Ashurst managing partner to stand down ahead of schedule
Ashurst managing partner Simon Bromwich has announced to the firm's partners that he will stand down at the end of the financial year. Bromwich, who was originally named managing partner in 2004 after only five years as a partner with Ashurst, succeeded Justin Spendlove in the role and was reappointed in January 2007 and January 2010.
February 01, 2012 at 05:22 AM
3 minute read
Ashurst managing partner Simon Bromwich has announced to the firm's partners that he will stand down at the end of the financial year.
Bromwich (pictured), who first took the managing partner role in 2004 after only five years as a partner with Ashurst, succeeded Justin Spendlove in the role and was reappointed in January 2007 and January 2010.
He was due to stand down at the end of the 2012 calendar year, but the senior management team has brought the date forward to the end of April due to the timings of the proposed tie-up with Australian firm Blake Dawson.
Bromwich will subsequently take over as head of litigation, a role that has been held by Ed Sparrow on an interim basis since the departure of longstanding litigation chief Michael Madden for US firm Winston & Strawn last year.
In contrast to the senior partner role, which is an elected position, at Ashurst the managing partner appointed by the firm's eight-member management board. A decision expected towards the end of the summer, with Ashurst unlikely to formally consult with partners about the decision.
Partners within the firm have cited names including European corporate chief Simon Beddow and real estate partner David Jones as potential successors to Bromwich in the managing partner role.
One partner commented: "Simon [Beddow] has significant management experience and would want to do it, but the reality is that there would be tension between him and Charlie [Geffen]."
A former partner added: "David Jones is being groomed for the role and as a real estate lawyer, his appointment would create more of a balanced management team."
The new managing partner will also replace Bromwich on the committee charged with over seeing integration in the run-up to their planned merger with Australian firm Blake Dawson in 2014.
Bromwich commented: "I am proud to have been managing partner of the firm for the last eight years, during which time we have seen so much change, both within the firm and the market. Now is an ideal time for someone to take over and I have no doubt that the firm will continue its progress towards being one of a small number of premier global firms.
"I am also very much looking forward to rejoining the dispute resolution team, which is doing extremely well across our offices."
For more, see Finally, a decisive step: Ashurst's long journey to a globally transformative merger.
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