White & Case confirms new four-year term for firmwide chair Verrier
White & Case's partnership has reelected firmwide chair Hugh Verrier for a second four-year term at the helm of the US firm following an uncontested vote earlier this month. The US law firm's partnership was notified by email last month that no-one would stand against Verrier, despite speculation that New York-based banking chief Eric Berg and London project finance partner Philip Stopford would contest the role.
June 10, 2011 at 06:38 AM
2 minute read
White & Case's partnership has reelected firmwide chair Hugh Verrier for a second four-year term at the helm of the US firm following an uncontested vote earlier this month.
The US law firm's partnership was notified by email last month that no-one would stand against Verrier (pictured), despite speculation that New York-based banking chief Eric Berg and London project finance partner Philip Stopford would contest the role.
Commenting on his reelection, Verrier said: "We are building a truly global law firm, with a clear global strategy and a one-firm culture. To meet our clients' needs, we need to deliver our services more efficiently, drawing on the resources around the world that best serve our clients."
The New York-based litigator took over at the helm of the US firm in 2008 from outgoing managing partner and financial services specialist Duane Wall, following an election process involving more than half a dozen contestants.
Verrier is known for bringing in management consultant McKinsey in 2008 with the aim of improving the firm's profitability. This resulted in a management overhaul which saw the firm align itself by region rather than individual office.
As reported by Legal Week (2 June), the firm's election process will now enter its second stage – the election of an eight-member partnership committee, whose members serve on the compensation committee and the new partners committee.
Verrier, meanwhile, will appoint the firm's executive committee, which is instrumental in making strategic decisions for the firm.
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