LB100 firm Taylor Wessing’s managing partner, Tim Eyles (pictured), is set to stand unopposed in the firm’s upcoming management election as he seeks a third term in office.
Although the only candidate to officially throw his hat in the ring, Eyles requires a 51% majority vote to take the post. The soundings process for potential candidates was finalised on Tuesday (9 June) and, with only one candidate running, the firm’s election is expected to be brought forward.
Eyles was first elected in 2009, having been one of the firm’s business group directors and a member of the management board since 2007. He was re-appointed to the role in October 2012 following an uncontested election which took place six months ahead of the scheduled end of his first term.
If elected, his appointment will take effect in October this year for a further three-year term. Those said to have expressed a potential interest in running included finance head Rodney Dukes although partners say Eyles is widely regarded and a popular figure who would have much support to manage the firm for a third term.
Eyles has overseen a period of growth at the firm, including financials this year showing UK revenues up 8.2% to £121m from £112m last year alongside a 17% increase in UK PEP to £767,000 from £657,000. Internationally, the firm said that its revenues had increased by 6% using ‘constant exchange rates’ to £239.8m.
In other election news, this morning Legal Business revealed that Dentons’ chief executive Elliott Portnoy and global chair Joe Andrew will stand as candidates for the firm’s scheduled management elections in 2017.