to meet the needs of our clients from coast to coast."

In an interview, Stark said back-to-back leadership changes were simply a coincidence of timing and not connected to a larger strategic growth plan that the firm has hashed out over the past 12 months.

"We have a great group of lawyers here," Stark said. "We are looking to expand nationally, but we are not looking to grow for the sake of growth."

Holland & Hart currently has over 450 attorneys spread across 15 offices in eight states and D.C.

Stark said that while the firm always entertains calls, it isn't chasing growth through a merger in any particular geographic locale.

Rather, she said, the firm will continue working to deepen the bench for its more profitable practices such as tech, IP and energy.

The firm previously stated that it viewed 2018 as a success even though it suffered declines in revenue, partner head count and profits.

"Over the years, I have watched Lucy evolve into an exceptional attorney with an intrinsic understanding of the firm's mission and values," O'Donnell said in a statement. "I am proud to pass the torch to Lucy and know she will build upon the great strides we have made in the last decade in solidifying our place as a leading law firm not just in the Mountain West, but across the country."

Stark joined Holland & Hart in 2007. Prior to that she was at Gibson, Dunn & Crutcher for over eight years.

Her move into the managing partner role means that the firm once again has a woman and a man in its two most senior leadership roles. Elizabeth Sharrer was the firm chair before Balch.

"We have a history and a culture that supports having women in management at the firm," Stark said.

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