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International Edition

Latham & Watkins delays London managing partner decision

Latham & Watkins' has delayed an expected London managing partner vote by at least a year. Corporate partner Nick Cline was selected for the role for a four-year term in April 2010, replacing technology and outsourcing partner Andrew Moyle on his appointment to the Latham's firm-wide executive committee.
2 minute read

International Edition

Lord Goldsmith to co-head Debevoise City office in management reshuffle

Lord Peter Goldsmith QC, the European and Asian litigation practice head of Debevoise & Plimpton, has been appointed co-managing partner of the US firm's London office.
2 minute read

International Edition

Follow the leader – CC die not yet cast as Layton prepares to take the helm

Any law firm manager elected or re-elected in the middle of the last decade probably faced a similar dilemma to Clifford Chance's David Childs: voted in during a boom, these leaders found their roles re-cast as the economy took a dramatic turn for the worse. As many managing partners over recent years will attest, leading a firm through a downturn is certainly a test of mettle, forcing them to take hard decisions about resources and costs that were more easily swept under the carpet during the more forgiving reigns of their predecessors. For Childs, this meant a partnership restructuring and staff cuts among several other unpopular measures, as he attempted to keep CC's turnover and profits on the right trajectory. But as Childs prepares to hand over to managing partner-elect Matthew Layton in the coming months, it is clear that the incomer also has some hard decisions to make, despite taking over in a more positive market.
3 minute read

Legal Week

Follow the leader – CC die not yet cast as Layton prepares to take the helm

Any law firm manager elected or re-elected in the middle of the last decade probably faced a similar dilemma to Clifford Chance's David Childs: voted in during a boom, these leaders found their roles re-cast as the economy took a dramatic turn for the worse. As many managing partners over recent years will attest, leading a firm through a downturn is certainly a test of mettle, forcing them to take hard decisions about resources and costs that were more easily swept under the carpet during the more forgiving reigns of their predecessors. For Childs, this meant a partnership restructuring and staff cuts among several other unpopular measures, as he attempted to keep CC's turnover and profits on the right trajectory. But as Childs prepares to hand over to managing partner-elect Matthew Layton in the coming months, it is clear that the incomer also has some hard decisions to make, despite taking over in a more positive market.
7 minute read

International Edition

Turning the juggernaut – the challenges ahead for CC's new managing partner

It would be hard to imagine the incoming global managing partner of Clifford Chance (CC) facing a more different landscape than his predecessor did eight years ago. Matthew Layton, who takes up the reins at the Canary Wharf behemoth in May, will lead a firm that has several challenges to overcome if it is to usher in a period of growth and change. But the scene the firm's current corporate chief surveys is nothing like that which confronted the outgoing doyen of CC, David Childs, a year after his election in 2006. The pivotal challenge for CC now seems to be maintaining its position as a leading firm in the transatlantic race. Although the firm has indicated that the year ahead will show improved profit and revenue results, the question remains as to whether profitability will grow enough to catch up with its magic circle rivals and fend off the threat of the City's increasingly bullish US contingent – and if it can do so without losing a culture widely regarded as less cut-throat than at some of its competitors.
11 minute read

International Edition

Hogan Lovells launches in Sao Paulo with Clifford Chance partner hire

Hogan Lovells has opened its second Brazilian base after launching a new office in São Paulo. The office will be headed by former Clifford Chance capital markets partner Isabel Costa Carvalho.
1 minute read

International Edition

Addleshaw Goddard staff headcount down by 4% in 2012-13, accounts show

Addleshaw Goddard cut non-partner staff numbers by 4% in 2012-13, according to accounts filed with Companies' House. Staff headcount at the limited liability partnership (LLP) fell from 1,016 to 978 during the year, despite an expansion of the firm's international network.
2 minute read

International Edition

Apple in 'character assassination' of court-appointed legal monitor

The US Department of Justice (DOJ) has accused Apple of pursuing a campaign of character assassination against a Goodwin Procter partner appointed by a court to monitor the company's competition policies.
3 minute read

International Edition

Shell GC Peter Rees to step down after three years in the role

Peter Rees QC has stepped down as legal director of Shell, just three years after joining the company from Debevoise & Plimpton. In a statement, a spokesperson for the energy giant said: "Shell can confirm that Peter Rees is stepping down as Legal Director of the Company with effect from 10 January 2014 to pursue other interests."
2 minute read

International Edition

Swiss arm of CMS network launches in Geneva through local merger

CMS von Erlach Henrici, the Swiss arm of the CMS network, has merged with Genevan firm ZPG avocats, giving the group its first office in the jurisdiction.
2 minute read

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