Other top firms tied to a pure lockstep include US firms Cravath Swaine & Moore, Cleary Gottlieb Steen & Hamilton, Debevoise & Plimpton and Wachtell Lipton Rosen & Katz. Finkler takes up the newly-created role on May 1 2022, according to a statement from the firm on Wednesday,following the planned retirement of practice partner David Wittmann and executive partner Paul Stacey. Who Will Run for Slaughter and May Managing Partner? Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALMs deep bench of proprietary information to provide insights that cant be found anywhere else. The creation of the Managing Partner role marks a significant change for the firm, said Finkler in a statement. The firm added that despite the changes, the senior partner role currently held by Steve Cooke will remain intact. Slaughter and May, the leading international law firm, today announces that Deborah Finkler has been elected as the firms first Managing Partner. #AI #Competition #ESG #DataPrivacy #FinancialRegulation #EmploymentLaw #MandA #IntellectualProperty. Founded in 1889, Slaughter and May is considered to be one of the most prestigious law firms in the world [7] and is a member of the "Magic Circle" of elite London-headquartered law firms. UK Magic Circle firm Slaughter and May has elected M&A head Roland Turnill to succeed Steve Cooke as its next senior partner when he steps down in May 2024, marking the latest of a series of leadership changes at the firm. Today's news follows the announcement in June detailing a change in structure of the executive function at Slaughter and May. The decision to appoint the next Senior Partner well ahead of time is consistent with our approach of long term decision making as we bring in a new management structure over the coming months. When I was at Oxford, I played in a student band which broke out a bit, we made a record which was played on Radio One. A chief operating officer (COO) will be hired by Finkler in the coming months to manage the operational aspects of the executive partners role, in another first for the law firm. by the departure of Slaughters partner Murray Cox for Weil Gotshal & Manges in February, IP and fashions runway to gamification in India, McDermott Will & Emery secures Baker McKenzie China practice lead in London as it eyes China-Europe deals work, White & Case builds London antitrust bench with Kirkland & Ellis partner hire, Clifford Chance elects 32 new partners in diverse round, Around the house: Mondee snaps up former Apple counsel, Cherry hires experienced German tech GC, Administrators sell Ince Groups legal business to UK national firm AxiomDWFM, DAC Beachcroft in talks with private equity firm to sell claims business, Holland & Knight adds 17-lawyer team in Mexico from Snchez DeVanny, Two Australian jurists join London sets as door tenants, Slaughter and May modernises management structure. He is Head of the firms Mergers and Acquisitions practice and Co-Head of the Financial Institutions Group. Deputy Head of Pensions at Forces Pension Society. In May this year the law firm announced a new target of at least 40 per cent of its equity partner promotions globally to be women by the end of 2027. Law360 takes your privacy seriously. Finkler, a graduate from the University of Cambridge, where . Slaughter and May is an international law firm headquartered in Bunhill Row, London. London-based Slaughter and May has chosen an experienced female litigator to be its first-ever managing partner, the firm said Wednesday, joining a bevy of law firms in the U.S. and U.K. that have . During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Pleased to see this Deborah.Well done you. Our Team Account subscription service is for legal teams of four or more attorneys. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Magic Circle (law firms) - Wikipedia Debate over the viability of the pure lockstep model was sparked by the departure of Slaughters partner Murray Cox for Weil Gotshal & Manges in February, a rare lateral hire out of the firms flagship corporate team. Slaughter and May is in an ideal position to provide legal tech developers and entrepreneurs with a supportive, stimulating partner. A process to appoint a COO is ongoingDeborah Finkler joined Slaughter and May in 1986 and became a Partner in 1991. analyse how our Sites are used. Your experience on this site will be improved by allowing cookies. Slaughter and May's Post Slaughter and May 72,425 followers 1y . The promotions, which take effect from May 1, 2023, span the firm's U.K., European, U.S., Asia . Clients she has worked for include Santander, JP Morgan and WPP. cookies Litigation partner Deborah Finkler is set to take on the role starting in May 2022. Candidates should Lawyers of Distinction like to congratulate to the newest 2022 Lawyers of Distinction. All Rights Reserved. Jill will take up the role on 1 February 2022. ), Create custom alerts for specific article and case topics and, I took a free trial but didn't get a verification email. Law Firm Leadership's Guide to Strategic Implementation of GPT-4, Law.com Editors and Analysts Offer Top Trends to Watch for 2023, State of the Industry: What a Difference a Year Makes, Mitigate Enterprise Risk with a Technology Ecosystem Anchored by CLM, COMMERCIAL FINANCE ATTORNEY - CT OFFICES; REMOTE will be considered. Her accolades include being recognised in the Hall of Fame in Legal 500 UK 2020, and as a Leading individual in Chambers UK 2020, for banking litigation. Slaughter and May is planning to refurbish its London base after it ended its search for new premises and extended its current lease by ten years. Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. In June, the firm unveiled a radical shift in its leadership team, scrapping its executive partner and practice partner roles, in favour of a duo of new positions: a managing partner and a possible non-lawyer chief operating officer. Gain a global perspective on the US and go beyond with curated news and analysis from 600 Clifford Chance Promotes 32 in Latest Partner Promotions Round Unlimited access to International Edition, Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications. Deborah will work closely with David, Paul and Senior Partner, Steve Cooke on the appointment of a COO, but will continue in a fee earning role until early 2022. The SoMo Network supports the firm's efforts in increasing social mobility through our recruitment, #community, and advocacy activities, and also help ensure that everyone feels comfortable to be themselves. Finkler, who joined the firm in 1986 and became a partner in 1991, is a leading legal figure in the field of banking and commercial litigation, as well as domestic and cross-border regulatory investigation. Deborah Finkler was elected to the role of Managing Partner in September and will take up the role on 1 May 2022. https://lnkd.in/ecMyDXCT If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. Prior to her appointment Jill has spent 13 years at Freshfields Bruckhaus Deringer, in a number of roles, most recently Global Chief Operating Officer. Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession. All Rights Reserved, Law Firms and Service Providers Mentioned. The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change. Tony Williams, principal of Jomati Consultants, said: Taking a partner out of a fee-earning role to fill an executive one can have a high cost for firms like Slaughters, so some firms have stood back and asked themselves whether they have reached a level of complexity on the operational side that merits the creation of a full-time executive role. But in order to address the growth in responsibilities of the role, the firms partners decided the COO will be a manager who does not come from within the partnership. All Rights Reserved. We support credit card, debit card and PayPal payments. Changes to pensions tax allowances. https://www.law.com/international-edition/2021/09/09/who-will-run-for-slaughter-and-may-managing-partner/. About Us| We will continue to publish new Regulating AI-related content, so keep an eye out for new content within this series. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Todays news follows the announcement in June detailing a change in structure of the executive function at Slaughter and May. Slaughter and May announces first Managing Partner Steve Cooke says, I am delighted that Roland will be my successor. Law360 may contact you in your professional capacity with information about our other products, services and events that we believe may be of interest.Youll be able to update your communication preferences via the unsubscribe link provided within our communications.We take your privacy seriously. Top UK firm to create managing partner and COO to reflect growth of executive function. The new role of Managing Partner will take on the functions of the Practice Partner, together with the strategic elements of the Executive Partners role while a Chief Operating Officer (COO) will take on the managerial and operational aspects of the Executive Partners role. The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change. David and Paul have done an outstanding job over their respective terms and Im looking forward to making the most of their support until their retirement in April next year.. organisation Contact Us| Slaughter And May Picks Woman To Be 1st Managing Partner Site Map, Advertise| One Bunhill RowLondonEC1Y 8YYUnited Kingdom, 2906-2909 China World Office 2No.1 Jianguomenwai AvenueBeijing 100004China, 47th Floor, Jardine HouseOne Connaught Place, CentralHong KongChina, Slaughter and May announces first Managing Partner, Sustainability and Climate Change Resources, Modern Slavery Slavery and Human Trafficking Statement, Go to Financial Regulation Weekly Bulletin, Go to Sustainability and Climate Change Resources. The moveis intended to bea shift towards a more contemporary model as a response to a growth in responsibilities of the executive function. Last September, Wall Street firm Davis Polk & Wardwell said it was abandoning its pure lockstep structureas it was no longer compatible with its growth plans. and other data for a number of reasons, such as keeping FT Sites reliable and secure, Steve Cooke says, I am delighted to announce Deborahs appointment. Chris Saul on life after Slaughter & May | BCL Legal - The Brief This rises to one in three among families experiencing financial hardship, according to the National Literacy Trust. Your article was successfully shared with the contacts you provided. In May, the firm replaced retiree John Boyce with partner Anna Lyle-Smythe to head up its Brussels base, and partner Rebecca Cousin to replace fellow retiree Nilufer von Bismarck as head of. Unlimited access to International Edition, Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications. In addition to London, it has offices in Beijing, Brussels and Hong Kong. Mr Cooke, whose clients include Centrica, Diageo, IAG and Rolls-Royce, will take over from Chris Saul as leader of the most profitable British law firm starting on May 1 for a five-year term.