Olswang gears up for elections as firm reviews management team
Olswang has launched its second governance overhaul in three years, with the firm looking to streamline its oversight body ahead of management elections next year after a spate of international expansion. The UK top 30 firm kicked off the review six weeks ago with firm general counsel Simon Callander leading it alongside eight partners.
December 13, 2012 at 07:03 PM
2 minute read
Olswang has launched its second governance overhaul in three years, with the firm looking to streamline its oversight body ahead of management elections next year after a spate of international expansion.
The UK top 30 firm kicked off the review six weeks ago with firm general counsel Simon Callander leading it alongside eight partners.
It comes as chief executive David Stewart (pictured) and senior partner Mark Devereux's existing three-year terms are due to end next April.
Callander's group has been charged with taking soundings from partners about their preferred management structure. Issues up for debate include whether the firm should reintroduce the managing partner role, and whether the board should be replaced by a partnership council.
Proposals are set to be presented to partners in February with a vote to take place the same month. Once the structure has been decided, partners will be invited to put themselves forward for any of the positions.
Olswang last overhauled its management structure in 2010, replacing the managing partner position with a new chief executive role.
The latest review follows a wave of international expansion, with the firm opening in Singapore in early 2012, Paris and Munich in 2011 and Madrid in 2010. As a result of the expansion, the firm's board has grown to around 18 people. Stewart said: 'We are currently carrying out a review to look at whether we have got the right governance structure in place in light of our rapid international expansion in recent years."
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