NRF London partner promotions flat at eight in North America-focused round

Norton Rose Fulbright

Norton Rose Fulbright has promoted 48 lawyers to partner and five to the South African partner-equivalent role of director, increasing its intake on last year’s 46.

Promotions in its City base stayed the same as last year at eight, however, as the firm focused heavily on its American business, which accounted for more than half of the intake. The firm minted 13 lawyers in the US and 14 in Canada. Continue reading “NRF London partner promotions flat at eight in North America-focused round”

Hogan Lovells ramps up London partner promotions in 29-strong round

Steve Immelt

Hogan Lovells has increased partnership promotions in the City for the fourth successive year, minting eight in London amid a slightly scaled back round.

The firm announced today (6 January) it has promoted 29 of its lawyer to the partnership in the last round overseen by chief executive Steve Immelt (pictured), who will hand over to Miguel Zaldivar in June following a confirmatory vote by partnership in late December last year. The firm made 30 promotions last year. Continue reading “Hogan Lovells ramps up London partner promotions in 29-strong round”

Continental growth ‘high on the agenda’: BCLP bolsters Paris outpost with seven-partner splash

Paris

Starting the New Year with a bang, Bryan Cave Leighton Paisner (BCLP) has recruited a 21-strong team of lawyers in Paris, including seven partners.

The hires mark the largest addition to the firm since its transatlantic merger in 2018, with expansion on the continent high on the agenda for the firm’s leadership. Two partners have joined in the Paris offices’ real estate, taxation and financing teams respectively, while one partner was added in public law. Continue reading “Continental growth ‘high on the agenda’: BCLP bolsters Paris outpost with seven-partner splash”

LLP accounts: Pension costs hurt CC profits as A&O leadership sees pay increases

Matthew Layton

Operating profit at Clifford Chance (CC) UK LLP fell 5% to £260m in the year to 30 April 2019 amid rising pension costs while management at City rival Allen & Overy (A&O) saw a 8% pay rise to £16m, the two firms’ recently published accounts have revealed.

The fall in profits at CC’s LLP – which includes its UK headquarters and eight of its overseas branches – came despite a 4% global revenue increase to £1.693bn as the firm added £70m to its top line. Continue reading “LLP accounts: Pension costs hurt CC profits as A&O leadership sees pay increases”