SNR Denton seeks new UK chief exec ahead of partner pay overhaul
SNR Denton has kicked off a search for a new UK chief executive, as the transatlantic firm prepares to overhaul its global governance structure and amend its partnership deed in line with forthcoming changes to partner pay. Former Denton Wilde Sapte chairman Martin Kitchen has been named as the merged firm's interim UK chief executive, with the firm hoping to have a shortlist of candidates for the role by the end of the month.
March 09, 2011 at 07:27 PM
3 minute read
SNR Denton has kicked off a search for a new UK chief executive, as the transatlantic firm prepares to overhaul its global governance structure and amend its partnership deed in line with forthcoming changes to partner pay.
Former Denton Wilde Sapte chairman Martin Kitchen has been named as the merged firm's interim UK chief executive, with the firm hoping to have a shortlist of candidates for the role by the end of the month.
The move comes after Legal Week reported last week that Washington DC-based Elliott Portnoy (pictured) is to become the merged firm's sole global chief executive, with UK-based global co-chief Howard Morris stepping down to take on an integration brief based in the firm's New York office.
In addition to the UK management change, SNR Denton intends to overhaul its global governance model, with changes planned to both the names and line-up of the firm's existing two-tier governance structure, which comprises a joint board of directors and a global advisory committee.
Final proposals for the new-look teams have yet to be compiled; however, Portnoy hopes to give partners the chance to vote on the plans at the end of the month, at the same time as approving changes to the partnership deed that will officially allow for the alignment in partner remuneration scheduled to take place from 1 May.
The changes will see UK partners moving from a modified lockstep to a merit-based system like that used by the US partnership. The combined firm is likely to retain both full equity and fixed-share partners, with the legacy US firm's current three-tier partnership moving onto the same two-tier system.
Commenting on the governance overhaul, Portnoy said: "The final proposals are being put together by a team of partners at the moment but it will likely see us make some changes to the composition and functions of our boards and the people on them. It is premature to say what those changes will look like but the proposals that are being discussed would see a management board with representation from all parts of the firm."
The merger between legacy Dentons and legacy Sonnenschein Nath & Rosenthal went live in September last year.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllMalaysia’s Shearn Delamore Set To Expand Local Footprint With New Office Launch
CMA Uses New Competition Powers to Investigate Google Over Search Advertising
‘A Slave Drivers' Contract’: Evri Legal Director Grilled by MPs
Trending Stories
- 1FTC Chair Lina Khan Sues John Deere Over 'Right to Repair,' Infuriates Successor
- 2‘Facebook’s Descent Into Toxic Masculinity’ Prompts Stanford Professor to Drop Meta as Client
- 3Pa. Superior Court: Sorority's Interview Notes Not Shielded From Discovery in Lawsuit Over Student's Death
- 4Kraken’s Chief Legal Officer Exits, Eyes Role in Trump Administration
- 5DOT Nominee Duffy Pledges Safety, Faster Infrastructure Spending in Confirmation Hearing
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250