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 71 lateral partner moves hires in this edition – a 5% increase on this time last year but an 8% decrease on the statistical average (77) for the same period over the past 5 years.
Nevertheless, perhaps surprisingly in view of the economic and political uncertainties arising from the global economy and Brexit, year to date, we have recorded 244 lateral partner moves – 6% up on the five year average at the same half year point.
The most dramatic move was Goodwin Procter’s five-partner raid on Taylor Wessing stealing a team comprising corporate technology, life sciences and tax. Two firms hired three partner teams: Dechert (which took a mixed finance and disputes team from fellow US firm Sidley) and Kennedys which scooped up an insurance/re-insurance trio from Norton Rose Fulbright.In addition to the above five firms: Akin Gump, Bryan Cave Leighton Paisner, Gowling WLG, Hill Dickinson, and Willkie Farr made two partner team hires.
|Kirkland & Ellis||4|
Also of note in this edition
- 20% of all moves were from non-partners moving into partnership (including all four partner hires at Kirkland & Ellis)
- Two firms hired partners from in-house: Dentons (Hilton Hotels) and Fieldfisher (Morgan Stanley);
- 24% of all partner moves were female partners.
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