Berwin Leighton Paisner (BLP) is gearing up to elect its first new managing partner in 16 years, after longserving postholder Neville Eisenberg confirmed that he will not stand for re-election.

Eisenberg’s fifth term as managing partner will end on 30 April next year, with the firm set to decide on his successor before this point. The firm confirmed Eisenberg would stay at the firm in another position, with some partners suggesting he is likely to take on Harold Paisner’s senior partner post which is also due to come to a close next year.