Click here for Partner Moves March - April 2019
Welcome to the latest round-up of lateral partner moves in the legal market from Edwards Gibson, where we look back at announced partner-level recruitment activity in London over the past two months and give you a ‘who’s moved where’ update.
There are a total of 76 lateral partner moves hires in this edition – an 19% increase on last year and 10% up on the statistical average (69) for the same period over the past 5 years. The single largest team move was a raid by Fieldfisher on RPC of a three-partner construction/ construction disputes team. In addition, four firms: Akin Gump (in funds), Gateley (in private client) Mayer Brown (in restructuring/insolvency) and Mills & Reeve (in insurance) hired two partner teams.
As a sector, energy-focused laterals appeared to be the most in demand, constituting 11% of all hires. Also, in particularly high demand were private equity funds partners (8% of all laterals) as well as a similar proportion - the highest we have ever recorded - of restructuring / insolvency partners; Allen & Overy, Goodwin Procter, Macfarlanes, Mayer Brown and Reed Smith all recruited restructuring partners this round-up. It is too soon to say if this elevation, long prophesised by hopeful restructuring lawyers, is a statistical spike (arising from firms hedging against a bumpier post-Brexit economy and rising global interest rates) or a gloomier portent of things to come.
Top partner recruiters in London March - April 2019
Dentons
|
4 |
Fieldfisher |
4 |
BLM |
3 |
Also of note in this edition
- 3 firms - Allen & Overy, Clifford Chance and Hogan Lovells - hired partners from in-house;
- 22% of all laterals were non-partners moving into partnership;
- 25% of the total moves we recorded were female partners.
Please do not hesitate to contact us if you would like to discuss this article or any other aspect of the market in more depth.
Many thanks,
The Edwards Gibson Team
Previous Issues:
Partner Moves January - February 2019
Partner Moves November - December 2018
Partner Moves September - October 2018
Partner Moves July - August 2018
Partner Moves May - June 2018
Partner Moves March - April 2018
Partner Moves January - February 2018
Partner Moves November - December 2017
Partner Moves September - October 2017
Partner Moves July - August 2017
Partner Moves May - June 2017
Partner Moves March - April 2017
Partner Moves January - February 2017
Partner Moves November - December 2016
Partner Moves September - October 2016
Partner Moves July - August 2016
Partner Moves May - June 2016
Partner Moves March - April 2016
Partner Moves January - February 2016
Partner Moves November - December 2015
Partner Moves September - October 2015
Partner Moves July - August 2015
Partner Moves May - June 2015
Partner Moves March - April 2015
Partner Moves January - February 2015
Partner Moves November - December 2014
Partner Moves September - October 2014
Partner Moves July - August 2014
Partner Moves May - June 2014
Partner Moves March - April 2014
Partner Moves January - February 2014
Partner Moves November - December 2013
Partner Moves Sep - Oct 2013
Partner Moves July - August 2013
Partner Moves May - June 2013
Partner Moves March - April 2013
Partner Moves January - February 2013
Partner Moves November - December 2012
Partner Moves September - October 2012
Partner Moves July - August 2012
Partner Moves May - June 2012
Partner Moves March - April 2012
Partner Moves January - February 2012
Partner Moves November - December 2011
Partner Moves September - October 2011
Partner Moves July - August 2011
Partner Moves May - June 2011
Partner Moves March - April 2011
Partner Moves January - February 2011
For further information, or to discuss current trends in lateral partner recruitment, please speak to one of the Edwards Gibson consultants.