BAKER & McKENZIE NOMINATES NEW CHAIRMAN; JOHN C. KLOTSCHE, A SENIOR PARTNER IN THE PALO ALTO OFFICE, WILL BE NEW CHAIR OF WORLD'S LARGEST LAW FIRM.SAN FRANCISCO--(BUSINESS WIRE)--June 29, 1995--Baker & McKenzie, the world's largest law firm with more than 1,700 attorneys and 54 offices around the globe, announced today that a senior partner in the firm's Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. office, John C. Klotsche, has been nominated nom·i·nate tr.v. nom·i·nat·ed, nom·i·nat·ing, nom·i·nates 1. To propose by name as a candidate, especially for election. 2. To designate or appoint to an office, responsibility, or honor. as the new Chairman of the firm's Executive Committee. Klotsche's nomination will be voted upon by Baker & McKenzie's 511 partners at the end of the firm's Annual Meeting in October October: see month. . He will succeed John V. McGuigan, who is stepping down at the end of his three-year term in order to attend to family business in Australia. "Thanks to the significant progress made during John McGuigan's tenure," said Chairman-nominee Klotsche, "the scope of the firm's global practice has increased, along with revenues. If confirmed by my partners as the new chairman, I intend to continue to improve the quality of our client services, strengthen further the firm's international network and to expand professional development initiatives within the firm. "My goal will be to ensure that Baker & McKenzie sustains and advances its leadership throughout the global legal marketplace," Klotsche said, "and to do everything possible to continue our long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. profitability by providing our clients with the highest quality advice and service. It is an exciting and challenging time to become Chairman, and I look forward to working closely with all my partners, and with the firm's worldwide staff, to achieve our legal leadership goals." Klotcshe now serves as a senior partner in the firm's Palo Alto office, where his practice is focused on federal income tax issues for corporate clients -- especially audit and appeals issues at IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. administrative levels, and in the courts. He also advises multinational clients on U.S. tax implications of transnational and cross-border investment activities. Klotsche has worked as an Executive Committee member of the firm since 1992, as well as serves on the firm's Financial Committee, and has long played a key role in developing firmwide strategies. Klotsche joined Baker & McKenzie in 1968 as a specialist in international tax issues. In addition to Palo Alto, he also has worked in the Chicago office and in the Dallas office, which he helped open. Klotsche is a graduate of the University of Wisconsin Law School Facilities The law school is situated on Bascom Hill, the center of the UW-Madison campus. In 1996, the law school completed a major renovation project that joined two previous buildings and created a four-story glass atrium. , where he achieved the prestigious Order of the Coif An unincorporated national scholastic honor society in law. Its purpose is to foster excellence in legal scholarship and to recognize those who have attained high grades in law school or who have distinguished themselves in the teaching of law. . He has published numerous articles on international taxation, and he is a frequent lecturer lecturer A person who is primarily–if not entirely—involved in the teaching activities of an academic center, who is not expected to perform research or Pt management; in general, lectureships are non-tenured positions on the subject. McGuigan's decision to step down as firm chairman was expected. When he was elected chairman in 1991, he advised his partners that he could only commit to remaining in Chicago until the end of the 1994 fiscal year. Having lived outside their native Australia for more than a decade, McGuigan's family moved home last year. He is returning to Australia to devote more attention to his family responsibilities, though he will continue to play an active role in the firm's management from Sydney as a member of the Executive Committee. Baker & McKenzie is the world's largest law firm, with 1,750 attorneys who practice in 54 offices located in 33 countries. The San Francisco/Palo Alto alto, singing voice the range of which is lower than the soprano by the interval of a fifth. More generally, the term refers to the register in which this voice sings, i.e. office, where Chairman-nominee Klotsche will continue to practice, includes 63 attorneys. CONTACT: Baker & McKenzie Edward Burmeister, 415/576-3029 or MacKenzie Communications William Strawn, 415/433-8200 |
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