Bryan Cave Leighton Paisner (BCLP) has promoted five partners in London, the same number as in St Louis, in its second promotion round since becoming a merged entity last year.
The firm promoted 17 globally, six fewer than last year, although London saw an increased investment on the three promoted in 2018. Continue reading “The City and St Louis share the spoils of 17-strong BCLP global promotion round”
In an industry struggling to make good on long-held promises to achieve diversity at the partnership level, Weil, Gotshal & Manges has gone against the grain by making up more women than men to partner for the first time in its latest round.
The firm promoted 16 globally, of which nine new partners were women and seven men. Executive partner Barry Wolf claimed the latest round was the most diverse in the firm’s history. Continue reading “Weil makes up four in the City as women dominate global promotions for the first time”
Mayer Brown has promoted three lawyers to partner in London in a scaled back round that saw 27 partners minted globally.
The firm has been more conservative in its promotions across the board than last year, when it promoted four in London as part of a round that saw 34 made partner globally. As with last year’s round, Mayer Brown managed only one female partner promotion in the City. Continue reading “Mayer Brown makes up three in the City in 27-strong global partner promotion round”
Latham & Watkins has promoted 33 lawyers to partner, with its London outpost accounting for 15% of those getting the nod.
Effective from January 2020, the promotion round sees a marked decrease in the number associates made up in London, with five promoted compared to last year’s exceptional bumper round of nine. Continue reading “City promotions drop for Latham in US-driven partnership round”
Despite previously denying claims that the firm is retrenching in London, Ropes & Gray has promoted just one new partner in the City as part of a 16-strong round while Cleary Gottlieb Steen & Hamilton has neglected its London arm entirely.
The promotion of Elizabeth Todd to partner in Ropes’ City private equity transactions practice is another sign of the firm’s conservative approach to investing in London after last year promoting only one full-time partner, Aditya Khanna in corporate finance. Continue reading “Partner promotions: Cleary bypasses the City as Ropes again makes up just one in London”
In an unusual move, White & Case has largely overlooked London in its latest partnership promotions as the firm minted only three in the City as part of its largest ever round.
The firm announced today (11 October) that as of January 2020 it will promote 45 of its lawyers to partner, four more than last year, but promotions in the City dropped by ten from 13 in the previous round. Continue reading “White & Case’s City partner promotions drop to three in shift from NYLon focus amid 45-strong round”
The world’s highest-grossing law firm Kirkland & Ellis has unveiled the largest partner promotion round ever seen by a top legal practice, making up 141 partners, including 16 in the City.
The move continues the Chicago-bred giant’s dramatic ascent, adding 19 to last year’s eye-catching 122-strong round and comes at a time when many peers are restricting partnership to push up partner profits. Continue reading “Kirkland smashes promotion round record for elite firm with 141 new partners and 16 in the City”
Baker McKenzie has promoted 81 lawyers to partners, continuing a trend which saw several law firms increase their intake this year.
The number of promotions announced today (27 June) and effective from 1 July is 19% up on last year’s scaled back round, which saw 68 minted, and is also up by one on 2017. Continue reading “Bakers makes up seven in London in bumper promotion round”
Osborne Clarke has made up eight partners in an improved promotion round which includes one lawyer on maternity leave and two who are working part-time.
The eight promotions are up three on last year, and include five female promotions. The partners are across the energy and utilities, financial services, real estate and infrastructure and digital business sectors. Continue reading “Maternity leave and part-time lawyers promoted in eight-strong Osborne Clarke partnership round”
Magic Circle takes a leaf from US playbook after a parsimonious 2018
This time last year, Legal Business was still lamenting that the post-banking crisis clampdown on promoting partners at City firms had showed little sign of lifting, with the Magic Circle in particular promoting at levels insufficient to sustain partnership sizes. Continue reading “City elite sees sharp increase in partner promotions and improved female promotion prospects”
