UK firms have begun hiring non-executive directors

UK Law firms have started hiring non-executive directors to bring in outside expertise ahead of legislative changes that will impose tougher standards of corporate governance. Anna Ponton and Stuart Morton, who head the business and professional services practice at executive headhunters Odgers Berndtson, say that we are seeing the start of a trend that will see half of the top 20 legal firms in the UK appoint non-lawyers to their boards over the next two years. From October next year, changes to the Legal Services Act will allow external investment and ownership of law firms.

UK firms have begun hiring non-executive directors guardian.co.uk Tue, Nov 2, 2010