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Bird & Bird has re-elected its senior management team, with chief executive David Kerr and chairman Michael Frie both seeing their terms extended for another three years.
The new terms are effective from mid-March. Kerr ( pictured ) has been CEO at the City firm for the last 14 years, while Frie’s re-election means he will take on a second term as chairman. He joined Bird & Bird in 2000 when it merged with Stockholm firm Gedda & Ekdahl, where he was managing partner.
Kerr said: “The last 18 months have presented unprecedented challenges to the global economy and the legal profession generally. We continue to be relatively well-positioned in terms of our distinctive strategy, geographic reach and client service capabilities. There has been a dynamic shift in the legal market and the next few years present a substantial opportunity for us to deliver on clients’ increasingly complex needs.”
Frie said: “I am very pleased to be given the privilege to lead the board for an additional three-year term and look forward to continuing my active role in the leadership of the firm.
“The firm is well placed to strengthen its position across its respective markets and continue to establish itself as one of the leading law firms in Europe and Asia for innovative companies.”
During the last financial year Bird & Bird saw revenues increase by nearly 30% to £186.3m, with profits per equity partner dipping by 6.6% to £481,000.
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