BonelliErede

As a result of the three-party merger in 1999, the law firm now known as BonelliErede and more formerly known as Bonelli Erede Pappalardo than two years ago was formed. Three smaller heritage practices have merged to become Italy's largest: Bonelli e Associati from Genoa, Erede e Associati from Milan and Pappalardo e Associati from Brussels.

Although some of its competitors are similar in headcount, BonelliErede's work is so state-of-the-art that, according to the Lawyer European 100, the company's turnover ranks among the top 10 law firms in Europe. Although the founders of the company, Franco Bonelli, Sergio Erede and Aurelio Pappalardo, are still in the company, Bonelli Erede has been actively institutionalizing the company over the past few years. The process began in 2011 as the company shortened schedules and abolished junior and paid partner positions, making all partners full capital.

Several years later, managing partner Alberto Saravalle resigned after two years of a three-year tenure and replaced as managing partners Stefano Simontachki, Head of Tax and Transfer Pricing, and Marcello Giustiniani, Head of Human Resources. The corporate governance restructuring was accompanied by another reward change that increased the focus on commitment and efforts to make Bonelli's career path more transparent.
This company is part of Slotter and May's Best Friends group and works closely with other companies in cross-border transactions. Although its international presence outside Italy has historically been limited, it opened in Ethiopia, Egypt and Dubai in 2016 and 2017.

Corporate operations drive the largest share (about 44%) of BonelliErede's revenue. The two managing partners of a law firm have different responsibilities. Simontachki is responsible for strategy development and Giustiniani is responsible for internal affairs.

International and Business Development Committee reports to Simontacci and IT, Employee Compensation, Partner Compensation and Partnership Committee reports to Giustiniani. Each committee may not contain more than one board member.

The Lawyer research data

• European 100 rank: 7
  
  
• Revenue: €270m
  
  
• No. of Partners: 83

Country: Italy
Website: https://www.belex.com/en/