find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (3-5 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Dynamic organisation ·
View details
Legal Counsel
Category: Corporate and Commercial Law | Location: North Sydney NSW 2060
· 18 month fixed term contract · 3-5 years PQE with TMT exposure
View details
Lagarde steps down at Bakers

Lagarde steps down at Bakers

AFTER SIX years as the most powerful person at international law firm Baker & McKenzie, Christine Lagarde has stepped down and handed her reins as chairman of the firm’s executive committee…

AFTER SIX years as the most powerful person at international law firm Baker & McKenzie, Christine Lagarde has stepped down and handed her reins as chairman of the firm’s executive committee to US national John Conroy.

The changeover took place at the firm’s annual meeting in Barcelona this month, when it was also revealed what excellent shape the firm was in.

Baker & McKenzie’s global fee income for the fiscal year to 30 June was US$1.23 ($1.7) billion, an increase of 8 per cent on last year. With 69 offices in 38 locations, 620 partners and 3,100 lawyers, such high figures could be expected.

Lagarde, who was elected chairman of the executive committee in 1999, was recently named the 76th most powerful woman in the world by Forbes magazine.

She has been a partner in the Paris office of Baker & McKenzie since 1987. In 1991, she was promoted to managing partner of that office before joining the executive committee in 1995. She led the firm to an aggregate 50 per cent increase in global fee income during her term as chairman.

Conroy, who has served on the executive committee for six years, said he is pleased to take up the position with the firm in such excellent shape.

“I am confident we can use this solid foundation as a springboard for the growth and success I know we are capable of achieving.”

Conroy is a banking and finance attorney and, as North American managing partner, has been recognised for his program to fully integrate the firm’s North American offices as well as introducing a discretionary based partner compensation system.

Lagarde said she knew of no individual more deserving or better equipped to take the reins from her. She will continue to work with the executive as chairman of the policy committee.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Lagarde steps down at Bakers
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Applauds
07:00
LCA applauds proposed Modern Slavery Act
The Law Council of Australia has welcomed new recommendations for the development of a Modern Slaver...
Mentoring
07:00
Top-tier offers targeted mentoring for Indigenous law students
Students at Macquarie University will be the first to benefit from a new Indigenous mentoring progra...
LCA president Fiona McLeod SC
Aug 17 2017
Where social fault lines meet the justice gap in Aus
After just returning from a tour of the Northern Territory, LCA president Fiona McLeod SC speaks wit...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...