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Executives with briefcases, file photo. REUTERS Jonathan Ernst

Akin Gump elects Kim Koopersmith as its new leader

10/15/2012 COMMENTS (0)

By Casey Sullivan

Oct 15 (Reuters) - The Washington law firm Akin Gump Strauss Hauer & Feld announced on Monday that chairman Bruce McLean would be stepping down from his post in March 2013 and it had elected New York litigator Kim Koopersmith to succeed him.

Koopersmith, 53, has served as U.S. managing partner at Akin Gump since 2008 and will be the firm's first woman chairperson. McLean will remain at the firm as senior executive partner after his term as chairman expires on March 31.

On a recent three-month tour of the firm's 17 offices, Koopersmith sought to win partnership support by promising to promote more international and domestic growth.

In his 20 years at the helm of the firm, McLean, 65, expanded what was a 300-lawyer regional Texas law firm with two offices outside the state in the 1990s into an international operation with 850-plus lawyers. The firm now has 17 offices specializing in energy, corporate, legislative and regulatory practices, among others. Akin last week also hired a seven-partner group of corporate and litigation partners from the Dallas office of Haynes and Boone.

Under McLean's watch, Washington became an increasingly important focus for the firm. Asked about any sensitivities in addressing geographic power issues, Koopersmith said, "I will spend time in all of the offices so that people continue to make sure that I understand what needs to be accomplished."

The election of Koopersmith concludes a five-months-long selection process. Another candidate considered for the position had been Kenneth Menges, partner-in-charge of the firm's Dallas office, according to the Texas Lawyer.

In a statement, Menges said he was supportive of Koopersmith's election.

In addition to naming Koopersmith chairwoman, the firm is considering one other significant management change, said McLean. It is evaluating the size of the firm's management committee, currently numbering about 20, and may decide to downsize the group.

"A smaller committee would have the potential to immerse themselves in the issues with greater intensity as opposed to 20-plus practicing lawyers," said Koopersmith, who added the committee would get to meet more often.

Akin Gump grossed $770 million in 2011, ranking 32 in the U.S. law firms listed in The American Lawyer. The firm's profits per partner at that time were pegged at $1.6 million.

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