DLA Piper worldwide managing companion Simon Levine has been re-elected for an additional 4 years following an uncontested election.
A contested election would have seen hustings start this week earlier than the managing companion was confirmed a month later.
The agency’s board had stated it was happy Levine (pictured) sought a second time period. Earlier this yr, eight companions had competed in DLA’s first contested senior companion election in a decade, sparked by Juan Picón’s shock departure for Latham & Watkins lower than two years into his time period. Agency stalwart Andrew Darwin was finally elected senior companion.
On his re-election, Levine commented: ‘DLA Piper is a unbelievable agency with bold plans for the long run. I stay up for persevering with to work with Andrew and US management to attain our targets and supply our shoppers with a top quality service that permits them to ship, speed up and develop.’
Darwin commented: ‘The board is happy that Simon has been re-appointed for an additional 4 years after a profitable first time period. On a private degree, I’m additionally delighted that we are going to proceed to work collectively in what has already change into an efficient group.’
Levine assumed the highest job in 2015 from the person who led the agency’s fast globalisation over 18 years, Sir Nigel Knowles. DLA was remodeled into one of many world’s largest legislation corporations underneath Knowles’ watch and his standing down was known as the agency’s ‘Sir Alex Ferguson second’.
In April this yr, DLA bounced again from the earlier yr’s world turnover drop with double-digit proportion development in internet revenue. The agency’s world income rose to $2.63bn in 2017, up 7% on final yr, whereas the agency added £75.5m to its worldwide LLP’s high line on the again of alternate fee motion – accounting for 69% of the worldwide income enchancment for the yr ending 30 April 2017.
DLA’s current historical past has seen another high-profile exits following Picón’s departure. Three vital contributors in actual property left this yr for McDermott Will & Emery, adopted by Anu Balasubramanian, a younger non-public fairness companion making a powerful impression, to Paul Hastings.
Conversely, the agency just lately bolstered its company observe with the hires of Freshfields Bruckhaus Deringer veteran Martin Nelson-Jones to its company observe and former Critical Fraud Workplace (SFO) division head Patrick Rappo from Steptoe & Johnson.