Source: Yahoo Finance by Maria Ward-Brennan
According to data provided by legal recruiter, Edwards Gibson, there were 510 partner moves recorded over 2023. This figure is up six per cent on the 480 partner moves recorded over 2022, and it’s a 12 per cent increase on the five-year average.
Christopher Clark, director at Definitum Search said: “Last year saw a surprising amount of partner moves as firms looked to position for the market recovery and litigation uptick.”
US law firm Paul Weiss topped the list with the most partners recruited in the City with 14 lateral hires of partners. With Addleshaw Goddard and Eversheds Sutherland in joint second place with nine partner-to-partner moves.
Fellow US law firm Kirkland & Ellis topped the list in total hires of partners which includes hiring lawyers into partner roles. This is helped by the firm having a different structure which includes having a non-equity partnership. The firm hired 18 people, of which eight were lateral partner hires.
Read full article: https://uk.finance.yahoo.com/news/booming-demand-london-legal-market-122446590.html
