‘Why shouldn’t she?’ A new take on partnership as Pallas takes first non-lawyer into the fold

‘Why shouldn’t she?’ A new take on partnership as Pallas takes first non-lawyer into the fold

Pallas Partners has taken advantage of its alternative business structure (ABS) to appoint its first non-lawyer, chief administrative officer Linda Penfold, to the partnership.

Penfold has more than 20 years of leadership experience in global law firms, managing operations across multiple jurisdictions and, at Pallas, has a mandate to lead the business services functions, office operations, and add strategic vision in improving client service. Continue reading “‘Why shouldn’t she?’ A new take on partnership as Pallas takes first non-lawyer into the fold”

Partner promotions: Cleary makes up two in London as BCLP unveils 21-strong round

Partner promotions: Cleary makes up two in London as BCLP unveils 21-strong round

Cleary Gottlieb has made up nine new partners in its latest round of promotions, two of which are in London, while Bryan Cave Leighton Paisner (BCLP) has included five UK lawyers in its latest cohort.

The promotion of Chrishan Raja and Naomi Tarawali to partner in Cleary’s London office is indicative of firm’s steady approach. Raja, a capital markets lawyer, has experience representing Barclays, Citigroup, J.P. Morgan and UBS, while the disputes-focused Tarawali specialises in representing financial institutions, funds and sovereigns. The 2022 round matches last year’s efforts in the City, which saw Henry Mostyn and Gareth Kristensen welcomed into the equity, though in total, the latest class falls short of the 11 partners made up across the firm in 2021. Continue reading “Partner promotions: Cleary makes up two in London as BCLP unveils 21-strong round”

Partner promotions: Kirkland unveils largest ever class as US firms reveal 2022 cohorts

Partner promotions: Kirkland unveils largest ever class as US firms reveal  2022 cohorts

The first wave of US firms has announced their latest round of partner promotions, as Kirkland & Ellis, White & Case, Goodwin, Morgan Lewis and Covington & Burling revealed their classes of 2022.

Kirkland & Ellis has minted 193 lawyers in a new record for the expansive juggernaut, following the 151-strong round announced last year and the 145 promotions unveiled in 2020. Continue reading “Partner promotions: Kirkland unveils largest ever class as US firms reveal 2022 cohorts”

Clifford Chance makes up 17 City partners in largest promotion round since 2007

Clifford Chance makes up 17 City partners in largest promotion round since 2007

Clifford Chance (CC) has promoted 37 lawyers to the partnership including 17 in the City, making it the latest Magic Circle firm to announce increased partner rounds in 2022.

All of the Magic Circle firms saw a jump in partner promotions this year, including the typically conservative Slaughter and May, which made up eight lawyers, an increase from five in 2021. Meanwhile, Allen & Overy’s 39-strong promotion round globally – including 13 in London – marks a step up from 30 last year. Linklaters promoted 41, up from 35 in 2021 and Freshfields Bruckhaus Deringer minted 27 compared with 22 last year.

Continue reading “Clifford Chance makes up 17 City partners in largest promotion round since 2007”

Kirkland breaks own record again to make up 151 new partners and 19 in London

Kirkland breaks own record again to make up 151 new partners and 19 in London

With the boldness the market has come to expect from the world’s highest-grossing law firm, Kirkland & Ellis has again broken its own partnership promotion record, making up 151 globally and 19 in London.

As with last year when the Chicago-bred giant outpaced itself with 145 global promotions and 16 in the City, the move continues an ascent that shows no signs of being thwarted by coronavirus concerns or any other. Continue reading “Kirkland breaks own record again to make up 151 new partners and 19 in London”

Skadden goes organic with three City promotions as investment intensifies in London

Skadden goes organic with three City promotions as investment intensifies in London

Skadden has made up its largest haul of new partners in London since 2008, a further showing of support for the City office after an uncharacteristically expansive stint in the lateral recruitment market of late.

The move sees the famously conservative Wall Street giant promote three new partners as part of a 17-strong global round, matching a commitment to organic growth in London last seen 13 years ago. Continue reading “Skadden goes organic with three City promotions as investment intensifies in London”

Promotions latest: Global 100 players adopt mixed approach to new year partnership rounds as diversity tops agenda

The new year has kicked off with a number of large Global 100 firms revealing their latest partner promotion rounds – with the City and gender diversity receiving varying levels of attention. 

Norton Rose Fulbright yesterday (6 Jan) announced a bumper promotions round of 47 new partners, with eight in London. Although the total number is down slightly on the 53 announced a year ago, it does just beat the 2019 cohort of 46. Notably, 25 of the new partners are women – 53% of the total.  Continue reading “Promotions latest: Global 100 players adopt mixed approach to new year partnership rounds as diversity tops agenda”

London and St Louis receive lion’s share of investment as BCLP announces 20-strong global promotion round

London and St Louis receive lion’s share of investment as BCLP announces 20-strong global promotion round

Bryan Cave Leighton Paisner (BCLP) promoted 20 lawyers as part of its latest global promotion round, the firm announced today (6 November), with London and St Louis again getting the majority of the spoils.

The figure is an increase of three on last year’s promotion push, though the City figure is one shy of last year’s five lawyers minted in London. Continue reading “London and St Louis receive lion’s share of investment as BCLP announces 20-strong global promotion round”

White & Case reverts to London in 40-strong global partner promotions round 

White & Case reverts to London in 40-strong global partner promotions round 

White & Case has refocused on the City in its latest partnership promotion round, after largely overlooking London last year in an uncharacteristic move for the firm.

The firm announced today (9 October) that as of January 2021 nine lawyers in the City will be minted as part of a wider 40-strong promotion round. The London figure is a marked increase on last year, when just three lawyers received the nod in the City with other jurisdictions prioritised.  Continue reading “White & Case reverts to London in 40-strong global partner promotions round ”

Relentless as ever: Kirkland surpasses own record to promote 145 new partners and 16 in London

Relentless as ever: Kirkland surpasses own record to promote 145 new partners and 16 in London

 In characteristic ‘retrenchment be damned’ fashion, Kirkland & Ellis has beaten its own record for the number of partners it promotes, making up 145 globally and 16 in the City. 

The move sees the world’s highest-grossing law firm continue its striking ascent even in the face of coronavirus uncertainty to add four to last year’s 141-strong total, of which 16 were in London. Continue reading “Relentless as ever: Kirkland surpasses own record to promote 145 new partners and 16 in London”