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Pinsent Masons
Internal promotions
2005-06: Banking 1, corporate 3, real estate 3, energy 2, construction 1, litigation 1, employment 1, insurance 2, projects 1, IT 3
2004-05: Pinsents and Masons merged 2004-05 2003-04: N/A
Laterals
2005-06: Banking 2, corporate 1, projects 1, real estate 2
2004-05: N/A 2003-04: N/A
Intake as percentage of partnership 2005-06: 10
New female partners as percentage of intake 2005-06: 42
Firms recruited from: Clifford Chance, Lawrence Graham
Equity structure: 121 equity partners, 126 non-equity partners
Practice area(s) most heavily promoted: Corporate, real estate
Pinsent Masons' figures are tricky to
read, because Pinsents and Masons
have only recently merged. However,
both firms tended to recruit
partners internally rather than laterally.
Legacy Pinsents took on eight
laterals in 2004-05 but counterbalanced
that with 16 promotions in
the same year. Masons made no laterals
that year and had six promotions.
Projects, construction and IT
dominated at Masons, while banking,
corporate and property were
Pinsents' favoured sectors for
promotions.
The 2005-06 round of partnership promotions show that the legacy Pinsents associates probably had a better shot at partnership, if the office statistics are anything to go by. In the previous two years, Masons had appointed a total of 18 new partners, of whom two were lateral hires. Seven were in London, four in Scotland, four in Manchester, one in Bristol, one in Hong Kong and one in Shanghai. Pinsents' total of 31 new partners over that period were concentrated in London (11), Birmingham (11) Leeds (six) and Manchester (three). In 2005-06 the merged firm made up nine in London, four in Birmingham, one in Manchester, three in Leeds and one in Hong Kong. Legacy Masons offices in Bristol, Edinburgh and Glasgow got no partners throughout this time. The sectors, however, are spread across the board, with corporate and property just edging it. |
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