PINSENT MASONS
INTERNAL PROMOTIONS
| Overall |
2004-05 |
2005-06 |
2006-07 |
| |
17 |
18 |
12 |
2006-07: Construction/energy 3, corporate 1, employment 2, technology/ commercial 2, property 3, pensions/tax 1
2005-06: Banking 1, construction/energy 1, corporate 3, pensions/tax 1, projects 1, energy 2, property 3, litigation 1, technology/commercial, 3, insurance 2
2004-05: Banking 1, corporate 4, employment 1, litigation 2, real estate 4, pensions 1, projects 2, tax 1, technology/media 1
LATERALS
| Overall |
2004 |
2005 |
2006 |
| |
3 |
4 |
11 |
2006-07: Banking 2, construction 1, corporate 4, employment 1, outsourcing/technology/ commercial 1, pensions 2
2005-06: Banking 2, property 1, corporate 1
2004-05: Banking 1, projects 1, property 1
Intake as percentage of partnership: 9.2
New female partners as percentage of intake: 43.5
Firms recruited from: Brodies, Dundas & Wilson, Eversheds, Freshfields Bruckhaus Deringer, Halliwells, Hammonds, McGrigors, Olswang
Equity structure:
105 equity partners, 145 non-equity
Practice area(s) most heavily promoted: Corporate, property, UK construction/engineering
*Figures supplied relate to the calendar year
Pinsent Masons has made serious investment in internal promotions, with 47 in three years. Furthermore, the firm’s regional associates have a good chance of making the partnership. In three years Birmingham has had 10 out of the 47 (although none in 2006) and Leeds has done particularly well with a total of 15. London has reaped 16 new partners. Leeds did particularly well in the most recent round, with six out of a total of 12, with London gaining four.
Lateral hiring has also propelled partnership growth. In the two years after the Pinsents-Masons merger, the firm recruited seven new lawyers, but in 2006-07 it went on a hiring spree with an additional 11 partners brought in. Of those, four went to Edinburgh, Leeds and London each got two, with corporate and banking/finance the favoured sectors.
Half of the lateral hires in 2006-07 have been women, while the internal promotions round saw four women get the nod.