Travers Smith managing partner Patient appointed for second three-year term
Former Paris head Patient appointed to second-three year term at helm of Travers
January 09, 2018 at 05:25 AM
2 minute read
Travers Smith managing partner David Patient has been appointed for a second three-year term, with effect from 1 July 2018.
Corporate partner Patient was first appointed managing partner in January 2015, succeeding Andrew Lilley who served in the role for five years.
He joined Travers in 1990 and previously led the firm's Paris office, which he established in 1999.
Patient said: "It is a great privilege to be Travers Smith's managing partner. I have spent my whole career at the firm and, over the next three and a bit years, will ensure we maintain the winning formula that makes it so special for both our clients and our people."
In its most recent financial results the firm posted a 3.8% turnover increase to £125m, against a drop in profit per equity partner (PEP) of 4.4% to £970,000.
When Patient took the role on in 2014-15, revenue stood at £106m while PEP was £935,000.
Senior partner Chris Hale said: "Over the last three years, David's leadership, commitment, ideas and contribution have placed the firm in a strong and enviable position in the legal market. We now have a solid platform for the future growth and success of the firm and I look forward to working with David on a range of management and strategic matters in 2018 and beyond."
Hale was reappointed to a second two-year term as senior partner in January 2017.
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