Linklaters to vote on proposal to scrap four international board roles as part of governance review
Linklaters partners will vote tomorrow on plans to shrink the firm's international board by four members as part of a wider review of governance issues, Legal Week understands.
November 24, 2014 at 05:50 AM
2 minute read
Linklaters partners will vote tomorrow (25 November) on plans to shrink the firm's international board by four members as part of a wider review of governance issues, Legal Week understands.
The firm has ruled out a merger of its executive committee and international board, but is set to vote on whether to scale it's 15 member intenational board down to 11, in line with moves by other firms, most notably Clifford Chance, to streamline management strata in recent years.
The firm is also understood to be voting on proposals to keep firmwide managing partner Simon Davies (pictured) as a non-voting member of the board and to rename the international board the 'partnership board'.
After the firm's partner conference in Barcelona in April, Linklaters opted to return to holding bi-annual strategy meetings, giving the opportunity to review strategy at the mid-point of the financial year.
The firm would not officially comment on items on the agenda tomorrow, but other issues up for discussion could also include its US and Asia strategy.
If Linklaters did decide to trim its international board, it would follow in the footsteps of Clifford Chance, which shrunk its management committee from 16 members to 12 earlier this year.
Linklaters' international board currently meets around six to eight times per year and is headed by Davies and senior partner Robert Elliott.
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