Chicago, Illinois, 11 October 2004 LAWFUEL – Law, attorney, legal, law firm news– Baker & McKenzie today named John Conroy as its new Chairman of the Executive Committee, succeeding Christine Lagarde who was named Chairman of the Policy Committee.
Mr Conroy, a US national, took up his new role as Chairman at the conclusion of the firm’s Annual Meeting in Barcelona last week. The Executive Committee is the primary management team of Baker & McKenzie which has responsibility for developing and implementing the firm’s global strategy, as well as managing the day-to-day business of the firm. It consists of eight elected partners including the Chairman.
A partner of the Chicago office since 1987, Mr Conroy has served on the Executive Committee for 6 years, the last 5 of which as North American Managing Partner. A distinguished Banking & Finance attorney, Mr Conroy has held numerous management roles during his career with Baker & McKenzie, including Chairman of the Global Banking & Finance Practice Group. As North American Managing Partner, he spearheaded a highly acclaimed program to fully integrate the firm’s North American offices and introduced a new, discretionary based partner compensation system.
“To have the opportunity to serve my partners as Chairman is a genuine privilege. Baker & McKenzie is a truly unique and extraordinary organization, with a heritage, culture and track record which sets it apart from the field. The firm is in excellent shape; aligned, focused and financially strong. I am confident that we can use this solid foundation as a springboard for the growth and success I know we are capable of achieving.”
Mr Conroy succeeds Mme Christine Lagarde as Chairman, who has assumed the role of Chairman of the Policy Committee with immediate effect. The Policy Committee consists of representatives from each Baker & McKenzie office. Its primary purpose is to make recommendations to the firm on policy issues, although it also has specific responsibilities such as electing new partners.
A partner of the Paris office since 1987, Mme Lagarde was elected Chairman of the Executive Committee in 1999. An accomplished labor and anti-trust attorney, Mme Lagarde was elected Managing Partner of the Paris office in 1991 before joining the Executive Committee in 1995. In addition, Mme Lagarde served as Chairman of the European Regional Council and the Professional Development Committee from 1995 to 1998. A high profile, visionary and respected leader, Mme Lagarde led the firm to an aggregate increase in global fee income of 50% during her term as Chairman of the Executive Committee. Mme Lagarde was recently named the 76th most powerful woman in the world by Forbes magazine.
Commenting on the announcements, Christine Lagarde said, “I am delighted to hand over the reins to my good friend and colleague John Conroy. Having had the privilege to work closely with John over many years, I know there is no individual more deserving or better equipped to take the firm forward than he. He has my warm congratulations on his appointment. I am proud to have an opportunity to continue to serve the firm as Chairman of the Policy Committee and look forward to the challenge of taking on a new role.”