Addleshaw Goddard has doubled its number of partner promotions in its latest round, making up eighteen lawyers across six practice areas compared to eight in its March round last year.
The firm’s real estate group was the biggest beneficiary of the round with six partners made up, while its transaction services team (TST) was the smallest with just one. Corporate, commercial and litigation each had three, while there were two new partners in the finance group.
Commenting on the promotions senior partner Monica Burch (pictured) said: ‘Refreshing and strengthening our partnership through internal promotions and lateral hires in key core business growth areas, as well as areas of opportunity for us, is a key element of our plan to develop the firm and deliver better for clients. Each promotion case was approved on its own merits both in terms of the calibre of the individuals and the strength of the business case.’
Last year, the firm, which recorded a 171-strong partnership in the LB100, made up eight partners – all of whom were male – in its initial round, and promoted a further partner, Vicky Niescier, in the summer bringing the year’s total to 9. This round has seen women account for over a third of those promoted.
The firm revamped its strategy at the end of last year with the target of becoming a top-20 firm by 2019 and a profit per equity partner spread of £300,000 to £1m. Part of this will be driving forward partner performance with five key performance indicators.
Earlier this month, Pinsent Masons also boosted its promotions round with 29 lawyers making partner at the firm and taking its total partnership to over 400.
The full list of promotions by practice area is below: