06:37, December 14 124 0

2017-12-14 06:37:12
Dentons reappoints UKME chief for another three years

Dentons has reappointed UK and Middle East chief executive officer Jeremy Cohen for a second three year term.

Cohen, who was previously the head of the firm’s London corporate practice, was first appointed in 2015 and will now be in charge of the UKME region until 2021.

Under Cohen’s leadership, the firm successfully merged with Scottish outfit Maclay Murray & Spens earlier this year; adding 258 lawyers to its UKMEA base and bringing the firm’s global headcount up to 8,695 lawyers. It also slimmed down its Watford base through a redundancy consultation in March 2017; over a year after taking on legacy Matthew Arnold & Baldwin’s banking and litigation team.

Dentons posted a 9 per cent drop in PEP from £530,000 to £481,000 in its latest UKMEA financial results, while revenue grew by 1 per cent to £165m in a fourth consecutive year of growth for the firm.

In the last year, the firm has launched a UK patents practice with a team from Olswang, and made up seven partners in the UK in its latest 54-strong global promotions round.The firm also decided to scrap the role of managing associate following a review in its UK offices.

This year, the firm decided to split the UKMEA region, appointing a new Africa CEO (Noor Kapdi) tasked with expanding the firm’s footprint in the region in the next two and a half years.

“Since becoming UK&ME CEO Jeremy has successfully led a strategy designed to capitalize on the opportunities presented by the Firm’s global platform and brand for innovation,” said Dentons Global CEO Elliott Portnoy.

“As a result of this our UK&ME colleagues are generating a higher calibre of work than ever before, winning a number of national, sector and practice group awards in the process, and we are delighted at the enthusiastic support the UK&ME partners have shown for his continued leadership”.

Meanwhile, UK managing partner Brandon Ransley is set to step down in April 2018, which is the end of the region’s financial year. He will retire from the partnership but remain as a special adviser to assist on strategic projects. His replacement has not yet been announced, but is expected to be appointed in Q1 2018.

Jeremy Cohen said, “Since becoming UK managing partner Brandon has had a major impact on all aspects of the development of our UK business, playing an instrumental role in our major strategic initiatives during this period and the transformation of our financial position. He has done so with great determination, good humour and collegiality throughout.”