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Changing faces

04 September 2015 / Gary Carrington
Issue: 7666 / Categories: Features , Profession
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Gary Carrington considers how non-lawyer senior managers & non-executive directors can bring something new to the board

Over the past few years we’ve witnessed a rise in the number of UK law firms and partnerships appointing non-lawyer managers and non-executive directors (NEDs) to the board and this trend looks set to continue.

Non-lawyers can bring a whole host of business expertise and insight to help grow a firm that are not within the skill sets of a lawyer. For example, they could provide expert assistance with finance, marketing, training, or even strategic direction and growth.

Acquisition

If a law firm decides on a new strategy to grow through acquisition, for example, it is vital that a senior decision maker has experience of raising acquisition finance, due diligence and post integration strategy in making the decision to acquire another law firm. They will have a practical understanding of how a law firm runs in a given legal sector but not necessarily experience in that wider context. This is where the benefits of a non-lawyer come into his

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MOVERS & SHAKERS

Carey Olsen—Kim Paiva

Carey Olsen—Kim Paiva

Group partner joins Guernsey banking and finance practice

Morgan Lewis—Kat Gibson

Morgan Lewis—Kat Gibson

London labour and employment team announces partner hire

Foot Anstey McKees—Chris Milligan & Michael Kelly

Foot Anstey McKees—Chris Milligan & Michael Kelly

Double partner appointment marks Belfast expansion

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