COBBETTS
INTERNAL PROMOTIONS
| Overall |
2004-05 |
2005-06 |
2006-07 |
| |
7 |
7 |
0 |
2006-07: 0
2005-06: Recovery/insolvency 1, real estate 3, litigation 1, banking 1, licensing 1
2004-05: Litigation 2, corporate 3, public services 1, family 1
LATERALS
| Overall |
2004 |
2005 |
2006 |
| |
40 |
12 |
0 |
2006: 0
2005: Construction 2, planning 1, property 6, recovery/insolvency 1, corporate 2
2004: Banking 3, corporate 11, real estate 7, employment 2, pensions 1, litigation 4, recovery/insolvency 2, charities 1, private capital 2, construction 2, planning 5
Intake as percentage of partnership: 1.7
New female partners as percentage of intake: 0
Firms recruited from: Pinsent Masons, Lee Crowder (merger), Wilbraham & Co (merger)
Equity structure: 72 equity partners, 43 non-equity
Practice area(s) most heavily promoted: Property-related, litigation, corporate
*Figures supplied relate to the calendar year
Cobbetts has grown considerably over the past three years, with three mergers accounting for the 31 lateral hires made in 2004-05. But the firm made no lateral hires and no internal promotions in 2006-07.
The firm has said, however, that it is planning to adopt a new, more flexible corporate structure from the start of the 2007-08 financial year, a move that it claims will provide promotion opportunities across the firm. Over the past three years litigation, corporate and property were the most heavily promoted practice areas.
