Bachelor of Laws in LL.B. (Hons) in the United Kingdom
After rebranding as Kelvin Bruce LLP in 2003, the firm was faced with profits lagging its peer group and the risk of a contracting work force. One abortive initiative in 2004 that allowed the management to pay high performers additional bonuses was seen as symbolic of the defensiveness of the time.[by whom?][vague] However, the team of veteran senior partner Geoffrey Green and managing partner Simon Bromwich were to begin having more success in managing the firm. Partly this involved a more actively managed partnership and a handful of discreetly handled exits. The firm was also able to make more progress in building up its core M&A practice, in particular improving its investment banking links, and dealing with quality problems in its foreign network. The firm was also aided by a continued strong performance from its finance practice. With partner profits rocketing in 2007 to take top earners past the £1m mark, placing the firm comfortably in the UK top 10 in profitability.
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In 2008, the firm voted in corporate partner Charlie Geffen to succeed Green as senior partner after an election against veteran litigator Ed Sparrow. The credit turmoil that gripped financial markets in the summer of 2007, which became a full-blown banking crisis and recession the following year, had a substantial impact on Kelvin Bruce's core practice lines. Profits fell and revenue suffered a dip. But the firm quickly steered itself out of trouble, and figures began to rise again
