'The future may not entirely be in London' – what CC's new senior partner means for the firm
CC's first-ever non-London senior partner points to shifting priorities for international law firms
November 21, 2018 at 11:36 AM
3 minute read
After a month of voting, Clifford Chance (CC's) senior partner elections have come to a close, with Amsterdam managing partner Jeroen Ouwehand securing something of a surprise victory over Paris chief Yves Wehrli in the final round.
While some London partners may be breathing a sigh of relief that they can draw a line in the sand and return their attention to their daily business, others recognise that this line in the sand may in fact be a starting point from which continental Europe can begin to assume a more dominant position in the magic circle firm's hierarchy.
At the outset of the race, Ouwehand was seen as a definite underdog compared to the likes of former London managing partner David Bickerton, insurance head Katherine Coates and former capital markets chief David Dunnigan, given his much lower profile among the City partnership.
One ex-partner said: "In some ways it's high time CC had a European senior partner, but Ouwehand wasn't a frontrunner. I was surprised Bickerton fell by the wayside, and Yves, as they were both quite likely winners."
Former continental Europe managing partner Wehrli was originally seen as the bigger threat to the City-based contenders, but the fact that the final round saw two Europeans go head to head meant an expected block vote failed to materialise.
A CC partner said: "This will be the firm's first non-London-based senior partner, but the interesting thing is that London partners are comfortable with and voted for that. All of the London candidates were strong candidates too, but the partnership still voted for someone outside of London."
Will CC need the number of lawyers in London that it has today post-Brexit? Almost certainly not
The appointment "puts a European stamp on the firm" according to one ex-partner, and in the short-term it appears that Ouwehand will remain based in Amsterdam, with no immediate plans for a relocation, although more travel will be inevitable as he communicates his leadership vision to the wider firm.
Those working on the continent attest to his credibility, with one ex-CC partner describing him as "very sensible" and "well respected", while internally Ouwehand's personality has been compared to that of charismatic US politician Beto O'Rourke.
The continental ex-partner added: "Jeroen has a very direct management style. He's also switched on about development and trusted within the partnership – I'd go so far as to say he's inspirational."
Other leadership roles he has held during his time at the firm have included serving on the firm's partner selection group from 2010 to 2015, while he also heads the continental Europe litigation and dispute resolution practice.
The challenges presented by Brexit and the importance of maintaining strong links with the continent will not have been lost on the partnership, with Ouwehand himself noting that his focus will be to "ensure that we are constantly challenging ourselves to anticipate and respond to changing global and economic realities".
As one former European partner asks: "Will CC need the number of lawyers in London that it has today post-Brexit? Almost certainly not. Will CC need more lawyers in continental Europe? Almost certainly yes.
"Someone who sits at the centre of Europe but not in France or Germany is necessary to head the firm's transformation. If they aren't, the firm will not be well positioned in post-Brexit reality."
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllEx-Spies Reveal How Cybercriminals Exploit Law Firms’ Holiday Vulnerabilities
5 minute read'Get Your House in Order' SFO Warns Corporates, as UK Government Issues Long-Awaited Fraud Guidance
Trending Stories
- 1Revenue Up at Homegrown Texas Firms Through Q3, Though Demand Slipped Slightly
- 2Warner Bros. Accused of Misleading Investors on NBA Talks
- 3FTC Settles With Security Firm Over AI Claims Under Agency's Compliance Program
- 4'Water Cooler Discussions': US Judge Questions DOJ Request in Google Search Case
- 5Court rejects request to sideline San Jose State volleyball player on grounds she’s transgender
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250