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Welcome to the 64th edition of law firm partner moves, from the specialist partner team at 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.
July to August is traditionally a quiet time for the announcement of law firm partner moves and this edition is no exception. There were 52 hires - 4% up on last year (50), but exactly in line withthe statistical average for the same period over the past five years. In terms of laterals - partner-to-partner hires - there were 33 (15% down on the 39 we saw last year).
Undoubtably the most significant move this edition was Sidley Austin’s restocking of its private equity offering with a three-partner lateral team from Vinson & Elkins. The move marks a fight-back by the Chicago headquartered outfit following its loss last year of an even larger private equity team to Goodwin Procter.
Top partner recruiters in London July - August 2021 |
|
Kirkland & Ellis |
3 |
Sidley Austin |
3 |
EY |
3 |
In addition Addleshaw Goddard, ASAFO & Co, DLA Piper, Eversheds Sutherland, Howard Kennedy, Kingsley Napley, Latham & Watkins, Michelmores, Paul Hastings and White & Case each hired two partners a-piece.
Also of note in this edition
- Two firms hired from in-house - Fieldfisher (Bank of New York Mellon) and White & Case (Morgan Stanley)
- 31% of all hires were female
- 37% of all moves were non-partners moving into partnership.
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.
Scott Gibson, Director scott.gibson@edwardsgibson.com
Sloane Poulton, Director sloane.poulton@edwardsgibson.com
Mark Coates, Senior Consultant mark.coates@edwardsgibson.com
Please click here to understand our methodology for compiling Partner Moves
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- Edwards Gibson Partner Round-Up - Our Methodology
- Previous editions of Partner Moves in London
- Quantifying your following and writing an effective law firm business plan
- Specimen partner business plan template
- The Partnership Track and Moving for Immediate Partnership
- Legal directory rankings and their effect on lawyer recruitment
- Restrictive Covenants and Moving on as a Partner
- Paul Weiss - Happy Birthday to BigLaw's Apex Predator
- Paul Weiss - Blackjack!
- Breaking The Circle - the real significance of Freshfields pay bonanza is far more profound than just another Big Law salary arms race.
- A lawyer's progress to partnership... and the closing window of opportunity
- Linklaters – Welcome to the “Hotel California” of Big Law; “You can check out anytime you like but you can never leave”
- The Pecking Order at MIPIM; believe it or not Real Estate Lawyers are not at the bottom!
- Parallels in Peril, two midsize law firms – Axiom Ince and Stroock & Stroock & Lavan – collapse in the same month
- And you thought $20 million was a lot for a lawyer…