‘We want to associate ourselves with winners’: Hogan Lovells’ Zaldivar sets out stall for second CEO term

‘We want to associate ourselves with winners’: Hogan Lovells’ Zaldivar sets out stall for second CEO term

The partnership of Hogan Lovells has voted in chief executive Miguel Zaldivar for a second four-year term, the firm today (5 September) confirmed.

The move follows on from the firm’s board’s unanimous recommendation that Zaldivar (pictured) be re-elected for a term starting on 1 July 2024, subject to a partner vote, which closed at the end of August. Continue reading “‘We want to associate ourselves with winners’: Hogan Lovells’ Zaldivar sets out stall for second CEO term”

A shoo-in: Hogan Lovells partners prepare to back CEO Zaldivar for a second term

A shoo-in: Hogan Lovells partners prepare to back CEO Zaldivar for a second term

The board of Hogan Lovells has given its unanimous recommendation for Miguel Zaldivar (pictured) to be re-elected as the firm’s chief executive for another four-year term, starting on 1 July 2024.  The move will be subject to a partner vote, which closes at the end of August.

Succeeding Steve Immelt, Zaldivar assumed the role of the firm’s CEO on 1 July 2020, after previously serving as the regional CEO for Asia Pacific-Middle East, based in Hong Kong. Continue reading “A shoo-in: Hogan Lovells partners prepare to back CEO Zaldivar for a second term”

A&O names Garousha interim managing partner ahead of Shearman merger vote

A&O names Garousha interim managing partner ahead of Shearman merger vote

The board of Allen & Overy has chosen Abu Dhabi capital markets partner Khalid Garousha (pictured) as interim global managing partner as the dust has started to settle on the shock resignation of Gareth Price.

The move, announced today (27 July), came after senior partner Wim Dejonghe covered the role since the firm on 13 July announced Price’s departure for ‘personal reasons’ at the same time as releasing its financial results. Continue reading “A&O names Garousha interim managing partner ahead of Shearman merger vote”

A&O managing partner Price departs pre-merger as revenue passes £2bn

A&O managing partner Price departs pre-merger as revenue passes £2bn

Allen & Overy today (13 July) announced the shock resignation of managing partner Gareth Price amid a set of financial results that saw the Magic Circle firm break £2bn in revenue for the first time.

The firm said Price’s resignation was due to ‘personal reasons’ and came as revenue jumped nearly 8% from £1.94bn last year to £2.1bn in 2022/23. While eye-catching, the level of turnover growth fell slightly short of the 10% uptick achieved last year, of which more than half was attributed to A&O’s US business. Continue reading “A&O managing partner Price departs pre-merger as revenue passes £2bn”

‘A powerful position’: Youle succeeds Trivedi as Skadden London head

‘A powerful position’: Youle succeeds Trivedi as Skadden London head

Rich Youle, Skadden’s much-admired co-head of private equity, has taken over from Pranav Trivedi as the head of Skadden’s London office.

Youle (pictured) took the helm on 1 July and will continue as global co-head of the firm’s private equity group alongside Ken Wolff in New York. Continue reading “‘A powerful position’: Youle succeeds Trivedi as Skadden London head”

‘An excellent foundation from which to build’: Clifford Chance appoints new office managing partner in New York

‘An excellent foundation from which to build’: Clifford Chance appoints new office managing partner in New York

Less than two weeks after Clifford Chance revealed the opening of a new office in Houston, the firm has announced the appointment of long-time CC real estate lawyer Ness Cohen as managing partner for its New York office, while also continuing to serve as real estate practice leader of the Americas.

Speaking to Legal Business, Cohen said: ‘The firm decided that it would make sense to have a New York office manager generally, especially with New York being one of our largest offices and also with our growth ambitions in the US.’ Continue reading “‘An excellent foundation from which to build’: Clifford Chance appoints new office managing partner in New York”

Russ to step down as Travers Smith senior partner

Russ to step down as Travers Smith senior partner

Kathleen Russ has taken the decision to step down as senior partner of Travers Smith, following a leave of absence for ‘exceptional family reasons’.

Russ (pictured) will return to her role as senior partner in a part time capacity, sharing responsibilities with Siân Keall, who has been acting senior partner since January. Russ will stand down as a partner and senior partner on 30th June, after which she will remain as a consultant at Travers, focusing on areas of strategic importance such as ESG, D&I and client listening. Continue reading “Russ to step down as Travers Smith senior partner”

‘We’re in a really exciting moment for the London market’: Freshfields appoints Mark Sansom as new London managing partner

‘We’re in a really exciting moment for the London market’: Freshfields appoints Mark Sansom as new London managing partner

Mark Sansom will take over from Claire Wills as London managing partner at Freshfields, the firm has announced. The move comes at the end of Wills’ four-year term, and will take effect on 1 May. Sansom will also continue his client work.

An accomplished competition litigator, Sansom has worked closely with Wills, first as a partner and from July 2022 as London head of dispute resolution. ‘Mark and I have been in the trenches together, working with the other practice heads, developing the London strategy,’ Wills told Legal Business. ‘What I am planning to spend my time on now is supporting Mark in action, at the coal face, with my corporate, transactional, and M&A work.’ Continue reading “‘We’re in a really exciting moment for the London market’: Freshfields appoints Mark Sansom as new London managing partner”

‘A choice to live up to your values’ – Seward and Rowey to take the helm of A&O’s US practice

‘A choice to live up to your values’ – Seward and Rowey to take the helm of A&O’s US practice

Allen & Overy’s global litigation co-head Karen Seward (pictured) and project finance and infrastructure partner Kent Rowey have been appointed to co-chair US operations.

The pair will succeed US senior partner Tim House, the well-regarded litigator who has led the Magic Circle firm’s US practice since 2017. Seward and Rowey will take on their new roles on 1 May 2023 and will continue their client work alongside leadership responsibilities. Continue reading “‘A choice to live up to your values’ – Seward and Rowey to take the helm of A&O’s US practice”

‘The strategy has not changed’: Hogan Lovells holds steady after end of Shearman merger talks

‘The strategy has not changed’: Hogan Lovells holds steady after end of Shearman merger talks

‘Has the strategy changed? The short answer is: no, it hasn’t.’

That was the message from Hogan Lovells chief executive Miguel Zaldivar, who spoke to Legal Business alongside deputy chief executive Michael Davison about the firm’s strategy after its proposed merger with Shearman & Sterling fell through recently. Continue reading “‘The strategy has not changed’: Hogan Lovells holds steady after end of Shearman merger talks”