Davis Polk & Wardwell has made up its first London partner in five years with the promotion of corporate lawyer Reuven Young, in a further nod towards the investment the Wall Street firm is making in its City presence. Continue reading “Davis Polk promotes first City partner in five years”
Partner promotions: Baker & McKenzie makes up 65, Withers 7
In the annual eye-watering reminder of just how large Baker & McKenzie really is, the top ten LB100 firm this week made up 65 new partners across 22 countries in its worldwide promotions round, including four in the City, bringing the partnership to 1,480. Withers, meanwhile, maintained last year’s tally of seven, with just one in London and six internationally. Continue reading “Partner promotions: Baker & McKenzie makes up 65, Withers 7”
Taylor Wessing promotes City trio in 12-strong partnership round
Taylor Wessing has unveiled its 2013/14 partner promotions, with three associates making the cut in London and a further nine across its European offices, marking a 25% drop on its promotion round last year. Continue reading “Taylor Wessing promotes City trio in 12-strong partnership round”
Partner promotions: Travers makes up two in third consecutive fall
The latest City firm to announce its 2014 partner promotion round, Travers Smith today (19 May) revealed that it has made up two associates to partner, the lowest number in three years. Continue reading “Partner promotions: Travers makes up two in third consecutive fall”
Comment: Shock horror – economic revival makes it as impossible as ever to make partner
It’s not going to come as a huge shock to our readership of jaded veterans to hear this but the 2014 promotion rounds from the UK’s top law firms have confirmed that the striking revival in business confidence over the last 12 months has made pretty much no improvement in partnership prospects. Continue reading “Comment: Shock horror – economic revival makes it as impossible as ever to make partner”
Partner promotions: Watson Farley; RPC; TLT and McCann FitzGerald unveil numbers
Top 50 UK firms Watson, Farley & Williams (WFW) and RPC have unveiled their latest partner promotions, making up 13 and three lawyers respectively, as top 60 firm TLT and leading Irish firm McCann FitzGerald both announced today (7 May) that they have promoted four lawyers. Continue reading “Partner promotions: Watson Farley; RPC; TLT and McCann FitzGerald unveil numbers”
Partner promotions: Osborne Clarke makes up five in the UK after Stephenson Harwood promotes City duo
Osborne Clarke (OC) has made up five new partners in its 2014 promotion round across the UK, constituting the firm’s highest-ever UK figures in three years, following Stephenson Harwood’s announcement last week that it has made up just two City associates to partner this year. Continue reading “Partner promotions: Osborne Clarke makes up five in the UK after Stephenson Harwood promotes City duo”
DLA’s partner promotions up by a third with latest round of 45
DLA Piper has promoted 45 lawyers to its partnership, a 33% increase on last year.
The lion’s share of promotions fell to the US, effective from 1 January this year, where 21 associates were made up to partner. Continue reading “DLA’s partner promotions up by a third with latest round of 45”
Partner promotions: Simmons adds eight new partners, half in London
Simmons & Simmons has promoted eight lawyers to its partnership ranks, just one more than the top-20 LB100 firm made up last year. Continue reading “Partner promotions: Simmons adds eight new partners, half in London”
Shock horror: economic revival makes it as impossible as ever to make partner
It’s not going to come as a huge shock to our readership of jaded veterans to hear this but the 2014 promotion rounds from the UK’s top law firms have confirmed that the striking revival in business confidence over the last 12 months has made pretty much no improvement in partnership prospects.
Yes – my back-of-the-envelope calculations are that the Magic Circle plus Herbert Smith Freehills, Norton Rose Fulbright, Hogan Lovells and Ashurst have added only 193 individuals to the club despite fielding between them partnerships of well over 5,000. The 2014 promotions round at these firms is equivalent on average to less than 4% of their partnerships – well below the replacement rate needed to sustain their ranks.
Continue reading “Shock horror: economic revival makes it as impossible as ever to make partner”