Global firm to cut 15% of Europe and Middle East partnership

Topics: City,Law firm & practice management

  • Print
  • Share
  • Comment
  • Save

Related images

  • Hong kong

Asia-headquartered global firm King & Wood Mallesons is cutting 15% of partners in its Europe and Middle East practice as part of a restructuring.

The cut will mean that up to 24 of the firm’s 160 partners will depart. An additional 45 business services roles in London will also be axed but associate, paralegal and trainee jobs will not be affected.


The cuts follow a review of the firm’s European and Middle East practice, as part of its drive to become ‘the global elite firm for the next century’.

The review concluded that KWM should streamline its 17 practice areas into three divisions – corporate finance and funds, dispute resolution and regulation, and real estate. The three teams will be headed respectively by Tim Bednall, Tom Usher and William Naunton.

It will also focus its partners on clients and practices where the firm 'excels'.

The firm said that the decision to restructure the business ‘has not been taken lightly but is one that is essential for the firm’s long-term success’.

International firm SJ Berwin merged in 2013 with Australian-Chinese giant King & Wood Mallesons to create a firm with combined turnover of $1bn (£700m).

Have your say

You must sign in to make a comment

  • Print
  • Share
  • Comment
  • Save


Sign up for email news alerts

Daily Update. Keep abreast of the latest developments that affect the profession


LAW MERGERS BUSINESS FACILITATORS TO THE LEGAL PROFESSION Services Include: Mergers, Sales, Valuations, Practice Development, Feasibility Studies, Consultancy. CONTACT IN CONFIDENCE: Neville or Mack Dinshaw LAW MERGERS & ACQUISITIONS DX 42809 Kingsbury Tel: 020 8204 3600 Fax: 020 8204 4654 Email: Web: WORLDWIDE CLIENT BASE QUALITY MANAGEMENT ISO9001 Registered Firm

SELLING? MERGING? VALUING? Acquiring? Free information from 01494 483728. or

DUE TO THE retirement of one of two Partners in a Bolton based firm we are now seeking interested parties to join / merge. T/O in excess of £300k. Email

SMALL EAST MIDLANDS Practice seeks sale or merger. Good mix of Property, Private Client work with some litigation. Leased premises till beginning of November 2016, minimal dilapidations and willing to move. Turnover £440,000.00 per annum. Contact 07825 632078.

Browse the magazine

Current Issue

The Gazette offers you up-to-the-minute national and international news, opinion, features, in-depth articles plus a jobs and appointments section.

Please click the link below for a digital edition