BERWIN LEIGHTON PAISNER
INTERNAL PROMOTIONS
| Overall |
2004-05 |
2005-06 |
2006-07 |
| |
9 |
2 |
13 |
2006-07: Real estate 6, corporate 3, technology 1, IP 1, employment 1, projects 1
2005-06: Corporate 1, projects 1
2004-05: Technology 1, banking 1, real estate 3, corporate 4
LATERALS
| Overall |
2004 |
2005 |
2006 |
| |
14 |
10 |
17 |
2006: Corporate 4, finance 1, technology 3, projects 2, employment 2, real estate 2, banking 3
2005: Corporate 3, finance 1, technology 2, projects 2, real estate 2
2004: Projects 3, real estate 4, finance 1, banking 2, corporate 3, IP 1
Intake as percentage of partnership: 17
New female partners as percentage of intake: 30
Firms recruited from: Allen & Overy, Clifford Chance, Dewey Ballantine, Linklaters, Lovells, McDermott Will & Emery, Slaughter and May
Equity structure: 85 equity partners, 91 non-equity
Practice area(s) most heavily promoted: Real estate, corporate
*Figures supplied relate to the calendar year
Renowned for having a big-spending lateral hire policy, in 2006-07 Berwin Leighton Paisner (BLP) made a firm record of 13 promotions to the partnership. Real estate, an area of historic strength, re-emerged as a key focus, snaring the lion’s share of the promotions with six.
Emphasis on corporate and banking also increased, with both areas benefiting from lateral hires. But it is not so clear-cut for the firm’s associates, with no finance or banking promotions in 2006-07 and three in corporate.
BLP is, however, working hard to retain associates. Attrition is around 10 per cent, 53 associates were recruited in the first six months of 2006 and the firm introduced an associate director role as an alternative to partnership.
2006 also saw the firm’s first international lateral hires in Brussels and Paris, in business and technology services and corporate finance respectively.
