At Macfarlanes, new management positions have been launched when the previous head Martin left the partnership
A change is underway at the Macfarlanes City Guide, as Luke Powell has been hired to succeed Julian Howard as managing partner while the company has named its first chief operating officer. At the same time it was announced that the much admired former senior partner Charles Martin will leave the partnership in April.
Sebastian Prichard Jones, Macfarlanes Senior Partner, announced the move this morning (January 12th).
With the usual forward planning, Powell, highlighted as an influential partner in the 2019 role of Legal Business, will succeed Howard when he retires from the role of managing partner on April 30, 2022.
Howard has been in the role since 2010 and “has been instrumental in running the company through some of the most successful years in its recent history,” said Prichard Jones. Meanwhile, a former Macfarlanes partner said of Howard: “Julian is a very honorable man and that alone gives him the power to do what he does.” He remains as a consultant, but leaves the partnership.
Powell joined the company in 2004, became a partner in 2007 and co-head of Macfarlanes’ M&A group in 2018. His regular clients include Chrysalis Investments, Federated Hermes, Glendower Capital, Goldman Sachs, Keyhaven Capital, Legal & General and Permira. After his appointment, he will continue to be a fee earner and lead client relationships. Howard Corney will become the sole head of M&A from May 1, 2022.
The company’s first COO has also been appointed in the form of Katherine Milliken, who will take over the role from May 1, 2022. Milliken joined the company in 2013 after having previously spent nearly a decade at Inchcape, most recently as General Counsel. She has spent most of her time at the company working on specific projects, including a leadership role in shaping the company’s response to the Covid-19 pandemic.
Finally, Charles Martin’s resignation from partnership on April 31, 2021 marks the end of an era for Macfarlanes. During an outstanding 12-year run as senior partner, he helped steer the partnership through many challenges, but also through the most successful growth phase, especially in the years after Lehman, and was named Management Partner of the Year at the Legal Business Awards in 2017 . He will remain a senior advisor to the company, but will take on a senior advisory role at Rothschild & Co. “We expect most of Charles’ working time to be with us,” said Prichard Jones. “He will continue to be fully committed and available to our customers.”