Capping off a week of significant change in big law’s C-suites, Clifford Chance has appointed financial markets partner Charles Adams as its next managing partner.
Adams will succeed incumbent Matthew Layton on 1 May 2022, when he will commence a four-year term. For his part, Layton was re-appointed for a second term in 2017, after improving operational rigour, bolstering partner performance and ushering in shake-ups to CC’s historically restrictive lockstep model . During Layton’s second term, CC boosted revenues by 35% and profit per equity partner by 65%.
