Linklaters managing partner Gideon Moore will stay in his role until April 2022 after the partnership re-elected him for a second term.
Partners confirmed the former banking head in the role during a two-day annual partnership meeting in Cannes after he stood unopposed. However, his second term will be shorter to bring the managing partner and senior partner terms in sync. Senior partner Charlie Jacobs’ first term finishes at the end of 2021.
Moore replaced Simon Davies as managing partner in January 2016 after seeing off competition from dispute resolution head Michael Bennett and Asia managing partner Marc Harvey. That election was triggered early due to Davies’ surprise decision to join Lloyds Banking Group in early 2016. During his first term he implemented a ‘refreshed strategy’, which saw the firm drop individual partner metrics and annual assessments to focus on team and firmwide performance.
Moore also pushed through lockstep reforms providing more flexibility in moving partners on the equity ladder, introducing a gate at the eighth year of progression and regular reviews for partners who have reached the top of equity.
The firm’s most recent set of financial results were muted, as revenue grew 6% to pass the £1.5bn mark but profits remained flat.
Commenting on his re-appointment, Moore said in a statement: ‘I am honoured to have the opportunity and privilege to continue leading Linklaters. The last few years have been immensely rewarding and my job now will be to continue creating the best conditions for the firm to excel: delivering best-in-class client experience; investing appropriately to manage our business ever more efficiently and innovatively; and ensuring Linklaters is a place where our people can perform to their best and thrive in their careers.’